At the National Committee for Investment (NCI) various local and foreign investors
are seen going to apply for investment in different fields every month. But, for
the whole of September, none could be found there.
During the first and second quarter of 1993, 57 companies came to invest in Cambodia,
mainly in industry, communication, agriculture and tourism. They came mostly from
Thailand, Hong Kong and Singapore.
But during the third quarter of this year, only four companies registered for investment
in Cambodia in July, one in August, and none in September.
According to an official at the NCI, the deteriorating security situation makes investors
feel reluctant and leave the country.
Investors worry that it takes so long for authorization to invest here to be approved.
To date, there have already been 104 companies investing in Cambodia, but no considerable
results have been recorded.
A large number of companies just put up sign- boards without doing anything.
Development is greatly needed in Cambodia. We hope that a lot of other companies
will come and invest in our country.
- (Translated from Rasmey Kampuchea by Moeun Chhean Nariddh)
