Economy and commerce
Investment
Almost 2,000 factories registered in Cambodia in first seven months
The number of factories, ranging from producing clothes to electronic devices reached 1,947 as of July this year, employing more than 1 million people, of them some 76 percent are women. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130962/almost-2000-factories-registered-in-cambodia-in-first-seven-months/
Construction sector totaled $5.3b in 2021
Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...
Seng Mengheng
https://kiripost.com/stories/construction-sector-totaled-53b-in-2021
Royal Group SEZ increases exports by $492.7m
Despite the pandemic, Royal Group Phnom Penh SEZ Plc. has reported an increase in exports of $492.7 million for the first seven months of the year, marking 26 percent year-on-year (YOY) growth. ...
Mao Sreypich
https://kiripost.com/stories/royal-group-sez-increases-exports-by-4927m
600 hectares of sea privatized for Kampot port project
Landfilling is underway off the shore of Kampot as the government has transferred 600 hectares to a private company to develop a $1.7-billion port. ...
Mech Dara
https://vodenglish.news/600-hectares-of-sea-privatized-for-kampot-port-project/
Singapore investors to help reboot Cambodia’s economy
Cambodia holds huge potential for Singaporean investors, who can play a role in helping the nation’s economy return to pre-pandemic levels by ploughing funds into infrastructure and other dominant sectors. ...
Bun Tharum
https://kiripost.com/stories/singapore-investors-to-help-reboot-cambodias-economy
Over $300 million worth tyre plant planned in Sihanoukville SEZ
A Chinese firm plans to invest over US$300 million to construct a largest tyre plant at Sihanoukville Special Economic Zone (SSEZ) in Preah Sihanouk province in 2023 ...
Khmer Times Staff
https://www.khmertimeskh.com/501123315/over-300-million-worth-tyre-plant-planned-in-sihanoukville-sez/
Cambodia attracts $3 billion investment in first half
Cambodia attracted a fixed-asset investment of almost $3 billion in the first half of this year, reflecting the firm confidence of investors in the Kingdom’s growth prospects. ...
Chea Vanyuth
https://www.khmertimeskh.com/501118473/cambodia-attracts-3-billion-investment-in-first-half/
Cambodia gets $1.29 billion China investment in H1
The Cambodia-China Free Trade Agreement (CCFTA) and the Regional Comprehensive Economic Partnership (RCEP) helped attract more investment from China to Cambodia in the first half of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501118633/cambodia-gets-1-29-billion-china-investment-in-h1/
$1.5b real estate project launches in Phnom Penh
Hong Kong-based Sunwah Group has launched a $1.5 billion real estate project in Phnom Penh, saying it will represent a new symbol of Cambodia’s high-quality life. ...
Penh Chamroeun
https://kiripost.com/stories/15b-real-estate-project-launches-in-phnom-penh
$84.5 million investment project approved to produce solar panels
The Council for the Development of Cambodia (CDC) has approved an investment project worth $84.5 million that will need about 1,000 workers to manufacture solar panels in an industrial zone in Kratie province, according to a release by the CDC. ...
Kang Sothear
https://www.khmertimeskh.com/501115792/84-5-million-investment-project-approved-to-produce-solar-panels/
CDC approves four new projects worth more than $100 million
Cambodia continues to attract large investments, with the latest being four CDC-approved investments worth more than $100 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116207/cdc-approves-four-new-projects-worth-more-than-100-million/
Hun Sen proposes investments in rice sector to Bangladesh's foreign minister
Prime Minister Hun Sen urged Bangladeshi investors to invest in the rice sector in Cambodia by building rice mills and buying rice from Cambodian farmers to export to Bangladesh. ...
CDC approves new garment factory project in Kampong Speu
A $3.5 million garment factory will be built in Bosstaney Village, Kaheng Commune, Samrong Thong District, Kampong Speu, creating some 700 jobs for local people. ...
Khmer Times Staff
https://www.khmertimeskh.com/501104911/cdc-approves-new-garment-factory-project-in-kampong-speu/
Investments in Kingdom rise by 7 percent in Q1
In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...
Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/
$952 million construction projects approved in five months
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has approved 1,679 construction projects nationwide on 2.2 million square metres at about $952 million in the first five months of this year. ...
Kang Sothear
https://www.khmertimeskh.com/501099984/952-million-construction-projects-approved-in-five-months/
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