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Logo of Phnom Penh Post newspaper Phnom Penh Post - 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.

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