A Change of Guard

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Thursday, 12 April 2012

South Korean investment reaches $3.9 bln

Published: 12-Apr-12

PHNOM PENH(Cambodia Herald) - South Korean investment in Cambodia over the past 15 years has reached $3.9 billion, Ambassador Kim Han Soo (pictured) said.

Kim said Cambodia had received investments from 110 companies from South Korea, the biggest source of foreign investment after China.

"Korean investments include textiles, construction, real estate, finance, agriculture, airlines and industry," he said, adding that Cambodia was among Korea's top five investment destinations.

As more Korean companies are interested in investing in Cambodia, Kim stressed the need for highly educated workers and technology.

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