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Highlands firms invest in Laos, Cambodia

Update: March, 27/2014 - 09:07
Of the 35 projects they have invested in, Laos accounted for 16 with a combined registered capital of $606.7 million, and Cambodia accounted for the rest. — Photo nld.com.vn

HCM CITY (VNS)  — Companies based in the Tay Nguyen (Central Highlands) region have invested US$1.5 billion in Laos and Cambodia in the last two years, according to the Central Highlands Steering Committee.

Of the 35 projects they have invested in, Laos accounted for 16 with a combined registered capital of $606.7 million, and Cambodia accounted for the rest.

They were mainly in the agricultural, forestry, and fishery sectors, which accounted for $1.18 billion of the investment.— VNS


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