Nearly $70 million investment projects licensed, to create 5,000 jobs

Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50732891/nearly-70-million-investment-projects-licensed-to-create-5000-jobs/

Sihanoukville records over $7 billion in construction

Cambodia’s coastal Preah Sihanouk province has attracted construction project investment valued at more than $7 billion over the last four years – most from Chinese nationals – the provincial administration said yesterday. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50732207/sihanoukville-records-over-7-billion-in-construction/

Call for more power investments to meet province’s demand

Banteay Meanchey administration said the province boasts potential investment activities which need more power to meet local demand as it aims to reduce the energy imports from its neighbour Thailand in the northwest. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50730649/call-for-more-power-investments-to-meet-provinces-demand/

Masterplan Lays out Future Developments of Airport in Sihanoukville

Cambodia Airports, the longstanding concessionaire of Cambodia’s network of 3 international airports unveiled a 20-year development and investment program for the international airport in Sihanoukville. ...

Sok Chan
https://www.khmertimeskh.com/50729739/masterplan-lays-out-future-developments-of-airport-in-sihanoukville/

Local property market best described as ‘flat’

Cambodia’s local property sector has been described as “flat” while condominiums and boreys are tagged to be the hardest hit during the COVID-19 pandemic because the listings will eventually need to be put up for sale under current market prices in the coming months, according ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50728836/local-property-market-best-described-as-flat/

Three investment projects worth $246 million approved, to create 1,500 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 $246.1 million. According to the council, the newly approved projects are expected to create some 1,547 jobs for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50727869/three-investment-projects-worth-246-million-approved-to-create-1500-jobs/

Etiqa Insurance to get foothold in nation

Cambodia’s Ministry of Economy and Finance has granted a business licence to Etiqa Insurance & Takaful, a leading insurance provider in Malaysia, paving the way for the firm to tap into the Kingdom’s nascent insurance market, the company announced. ...

Chhut Bunthoeu
https://www.khmertimeskh.com/50726930/etiqa-insurance-to-get-foothold-in-nation/

Nearly $175 million in new investments flow in but can’t keep pace with increasing unemployment

Five more investment projects worth $174.8 million have been approved, according to a press release of the Council for the Development of Cambodia issued on May 22. ...

Khmer Times Staff
https://www.khmertimeskh.com/50726183/nearly-175-million-in-new-investments-flow-in-but-cant-keep-pace-with-increasing-unemployment/

Two Japanese firms eye agricultural opportunities

NIPPON Express and Xamato Green expressed their interest after seeing a potential investment in Cambodia’s agriculture sector. The plan was disclosed during a meeting last week led by Yamato Green company’s Chairman Nabeshima Katsuhito and Ngin Chhay, the director-general of the General Directorate of Agriculture ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50726611/two-japanese-firms-eye-agricultural-opportunities/

Australian firm keen to invest in Cambodia’s rice production chain

An Australian firm is eying investment in Cambodia’s paddy rice and milled rice production chain for export to Australia. This was made known by Pablo Kang, Ambassador of Australia during a meeting with Pan Sorasak, Minister of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50723439/australian-firm-keen-to-invest-in-cambodias-rice-production-chain/

Two investment projects approved by CDC to create hundreds of jobs

The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721539/two-investment-projects-approved-by-cdc-to-create-hundreds-of-jobs/

Nearly US$8 million in investment projects licensed

Three new investment projects with a total investment capital of US$7.9 million have received the green light from the Council for the Development of Cambodia (CDC).​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50720897/nearly-us8-million-in-investment-projects-licensed/

Chinese firm unveils US$160-million parking lot investment in Phnom Penh

China Good Cars Holding Ltd. has unveiled a US$160-million-worth investment project in a parking lot for heavy vehicles in Phnom Penh – aiming to contribute to reducing traffic congestion in the capital. ...

Khmer Times Staff
https://www.khmertimeskh.com/50720892/chinese-firm-unveils-us160-million-parking-lot-investment-in-phnom-penh/

Real estate boosted last year but likely to suffer this year

The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...

Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/

Cambodia welcomes sisal into crop portfolio

Cambodia will soon start cultivating sisal, an agave plant native to southern Mexico which produces a strong fibre, after China Great Cause (Cambodia) Investment Co Ltd received an economic land concession in Preah Vihear province to build a processing plant. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-welcomes-sisal-crop-portfolio

Four more investment projects approved by CDC

The Council for the Development of Cambodia (CDC) has approved four more investment projects, expecting to create almost 1,500 jobs for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50715646/four-more-investment-projects-approved-by-cdc/

CDC okays five projects to create 6,373 jobs

The Council for the Development of Cambodia (CDC) issued final registration certificates to five investment projects between April 13-17 worth more than $24 million and which are expected to generate 6,373 jobs.​ ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-five-projects-create-6373-jobs

$23.5 million in new investment projects licensed

The Council for Development of Cambodia (CDC) has given the green light to six new investment projects with a total investment capital of $23.5 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50712885/23-5-million-in-new-investment-projects-licensed/

The CDC approves investment projects worth $13.9 Million

The Council for the Development of Cambodia (CDC) has approved four investment projects with a combined capital investment valued at $13.9 million and expected to create 3,315 jobs. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/711874/the-cdc-approves-investment-projects-worth-13-9-million/

Second round of China FTA talks close

The second round of negotiations for a Cambodia-China Free Trade Agreement highlighted the potential for expanding trade, investment, services, and strengthening cooperation between the two countries in the upcoming years, Ministry of Commerce secretary of state Sok Sopheak said in a press release on Friday. ...

Thou Vireak
https://www.phnompenhpost.com/business/second-round-china-fta-talks-close

Public service fees reduced to up growth

The government has decided to revise three types of public service fees to boost business registration and draw more investment both locally and abroad, said the ministries of Economy and Finance; and Commerce in a joint statement.​ ...

Thou Vireak
https://www.phnompenhpost.com/business/public-service-fees-reduced-growth

CDC approves seven projects worth $174M

The Council for the Development of Cambodia (CDC) on Wednesday approved seven investment projects worth $174.1 million and expected to generate 3,328 jobs, it said in a press release. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-seven-projects-worth-174m

Vietnam invests $9.5 million in Cambodia

Cambodia was recorded as the third largest recipient of Vietnamese investment during the first quarter of this year, according to a report released by the Foreign Investment Agency under the Ministry of Planning and Investment in Vietnam.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50708029/vietnam-invests-9-5-million-in-cambodia/

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