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Article: Cambodia: Cambodia Draws Interest of Jim Rogers, Private Equity.
- Article from:
- TendersInfo
- Article date:
- May 14, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: prashant03
Private-equity investors are venturing into Cambodia, as the nation that three decades ago abolished money under the Khmer Rouge seeks more than $6 billion to rebuild itself.
Leopard Capital and Cambodia Investment & Development Fund are among those planning to put more than $450 million in the second-poorest of 10 Southeast Asian nations. Cambodia Investment is getting advice from Jim Rogers, who predicted the start of the commodities boom in 1999, and Marc Faber, who forecast Asian assets would decline before the regional financial crisis in 1997.
``It's a country that's changed a lot and investors are finally waking up to ...