France looks to increase exports to the Kingdom
France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. … Among this year’s investments, concessions and construction company group Vinci, the largest building firm in the world by revenue, plans to invest $92 million in the Kingdom through its subsidiary Cambodia Airports. Trade between France and Cambodia was limited last year, worth only 266.8 million euros ($349.16 million), though it had increased from 202.6 million euros in 2011, according to a report from the French embassy. However, Cambodia’s exports to France accounted for the lion’s share, at 204.8 million euros. Eighty-one per cent of the products France imported from the Kingdom were clothes and shoes. Their value increased by 35 per cent compared with 2011, to 166.4 million euros last year. …
