Aid and development

Bilateral development assistance

Cambodia to earn $50 mln a year from cassava exports to China

Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. Cambodia’s agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjdjMmVlNGJmZDQ

S. Korea’s financial body inks deal to assist Cambodia in banking supervision

South Korea’s Financial Services Commission (FSC) and the National Bank of Cambodia (NBC) on Friday signed a Memorandum of Understanding (MoU) on the provision of technical support for Cambodia’s banking and financial supervision, according to a press release after the signing ceremony. “The MoU will ...

http://www.nzweek.com/business/s-koreas-financial-body-inks-deal-to-assist-cambodia-in-banking-supervision-48413/

European FDI declines, China’s up

European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...

http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html

Two million tourists from China by 2020: official

Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...

http://www.phnompenhpost.com/2013012360934/Business/two-million-tourists-from-china-by-2020-official.html

Cambodia seeks $57m Indian loan

Cambodian Prime Minister Hun Sen asked for $57m concessional loan from India for two development projects and urged India to consider direct flights to Cambodia. He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated ...

http://thepeninsulaqatar.com/india/218944-cambodia-seeks-57m-indian-loan-.html

Cambodia inaugurates food industry lab under Chinese aid

Cambodia on Friday inaugurated a food industry laboratory with Chinese aid, aiming at assisting food quality improvement, research and technology development, officials said. The China-Cambodia Food Industry Laboratory is situated in the complex of the Industrial Laboratory Center of Cambodia in Phnom Penh’s Russey Keo district. ...

http://news.xinhuanet.com/english/china/2012-12/08/c_132027343.htm

Cambodia-China ties in trade, investment, tourism look better: commerce minister

The ties between Cambodia and China in trade, investment and tourism have steadily grown from year to year thanks to good relations between the two countries, Cambodian Minister of Commerce Cham Prasidh said Tuesday. “China is one of our key trading partners. The two-way trade volume ...

http://www.globaltimes.cn/content/748178.shtml

PM Hun Sen lavishes praise on China

In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...

http://www.phnompenhpost.com/index.php/2012112359905/National-news/pm-hun-sen-lavishes-praise-on-china.html

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