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Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia Draws $154 Million To July

Cambodia Draws $154 Million To July

F oreign investors committed $154 million to Cambodia in the first six

months of 1996, according to a report published by Agence Khmere de Presse (AKP).

Citing Cambodian Investment Board (CIB) and Cambodia Development Council (CDC) sources,

the report said most of this year's investment had been in the garment industry through

Cambodian joint ventures with Asian and European companies.

The Royal Government expected foreign investment to increase to $500 million annually

before the year 2000, the report said

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