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Article: Cambodia : Construction of Cambodian bourse to begin in Dec.
- Article from:
- TendersInfo
- Article date:
- November 2, 2009
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Byline: shiv03
Cambodia expects to begin construction in December on its first stock exchange, a government official said, giving momentum to a long-delayed joint venture with South Korean investors.
We expect to have the ground-breaking ceremony in December,' Mey Vann, director of the financial industry department at Cambodia's Ministry of Economy and Finance, told Reuters.
The idea of a Cambodian stockmarket has been floated since the 1990s but has struggled for traction in a country known for chronic poverty and a history of upheaval, including the Khmer Rouge 'Killing Fields'.
Cambodian authorities have partnered with private South ...