Chinese firm plans investment in Cambodia
Updated: 2012-08-08 14:30
PHNOM PENH -- China's Hainan Ruijin Investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group's chairman Pan Xiaoping said Wednesday.
Pan said during a meeting with Heng Samrin, president of Cambodia's National Assembly that his company decided to establish an overseas branch office in Cambodia to focus on the three projects.
Pan did not say when the projects will be started.
Heng Samrin pledged full support for those projects, which he said will be good to boost the development of Cambodia's economy.
"Foreign investment is a key factor to accelerate economic development in Cambodia," he said.
China's international investment
Investment from China vital for Cambodia's economy
Hebei Steel invests in Canadian iron ore miner
Hebei Iron OK'd for overseas investment
Lenovo to invest $30m to build unit in Brazil
Belgium wants more Chinese investment
- BYD exports three electric cars to Thailand
- Grid gets first jolt of residential solar power
- US now largest buyer of China's exports
- China's outbound M&As on the rise
- Tobacco control may entail price, tax rises
- Quanzhou becomes pilot financial reform zone
- New automobiles shine at Geneva Motor Show
- World's longest high-speed rail 'on track'
- Jiugui Liquor involved in plasticizer scandal again
- Accident reignites school bus safety concerns
- China to revise labor law
- Trademark registration under scrutiny
- Dinner ban takes toll on liquor firms
- CIC tables bid for London's Chiswick Park
- Property buyers eye overseas market
- Call for law to protect personal information
- China to cut train ticket prices
- Christmas business
- Solar industry to get jolt from new policies
- KFC chicken under spotlight
Survey & Comments
