Tuesday, September 06, 2011

China's investment in Cambodia reaches $8.8b

2011-09-06
Xinhua

PHNOM PENH - Cambodia has received $8.8 billion of investments from China from 1994 to July 2011, making China the leading country in the investments in the country, according to the reports from the Council for the Development of Cambodia (CDC) on Sept 6.

The report showed that besides China, South Korea, Europe, Malaysia and China's Taiwan are also leading investors in Cambodia.

From 1994 to July 2011, South Korea's investment in Cambodia was rated at second with $4 billion, European countries at third with $3.6 billion.


Also, Malaysia and China's Taiwan are at fourth and fifth places with $2.6 billion and $823 million respectively.

"China is the largest investor in Cambodia," Sok Chenda Sophea, the CDC's Secretary General, said on Sept 6. "Also, it' s the leading donor for infrastructure development in Cambodia."

China's investments in Cambodia are mainly in hydro-power dams, mineral resources, garment industry, banking and finance, tourism and agriculture.

The report also recorded that during the last 17 years, the United States' and Japan's investments in the country have been ranked 10th and 11th with $282 million and $148 million respectively.

10 comments:

Anonymous said...

make sure to invest in expanding phnom penh international airport, too, ok! the airport must be at least 3500 meters in length by 60 meters in width, ok! build it nice so big planes from all over the world can land and take off in phnom penh without so much hazard, you know! invest in both airports and railways in cambodia, ok! of course, it takes money, but the long run, it will pay for itself once your build these modern infrastructure in cambodia, you know! it's called investment, please do make big investment in cambodia infrastructure as well as architecture and real estate, ok! god bless cambodia, the beautiful.

Anonymous said...

OK! 12:10AM!!!!! also 555 meters building!:)

Anonymous said...

good to know china is investing a lot in our country! China investment is better than AH YOUN HANOI PIECE OF SHIT! GOOOOOOOOOOO CHINA!!

Anonymous said...

2:05AM! remember Pol Pot master, STUPID?

Anonymous said...

2:26!!! pol pot is over now dumb azz! learn to think about the future!!

Anonymous said...

Yes to Renminbi
NO to Dong Dumb

Anonymous said...

Good investment China, keep going, Singapore's development path is a good model for Cambodia.

Make sure to out smart and outspend Vietnam regarding Cambodia, that includes the quarantee of Cambodia independence, sovereignty and territorial integrity.

Anonymous said...

Is there anything for the poor or the Cambodian workers???? or just buying Cambodian land from the high ranking official and evict the poor from their land.????

Wake up Khmer people where are all those investment go????

Anonymous said...

who cares about the ignorant, lazy poors! they just keep on being poor forever! go stand in line for welfare, ok! let the rich develop and modernized cambodia for a change, ok! of course, there are more to cambodia than some poor people that are ignorant, you know! they say smart people learn from the fool, and the fool don't learn from the smart! so true with stupid, poor people who are always begging for a living forever! it's time to work hard, get good education by all cost and stop being poor forever, ok! that said, the only poor people i have sympathy with are the disabled, the handicapped, the vulnerable children and elderly, etc, but i have no sympathy for capable people who are just plain ignorant and lazy and like to beg for a living forever, that's all!

Anonymous said...

please help build and construct and modernize phnom penh to be hong kong and singapore. phnom penh has great potential to be the next hong kong and singapore, you know!