British investors eye Cambodia investment October 2, 2008Posted by chandrapong007 in Economics.
Written by May Titthara/ The Phnom Penh Post
The real estate sector was the major focus for a recent British delegation of business leaders
BRITISH investors are eager to get a slice of Cambodia’s booming real estate sector with multiple delegations of businessmen arriving to scout out local partners in anticipation of expanding trade ties.
According to the chairman of the British Business Association of Cambodia (BBAC) Senaka Fernando, the most recent delegation to arrive was eyeing the energy, agro-industry, trade and real estate sectors.
They were particularly interested in Cambodia’s skyrocketing real estate sector, where land values have risen 1.5 times in a year, Fernando told the Post Wednesday.