EU gives $3.9 million to attract investment

17 September 2014
The Phnom Penh Post
Economic policy and administration / Economy and commerce / Foreign investors / Investment / Small and medium enterprises SME
Emmanuel Menanteau / Eurocham / European Union aid / Jean-Francois Cautain

The European Union will spend €3 million ($3.9 million) on a program to encourage small and medium enterprises to invest in Cambodia.

Speaking at a conference yesterday in Phnom Penh, EU Ambassador to Cambodia Jean-Francois Cautain said the five-year grant – to be managed by EuroCham – would be used to market Cambodia as an investment destination for European businesses and to strengthen advocacy to create a favourable business environment in the Kingdom. …

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