Hanoi (VNA) - Laos and Cambodia are emerging as the next window of opportunity for Korean investors, Lao News Agency (KPL) reported, citing figures by the Korea International Trade Association.
Korean investments to Laos posted a 16-fold jump in 2006 from the year before and chalked up 81 million USD in 2007.
Meanwhile, Korea's corporate investment in Cambodia saw a steep on-year growth of 1.3 billion USD last year, making the Southeast Asian country the second-biggest destination after China in terms of Korea's overseas investment.
Analysts say such expansion in investment has helped Korean exports to the two countries post significant growth, especially for auto parts, textiles and steel.