Investment
Investment policy and regulations
French and Vietnamese banks to open in Cambodia
Two more foreign banks—one French and one Vietnamese—announced plans earlier this week to open branches in Cambodia. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/french-and-vietnamese-banks-to-open-in-cambodia-125674/
Cluster model to entice SEZ investors
Kerry WorldBridge Logistics SEZ, which is developing a 63-hectare industrial park and free trade zone 17 kilometres south of the capital in Kandal province, has taken on a new partner to design and create an “industry and technology cluster” aimed at attracting non-garment manufacturing investment ...
Kali Kotoski
http://www.phnompenhpost.com/business/cluster-model-entice-sez-investors
Gray-market cars continue to deter potential investment
Germany’s car manufacturers are on edge as the U.K., their No. 1 importer, prepares to leave the E.U. And although expanding into Cambodia’s market is unlikely to ease their anxiety, German investors who gathered in Phnom Penh on Thursday said whatever potential might exist here ...
Hang Sokunthea
https://www.cambodiadaily.com/business/gray-market-cars-continue-to-deter-potential-investment-125321/
Thais seek business opportunities
More than 30 small and medium enterprises (SMEs) from Thailand came to Cambodia this week to explore business prospects and investment opportunities. ...
Sum Manet
http://www.khmertimeskh.com/news/35554/thais-seek-business-opportunities/
Local supply of glass, mirror products
A China-based mirror manufacturing business that fabricates various glass and mirror products for use in the construction industry is keen to set up operations in the country. “Right now the industry is importing most of its construction materials from overseas and this makes it expensive. ...
Chea Vannak
http://www.khmertimeskh.com/news/35456/local-supply-of-glass--mirror-products/
Takeo province courts Chinese investors
Two Chinese companies are looking to lease land along the Cambodia-Vietnam border in Takeo province to build factories producing animal feed and processing meat for export. ...
Pech Sotheary
http://www.khmertimeskh.com/news/34491/takeo-province-courts-chinese-investors/
Kingdom on the agenda
Prime Minister Hun Sen attended a dinner with Swiss company executives in Zurich on Monday, where he invited investors to join the upcoming ASEAN World Economic Forum (WEF), which Cambodia will host for the first time in May. ...
Kali Kotoski
http://www.phnompenhpost.com/business/kingdom-agenda
Uber now eyes Cambodia
US-based Uber will conduct a study on the feasibility of operating its ride-sharing services here in Cambodia, its representatives told the Commerce Ministry on Friday. Commerce Minister Pan Sorasak told Uber Asia-Pacific representatives Chan Park and Brian Shroder that the increased proliferation of internet and mobile ...
May Kunmakara
http://www.khmertimeskh.com/news/34343/uber-now-eyes-cambodia/
Sugar mill to resume operation
A $360 million sugarcane factory will start operating next month after stopping last June due to a shortage of raw material. The Rui Feng sugarcane mill opened last April with capacity to produce nearly half a million tons a year for export, mainly to Europe and ...
Chea Vannak
http://www.khmertimeskh.com/news/34341/sugar-mill-to-resume-operation/
Government urged to hasten amendment of investment laws
The government should speed up amendments to its investment laws ahead of two major business conferences set for next year when visiting foreign investors will get first-hand knowledge of the economy, the head of a local business association said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/government-urged-hasten-amendment-investment-laws
$30B casino, theme park project mooted
MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...
Kali Kotoski
http://www.phnompenhpost.com/business/30b-casino-theme-park-project-mooted
Kolao revs up its investment
Kolao Group, a South Korean-owned automaker and distributor, plans to build factories in a proposed industrial park in Cambodia to assemble its proprietary line of automobiles and motorcycles, a company executive said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kolao-revs-its-investment
Minebea opens third plant
Minebea, the largest Japanese company in Cambodia, officially opened a third manufacturing plant in the Phnom Penh Special Economic Zone yesterday to coincide with the fifth anniversary of its presence in the country. Yoshihisa Kainuma, president and CEO of Mineba (Cambodia), told reporters at the ...
Sok Chan
http://www.khmertimeskh.com/news/32942/minebea-opens-third-plant/
Chinese firm mulls energy sector prospects
A leading Chinese manufacturer of power transmission and distribution equipment recently visited Cambodia to explore opportunities in the Kingdom’s rapidly growing energy sector, including a proposal for a factory to produce equipment for the electricity sector. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/chinese-firm-mulls-energy-sector-prospects
Chinese firm eyes steel mill
One of China’s largest steelmakers is seeking partners in Cambodia to build a steel mill that will reduce the Kingdom’s dependency on imported steel for its construction sector, a company executive said. Weng Wei Min, director of the economic cooperation department at Hangzhou Iron and ...
Cam McGrath and Joey Chua Xue Ting
http://www.phnompenhpost.com/business/chinese-firm-eyes-steel-mill
Longer visas for Chinese, Koreans
The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/32699/longer-visas-for-chinese--koreans/
Red carpet for Chinese investors
The high-profile investment conference, held under the tagline “Cambodia: The Kingdom of Opportunity Along The ‘One Belt, One Road”, saw representatives of more than 200 Chinese companies gather at a hotel conference centre on the outskirts of the capital. The full-day event was jointly organised ...
Joey Chua Xue Ting and Cheng Sokhorng
http://www.phnompenhpost.com/business/red-carpet-chinese-investors
Luxury time-share resort
A Japan-based firm plans to invest $3 million to develop a time-share resort built to five-star hotel standards on Kirirom Mountain – about 110 kilometers northwest of Phnom Penh – with construction to start next year. ...
Sum Manet
http://www.khmertimeskh.com/news/32625/luxury-time-share-resort/
Trade with China to grow
Hundreds of leading Chinese companies will come together with hundreds more local companies today at the first Cambodia-China Business Forum and Financial Development Forum in Phnom Penh, aimed at expanding trade and investment between the two countries. ...
May Kunmakara
http://www.khmertimeskh.com/news/32646/trade-with-china-to-grow/
Incinerator factory proposed
To safely dispose of hazardous medical waste, Japan-based Tesna Energy has proposed plans to build a factory in the Kingdom producing incineration machinery. ...
Sum Manet
http://www.khmertimeskh.com/news/32510/incinerator-factory-proposed/
Minebea readies third factory
Japanese electronics manufacturer Minebea expects to complete construction of its third factory in Cambodia by the end of the year, allowing the company to diversify its operations toward more value-added products, a company official said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/minebea-readies-third-factory
Pepper plantation to tip the scales
A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/pepper-plantation-tip-scales
GE to help electrify Cambodia
A partnership with General Electric (GE), the Boston-based American multinational conglomerate, will be the best way forward for Cambodia to meet its 2035 goal of reducing carbon dioxide emissions by three million tons annually and electrifying 100 percent of rural areas, representatives from the company ...
Sok Chan
http://www.khmertimeskh.com/news/32285/ge-to-help-electrify-cambodia/
New fertiliser venture aims to satisfy growing demand
Fertiliser manufacturer Nangoku Agriculture Development, a Japanese-Cambodian joint venture, launched operations yesterday with the aim of supplying locally manufactured fertilisers to Cambodian farmers at affordable prices. ...