Investment

Kampot Logistics and Port Co Ltd (KLP) on May 5 signed a construction contract with Chinese state-backed China Harbour Engineering Co Ltd (CHEC) for a $1.5 billion multi-purpose port in Kampot province’s Bokor town. ...

The Ministry of Justice and the Asian Development Bank (ADB) have advanced discussions to establish a commercial court, a first for the Kingdom. The ADB will provide technical assistance, said a senior ministry official. Ministry secretary of state Chiv Songhak chaired a meeting last week ...

The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...

Cambodia is currently in the process of finalising the Comprehensive Intermodal Transport Master Plan 2022-2030 (CIT-MP), which includes plans for 150 hard and soft infrastructure development projects and requires an investment of $30 billion, according to Minister of Public Works and Transport Sun Chanthol. ...

In future, Stung Treng province will attract investment in large factories and manufacturing enterprises that will process agricultural raw materials into value-added processed products, particularly cashew nuts, which have been recognised for their commercial potential, officials said. ...

Cambodian Prime Minister Hun Sen has asked the Japan-Cambodia Association (JCA) to help encourage more Japanese investors to invest in Cambodia and boost the export of Cambodian products to Japan. ...

The UAE and the Kingdom of Cambodia have finalised the terms of a comprehensive economic partnership agreement (CEPA), paving the way for a new era of trade and investment cooperation between the two nations. ...

Although a multitude of risks grey Cambodia’s outlook this year, gross domestic product (GDP) growth is forecast a tad higher at 5.5 percent from an estimated 5.2 percent in 2022, according to the Asian Development Bank (ADB) earlier this month. ...

In future, Stung Treng province will attract investment in large factories and manufacturing enterprises that will process agricultural raw materials into value-added processed products, particularly cashew nuts, which have been recognised for their commercial potential, officials said. ...

Two new investment projects worth over $10 million have been approved by the Council for the Development of Cambodia (CDC). The investment projects involve establishing a garment factory and a packaging factory, creating over 2,900 jobs. ...

The Council for the Development of Cambodia (CDC) has approved two investment projects worth nearly $40 million to develop two islands in Koh Kong and Preah Sihanouk provinces. ...

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...

The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...

Türkiye wants to boost ties with Cambodia, which is becoming an attractive destination for trade and investment, the Turkish ambassador to Cambodia said. ...

Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...

The Council for the Development of Cambodia approved 39 fixed asset investment projects worth $294 million in the first quarter of this year. ...

Nearly $700 million has been spent on the new $1.5 billion Techo International Airport (TIA), the main construction work on which has reached 46 per cent as of March 31, motivated by positive tourism growth, according to a senior civil aviation official. ...

Private sector investment is being sought for a $55 million project to develop sustainable eco-tourism in the Cardamom Mountains and Tonle Sap area. ...

Cambodia attracted 39 fixed-asset investment projects worth $294 million in the first quarter of 2023, generating some 47,000 new jobs, a report of the Council for the Development of Cambodia said Monday. ...

The Cambodian government has continuously implemented reforms to overcome challenges to attract more foreign direct investment, a senior official at the Ministry of Economy and Finance said. ...

The Royal Government of Cambodia has approved five renewable energy projects with a total capacity of 520 MW to increase the power supply to the national grid and contribute to reducing the emissions of carbon dioxide and protecting the environment. ...

The Ministry of Economy and Finance (MEF), in collaboration with the World Bank (WB), yesterday held a sector policy dialogue to discuss new strategies with development partners and other government officials from different ministries and institutions to boost investment while considering the scope of regional ...

Ratanakiri provincial officials have appealed to foreign investors to build a new airport on a 1,400-hectare plot of land in Lumphat district to attract tourism ...

A Chinese association Global Alliance of SMEs is looking into Cambodia’s investment, especially in tourism. ...