Samsung C&T mulls investing in Cambodia


Samsung C&T's headquarters in Seocho-dong, southern Seoul.

PHNOM PENH (The Phnom Penh Post/Asia News Network): South Korea’s Samsung C&T Corp has expressed interest in investing an undisclosed sum in Cambodian transport infrastructure, to enhance the economic growth of the Asean country.

This was revealed on Jan 24, during a virtual meeting between Ministry of Public Works and Transport secretary of state Leng Thunyuthea and a delegation from Samsung Group’s construction and trading unit, led by a representative Han Jung-suk, with the participation of management and relevant professional teams, the ministry said in a statement on Jan 25.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Cambodia , Samsung C&T , invest

   

Next In Aseanplus News

Japan town to block Mount Fuji view from troublesome tourists
Shein falls under tough EU online content rules as user numbers jump
Asean News Headlines at 10pm on Friday (April 26, 2024)
Indian election resumes as heatwave hits voters
In an unsettled world, important for Singapore to double down on ties with its neighbours, says foreign minister
Jokowi and Lee to attend leaders' retreat to discuss Nusantara development, Singapore PM's last major assignment
Thai govt advises high risk group to stay indoor as heatwave continues to rise and soaring heatstroke cases
French Navy makes debut in annual US-Philippine war games amid South China Sea tensions
Vietnam going through deepening political turbulence after two out of top four politicians in country call it quits
Stop whining, engage and help the people instead, says PM

Others Also Read