FDI surges 25% YoY in 2016
/ January 23, 2017
According to a report released on Friday by the National Bank of Cambodia (NBC), foreign direct investment (FDI) into Cambodia in 2016 surged 25% YoY to $2.15bn, of which some $539mn (+5% YoY) went to the banking sector, $390mn (-13.7% YoY) to manufacturing sector, $370 to real estate, and $232mn to agriculture. FDI worth $228mn flowed into food and accommodation, $19mn into mining operations, $15mn into information and communication technology, $15mn into electrical sector, and $278mn into other sectors. China was the largest foreign investor at $511mn, followed by Hong Kong at $237mn, Vietnam at $192mn, Japan at $185mn, and Singapore at $169mn. (Source: Khmer Times)