Cambodia shows narrow but strong FDI growth
Foreign direct investment flows continued to see strong growth across the 10-member ASEAN bloc in 2014, with most countries in the Lower Mekong region reporting higher levels of inflows given their rising infrastructure needs and manufacturing activities, according to a new report jointly produced by ASEAN Secretariat and UNCTAD.
The ASEAN Investment Report 2015 found that while FDI flows to ASEAN were up 16 per cent to $136 billion in 2014, Cambodia, Laos, Myanmar and Vietnam (CLMV) – grouped together because of their lower, relative economic development to other ASEAN members – saw a 3 per cent dip in foreign direct investment (FDI). The report attributed this decline to a sharp drop in Myanmar’s investment inflows.
