PHNOM PENH, March 16 (Bernama) -- Cambodia attracted US$116.5 million in foreign direct investment (FDI) in the first two months of this year, showing a recovery in FDI attraction from a decrease of 46 percent to US$5.9 billion USD last year.
The Cambodian Development Council (CDC) granted licences to nine projects worth US$75 million in January and to six others worth 41.5 million USD in February, reports Vietnam news agency on Tuesday.
The projects mainly involve in agriculture and apparel, including two garment and textile plants invested by China and Singapore, a Vietnamese-invested rice processing mill and several farm produce processing plants, according to the CDC.
The agriculture sector is becoming the most attractive area for foreign investors in the Kingdom and it has potential in the world market, especially in the European Union.
No comments:
Post a Comment