Investment

Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...

Cambodia on Wednesday broke ground on the second Chinese-invested expressway connecting the capital Phnom Penh with Bavet City of Svay Rieng province on the border with Vietnam. ...

Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...

The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $23.2 million. ...

Svay Rieng provincial governor Men Vibol on May 27 extended an open invitation to potential investors from Quzhou city, Zhejiang province, China to participate in the growth story of Tai Seng Bavet Special Economic Zone, located in the southeastern town of Bavet on the border ...

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $15.4 million. ...

The Cambodian National Assembly on May 30 ratified the ASEAN Trade in Services Agreement (ATISA) to boost trade and investment in the area of services. ...

The Council for the Development of Cambodia recently finalised a new draft law on special economic zones (SEZs), aiming to attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition. ...

A Chinese-invested tire factory in Cambodia’s Sihanoukville Special Economic Zone (SSEZ) officially launched its operation on Monday. ...

Cambodia and China will jointly hold a series of events this year to boost trade, investment, tourism, and other key areas of cooperation, a senior official said. ...

The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 billion to maximise the potential of Cambodia’s waterway transportation by connecting the Mekong River system to the sea after a 26-month study has been completed, said a ...

Governments in Asia must create a more conducive environment to encourage private sector investment in infrastructure construction, according to experts, who advocate an innovative financing mechanism. ...

Indonesian President Joko Jokowi Widodo shared the country’s desire to be involved in infrastructure development projects in Cambodia as a form of commitment to expand economic ties between the two countries. ...

Koh Kong province’s first international seaport, invested in and developed by Koh Kong Port Management Co Ltd, is scheduled to launch in the second half of the year, as a number of linked infrastructure works reach completion, according to provincial governor Mithona Phoutong. ...

Kampot Logistics and Port Co Ltd (KLP) on May 5 signed a construction contract with Chinese state-backed China Harbour Engineering Co Ltd (CHEC) for a $1.5 billion multi-purpose port in Kampot province’s Bokor town. ...

The Ministry of Justice and the Asian Development Bank (ADB) have advanced discussions to establish a commercial court, a first for the Kingdom. The ADB will provide technical assistance, said a senior ministry official. Ministry secretary of state Chiv Songhak chaired a meeting last week ...

The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...

Cambodia is currently in the process of finalising the Comprehensive Intermodal Transport Master Plan 2022-2030 (CIT-MP), which includes plans for 150 hard and soft infrastructure development projects and requires an investment of $30 billion, according to Minister of Public Works and Transport Sun Chanthol. ...

In future, Stung Treng province will attract investment in large factories and manufacturing enterprises that will process agricultural raw materials into value-added processed products, particularly cashew nuts, which have been recognised for their commercial potential, officials said. ...

Cambodian Prime Minister Hun Sen has asked the Japan-Cambodia Association (JCA) to help encourage more Japanese investors to invest in Cambodia and boost the export of Cambodian products to Japan. ...

The UAE and the Kingdom of Cambodia have finalised the terms of a comprehensive economic partnership agreement (CEPA), paving the way for a new era of trade and investment cooperation between the two nations. ...

Although a multitude of risks grey Cambodia’s outlook this year, gross domestic product (GDP) growth is forecast a tad higher at 5.5 percent from an estimated 5.2 percent in 2022, according to the Asian Development Bank (ADB) earlier this month. ...

In future, Stung Treng province will attract investment in large factories and manufacturing enterprises that will process agricultural raw materials into value-added processed products, particularly cashew nuts, which have been recognised for their commercial potential, officials said. ...