E LEVEN Chinese companies have come to Phnom Penh to exhibit their products and assess a longer-term move here.

"If we can find markets here, some companies worth billions of dollars will import their products," said Fan Yumin of the China Economic and Trade Consultants Corporation.

The eleven companies were displaying their products, such as engines, generators, refrigerators, bicycles, electrical gear and kitchenware, at the Oriental Hotel from December 12-16.

Fan Yumin said some of the firms had already signed contracts, worth millions of dollars, with Cambodian corporations to sell equipment such as engines.

Cambodia, with its fast-developing economy, offered good opportunities for Chinese businesses, he said.