Economy and commerce
Investment
Pursat Ford assembly plant opens
The Kingdom’s first Ford assembly plant was inaugurated on June 16 in Pursat province amid rising demand for brand-new vehicles among Cambodians. The facility is seen as a game changer for the domestic automobile industry, which could bring a wave of investors seeking to cash ...
May Kunmakara
https://www.phnompenhpost.com/business/pursat-ford-assembly-plant-opens
Jan-May footwear exports run past $700M
Cambodian exports of footwear and related items topped $700 million in the first five months of 2022, representing gains of more than a third from the same period last year, in an upswing expected to continue as international tourism flows return to pre-Covid-19 levels. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-may-footwear-exports-run-past-700m
Projects worth nearly $24 million approved by CDC
The Council for the Development of Cambodia (CDC) has just approved four new investment projects with a total investment of nearly $24 million that will create more jobs in the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501093977/projects-worth-nearly-24-million-approved-by-cdc/
Phnom Penh attracts 1,000 construction projects worth over $2.26 billion
Phnom Penh has so far attracted around 1,000 new investment projects covering a construction area of 4.63 million square metres, with an investment capital of over U$2.26 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501090915/phnom-penh-attracts-1000-construction-projects-worth-over-2-26-billion/
More new industries register as economic activities pick up in Cambodia
A number of new industrial factories registered in the first period of 2022 increased remarkably, reflecting the confidence of investors in Cambodia after the country allowed the resumption of its socio-economic activities, said a senior official. ...
Chea Vanyuth
https://www.khmertimeskh.com/501086192/more-new-industries-register-as-economic-activities-pick-up-in-cambodia/
Jan-May CDC approvals $2.66B
The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-may-cdc-approvals-266b
Investors go on trust law education drive
Prominent Cambodian-based investors are joining forces to shed light on the Law on Trust and advertise the Kingdom’s investment environment, to make up for missed opportunities due to the Covid-19 pandemic as the local outbreak remains under control. ...
Rann Reuy
https://www.phnompenhpost.com/business/investors-go-trust-law-education-drive
Four other investment projects worth more than $8 million approved by CDC
The Council for the Development of Cambodia (CDC) has approved four new investment projects with a total capital of $8.4 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501083098/four-other-investment-projects-worth-more-than-8-million-approved-by-cdc/
Chinese firm set to invest $300M into S’ville SEZ’s largest tyre plant
Chinese company “Jiangsu General Science Technology Co Ltd” has invested nearly $300 million to build the largest tyre factory in the Sihanoukville Special Economic Zone (SSEZ), according to Beijing’s embassy in Phnom Penh. ...
Hom Phanet
https://www.phnompenhpost.com/business/chinese-firm-set-invest-300m-sville-sezs-largest-tyre-plant
PM: Cambodia encourages openness and strengthening of economic integration
Prime Minister Hun Sen has stated that with the subsequent easing of administrative and health measures, Cambodia encourages openness and strengthening of economic integration by promoting investment, trade, by fully implementing free trade agreements. ...
Khmer Times Staff
https://www.khmertimeskh.com/501081202/pm-cambodia-encourages-openness-and-strengthening-of-economic-integration/
CDC approves two investment projects worth over $6 million
Council for the Development of Cambodia (CDC) has approved two new investment projects with a total capital of $6.1 million in Takeo and Kampong Speu. ...
Khmer Times Staff
https://www.khmertimeskh.com/501079441/cdc-approves-two-investment-projects-worth-over-6-million/
Eco-tourism plan for 308ha on Cardamoms
An unnamed private company is seeking to lease 308ha of land in the Cardamom Mountain Biodiversity Conservation Corridor for eco-tourism development, in the southeastern corner of Koh Kong province, according to provincial deputy governor Ouk Pheaktra. ...
Nov Sivutha
https://www.phnompenhpost.com/business/eco-tourism-plan-308ha-cardamoms
Cambodia, KOICA discuss request survey of new projects for 2024
The Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB / CDC) and Korea International Cooperation Agency (KOICA) held a roundtable dialogue here on May 16 to review request survey of new projects for 2024 in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501076896/cambodia-koica-discuss-request-survey-of-new-projects-for-2024/
Almost $14 million investment projects approved by CDC, creating close to 3,000 jobs
The Council for the Development of Cambodia (CDC) has approved four new investment projects with a total capital of $13.9 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/1073833/almost-14-million-investment-projects-approved-by-cdc-creating-close-to-3000-jobs/
Major biomass power plant on track to go online by July
A major rice husk biomass power plant in southeastern Phnom Penh’s Chbar Ampov district is still on track to be completed and start operations by July, a press release confirmed on May 5. ...
May Kunmakara
https://www.phnompenhpost.com/business/major-biomass-power-plant-track-go-online-july
PM meets with US business giants
Prime Minister Hun Sen has met with a number of major US companies who have expressed interest in investing in Cambodia, in a meeting convened by the US-ASEAN Business Council (US-ABC). ...
May Kunmakara
https://www.phnompenhpost.com/business/pm-meets-us-business-giants
Construction begins on $1.5B Kampot seaport
The International Multi-Purpose Logistics and Port Centre, principally invested by Kampot Logistics and Port Co Ltd and projected to cost $1.5 billion, has officially broken ground in Bokor town, Kampot province. ...
Nov Sivutha
https://www.phnompenhpost.com/business/construction-begins-15b-kampot-seaport
CDC approves six new investment projects with an investment capital of over $150 million – including new Makro store
The Council for the Development of Cambodia (CDC) has approved six new investment projects with a total investment of more than $150 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501070414/cdc-approves-six-new-investment-projects-with-an-investment-capital-of-over-150-million/
Cambodia’s attractiveness in investment governance
The significance of investment governance for inclusive, sustainable development is often overlooked, including by stakeholders who work on natural resource governance and social and environmental issues. And yet, investment governance plays a major part in shaping the outcomes of their efforts. ...
Khmer Times Staff
https://www.khmertimeskh.com/501069662/cambodias-attractiveness-in-investment-governance/
Cambodia approves fixed asset investment projects worth $2.46 billion in 4 months
Cambodia approved 52 fixed asset investment projects worth $2.46 billion in the first four months of 2022, according to a report by the Council for the Development of Cambodia (CDC) on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501068949/cambodia-approves-fixed-asset-investment-projects-worth-2-46-billion-in-4-months/
China remains top in Kingdom’s FDI last year
China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. ...
Chea Vanyuth
https://www.khmertimeskh.com/501068035/china-remains-top-in-kingdoms-fdi-last-year/
CDC okays three textile-linked projects worth $19M
The Council for the Development of Cambodia (CDC) on April 29 announced that it had greenlit final registration certificates for three projects in textile-linked sectors with total capital investment of nearly $19 million that are expected to create 2,005 jobs. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-three-textile-linked-projects-worth-19m
Japan interested in Cosmetic Plant construction in Preah Sihanouk
Japan has expressed interest in investing on construction of a cosmetic plant in Preah Sihanouk province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501066889/japan-interested-in-cosmetic-plant-construction-in-preah-sihanouk/
Three investment projects worth almost $20 million approved by CDC
The Council for the Development of Cambodia (CDC) said that it has issued investment project registration certificates to three companies worth almost $20 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501066932/three-investment-projects-worth-almost-20-million-approved-by-cdc/