Second international machinery fair opens this weekend

The second Cambodia International Machinery Industry Fair 2012 (CIMIF 2012) will kick off this weekend from at the Diamond Island Convention Center in an effort to promote the industry development and foreign investment in Cambodia. It will run for four days from tomorrow to August 20. Despite recent strikes in the garment and textile sectors, Ngoun Meng Tech, the Cambodia Chamber of Commerce’s (CCC) director general, said such tensions will have little effect on attendance and participation at the exhibition. ... Van Sou Ieng, chairman of GMAC told the Post recently there have been between 30 to 40 factories out of the 500 GMAC members who were experiencing strikes. He said presently, Cambodia has around 500 factories, of which 100 are sub-contracting and about 60 were new this year. ...

http://www.phnompenhpost.com/index.php/2012081658021/Business/international-machinery-fair-to-draw-investors.html