May 30, 2008 00:11 AM
PHNOM PENH, May 29 (Bernama) -- Malaysia has been the biggest investor in Cambodia for 14 consecutive years with investments totalling US$2.19 billion (RM7.3 billion).Malaysia's Ambassador to Cambodia Datuk Adnan Otman said that according to the March 2008 report of the Development Council of Cambodia, Malaysia ranked top, followed by China with investments of AS$1.761 billion.
"Among the business carried out by Malaysian companies are power generation, textile manufacturing, construction, hotels, restaurants, telecommunications, insurance, banking and petroleum," he said in his speech at a dinner hosted by the Malaysian Business Council in Cambodia at the Raffles Hotel Le Royal here Thursday.
Yang Di-Pertuan Agong Tuanku Mizan Zainal Abidin and the Raja Permaisuri Agong Tuanku Nur Zahirah, who are on a four-day official visit to Cambodia, were the guests-of-honour.
Adnan said Cambodia was becoming a popular destination for Malaysians, especially for those looking for business and investment opportunities.
The number of Malaysians who came to Cambodia in 2007 was 84,039 people, from 36,876 in 2006.
Cambodians who went to Malaysia in 2007 totalled 23,193 people compared with only 9,957 people in 2005," he added.
Source:http://www.bernama.com/bernama/v3/news_lite.php?id=336186
Dear Sroeu,
ReplyDeleteI am interested in your Investment news in cambodia, by the way; based on case I would like you to advise me how could I find the contact of the EAST bank; since East Bank will be planed to invest in cambodia in this year as well.
One more thing, I heard that Indain Bank will be invested in Cambodia as well; thus could you share us the information; or giving us the website to let us check by ourself.
Thanks in advance.
Please advise. Thanks once again.
Best regards,
Sathya