Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - In Brief: Investment approved

In Brief: Investment approved

In Brief: Investment approved

THE Council of Ministers on Friday approved a plan drafted by the

Ministry of Planning to spend US$2.8 billion on public investment from

2010 to the end of 2012, it said in a statement. The plan relates to

536 projects, 389 of which are direct investment with the remainder

technical assistance projects, said the council. Minister of Planning

Chhay Than told the Post ahead of approval in March that the majority

of the budget would be spent on infrastructure and irrigation with

about half the money coming from development partners.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all