Cambodia attracts $9.17b investment from China in last 18 years

PHNOM PENH - Cambodia has attracted $9.17 billion investment from China in the last 18 years (1994-2012), making China become the largest investor in this country, showed a government report on Wednesday.

During the period, South Korea and Malaysia are the second and third largest investors in Cambodia with the cumulative investments of $4.33 billion and $2.62 billion respectively, said the report of the Council for the Development of Cambodia.

The United Kingdom ranked at fourth with the promised investment of $2.41 billion in this impoverished country, while the United States placed at fifth with the capital injection of $1.29 billion.

The report added that its neighboring countries, Vietnam and Thailand, rated at sixth and eighth respectively. During the period, Vietnam invested $1.28 billion in Cambodia, whilst Thailand poured $867 million into their projects here.

According to the report, China's investment in Cambodia focused on the fields of energy, mineral resources, garment industry, banking and finance, real estate, tourism and agriculture.