In the First Six Months of 2009, Most Investment Was in Tourism – Tuesday, 11.8.2009

Posted on 11 August 2009. Filed under: Week 625 |

The Mirror, Vol. 13, No. 625

“Phnom Penh: According to figures form the Council for the Development of Cambodia announced recently, in the first six months of 2009, tourism was the sector that absorbed the most investment of more than US$300 million.

“The announcement said that among the investment projects that the Council for the Development of Cambodia agreed upon with private companies of approx. US$1,222 million, investment projects in tourism constitute approx. US$354 million.

“Based on the same figure, the projects that follow are investments in agriculture with approx. US$323 million, in industry approx. US$303 million, and in services such as investments in telecommunication and water supply worth approx. US$241 million.

“The same source continued to say that within the first six months of 2009, there were 53 investment projects, where 7 projects were in tourism, 12 projects in the agro-industry, 14 projects in the garment industry, 3 projects in the energy sector, 5 projects in the sector of mining, 2 projects in shoes producing, 8 other industrial projects, 1 project in telecommunication, and 1 project in water supply.

“Within the first six months of 2009, there were four more projects than in the same period in 2008, but looking at the total amount of money to be invested, there was a decline by US$3,205 million.

“The same source added that in the first six months of 2008, Cambodia received 49 projects with a total worth of US$4.427 million.”Rasmei Kampuchea, Vol.17, #4949, 11.8.2009

Newspapers Appearing on the Newsstand:
Tuesday, 11 August 2009

Deum Ampil, Vol.3, #259, 11.8.2009

  • The Ministry of Foreign Affairs Plans to Issue a Diplomatic Note about an Airspace Invasion by Siamese [Thai] Aircraft
  • Japan Will Provide a Loan of US$72 Million for [the development of] Preah Sihanouk Port

Kampuchea Thmey, Vol.8, #2019, 11.8.2009

  • Samdech Euv [the former King]: To Become 100 Years Old Is Enough for Him
  • The Chi Kraeng Forestry Chief [Mr. Ing Vutheara] Released Two Trucks Loaded with Kronhoung Wood [a type of luxury wood] in Exchange for US$1,000 [Siem Reap]
  • A Siamese [Thai] Man Looking Down on the Khmer Cultural Heritage Was Arrested [he drew a picture of the Angkor Wat Temple onto the threshold on the way to his toilet, being stepped upon – Poipet]
  • More Weapons Are Supplied to the Troops Positioned at the [Khmer-Thai] Border
  • Citizens Are Waiting to See what the Authorities Will Do against the Merchant Who Imported Nearly Seven Tonnes of [no-quality] Chicken Meat

Koh Santepheap, Vol.42, #6725, 11.8.2009

  • Director General of the National Police Announced Special that the Phone Numbers 117 and 118 Accept Calls [from citizens] 24 Hours Every Day
  • An Old American Man Was Arrested for Child Debauchery; American Newspapers Also Hunt for This Man [Phnom Penh]

Rasmei Kampuchea, Vol.17, #4949, 11.8.2009

  • The President of the National Assembly of Cambodia [Mr. Heng Samrin] Asks ASEAN to Help Solve the Preah Vihear Border Dispute
  • The Son of a Sam Rainsy Party Parliamentarian [of Mr. Yun Tharo] Was Shot Dead during a Traffic Accident Quarrel; Three Others Were Injured [the perpetrator escaped – Phnom Penh]
  • Five Vietnamese People and a Khmer National Who Had Committed Fishery Crimes Were Sentenced to Serve Three Years in Prison and Each Was Ordered to Pay a Fine of Riel 15 Million [approx. US$3,700 each – Kompong Chhnang]
  • Samdech Dekchor [Hun Sen] Encourages to Expand the Cooperation with the Vietnamese Communist Party [after a meeting between Prime Minister Hun Sen and Mr. Hoàng Bình Quân [Hoang Binh Quan], a member of the Central Committee of the Vietnamese Communist Party, on 19 Agust 2009 at the National Assembly, both sides agreed to promote friendship, especially by exchanging experience and by frequent visits, and by developing human resources among both parties – the Cambodia People’s Party and the Vietnamese Communist Party]
  • In the First Six Months of 2009, Most Investment Was in Tourism

Sereypheap Thmey, Vol.17, #1769, 11.8.2009

  • Opposition Party Parliamentarian [Mr. Yun Tharo] Demands for the Seeking of Justice for His Dead Son [killed in a traffic accident quarrel by a gunman]

Have a look at the last editorial – you can access it directly from the main page of the Mirror.

And please recommend us also to your colleagues and friends.

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