This would have dire economic results. As Thais, Singaporeans, and Malaysians are evacuated from Phnom Penh, international donor aid and large foreign investments are likely to be greatly reduced, if not totally cut off. Says Dr Heder: "If it's not safe for the Thais, it's not safe for their investments. It's the same for the Malaysians and the Singaporeans." Hun Sen officials point out that Singapore firm, DBS Land Ltd, which is refurbishing two hotels in the country, does not plan to pull out its $50 million investment. "If peace prevails under Hun Sen, we will continue investing," says a DBS official. Dr Heder disagrees: "Some small investments will return, which will make Cambodia a 'narco' state, as these won't be credible or serious investments". Cambodia has been listed by the US as a source and transit route for narcotics.