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Thai-Camboida border issues no obstacle to investment

Publication Date : 25-07-2012

 

Thai businessmen say the Cambodia-Thai border conflict is no longer an obstacle to investment in Cambodia.

"The Cambodia-Thai border dispute was an affair between countries that the two border commissions have to solve," said Phairush Burapachisri, vice president of the Thai Chamber of Commerce.

"We don’t care about border issues but about trade," he told visiting journalists from Rasmei Kampuchea, Koh Santepheap, Kampuchea Thmey, TVK Bayon TV and CTN.

Thawachai Youngkittikul, secretary-general of the Thai Bankers Association, said: "I thought the Cambodia-Thai border issue wasn't an important story."

He said the partnership between Thailand and Cambodia would improve when new generations have more knowledge of the history of the two countries.

The Thai Chamber of Commerce said that Thai investors had invested in the construction, tourism, agriculture, furniture and fishery sectors in Cambodia.

It said documentation was an obstacle to investment while the Thai Chamber of Commerce  expressed concern about corruption.

The Thai Ministry of Foreign Affairs said Thailand was the sixth biggest investor in Cambodia after Malaysia, China, Taiwan, Vietnam and South Korea. He said the government wanted Thai investors to be top or second in Cambodia.

 

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