Cambodian Prime Minister Hun Sen said Tuesday that the country wanted more Chineseinvestors to help boost local economy and deepen Sino-Cambodian ties.
The premier made the remarks during a meeting with Yin Yicui, chairwoman of theStanding Committee of Shanghai Municipal People' s Congress, at the Peace Palace inPhnom Penh.
He asked Yin to encourage more investors from Shanghai to do businesses in Cambodia,particularly in tourism and agriculture.
Yin congratulated Hun Sen on being re-elected as the Prime Minister of Cambodia.
Yin said her visit to Cambodia was aimed to renew a five-year cooperation plan betweenShanghai and Phnom Penh.
She talked with Governor of Phnom Penh Municipality Pa Socheatvong on this plan.
Phnom Penh and Shanghai became sister cities in October 2008.
Hun Sen said he fully supported the cooperation between the two cities.
China is one of the top providers of development assistance to Cambodia.
Loans and grantsfrom China since 1992
have amounted to 2.85
billion U.
S.
dollars,
according to Cambodia'
sFinance Ministry.
The country is also the largest investor in Cambodia. According to the figures of the Councilfor Development of Cambodia, from 1994 to 2012, total Chinese investment in Cambodiareached 9.17 billion U.S. dollars.
The two-way trade stood at 2.9 billion U. S. dollars last year and is expected to reach 5billion U.S. dollars by 2017.
（Editor：WangXin、Zhang Qian）
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