Oct. 5, 2010 (China Knowledge) - Xi'an, the capital of China's Shaanxi Province, will encourage more local businessmen to invest in the electronics and technology sectors in Southeast Asia's Cambodia, sources reported, citing Hao Mangxi, head of Xi'an Bureau of Trade and Commerce, as saying.
Hao, who is leading a delegation of seven large companies from Xi'an to visit Cambodia, and the Director General of Cambodia Chamber of Commerce, Nguon Meng Tech, have signed memorandum of understanding to further enhance the economic and trade cooperation between Xi'an and Cambodia.
"We are interested in the technology and electronic sectors in Cambodia", said Hao, adding that the bureau will encourage more businessmen in Xi'an to invest in the country.
Nguon Meng Tech said Cambodia's agricultural sector is very potential for foreign investment, and Cambodia has a lot of young-educated labors with cheaper labor cost, adding that Cambodia needs investors with expertise in technologies to develop agricultural products for exports.
Trade between Xi'an and Cambodia was around US$100,000 per year, which is still low compared with other regions of China.
Related Posts by Justusboy
Khmer News
- Cambodians hold buffalo race to honour the dead
- Open Letter to Prince Sihanouk by Sisowath Sirik Matak dated August 27, 1973 (Repost)
- Onus on Japan to lead world into next stage of capitalism
- School Year Begins, With Struggling Teachers Absent
- From Dictatorship to Democracy - Chapter Five: Exercising Power
- Dictators are Wimps Series
- Regional 'Liberal Democrats' Meet in Phnom Penh
- Samnok Meada - "Mother's Lament": A Poem in Khmer by Ung Phiny (Repost)
- IPU Examines Abuses of Legislators’ Rights in 35 Countries [including Cambodia]
- Anti-Corruption Unit Considers 90 Tax Complaints
- The Origins of the Khmer Republic…look back, how Sihanouk screwed up Cambodia
- Cambodian efforts to promote silk weavers
- Sacrava's Political Cartoon: The Undiplomatic Hyena
- Khmer Intelligence News - 7 October 2010 KHMER INTELLIGENCE NEWS
- Happy Pchum Ben Festival
- Sierra Leone and Cambodia establish diplomatic relations
- Opinion on the nomination of Jr. as the deputy-commander of Papa’s bodyguard unit
- Wait, wait, is there room for one more?
- Khmer Super Star Ampor Tevi
- From Dictatorship to Democracy - Chapter Four: Dictatorships Have Weaknesses
- Opposition Preparing Atrocity Crimes Case Against CPP
- Government Unveils Five-Year Anti-Corruption Plan [-All talk no action?]
- Supreme Court Upholds Acid Attack Verdict
- Me, Hun Xen, Yoohoo! You, Who?
- The Bamboo Wall or the K5 Plan in Cambodia in the 1980s
0 Response to "Xi'an encourages more investment in Cambodia"
Post a Comment