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Vietnam leads Cambodian investment in 2011

Vietnam led other ASEAN nations investing in Cambodia in 2011, with USD631 million out of the total of USD880 million from the bloc.

Vietnam leads Cambodian investment in 2011 - 1
Vietnam led other ASEAN nations investing in Cambodia in 2011, with USD631 million out of the total of USD880 million from the bloc.

Malaysia came second with USD235 million and Singapore third with USD14 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.

Source: VNA
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