Wassana Nanuam
Bangkok Post
Despite the long-standing border conflict between the two countries, the Phnom Penh government insists Thai investors are welcome in Cambodia.
Thai investors, too, are confident the tense border conflict will not affect their investment plans.
Cambodian Minister of Tourism Thong Khon said Thai investors are eligible for tax privileges and Thai products imported by them are exempted from taxation for a period of three to eight years.
Mr Thong Khon was full of praise for such Thai businessman as Supachai Verapuchong, managing director of the Sofitel Phnom Penh Pookeerhra Hotel, for his continued investment in Cambodia even though the hotel, formerly known as the Royal Phnom Penh, was severely damaged in an anti-Thai rioting in Phnom Penh in December 2006.
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