Investment

The Cabinet Meeting, held here this morning under the chairmanship of Prime Minister Hun Sen, approved the draft 3-Year Rolling Public Investment Programme 2021-2023.   ...

Chinese-owned Prince Culture and Development Co Ltd officially launched the $85 million Prince Manor entertainment centre in Kandal province on Wednesday. Prince Manor is located along National Road 1, 20km from the centre of Phnom Penh. It is the first major theme park project in ...

The Cambodian government is working hard at becoming more  flexible to attract foreign  investments and boost external trade to keep pace with the ever changing  global trading environment. ...

The government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. ...

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. ...

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. ...

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 ...

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.​ ...

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. ...

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 ...

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

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 ...

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 ...

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. ...

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 ...

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 ...

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, ...

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. ...

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 ...

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 ...

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 ...

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). ...

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

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.​ ...