Premier Hun Sen seeks more investment from the US

Prime Minister Hun Sen yesterday said that although the COVID-19 pandemic has caused a severe impact on many Cambodians’ livelihoods and the economy, the government will not slow down its reform and development in any sector. ...

Sok Chan
https://www.khmertimeskh.com/50765232/premier-hun-sen-seeks-more-investment-from-the-us/

New manufacturing firms provide much-needed jobs

More foreign investment is being injected into Cambodia after a manufacturing company announced a new production line and an opening of more than 1,000 new jobs in Kampong Speu province. ...

Jason Boken
https://www.khmertimeskh.com/50764902/new-manufacturing-firms-provide-much-needed-jobs/

$2.7 million of investment welcome in times of need

Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...

Jason Boken
https://www.khmertimeskh.com/50764132/2-7-million-of-investment-welcome-in-times-of-need/

Foreign investors complain about the Kingdom’s business strictures

Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN.​ ...

Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/

Silk initiative reels in extra income for students

Representatives from six universities in Cambodia and the Ministry of Education, together with a member of the World Bank discussed ways to help students to make some money related to the agriculture sector, processing and related work. ...

Sok Chan
https://www.khmertimeskh.com/50757496/silk-initiative-reels-in-extra-income-for-students/

Five more investment projects worth $60 Million licensed

The Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $58 million.​According to the council’s press release issued this morning, the newly approved projects are expected to create about 800 jobs ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50756987/five-more-investment-projects-worth-60-million-licensed/

Two Chinese firms invest in PPSEZ

Two Chinese-owned manufacturers have decided to invest in the Phnom Penh Special Economic Zone (PPSEZ) despite Covid-19.​ ...

Thou Vireak
https://www.phnompenhpost.com/business/two-chinese-firms-invest-ppsez

JETRO survey shows Cambodia may miss out on Japanese firms shifting focus to Southeast Asian nations

A rising number of Japanese companies are expanding business in Southeast Asia, according to the Japan External Trade Organization (JETRO). However, to date, there has been hardly any concrete information on how many of the Japanese entities have targeted Cambodia for relocation although both Japan ...

Chimphu.VN/Capital Cambodia
https://www.khmertimeskh.com/50755553/jetro-survey-shows-cambodia-may-miss-out-on-japanese-firms-shifting-focus-to-southeast-asian-nations/

Frozen food market to reach $120M

The Cambodian frozen food market is projected to reach $119.56 million by 2024 at a compound annual growth rate (CAGR) of 3.9 per cent during 2019-2024, Dublin-based Research and Markets reported. It said the increasing influence of Western food and an increase in tourism are ...

Thou Vireak
https://www.phnompenhpost.com/business/frozen-food-market-reach-120m

Industrial waste management facility to be built in SSEZ

An industrial waste management facility will be built inside the Sihanoukville Special Economic Zone (SSEZ) providing industrial waste recycling service to enterprises located inside the zone. The facility will be invested by Chip Mong Insee Cement (CMIC) of Chip Mong Group. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50747229/industrial-waste-management-facility-to-be-built-in-ssez/

CDC approves $31.7M animal farm

As part of the government’s effort to secure private investments for food production, the Council for the Development of Cambodia (CDC) earlier this week approved a $31.7 million investment project by Kang Hwa E&C (Cambodia) Co Ltd to build a commercial animal farm in Kampong ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-317m-animal-farm

Three investment projects worth $36.5 million approved, to create hundreds of jobs

The Council for the Development of Cambodia (CDC) has given the green light to three new investment projects with a total investment capital of $36.5 million. According to the council’s press release issued yesterday, the newly approved projects are expected to create some 615 jobs ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50747222/three-investment-projects-worth-36-5-million-approved-to-create-hundreds-of-jobs/

New investment law to attract more investments

The New investment law is expected to make Cambodia an attractive destination for new investment and to improve the investment environment to keep the existing investments in the country. The law is currently in drafting stage and is expected to go online within this year, ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50743474/new-investment-law-to-attract-more-investments/

Investors’ $14.4M projects approved

In just the first week of this month, the Council for the Development of Cambodia (CDC) approved three new investment projects worth more than $14.4 million. They are expected to generate 625 jobs. ...

May Kunmakara
https://www.phnompenhpost.com/business/investors-144m-projects-approved

Australia keen on investing in renewable energy in Cambodia

Australia is interested in investing in renewable energy in Cambodia such as hydropower and solar power. The interest was highlighted here yesterday by newly appointed Australian Ambassador to Cambodia, Pablo Chiho Kang, during a meeting with Oknha Kith Meng, president of the Cambodia Chamber of ...

Nika/AKP
https://www.khmertimeskh.com/50741056/australia-keen-on-investing-in-renewable-energy-in-cambodia/

More Japanese investments on industry and agro-processing sought

Cambodian Minister of Commerce Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia. The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry Thursday. In the ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50741042/more-japanese-investments-on-industry-and-agro-processing-sought/

Human rights issues alleged in renewable energy sector report

The first human rights benchmark of renewable energy companies reveals serious weaknesses in industry efforts to protect workers and communities, creating risks in a sector vital to countering the climate crisis, according to the Business and Human Rights Resource Centre (BHRRC). However, Cambodia, which aims ...

Sorn Sarath
https://www.khmertimeskh.com/50739595/human-rights-issues-alleged-in-renewable-energy-sector-report/

500-hectare industrial park for K.Speu

The chairman of Canadia Bank and Overseas Cambodia Investment Corp (OCIC) said his company is developing a 500-hectare industrial park in Kampong Speu province (along the National Road 51). ...

Sok Chan
https://www.khmertimeskh.com/50737773/500-hectare-industrial-park-for-k-speu/

Phnom Penh construction investment hits $1.3 billion

Construction investment projects in Phnom Penh were recorded at more than $1.3 billion from January to May, officials said yesterday. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50734807/phnom-penh-construction-investment-hits-1-3-billion/

Industry demands renewable energy to fill quotas

A rapid shift away from traditional energy sources and towards renewables is required to increase Cambodia’s appeal for manufacturing investment, as large multinationals seek destinations with affordable clean energy to meet legislated quotas.​ ...

Harrison White
https://www.khmertimeskh.com/50734168/industry-demands-renewable-energy-to-fill-quotas/

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