By Business Reporters
The Nation
Thai businessmen with a presence in Cambodia are positive that the Thai-Cambodian conflict will not adversely affect their businesses.
Between August 1994 and June 2009, Thai companies have invested US$226.59 million (Bt7.57 billion) on 81 projects in Cambodia, according to Phnom Penh's Office of Trade Development.
According to Deputy Commerce Ministry Alongkorn Ponlaboot, there are four major pending projects worth $30.67 million, including a sugar-cane plantation for the Thai Beverage Group; a logistics system and port for Khon Kaen Sugar Industry; and the Krungthep Hospital. The bilateral trade, according to the Commerce Ministry, is worth $2.13 billion per annum, with Thailand exporting $2.04 billion and importing goods worth $90 million.
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