Increase in Russian investment sought by commerce ministry

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. ...

Sok Chan
https://www.khmertimeskh.com/50788919/increase-in-russian-investment-sought-by-commerce-ministry/

Kampong Speu steelworks to begin operations

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. ...

Thou Vireak
https://www.phnompenhpost.com/business/kampong-speu-steelworks-begin-operations

P2P lending marketplace launches

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 ...

Thou Vireak
https://www.phnompenhpost.com/business/p2p-lending-marketplace-launches

WorldBridge’s SME cluster zone breaks ground in Takhmao town

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

Hin Pisei
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-breaks-ground-takhmao-town

Hyatt hotel in capital set for January 2021 launch

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, ...

Thou Vireak
https://www.phnompenhpost.com/business/hyatt-hotel-capital-set-january-2021-launch

Royal Group planning 100sq km SEZ in Botum Sakor National Park

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 ...

May Kunmakara
https://www.phnompenhpost.com/business/royal-group-planning-100sq-km-sez-botum-sakor-national-park

New $9M brickworks in Kampot

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 ...

Hin Pisei
https://www.phnompenhpost.com/business/new-9m-brickworks-kampot

Agreement to boost green-belt tourism signed

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. ...

Sok Chan
https://www.khmertimeskh.com/50783047/agreement-to-boost-green-belt-tourism-signed/

Green SEZ set for Svay Rieng town

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). ...

May Kunmakara
https://www.phnompenhpost.com/business/green-sez-set-svay-rieng-town

Cambodia Chamber of Commerce plans Europe, US offices to boost trade

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. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-chamber-commerce-plans-europe-us-offices-boost-trade

New investment law to be finalised in November

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). ...

Sorn Sarath
https://www.khmertimeskh.com/50778372/new-investment-law-to-be-finanlised-in-november/

Indo-Pacific trade fair opens

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. ...

May Kunmakara
https://www.phnompenhpost.com/business/indo-pacific-trade-fair-opens

Cambodia continues to draw FDI despite loss of EBA with another four investment projects worth $37.6 million

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 ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50776597/cambodia-continues-to-draw-fdi-despite-loss-of-eba-with-another-four-investment-projects-worth-37-6-million/

Lyly Food to build special economic zone in Sihanoukville

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. ...

Sok Chan
https://www.khmertimeskh.com/50774342/lyly-food-to-build-special-economic-zone-in-sihanoukville/

EUROCHAM urged to attract more investors

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

Sen David
https://www.khmertimeskh.com/50773408/eurocham-urged-to-attract-more-investors/

Cambodian cabinet endorse 629 public investment projects for 2021-2023

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.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50771846/cambodian-cabinet-endorse-629-public-investment-projects-for-2021-2023/

Vast Prince Manor fun park opens to much fanfare in Kandal

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 ...

May Kunmakara
https://www.phnompenhpost.com/business/vast-prince-manor-fun-park-opens-much-fanfare-kandal

Government looks at easing investment procedures

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. ...

Sorn Sarath
https://www.khmertimeskh.com/50770066/government-looks-at-easing-investment-procedures/

Government to draft policy to boost pepper value

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. ...

Sok Chan
https://www.khmertimeskh.com/50768753/government-to-draft-policy-to-boost-pepper-value/

Premier Hun Sen seeks more investment from the US

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. ...

Sok Chan
https://www.khmertimeskh.com/50765232/premier-hun-sen-seeks-more-investment-from-the-us/

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