Unle Ho tries to beat Uncle Mao in Nambodia? Fat chance!

Vietnam leads Cambodian investment in 2011

Feb 10, 2012
VIR/VNA

Vietnam led other ASEAN nations investing in Cambodia in 2011, with $631 million out of the total of $880 million from the bloc.

Malaysia came second with $235 million and Singapore third with $14 million, the Cambodian Development Council (CDC) said on February 9.

CDC said Vietnam has 17 projects focusing on rubber plantations and processing and mining, while Malaysia invests in property, garment and textiles and rice milling, and Singapore focuses on developing five-star hotels.

Over the past 17 years, Malaysia, Vietnam, Thailand and Singapore have been key investors in Cambodia.