Cambodia attracts US$1.29bil investment from China in H1 of 2022

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This is according to a report from the Council for the Development of Cambodia released today.

China remained the top foreign investor in the Southeast Asian country, accounting for 43 percent of the total investment of 2.99 billion dollars the kingdom approved during the January-June period this year, the report said.

Investment projects had been focused on agriculture and agro-industry sectors, manufacturing, tourism, and infrastructure. "Chinese investment has not only brought in new capital, but also advanced technologies for Cambodia's socio-economic development," he added. "Chinese investment is essential to help boost Cambodia's economy and create new jobs for Cambodian people in the post-COVID-19 pandemic era," he told Xinhua.

 

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