Friday, July 9, 2010

Cambodia Behind Region in Investment

Cambodians cross the Tonle Sap river by ferry along a Chinese-funded bridge under construction at Prek Kdam village. (Photo: AP)
Kong Sothanarith, VOA Khmer
Phnom Penh
Thursday, 08 July 2010

While Cambodia has adopted a competitive investment strategy, it lags behind Asia-Pacific countries in terms of investment facilities and other factors, the World Bank reported Wednesday.
Cambodia is one of the more open countries to foreign investment, but its roads, ports and other infrastructure are not developed, according to the “Investing Across Borders” annual report.
“It’s a showcase to attract more foreign direct investment,” said Ngoun Meng Tech, secretary general of Chamber of Commerce of Cambodia.
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