Let know the total amount of investment and the total number of projects in the first 8 months in Cambodia

Speaking at the Press Conference on October 10, 2019, on Investment Dynamics in the Kingdom of Cambodia, HE Chea Vuthy, Deputy Secretary-General of the Investment Committee of Cambodia and the Special Economic Zone Committee of Cambodia spoke on the volume of total investment and capital projects during the first eight months and the major reasons for the increase.

According to His Excellency, in the first eight months of 2019, we have 222 investment projects with a total investment of 6 billion US dollars, over 81 projects from the previous year and investment surplus of US $ 1.88 billion.

Meanwhile, 222 projects in the industrial and manufacturing sectors grew significantly, with tourism up 94% over the same period in 2018.

Foreign investors accounted for 56% of total investment, with China accounting for 35%, Japan 7.8%, Vietnam 2.9, Singapore 1.85, Korea 1.7%, Malaysia 1.39%. Thailand, 0.91, and other countries for our domestic investors, totaled 44.7%, from 2016 to the second semester of 2019.

He also stated that the reason for this continued growth is because Cambodia has opened up the economy of all investments, labor, potential, tourism development, culture and nature; especially, Cambodia is well located in the strategic location of the ASEAN region and peace in our country.(This news came from Business-Cambodia.com)