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PM praises CAEXPO's role in promoting trade

PM praises CAEXPO's role in promoting trade
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China's FDI to Cambodia surges in 11 months of 2020

By VNA / DA NANG Today
January 06, 2021, 17:04 [GMT+7]
China’s direct investment in Cambodia reached 860 million USD in the first 11 months of last year, up 70 percent year-on-year, the Phnom Penh Post cited data from the Chinese Embassy in Phnom Penh as saying on January 5.
A Chinese development in Cambodia (Photo: Internet)
The bulk of the direct investment went to construction, apparel, electric and electronic components and agriculture, according to the embassy.
General Manager of the Cambodia Constructors’ Association Chiv Sivpheng said Chinese investment in the construction sector has been on the rise, especially in large-scale construction projects - a lynchpin of national economic growth over the past few years. ....

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