Investment

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. ...

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. ...

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. ...

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. ...

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 ...

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 ...

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. ...

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. ...

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. ...

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. ...

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 ...

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

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, ...

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 ...

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 ...

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. ...

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). ...

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. ...

The Kingdom’s new draft law on investment is scheduled to be finalised by the end of November this year. It will help to drive the economic recovery in the context of COVID-19, according to the Ministry of Economy and Finance (MEF). ...

Twenty leading Cambodian companies are set to participate in the third edition of the Indo-Pacific Business Forum (IPBF) on Wednesday to explore the potential business and investment opportunities that are available in the region. ...

The Council for the Development of Cambodia (CDC) has given the green light to four more investment projects with a total investment capital of $37.6 million. According to the council’s press release issued Friday, the projects newly approved are expected to create some 6,338 jobs ...

A senior executive officer of Cambodian rice-crackers manufacturer Lyly Food Industry Co Ltd has said the company will build a special economic zone (SEZ) in Preash Sihanouk province and plans to launch it next year. ...

The government is sending a new draft law on investment to the private sector to discuss ways to make it more comprehensive and help Cambodia become an attractive destination for new investment and to improve the investment environment in the country. ...

Labor Minister Ith Samheng yesterday asked the European Chamber of Commerce in Cambodia (EUROCHAM) president Tassilo Brinzer to help attract more investors to Cambodia. ...