Singapore Invests US$956 Million in Cambodia in Last 20 Years

From 1994-2016, Singapore has invested a total of about US$956 million in Cambodia, according to a press release of the Council for the Development of Cambodia (CDC).

The press release was made public after the meeting between H.E. Sok Chenda Sophea, Minister Attached to the Prime Minister and CDC Secretary General and a visiting 40-member delegation of the Singapore Chinese Chamber of Commerce and Industry (SCCCI) led by Mr. Roland Ng, President of SCCCI and Group CEO of Tat Hong Holdings Ltd.

During that period, Singapore’s investment was found in 140 projects, and in 2016 alone there were seven projects focusing on IT, pure water, garment, rubber latex with a total investment capital of US$104 million.

Currently, Singapore was ranked among the top ten foreign investors in Cambodia.

Source: Agency Kampuchea Press