FDI flow into Cambodia picks up 11.7 percent in 2019

Cambodia lured more than 3.58 billion USD in foreign direct investment (FDI) in 2019, a year-on-year surge of 11.7 percent, with Chinese investment accounting for 43 percent of the total figure, according to the National Bank of Cambodia (NBC).

The NBC’s Macroeconomic and Banking Progress 2019 Report and 2020 Outlook showed that some 2.38 billion USD worth of FDI was poured into the financial sector, while the non-financial sector received 1.2 billion USD.

Senior adviser at the Supreme National Economic Council Mey Kakyanwas quoted by the Phnom Penh Post newspaper as saying that sound business environment and investment laws were behind the steady increase in FDI attraction.

In full: https://en.vietnamplus.vn/fdi-flow-into-cambodia-picks-up-117-percent-in-2019/166790.vnp

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