Another new investment project approved by CDC

According to the CDC’s press release made public yesterday, the newly approved investment project is located along the National Road No. 5 in Samaky Meanchey district, Kampong Chhnang province. The project, belonging to Changhui (Cambodia) Handbag MFR, Co., Ltd., is expected to create a total ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50803937/another-new-investment-project-approved-by-cdc/

Firms yearn for investment law in 2021

Optimism prevails in the private sector that the Investment Law widely anticipated to launch later in the year will spell new momentum in the Kingdom’s industrial diversification in parallel with the region and beyond. The current edition of the law comprises 11 chapter and 39 ...

May Kunmakara
https://www.phnompenhpost.com/business/firms-yearn-investment-law-2021

Marvel Garment Co expanding in PPSEZ

Phnom Penh Special Economic Zone Plc (PPSP) and Marvel Garment Co Ltd signed a lease agreement over the weekend for additional land. The signing was made by PPSP Chairman Tan Kak Khun and Marvel Garment’s General Manager, Yan Delin. ...

Sok Chan
https://www.khmertimeskh.com/50799994/marvel-garment-co-expanding-in-pp-sez/

Three more investment projects valued at more than $15 million approved by CDC

The Council for the Development of Cambodia (CDC) has issued investment certificates to three companies to invest in the production of all kinds of cardboard boxes, light bulbs and their accessories, all kinds of packaging materials, and metal processing. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50798738/three-more-investment-projects-valued-at-more-than-15-million-approved-by-cdc/

Expressway announced linking city centre to new Phnom Penh International Airport

Local conglomerate Overseas Cambodia Investment Corp (OCIC), the company behind the new Phnom Penh International Airport, has told Construction & Property Magazine that it will build an expressway (flyover) that will connect the city centre to the new airport. ...

Sok Chan
https://www.khmertimeskh.com/50798316/expressway-announced-linking-city-centre-to-new-phnom-penh-international-airport/

Senate president calls for Korean investment

Cambodian Senate president Say Chhum called for increased South Korean investment and tourism in the Kingdom as bilateral ties between the two countries have gradually strengthened. ...

May Kunmakara
https://www.phnompenhpost.com/business/senate-president-calls-korean-investment

Two firms get priority rights to mines

The Ministry of Mines and Energy has given the nod to two companies to continue their exploration licence approval processes for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. The areas are 107.10sq km in the Memot area in Tbong ...

Hin Pisei
https://www.phnompenhpost.com/business/two-firms-get-priority-rights-mines

CDC okays new $13M projects

The government approved three projects worth a total of $13.5 million last week, bringing the total number of projects in the first three weeks of this month to nine with total investment value of $1.1354 billion, the Council for the Development of Cambodia (CDC) said ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-new-13m-projects

CDC gives nod to 13th beverage plant

The Council for the Development of Cambodia (CDC) on December 4 announced that it had issued a final registration certificate for Inter-Mattrid Beverage (Cambodia) Co Ltd’s $78 million brewery/beverage plant. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-gives-nod-13th-beverage-plant

CDC okays five projects worth $121M

The Council for the Development of Cambodia (CDC) on December 4 said it had issued final registration certificates to five investment projects worth more than $121 million and which are expected to generate 1,334 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-five-projects-worth-121m

Increase in Russian investment sought by commerce ministry

Cambodia has called for an increase in investment from Russia, particularly in the light and medium machinery sector, according to a senior official at the Ministry of Commerce. ...

Sok Chan
https://www.khmertimeskh.com/50788919/increase-in-russian-investment-sought-by-commerce-ministry/

Kampong Speu steelworks to begin operations

Chinese-owned Hong De Sheng (Cambodia) Steel Co Ltd has announced that its $16.7 million steelworks in Kampong Speu province’s northeastern Oudong district will start operations this month. ...

Thou Vireak
https://www.phnompenhpost.com/business/kampong-speu-steelworks-begin-operations

P2P lending marketplace launches

Peer-to-peer (P2P) lending marketplace Rai Capital (Cambodia) Co Ltd on November 26 announced its official launch in the Kingdom. It said it is designed for micro-entrepreneurs and individuals to promote financial inclusion in the Kingdom and enable flexible local financing solutions for local businesses and ...

Thou Vireak
https://www.phnompenhpost.com/business/p2p-lending-marketplace-launches

WorldBridge’s SME cluster zone breaks ground in Takhmao town

WorldBridge Industrial Developments Co Ltd on November 27 broke ground on its long-awaited WorldBridge i4.0 SME Cluster zone in Kandal province. ...

Hin Pisei
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-breaks-ground-takhmao-town

Hyatt hotel in capital set for January 2021 launch

The $180 million The Hyatt Regency Phnom Penh hotel is set to launch in January, marking the brand’s first venture into the Kingdom’s capital. Local conglomerate Chip Mong Group signed a management agreement with Chicago, US-based Hyatt Hotels Corp in September 2016 for the hotel, ...

Thou Vireak
https://www.phnompenhpost.com/business/hyatt-hotel-capital-set-january-2021-launch

Royal Group planning 100sq km SEZ in Botum Sakor National Park

The Royal Group of Companies Ltd, a leading local conglomerate, will invest in the construction of a 100sq km special economic zone (SEZ) in Koh Kong province’s Botum Sakor National Park. This is an apparent bid to capitalise on the ongoing inflow of investment to ...

May Kunmakara
https://www.phnompenhpost.com/business/royal-group-planning-100sq-km-sez-botum-sakor-national-park

New $9M brickworks in Kampot

Kampot province has becomes the home of a new $9 million brickworks that was officially inaugurated on November 22. Equipped with state-of-the-art technology and an automated production line, the factory will be able to turn out 800,000 bricks per day in its initial phase, Kampot ...

Hin Pisei
https://www.phnompenhpost.com/business/new-9m-brickworks-kampot

Agreement to boost green-belt tourism signed

The Ministry of Tourism and Japanese company Yamato Green Co Ltd signed a memorandum​ of understanding (MoU) last week intended to develop a green-belt value chain serving the domestic tourism sector. ...

Sok Chan
https://www.khmertimeskh.com/50783047/agreement-to-boost-green-belt-tourism-signed/

Green SEZ set for Svay Rieng town

Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd on Thursday signed a strategic partnership with Environmental Protection Industry Associations of Cambodia (Epiac). ...

May Kunmakara
https://www.phnompenhpost.com/business/green-sez-set-svay-rieng-town

Cambodia Chamber of Commerce plans Europe, US offices to boost trade

Cambodia Chamber of Commerce (CCC) is forging on with plans to open representative offices in Europe and the US next year in a bid to shore up trade and draw in more investment, its vice-president Lim Heng told The Post on Wednesday. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-chamber-commerce-plans-europe-us-offices-boost-trade

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