Two-hundred and sixty-eight investment projects were approved by CDC last year that have the potential to create more than 3 lakh jobs, it said in a release.
China, Singapore and Malaysia were the top three foreign investors, with investment from China accounting for 66 per cent of the total investment.
The country’s commerce ministry attributes the rise in foreign direct investment inflows to the Regional Comprehensive Economic Partnership, the Cambodia-China Free Trade Agreement, Cambodia’s new law on investment and the Belt and Road Initiative, a global newswire reported.
ALCHEMPro News Desk (DS)
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