Chinese investment in Cambodia rises in 2021 despite pandemic

Chinese investment in Cambodia had increased significantly in 2021 despite the negative effect of the Covid-19 pandemic, which truly reflected Chinese investors’ trust in Cambodia’s business environment, officials and experts said on Friday.

Cambodia attracted fixed-asset investment of US$2.32 billion from China last year, up 67 percent from US$1.39 billion in the year before, according to a report from the Council for the Development of Cambodia.

China remained as the top foreign investor to the Southeast Asian nation, accounting for 53.4 per cent of the total investment of US$4.35 billion the kingdom approved last year, the report said.

In full: https://www.thestar.com.my/aseanplus/aseanplus-news/2022/03/04/chinese-investment-in-cambodia-rises-in-2021-despite-pandemic

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