Investments in Kingdom rise by 7 percent in Q1

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...

Sok Sithika

$952 million construction projects approved in five months

The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has approved 1,679 construction projects nationwide on 2.2 million square metres at about $952 million in the first five months of this year. ...

Kang Sothear

Pursat Ford assembly plant opens

The Kingdom’s first Ford assembly plant was inaugurated on June 16 in Pursat province amid rising demand for brand-new vehicles among Cambodians. The facility is seen as a game changer for the domestic automobile industry, which could bring a wave of investors seeking to cash ...

May Kunmakara

Jan-May footwear exports run past $700M

Cambodian exports of footwear and related items topped $700 million in the first five months of 2022, representing gains of more than a third from the same period last year, in an upswing expected to continue as international tourism flows return to pre-Covid-19 levels.   ...

Hin Pisei

Projects worth nearly $24 million approved by CDC

The Council for the Development of Cambodia (CDC) has just approved four new investment projects with a total investment of nearly $24 million that will create more jobs in the country. ...

Khmer Times Staff

Phnom Penh attracts 1,000 construction projects worth over $2.26 billion

Phnom Penh has so far attracted around 1,000 new investment projects covering a construction area of 4.63 million square metres, with an investment capital of over U$2.26 billion. ...

Khmer Times Staff

More new industries register as economic activities pick up in Cambodia

A number of new industrial factories registered in the first period of 2022 increased remarkably, reflecting the confidence of investors in Cambodia after the country allowed the resumption of its socio-economic activities, said a senior official. ...

Chea Vanyuth

Jan-May CDC approvals $2.66B

The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs.   ...

Hin Pisei

Investors go on trust law education drive

Prominent Cambodian-based investors are joining forces to shed light on the Law on Trust and advertise the Kingdom’s investment environment, to make up for missed opportunities due to the Covid-19 pandemic as the local outbreak remains under control. ...

Rann Reuy

Chinese firm set to invest $300M into S’ville SEZ’s largest tyre plant

Chinese company “Jiangsu General Science Technology Co Ltd” has invested nearly $300 million to build the largest tyre factory in the Sihanoukville Special Economic Zone (SSEZ), according to Beijing’s embassy in Phnom Penh. ...

Hom Phanet

PM: Cambodia encourages openness and strengthening of economic integration

Prime Minister Hun Sen has stated that with the subsequent easing of administrative and health measures, Cambodia encourages openness and strengthening of economic integration by promoting investment, trade, by fully implementing free trade agreements. ...

Khmer Times Staff

CDC approves two investment projects worth over $6 million

Council for the Development of Cambodia (CDC) has approved two new investment projects with a total capital of $6.1 million in Takeo and Kampong Speu. ...

Khmer Times Staff

Eco-tourism plan for 308ha on Cardamoms

An unnamed private company is seeking to lease 308ha of land in the Cardamom Mountain Biodiversity Conservation Corridor for eco-tourism development, in the southeastern corner of Koh Kong province, according to provincial deputy governor Ouk Pheaktra.   ...

Nov Sivutha

Cambodia, KOICA discuss request survey of new projects for 2024

The Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB / CDC) and Korea International Cooperation Agency (KOICA) held a roundtable dialogue here on May 16 to review request survey of new projects for 2024 in Cambodia. ...

Khmer Times Staff

Major biomass power plant on track to go online by July

A major rice husk biomass power plant in southeastern Phnom Penh’s Chbar Ampov district is still on track to be completed and start operations by July, a press release confirmed on May 5.   ...

May Kunmakara

PM meets with US business giants

Prime Minister Hun Sen has met with a number of major US companies who have expressed interest in investing in Cambodia, in a meeting convened by the US-ASEAN Business Council (US-ABC).   ...

May Kunmakara

Construction begins on $1.5B Kampot seaport

The International Multi-Purpose Logistics and Port Centre, principally invested by Kampot Logistics and Port Co Ltd and projected to cost $1.5 billion, has officially broken ground in Bokor town, Kampot province.   ...

Nov Sivutha

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