Indian Firms Look To Cambodia Industries
A delegation of 15 Indian firms is in Cambodia this week looking to increase the country’s involvement in Cambodia’s economy, particularly in the agriculture and mining sectors. At present, Cambodia does modest trade with India, the second largest country in the world by population. But the Indian firms visiting Cambodia–after also visiting Laos and Burma-are making a bid to change that. “Today, India’s trade with Asean is $80 billion a [year] and we do $100 million with Cambodia,” Indian Ambassador to Cambodia Dinesh Pattnaik told a seminar in Phnom Penh yesterday. ... D&D Pattnaik Group Ltd., of which Mr. Pattnaik is CEO, is already exploring for gold in Kratie province and bauxite in Mondulkiri province, Mr. Pattnaik said. ...
