Showing posts with label 50% FDI drop in first half of 2009. Show all posts
Showing posts with label 50% FDI drop in first half of 2009. Show all posts

Thursday, August 13, 2009

FDI in Cambodia halves in first 6 months of 2009

PHNOM PENH, Cambodia, Aug 13, 2009 (Asia In Focus via COMTEX) -- Flows of foreign direct investment into Cambodia dropped by 50 per cent in the first six months of 2009, compared with the same period last year, local officials have said. Investment by China and South Korea - the two biggest investors in 2008 - decreased by 93 per cent and 58 per cent respectively, while Japan's investment surged beyond expectations, the Council for the Development of Cambodia (CDC) said in its latest report.