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Trade, Investment, and National News

Cambodia’s rice production increased to six million tons in 2006, five percent higher than 2005.


Cambodia Hotbed of Biodiversity

Foreign ecology experts have described Cambodia as a nation rich in biodiversity due to its wealth of unique flora and fauna and pristine ecological site.

Cambodia is a biodiversity superpower as plant and animal species on only a single mountain in Cambodia often outnumber all the species found in England.

 


Rubber Plantations to bouble

The Cambodian Ministry of Agriculture plans to double rubber plantations. The country’s rubber plantations will reach 150,000 hectares by 2015, 50,000 hectares of which will be industrial and the remaining 50,000 to 100,000 hectares cultivated on a family-scale.

Rubber, an important player in the agro-industrial sector. Cambodia ranks 16th out of the world’s 23 natural rubber producing countries.

In 2006 Cambodia earned more than US$38 million by exporting 20,688 tons of dry rubber.

 


France To Study Business Environment

A French delegation representing 15 large companies arrived in Cambodia to study the Cambodian economy, business opportunities and investment climate. The visit is important for Cambodia because the delegation will report to other companies in France the real condition of the Cambodian market and investment.

The 15 French companies are identified as Group Accor, Citelum, Coface, S.A, Cie Fives Lille, Eads International, Fressinet, Ge-malto Pte Ltd, Lafarge Cement, Orange Groupe France Telecom, SCP Salans et Asso-Cies, Societe Generale, Solaris International, Systra, Total Exploration et Production, Vinci Construction Grands Projets.

During the visit, Mr. Frederic Sanchee, head of France’s investment delegation was received by Cambodian Prime Minister Samdech Hun Sen, who has assured the guest of the political stability in Cambodia, which is a basic factor for investment environment.



Sihanoukville to Develop Ties With Estonian City

Sihanoukville has signed an agreement with the Estonian city of Maardu seeking mutual investment and cooperation opportunities. This agreement will help improve the investment and development cooperation between the two cities.


Tourist Arrivals Went Up 20 Percent In 2006

Kulen Waterfall

Cambodia’s tourist arrivals went up 20 percent in 2006 from 2005. In 2005, 1.4 million tourists visited Cambodia. During 2006, over 1.7 million tourists visited Cambodia, pumping 1.4 billion U.S. dollars into the country's economy, equivalent to 12 percent of the Kingdom's GDP. This has been a good year because there were no obstacles to tourism such as SARS or bird flu.

The main Cambodian attraction has remained Angkor archaeological complex in Siem Reap province, with Phnom Penh and Sihanoukville as well as Ratanakkiri and Stung Treng provinces getting some visitors.

   

 

 
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