PM attracted $6bn Vietnamese investment
Tuesday, December 29, 2009 10:58Cambodia’s prime minister Hun Sen departed Vietnam on Saturday in order to attend a Vietnamese investor’s conference in Ho Chi Minh City. During this time, Cambodia and Vietnam has agreements with US$6 billion worth of investment into Cambodia to strengthen the cooperation in four sectors of commerce, tourism, energy and transportation.
The agreements were signed by Cambodian Minister of Commerce Cham Prasidh and Vietnamese Minister of Planning and Investment Vo Hong Phuc.
“We have the ambition and commitment to keep developing the investment atmosphere in Cambodia in order to promote it as the best in the region,” The Cambodia Daily quoted Hun Sen as saying.
The premier added that the passing of the investment law and the recent Council of Ministers approval of the anticorruption law, as well as Cambodia’s natural resources, showed that the country was ready for more investment.” Read the rest of this entry »

