CAMBODIA - seeks $3bn investments in power plants

Bangkokpost, 24 November 2007

Cambodia's economy, which relies on garment exports and tourism, may grow 9.7% this year, Prime Minister Hun Sen said on Nov 7. Companies such as Club Me'diterrane'e SA and Starwood Hotels and Resorts Worldwide Inc are planning to build hotels to tap the country's rising tourist arrivals.
Poor Infrastructure "Cambodia has very low labour costs that can even compete with China," said Van Sou Leng, chairman of the Cambodian Garment Manufacturers Association, a trade group. "Investors are cautious to invest here because of poor infrastructure such as electricity, roads and ports."

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