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Cambodia: First-ever FDI survey identifies $20B in capital inflow
Cambodia: First-ever FDI survey identifies $20B in capital inflow
Fri, 29 July 2016 – Foreign direct investment (FDI) to Cambodia over a 20-year period ? from 1994 to 2014 ? is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday.
The National Bank of Cambodia (NBC) and National Institute of Statistics (NIS) jointly conducted the survey in an effort to provide a definitive data set on FDI that reflects the actual investment situation in the country.
Chea Serey, director-general of NBC, said without this data, policymakers and researchers rely largely on figures given by investors of committed investment when they seek approvals for their projects at the Council for the Development of Cambodia (CDC) ? and most of these figures do not reflect the actual amount they end up investing. While previous figures showed Cambodia was receiving a large inflow of FDI, there was suspicion as to whether the numbers reflected real investment. Read More?