ROK replaces China as largest foreign investor in Cambodia
Xinhua, Phnom Penh
South Korea replaced China as the largest foreign investor in Cambodia in 2006 with its investment reaching one billion US dollars compared with 717 million US dollars from China, local media said Saturday.South Korea's major project was the World City satellite town on Phnom Penh's Pong Peav Lake, while China had 28 projects, down from 40 in 2005, the Cambodian Daily quoted the Cambodian Investment Board as saying. Following were Russia with 278 million US dollars, Thailand with almost 100 million US dollars and the United States with 62 million US dollars, it said.
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