Cambodia: China FDI hits US$860M in first 11 months of 2020

Construction of the 190km Chinese-invested Phnom Penh-Sihanoukville Expressway is around 39 per cent complete. - The Phnom Penh Post/Asian News Network

PHNOM PENH, Jan 5 (The Phnom Penh Post/ANN):Chinese direct investment in Cambodia reached $860 million in the first 11 months of last year, up 70 per cent from the same period in 2019, the Chinese embassy in Phnom Penh has announced.

The embassy said major Chinese investment projects in the Kingdom have stayed their courses, sidestepping the brunt of Covid-19.