By Associated Press
PHNOM PENH, Cambodia — Cambodia will soon start construction on a building to house its first stock exchange which it hopes will help draw foreign investment to the impoverished country, the Finance Ministry said Wednesday.
A South Korean firm, World City Co. Ltd., was awarded the contract to build the $6 million building in Phnom Penh, which is scheduled for completion by the end of 2010, said Mey Vann, director of financial industry at the Finance Ministry.
"We expect that the official operation of our stock market will start once the building is complete," Mey Vann said.
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