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Foreign direct investment in Cambodia has been rising sharply since 2013. Cambodia still attracts foreign investors, though the European Union will have to adjust its deficit this year.

In 2017, the country received FDI of $ 629.7 million, up 9.12 percent from a year earlier.

According to a report from the Council for Investment and Development of Cambodia, foreign direct investment rose to $ 113.9 million in the first quarter of this year, up 33.63 percent from the same period last year. Before.

"China is the number one investor in Cambodia, followed by South Korea and the United Kingdom," he said. Thailand is ninth in terms of foreign investment in Cambodia. "

Nontwaris Jatepiyawat, director of Kingsmen CMTI (Cambodia) Co Ltd, said the company earned a total of 8 million baht in its initial operations. The company plans to achieve 20 million baht this year and 30 million baht in 2020, thanks to strong growth in major cities in Phnom Penh, Siem Reap and Sihanoukville.

With expansion to Myanmar and Cambodia, Kingsmen CMTI Plc recorded a total revenue of 2.13 billion baht by the end of last year, up 86.8% from 1.14 billion for 2017.

In Cambodia, the company established Kingsmen CMTI (Cambodia) last year, with a registered capital of $ 300,000.

Thailand-based Kingsmen CMTI is boosting its services in Myanmar and Cambodia, thanks to expansion of Thai and foreign investors in both countries. Sunisa Ratnanenya, vice president of Kingsmen CMTI, said.This news from propertyarea.asia