Logo of Phnom Penh Post newspaper Phnom Penh Post - China accounts for 27% of fixed-asset investment

China accounts for 27% of fixed-asset investment

China accounts for 27% of fixed-asset investment

Cambodia attracted $5.2 billion in fixed-asset investments over the course of 2017, seeing a 44 percent increase in approved funding for projects in comparison to 2016, according to Council for the Development of Cambodia figures reported by Xinhua news agency yesterday.

The invest-ments involve more than 100 projects that were approved in the agricultural, manufacturing, tourism, telecom and transportation sectors, the agency reported.

More than $3 billion in slated investments are from Cambodian investors, while Chinese investors account for $1.43 billion, or 27 percent of all fixed-asset investments for 2017. Singapore, ranking third, accounts for $252 million of total fixed-asset investments.

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