The United States Relaxes Kampuchea'S Clothing And Textile Industry

< p > because of the steady political situation and preferential investment and tax policies, the investment boom in Kampuchea has gone up in recent years.

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"P > China and < a href=" http://www.91se91.com/news/index_p.asp "> Kampuchea < /a > announced the establishment of a comprehensive partnership in 2006. In 2010, the two countries established a comprehensive strategic partnership of cooperation.

Because Kampuchea's cultural habits are similar to those of China, the economic and trade investment activities between China and Kampuchea are frequent.

Data from Kampuchea Investment Commission showed that Chinese enterprises invested more than 8 billion 200 million US dollars in Kampuchea from 2006 to August 2012, far exceeding Korea's US $3 billion 800 million and US $924 million.

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Less than P, and since 2005, large enterprises such as Korea, Japan and Singapore have poured into Kampuchea to build factories.

The injection of foreign capital has brought Kampuchea into a period of rapid development. After several years of development, Kampuchea's national economy has made great progress, and its investment environment and investment policies have been better improved.

In 2011, Kampuchea approved 164 investment projects with a total investment of US $7 billion 10 million, a sharp increase of 170% over the same period last year, of which foreign direct investment was US $5 billion 80 million, an increase of 72.6% over the same period last year.

From 1 to July 2012, Kampuchea approved 75 investment projects with a total value of US $5 billion 500 million, an increase of 301% over the same period last year.

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< p > according to statistics from the Ministry of planning and investment of Vietnam, Vietnam's investment in Kampuchea has increased rapidly from 56 in 2009 to 112 in the first half of 2012, with a total investment of 2 billion 360 million US dollars.

Kampuchea ranked second in Vietnam's 60 countries and regions.

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< p > in addition, Malaysia, Indonesia, Kuwait and other countries in Kampuchea have < a href= "http://www.91se91.com/news/index_cj.asp" > investment project < /a >.

Some analysts believe that according to the current development trend, Kampuchea's economic construction will reach a new high in 2015.

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Kampuchea, located in the mid south peninsula of Southeast Asia, has many kinds of mineral resources such as oil, gold, iron and bauxite. However, it has not entered the stage of substantial exploitation. It has abundant water and tourism resources, but its effective utilization is insufficient. P

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In order to attract investment and promote development, the Kampuchea government promulgated the investment law in 1994, and passed the investment law amendment act in 2003. The new investment law has played a positive role in protecting foreigners' investment in Kampuchea. P

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< p > according to the investment law, the key areas of investment encouraged by the Kampuchea government include innovation and hi-tech industries, tourism, agriculture, industry and processing, infrastructure and energy. Preferential investment policies include exemption from all or part of duties and taxes.

At the same time, the United States, Europe, Japan and so on have been given the Kampuchea GSP treatment.

For Kampuchea's "a href=" http://www.91se91.com/news/index_f.asp "clothing textile > /a" products, the United States has given more relaxed quotas and reductions and exemptions to import tariffs, and the EU has not set limits, Canada has given exemption from import tariffs.

The introduction of these preferential measures will undoubtedly provide a good investment platform for Chinese enterprises to enter Kampuchea.

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