investments

Within the Last 15 Years, Chinese Investors Control Projects Worth Up to US$6,511 Million – Wednesday, 13.1.2010

The Mirror, Vol. 14, No. 647

“Phnom Penh: Statistics over a course of 15 years show that Chinese investors invested the largest amount among all foreign investors in Cambodia.

“According to figures received from the Council for the Development of Cambodia late last week, China invested from 1994 to September 2009 as much as US$6,511 million in Cambodia.

“The same source added that after the Chinese investment, South Korea stands at the second position with total investments of about US$2,856 million; the third is Malaysia with US$2,199 million; the fourth [?] the European Union more than US$1,135 million; fifth [?] is the USA with US$1,179 million; sixth, Thailand with about US$748 million; seventh, Taiwan with about US$654 million; eighth, Singapore with about US$519 million; ninth, Hong Kong with about US$278 million; and tenth, Japan with about US$148 million.

“Most of the investment projects of the 10 investors focus on tourism and on industry.

“The same source went on to say that tourism received up to 48% of the investments, followed by 23% for the industry, and also 23% for services. However, there is little investment in agriculture, which received only 6%.

“Based on the above figures, within 15 years, it is noticed that in 2008 alone, foreign investment in Cambodia grew up to US$10,891 million, followed by 2006 with US$4,415 million; 2007 had about US$2,673 million, and by September 2009 it was only US$1,610 million.” Rasmei Kampuchea, Vol.18, #5098, 13.1.2010

Newspapers Appearing on the Newsstand:
Wednesday, 13 January 2010

Deum Ampil, Vol.4, #386, 13.1.2010

  • The World Bank Offers to Establish a Foundation to Increase Education Outreach at Schools for Cambodia [for poor children who are vulnerable and are living in remote areas; each of 36,000 students can receive between US$45 to US$60 annually from the World Bank to support their continued schooling]

Kampuchea Thmey, Vol.9, #2149, 13.1.2010

  • Samdech Dekchor Hun Sen: This Government [the current Thai government] Will Not Last Long!
  • Samdech Dekchor Hun Sen Warned the Eight District Governors of Phnom Penh to Look at Gambling Sites [to stop them – otherwise those district governors will have problems]

Khmer Amatak, Vol.11, #716, 13.1.2010

  • [Prime Minister] Hun Sen Criticized Inactive Officials Who Try to Seek Much Money to Put into Their Pockets, but Send any Problems in Their Work to Higher Levels Asking for Help to Solve Them [being incompetent; he warned that such officials, if they reach retiring age, they should be retired, others should be reappointed to positions suiting their capacity]

Khmer Machas Srok, Vol.4, #578, 13.1.2010

  • [Eighteen] Parliamentarians and Senators from the Sam Rainsy Party Asked [Minister of Interior] Sar Kheng to Allow Them to Visit Two Villagers in Detention [over the removal of Cambodian-Vietnamese border markers]

Koh Santepheap, Vol.43, #6856, 13.1.2010

  • A New Survey of the [US] International Republican Institute Shows that 79% [of Cambodian citizens] Said the Government’s Performance Is Right [about the government led by the Cambodian People’s Party]
  • The Head of the Government [Prime Minister Hun Sen] Reacted against a Claim [by a Thai official of Foreign Affairs quoted in the Thai newspaper The Nation] that the Preah Vihear Temple, the Khmer Pagoda [Keo Sekha Kiri Svarak Pagoda], and the Area around the Temple Belong to Siam [Thailand]

Phnom Penh Post [Khmer Edition], Vol.2, #88, 13.1.2010

  • [The Prime Minister] Mr. Hun Sen: [Thai Minister of Foreign Affairs] Kasit Piromya Is a Terrorist [because he was involved in demonstrating at the airports in Thailand]; He Waits for a New Government to Reconnect Diplomatic Ties
  • [Local] Citizens Claimed that Drugs Are Sold like Candy in Sampov Lun District [and asked the local authorities to suppress drug dealers and abusers – Battambang]

Rasmei Kampuchea, Vol.18, #5098, 13.1.2010

  • Siamese [Thai] Black Clad Soldiers [of the special border protection units] Shot a Khmer Man and His Son to Death [when they went to cut trees] and Came to a Prohibited Border Point [buffer zone, but withdrew later on]
  • Within the Last 15 Years, Chinese Investors Control Projects Worth Up to US$6,511 Million
  • A Passenger Car Came off the Road, Killing Three People and Injuring Fourteen [Siem Reap]

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