DAP: The breaking news in Cambodia: “Cambodia attracts 1.76 mln int'l visitors in first 6 months, up 27%” plus 1 more |
| Cambodia attracts 1.76 mln int'l visitors in first 6 months, up 27% Posted: 05 Aug 2012 11:37 PM PDT PHNOM PENH, Aug. 6 (Xinhua) -- Cambodia had received 1.76 million foreign tourists in the first six months of this year, a 27 percent rise compared with the same period last year, showed a report released by the Ministry of Tourism on Monday. Some 1.06 million foreign tourists, or 60 percent of the tourists, had visited the world heritage site, Angkor archeological park, in Siem Reap province located about 315 kilometers northwest of Phnom Penh, the capital of Cambodia. During the January-June period this year, Vietnam topped the chart among the top ten arrivals to Cambodia with 378,130 tourists, up 30 percent, followed by South Korea with 227,200, up 32 percent, and Chinese visitors at third with 151,890, up 33 percent. Thai visitors to Cambodia had increased by 91 percent to 91,860, making Thailand the fifth largest arrival groups to Cambodia. The sharp rise in Thai tourists here is thanks to the improving relations between the two neighbors after the military tension over border disputed areas has eased since last July. The report said about 48 percent of the visitors arrived in Cambodia by air, 49 percent by land and the rest by water ways. Tourism industry is one of the major four pillars supporting the economy of this Southeast Asian nation. Last year, the sector received 2.88 million foreign tourists, generating the total revenue of 1.91 billion U.S. dollars. |
| Investment from China vital to boost Cambodia's economic development Posted: 05 Aug 2012 08:39 PM PDT PHNOM PENH, Aug. 6 (Xinhua) -- Investments from China and other foreign countries are very important to spur Cambodia's economic development, Heng Samrin, President of Cambodia's National Assembly, said Monday. His remarks were made during a meeting with Cheng Zhaohong, general manager of Shandong Shantui Construction Machinery Import- Export Company, on the occasion that the firm opened a branch in Cambodia. Heng Samrin said that the presence of Shantui Company in Cambodia reflected Chinese investors'trust on Cambodia's political stability and favorable business environment. "The firm's presence will help further enhance trade and investment ties between Cambodia and China," he said, pledging to provide support to the company to operate here successfully. Cheng Zhaohong said that Shantui Company is one of the largest manufacturers of construction machinery and the largest producer of bulldozers. He said the firm's decision to expand to Cambodia because it saw that the country has much room to grow in construction and agriculture. Bilateral trade volume between Cambodia and China was 2.5 billion U.S. dollars in 2011. The two countries have vowed to double the volume within the next 5 years. On the investment side, China is the largest investor here. According to a report of the Council for the Development of Cambodia, from 1994 to 2011, the country had received investments worth 8.91 billion U.S. dollars from China. |
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