Cambodia officially opened its long-delayed stock exchange Monday, although no companies are yet listed for trading.

Finance Minister Keat Chhon said at the opening of the Cambodia Securities Exchange that trading is expected to begin by the end of the year. He said the government has instructed three state-owned companies to work on listing their stocks for trading.

The Cambodian government holds a 55-percent stake in the new exchange, while Korea Exchange, which is providing technical expertise, has a 45-percent share.