Entrepreneurs visits Cambodia for business opportunities
Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association’s executive vice president, met with Tep Ngorn, the 2nd vice president of the Cambodian Senate on Monday. … He [Xia Lingsheng] said the delegation was eyeing business opportunities in energy, mineral resources, agriculture, tourism, culture and real estate development. … China is the top investor in Cambodia. According to the figures of the Council for Development of Cambodia, from 1994 to 2012, total Chinese investment in Cambodia has reached 9.17 billion U.S. dollars. On the trade side, China is also one of the leading trading partners of Cambodia. Last year, the bilateral trade volume accounted for 2.9 billion U.S. dollars and it is expected to reach 5 billion U.S. dollars by 2017. …
