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Hundreds of French companies could be making their way to Cambodia seeking investments in the garment, textile, tourism and agriculture sectors, according to French NGO Fondation Prospective Innovation (FPI).
Jean-Pierre Raffarin, France’s former prime minister who is now a senator and president of FPI, said on Thursday he acknowledged Cambodia’s rapid economic growth rate in Southeast Asia and added that the country had “a substantial labour force, abundant natural resources and a favourable location for ensuring long-term investment”. “Through FPI, France will gather over 300 French companies and private enterprises to study the feasibility of investing in Cambodia in the near future,” he told the French Senate.
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