Investment

More than 1 million vehicles had travelled on Cambodia’s first-ever expressway in the first three months since its inauguration in October last year, according to data released by the freeway operator on Monday. ...

According to a study issued on December 27, the Ministry of Management stated that from 2000 until November this year, 2,534 high-rise structures were constructed, including 1,674 in Phnom Penh, 685 in Sihanoukville, 131 in Banteay Meanchey, and 43 in other places. Among the high-rise buildings, ...

According to a report issued by Sihanoukville Autonomous Port, it earned more than 85,117 million riels, equivalent to roughly $65 million, in the first nine months of 2022, marking a 2.75 percent decrease from the same period in 2021. ...

Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...

The year of 2022 marked another fruitful year of pragmatic cooperation between Cambodia and China as the two countries have enjoyed bigger trade and investment volumes, officials and academics said. ...

The Council for the Development of Cambodia (CDC) notices issued month-to-date reveal that it has greenlit 10 new projects worth nearly $50 million, mostly involved in garments, footwear and packaging. ...

The Cambodia Special Economic Zone Committee of the Council for the Development of Cambodia (CDC) issued the certificate of registration for four companies. ...

Huadian Sihanoukville Power Generation Co Ltd (HSPGC), under China’s Huadian Overseas Investment Co Ltd, on December 16 officially put online the “number-two unit” of its 700MW coal-fired HSPGC Power Plant in Preah Sihanouk province, after a successful commissioning test, making it the largest power station ...

Hun Sen, Prime Minister of the Kingdom of Cambodia, spoke highly of the investment direction of Charoen Pokphand (CP) Group and Soma Group on clean energy production in Cambodia. ...

The Public-Private Partnership Contract (PPP) for the Phnom Penh-Bavet Expressway project worth about $1.63 billion has been finalised and ready for signing between the government and the private developer in a ceremony to be held in early 2023 after all the clauses of the contract ...

The Cambodia-Republic of Korea (ROK) Free Trade Agreement that has entered into force on Dec. 1 this year, will further enhance the current healthy bilateral economic cooperation, particularly on trade and investment. ...

The Council for the Development of Cambodia (CDC) has granted green light to a new investment project proposed by Textstar Garment (Cambodia) Co., Ltd. ...

The government has approved Maritime City Co Ltd’s proposal to build and operate a $164.4 million development in Preah Sihanouk province comprising a 582-room five-star hotel, a commercial centre and entertainment facilities. ...

The government has issued an open invitation to apply for a 155ha mineral exploration licence in northern Kampot province that officials claim has great investment potential for cement production. ...

Prime Minister Hun Sen said Cambodia needs a stable investment from Japan to produce more items in the country and then export back to the Japanese market to scale up the level of existing relations between the two countries. He emphasised more infrastructure development and ...

The Securities and Exchange Regulator of Cambodia (SERC) in collaboration with relevant authorities has started investigating non-governmental organisations (NGOs), associations, companies and individuals that have illegal investment schemes to collect funds from the public, said a top official of the regulator. ...

The 2022 ASEAN summit took place at the Cambodian capital Phnom Penh, this past weekend, with China as an official guest. At the event, Chinese Premier Li Keqiang announced Beijing’s approval of Chinese investment in significant infrastructure projects in the ASEAN region. ...

Ten member states of Southeast Asian Nations (ASEAN), Japan, China, and Korea have boosted cooperation in trade and investment by taking advantage of the existing free trade agreements. ...

Singapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. ...

Khuong Sreng, Governor of Phnom Penh, called on investors to invest more in Phnom Penh, especially in the food sector, to boost the country’s economy. ...

The Cambodian government on Friday approved the next three-year public investment program (2023-2025), which would require a total capital of $9.22 billion to implement 663 projects, government spokesperson Phay Siphan said. ...

The two-way trade between Cambodia and the United Arab Emirates (UAE) reached almost $280 million in the first eight months of this year, up over 40 percent compared to same period in 2021. ...

Cambodia continued to receive substantial Foreign Direct Investment in the construction sector in 2021, despite the economic slowdown in the wake of Covid-19, showed the Asean Investment Report 2022. ...

China Matrix Technology Group-Horche Intelligent Automobile plans to set up a unit to assemble electric vehicles in Koh Kong province, as per a virtual meeting on October 22. ...