August 25, 2011

England Promises to Invest US$ 2.22 billion in Cambodia


England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media.

According to the report, in the first seven months of the year, England is the largest investor with the promised investment of US$ 2.22 billion, followed by the domestic investor of US$ 1.29 billion and Chinese with US$ 1.13 billion.

The total investments in that period up to US$ 5.5 billion increased from US$ 1.37 billion in the same period in previous year.

There were 75 investment projects approved, including 4 investment projects in tourism worth up to US$ 2.44 billion, 60 industrial projects about US$ 2.6 billion, and other 11 projects on agriculture, rubber, telecommunication and services with US$ 460 million.

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