Joint venture funds coming to Cambodia ‘by end of Q1’

The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...

May Kunmakara
https://www.phnompenhpost.com/business/joint-venture-funds-coming-cambodia-end-q1

Trade bodies CBC, IDI team up

The Bangkok-based Cambodia Business Council (CBC) and local Innovation and Development Investors Association (IDI) have joined forces to engage with and attract more investors as well as to improve Cambodian exports regionally and globally. ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-bodies-cbc-idi-team

Ten new factory approvals means ‘over 20K’ more jobs

The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...

Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs

‘Eco-tourism’ development on the cards for Koh Thmey isle

Local company HTTH Island Investment Co Ltd is reportedly studying the feasibility of a 16.68sq km “eco-tourism” development project on Koh Thmey island, just southeast of Prey Nop district’s Ream National Park in Preah Sihanouk province. ...

May Kunmakara
https://www.phnompenhpost.com/business/eco-tourism-development-cards-koh-thmey-isle

Sumitomo Mitsui Banking Corporation eying investment opportunities in Cambodia

A delegation of Sumitomo Mitsui Banking Corporation (SMBC), led by its Managing Executive Officer and Co-Head of the Asia Pacific Division Rajeev Kannan, is seeking for investment opportunities in Cambodia, especially in areas of logistics and tourism port. ...

Khmer Times Staff
https://www.khmertimeskh.com/501230667/sumitomo-mitsui-banking-corporation-eying-investment-opportunities-in-cambodia/

Retail, luxury sectors set for lift from Cambodia-Korea JV

The local WorldBridge Group of Companies and South Korean-owned Luxury Business Group (LBG) entered into a joint venture (JV) to develop professional training in the Cambodian retail industry, with a focus on the luxury segment. ...

May Kunmakara
https://www.phnompenhpost.com/business/retail-luxury-sectors-set-lift-cambodia-korea-jv

South Korean agency pushes investment in auto-parts, tech

At a recent meeting in Seoul with a Cambodian delegation led by Minister of Commerce Pan Sorasak, Yu expressed his firm belief that the Cambodia-Korea Free Trade Agreement (CKFTA) will boost trade between the two countries. ...

Van Socheata
https://www.phnompenhpost.com/business/south-korean-agency-pushes-investment-auto-parts-tech

Call for UK to invest in Cambodia’s agriculture sector

Cambodia has called on the UK to consider investing in the processing of agricultural products after noting it is an important market for Cambodia’s agricultural products and manufacturing. ...

Chhorn Raksmey
https://kiripost.com/stories/call-for-uk-to-invest-in-cambodias-agriculture-sector

Invest in Cambodia: French foreign trade minister

A senior French official has called on his countrymen to invest more in Cambodia, citing rapid economic growth, a burgeoning middle class and an overall healthy investment climate. ...

May Kunmakara
https://www.phnompenhpost.com/business/invest-cambodia-french-foreign-trade-minister

Three more projects worth $18 million approved

The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $18 million. The new projects belong to New Target Footwear (Cambodia) Co., Ltd., Golden Island Garments (Cambodia) Co., Ltd., and Jin Long Quan (Cambodia) Co., Ltd., ...

Khmer Times Staff
https://www.khmertimeskh.com/501227974/three-more-projects-worth-18-million-approved/

Cambodia to allow 100 percent private investment in Phnom Penh – Ho Chi Minh high-speed ​railway

Prime Minister Hun Sen  said on Wednesday  Hun Sen, that Cambodia will allow the private sector to invest 100% in the new high-speed railway linking Phnom Penh capital of Cambodia to Ho Chi Minh City of Vietnam. ...

Khmer Times Staff
https://www.khmertimeskh.com/501226654/cambodia-to-allow-100-percent-private-investment-in-phnom-penh-ho-chi-ming-high-speed-railway/

Bilateral FTAs, RCEP expected to drive new industrial investment inflows

Cambodia is expected to attract new investment in industrial sector under the bilateral free trade agreements (FTAs), the Regional Comprehensive Economic Partnership Agreement (RCEP), together with new investment law. ...

Khmer Times Staff
https://www.khmertimeskh.com/501224876/bilateral-ftas-rcep-expected-to-drive-new-industrial-investment-inflows/

French trade minister plans Cambodia trip

French foreign trade minister Olivier Becht’s plans to visit the Kingdom from January 24-25 have been welcomed as a major step in improving economic cooperation between the two nations, including by a senior commerce official and a leader of the local business community. ...

May Kunmakara
https://www.phnompenhpost.com/business/french-trade-minister-plans-cambodia-trip

Cambodia average annual FDI inflows growth at 8.1 percent

Cambodia recorded an average annual FDI inflow growth of 8.1 percent from 2017 to 2021, according to ESCAP’s Asia-Pacific Trade and Investment Trends 2022/2023 Country Report for Cambodia. ...

Adur Pradeep
https://www.khmertimeskh.com/501222747/cambodia-average-annual-fdi-inflows-growth-at-8-1-percent/

New int’l airport nearly half complete as travel industry returns to life

Construction of a new airport that is slated to serve the capital has passed the 43 per cent completion mark, raising prospects for a proper recovery in the civil aviation and tourism sectors as international travellers return to the Kingdom in increasingly large numbers. ...

May Kunmakara
https://www.phnompenhpost.com/business/new-intl-airport-nearly-half-complete-travel-industry-returns-life

Hun Sen encourages Korean investment

Prime Minister Hun Sen asked a former South Korean leader to help promote Cambodia and attract more Korean investors to the Kingdom now that there is a free trade agreement (FTA) in place between the countries. ...

Lay Samean
https://www.phnompenhpost.com/business/hun-sen-encourages-korean-investment

PM urges Korean investment in processing, tech industries

Prime Minister Hun Sen on Saturday morning last week asked former Deputy Prime Minister Ou Myung and an industrial delegation of South Korea to urge investors to invest in processing and high-end technology industries in Cambodia, said a release. ...

Kang Sothear
https://www.khmertimeskh.com/501219858/pm-urges-korean-investment-in-processing-tech-industries/

Work on Cambodian capital new airport expected to finish in 2024

The construction work on a Chinese-built new Phnom Penh international airport, formally known as the Techo International Airport, is expected to be completed in 2024, a spokesman said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220244/work-on-cambodian-capital-new-airport-expected-to-finish-in-2024/

Imports and exports via Sihanoukville special economic zone up 12 percent in 2022

The value of imports and exports passing through the China-Cambodia jointly invested Sihanoukville Special Economic Zone (SSEZ) reached $2.49 billion in 2022, a year-on-year increase of 12 percent, SSEZ General Manager Cao Jianjiang told Xinhua on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501217663/imports-and-exports-via-sihanoukville-special-economic-zone-up-12-percent-in-2022/

October 2023 start date targeted for Siem Reap Angkor International Airport in Cambodia

Sixty-three percent of the construction work on a Chinese-invested international airport in northwestern Cambodia’s Siem Reap province has so far been completed, said a press statement on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501217684/october-2023-start-date-targeted-for-siem-reap-angkor-international-airport-in-cambodia/

China importers urged to buy from Cambodia

The head of the apex Cambodia trade body has asked importers operating in the southern Chinese region of Guangxi to take advantage of the Cambodia-China Free Trade Agreement (CCFTA) and buy produce made in the Kingdom, particularly items on which concessions have been granted. ...

May Kunmakara
https://www.phnompenhpost.com/business/china-importers-urged-buy-cambodia

Construction begins ‘soon’ on 1M sqm Kampong Cham SEZ

An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...

May Kunmakara
https://www.phnompenhpost.com/business/construction-begins-soon-1m-sqm-kampong-cham-sez

Walmart looks to expand Cambodian business

Walmart, the world’s largest retailer intends to learn more about Cambodia’s trade and investment potential, potentially expanding its business in a future collaboration with the Ministry of Commerce. ...

Van Socheata
https://www.phnompenhpost.com/business/walmart-looks-expand-cambodian-business

Projects worth $16 million to create over 4.6K jobs

Investment projects worth $16 million are expected to create more than 4,600 jobs in Cambodia as the Council for the Development of Cambodia (CDC) last week gave the project registration certificate to three companies. ...

Adur Pradeep
https://www.khmertimeskh.com/501216132/projects-worth-16-million-to-create-over-4-6k-jobs/

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