​Investment slid 35pc | Phnom Penh Post

Investment slid 35pc

Business

Publication date
20 January 2010 | 08:00 ICT

Reporter : Nguon Sovan

More Topic

THE flow of direct foreign investment into Cambodia declined 35.2 percent last year, according to the central bank’s annual report released late Monday. FDI fell to US$514.7 million last year, from $794.7 million in 2008, the report said. Garment factories, the tourism industry and the telecoms sector saw notable investment falls in FDI, the report added. The study follows data, released by the Council for the Development of Cambodia last week, which noted that the total amount of approved investment coming into the Kingdom fell an annualised 46.18 percent from $10.88 billion in 2008 to $5.85 billion in 2009.

Contact PhnomPenh Post for full article

Post Media Co Ltd
The Elements Condominium, Level 7
Hun Sen Boulevard

Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia

Telegram: 092 555 741
Email: [email protected]