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Cambodia attracts $2.28 bln investment projects last year: gov't report

English.news.cn   2013-01-29 17:19:50            

PHNOM PENH, Jan. 29 (Xinhua) -- Cambodia had granted licenses to 157 domestic and foreign investment projects with a total investment of 2.28 billion U.S. dollars in 2012, according to a report of the Council for the Development of Cambodia (CDC) on Tuesday.

Domestic investors topped the chart among all investors last year with a total investment of 907 million U.S. dollars, followed by South Korea with 287 million U.S. dollars, China with 263 million U.S. dollars, and Japan with 212 million U.S. dollars, the report said.

Local investors focused their investment on garment and shoe manufacturing, cassava factory, rice mills, and tourism resort development, while South Korea focused on clothes manufacturing, toys factory, electronic assembling, tapioca processing and bio- ethanol plant.

China's investment is made in the fields of garment manufacturing, furniture manufacturing, and rice mills, whilst Japan is in shopping mall, garment manufacturing and electricity equipment.

Speaking at a graduation ceremony of students at the Vanda Institute of Accounting on Tuesday, Prime Minister Hun Sen said that the government has been working actively to fight against corruption in a bid to further attract both local and foreign investors.

Other foreign investors in the country last year are the United States, Canada, Malaysia, Vietnam, Singapore, Thailand, the United Kingdom, the Netherlands, China's Taiwan, China's Hong Kong, India, Australia, France, Luxembourg, and Samoa.

In 2011, the Southeast Asian nation received 164 domestic and foreign investment projects worth 7 billion U.S. dollars.

Editor: Tang Danlu
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