UAE firm sets sight on oil in Kingdom

Mubadala Petroleum, one of the UAE’s largest oil and gas companies, is looking for investment opportunities in the Cambodian oil sector, said a senior official at the Ministry of Mines and Energy. Mubadala Petroleum CEO Mazin al-Lamki expressed interest in investing in Cambodia’s oil sector ...

Thou Vireak
https://www.phnompenhpost.com/business/uae-firm-sets-sight-oil-kingdom

Chinese firms seek investments in coconut farming in Cambodia

A group of investors from the Chinese province of Hainan is now in the Kingdom exploring opportunities in coconut farming. The delegation met yesterday with Minister of Agriculture Veng Sakhon in Phnom Penh to discuss the coconut sector in the Kingdom and announce their intention ...

Chea Vannak
https://www.khmertimeskh.com/50667072/chinese-firms-seek-investments-in-coconut-farming-in-cambodia/

Chinese eye asset management

A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management

CDC approves projects worth $8.8M

The Council for the Development of Cambodia (CDC) approved three investment projects in the bags and garment sector with a total capital investment of $8.8 million, it said on Monday. The projects approved are bag factory Quan Ming Handbag (Cambodia) Industrial Co Ltd, the bag and ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-projects-worth-88m

EU issues support for investment in Kingdom

EU Ambassador Carmen Moreno has vowed to bring more European investors into the Kingdom and pledged to uphold good relations between the EU and Cambodia.​ During a meeting with Senate president Say Chhum yesterday, Ambassador Moreno acknowledged the country’s progress and improvement under the government’s ...

Taing Vida
https://www.khmertimeskh.com/50664368/eu-issues-support-for-investment-in-kingdom/

Chinese firms set to invest in car assembly, fertiliser plants

Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week. The delegation was led by Shandong provincial vice-governor Wang Shujian, who met ...

Post Staff
https://www.phnompenhpost.com/business/chinese-firms-set-invest-car-assembly-fertiliser-plants

US companies urged to invest in Cambodia

Cambodia last week asked the United States to increase investments in the Kingdom, claiming that working conditions here have improved dramatically in recent years. The appeal was made by Commerce Minister Pan Sorasak in a meeting on Friday with US Ambassador Patrick Murphy. Mr Sorasak ...

Minister wants better business relationship with Hunan province

Minister of Public Works and Transport Sun Chanthol on Tuesday called on China’s Hunan province to promote bilateral trade, cooperation and investment, and seize opportunities in many potential sectors. He was speaking at the Hunan Investment Promotion and Machinery Expo in Phnom Penh on Tuesday to ...

May Kunmakara
https://www.phnompenhpost.com/business/minister-wants-better-business-relationship-hunan-province

Hunan province group to invest $1.3 billion in Kingdom

A group of businessmen from China’s Hunan province will today sign agreements to invest $1.3 billion in the Kingdom. The commitment was made during a meeting between Foreign Affairs Minister Prak Sokhonn and Du Jiahao, a member of the CPC Central Committee and secretary of ...

Khy Sovuthy
https://www.khmertimeskh.com/50661005/hunan-province-group-to-invest-1-3-billion-in-kingdom/

Sihanoukville to welcome four new industrial parks

The coastal province of Preah Sihanouk will soon be home to four more special economic zones, bringing the total number of industrial parks there to nine, the prime minister said Saturday. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50661037/sihanoukville-to-welcome-four-new-industrial-parks/

Fujian investors eyeing P Sihanouk province

During a meeting with Minister of Industry and Handicraft Cham Prasidh on Thursday in Phnom Penh, Fujian Provincial Federation of Entrepreneurs and Enterprises deputy secretary-general Wei Zheng said the association is eyeing potential areas for investment. ...

Hin Pisei
https://www.phnompenhpost.com/business/fujian-investors-eyeing-p-sihanouk-province

Shenzhen Institute of Planning to undertake Sihanoukville masterplan

The Shenzhen Urban Planning and Design Institute has been commissioned to undertake a masterplan to transform Sihanoukville into a modern sprawling metropolis, using the Shenzhen experience as its secret recipe. ...

Khmer Times Staff
https://www.khmertimeskh.com/660033/shenzhen-institute-of-planning-to-undertake-sihanoukville-masterplan/

Newbill meets Chamroeun

US embassy Deputy Chief of Mission Michael Newbill met with Preah Sihanouk provincial governor Kuoch Chamroeun on Wednesday to strengthen cooperation as the US wants to bring investors to the province. ...

Khorn Savi
https://www.phnompenhpost.com/national/newbill-meets-chamroeun

Kingdom lays out the welcome mat for renewable energy investment

The government welcomes investment from Germany in the Kingdom’s solar and renewable energy sector as local demand for electricity continues to rise between 15 to 20 per cent annually, Ministry of Mines and Energy official Victor Jona said on Tuesday in Phnom Penh. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-lays-out-welcome-mat-renewable-energy-investment

China to finance Preah Sihanouk development

Chinese Prime Minister Li Keqiang has agreed to a request from Cambodia to provide financial support for the development of Preah Sihanouk province. The request was made on Sunday by Prime Minister Hun Sen on the sidelines of the 35th Asean Summit and Related Summits ...

Ben Sokhean
https://www.khmertimeskh.com/50657174/china-to-finance-preah-sihanouk-development/

Cambodia seeking stronger economic, trade ties with US

The Cambodian government has called on more US investors to build economic and trade relations with the Kingdom, the Ministry of Commerce said. The call was made at a meeting between the US Ambassador to Cambodia Patrick Murphy and Minister of Commerce Pan Sorasak during the ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-seeking-stronger-economic-trade-ties-us

Cambodia’s ranking in World Bank index drops once again

The latest release of the World Bank’s ease of doing business index puts Cambodia in the 144th spot out of 190 countries, a drop of six places from a year ago. The 2019 ease of doing business index ranked the Kingdom 138th out of 190 ...

Investment in construction hits $6.5 billion: Ministry

Investment in construction in the Kingdom reached a new high during the first nine months of the year, amounting to $6.5 million, according to the latest government report. From January to September, investment in the sector grew by 34.7 percent compared with the same period last ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50652396/investment-in-construction-hits-6-5-billion-ministry/

Siem Reap to welcome $27mln Cambodia-China Cultural Park

The Council for the Development of Cambodia, a government agency that oversees investment, last week approved a large-scale tourism project in Siem Reap. ‘Cambodia-China Cultural Park,’ the project will be developed by Angkor International Culture Investment & Development (Cambodia) Co., Ltd with a capital of ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50651322/siem-reap-to-welcome-27mln-cambodia-china-cultural-park/

Investment skyrockets this year

The Council for the Development of Cambodia (CDC) yesterday announced that it approved 831 investment projects, with a total investment capital of $22.5 billion, from 2016 to August 2019, according to its latest report. The report added that in the first eight months of the year, ...

Sok Chan
https://www.khmertimeskh.com/50650679/cdc-approves-6bln-in-investment-projects-in-first-eight-months-of-the-year/

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