Cambodia Attracts US$692 Million Investment In First 6 Months

PHNOM PENH, Aug 10 (Bernama) -- Cambodia had issued licenses to 72 domestic and foreign investment projects worth US$692 million in the first half of 2012, China's Xinhua news agency cited a report of the Council for the Development of Cambodia (CDC) on Friday.

During the January-June period this year, domestic investment topped the chart with a total venture of US$148 million in 12 projects, followed by China with US$141 million in 19 projects, and Thailand with US$84 million in four projects.

Local investors invested in the fields of fertiliser manufacturing, beverage manufacturing, rice milling, tapioca powder processing, garment factories, hotel and resort development, and information technology, said the report.

Chinese investors put their ventures here in garment and textile industry and rice mills, whilst Thailand in the fields of rice milling, footwear factory and clothe manufacturing.

Besides these investors, the country during the period, also saw investments from the United States, Canada, Vietnam, Singapore, the United Kingdom, South Korea, China's Taiwan, China's Hong Kong, India, Japan and Samoa.

In 2011, the country attracted 164 domestic and foreign investment projects worth US$7.01 billion.

-- BERNAMA