Economy and commerce
Investment
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/
Kingdom lures Japanese investment
The Minister of Commerce has sought more Japanese investments in the Kingdom as Cambodia and Japan are keen to work on negotiations to possibly establish a bilateral free trade agreement. ...
Chea Vanyuth
https://www.khmertimeskh.com/501065840/kingdom-lures-japanese-investment/
Coastal communities wary as major development appears to progress
Fishing communities in Kampot and Kep provinces are under threat as a coastal tourism project linked to the wife of a government minister is reportedly moving forward, the Cambodian Center for Human Rights said. ...
Phin Rathana and Khut Sokun
https://vodenglish.news/coastal-communities-wary-as-major-development-appears-to-progress/
Cambodia’s FDI surges 11.2% to $41B in 2021
Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021
Firm wraps up study of waterborne logistic hub in capital
The China Road and Bridge Corporation (CRBC) has finished a feasibility study for the construction of a waterway and logistic facility along the Bassac River in Phnom Penh. ...
Rann Reuy
https://www.phnompenhpost.com/business/firm-wraps-study-waterborne-logistic-hub-capital
Kingdom’s new investments rise on Covid-19 handling law
A high percentage of the Covid-19 vaccinated population, and the new investment law put into force last year have helped increase the number of new investment projects in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501060981/kingdoms-new-investments-rise-on-covid-19-handling-law/
Garment workers protest factory’s move, fear shutdown
Around 300 garment workers from Canteran Apparel gathered on Veng Sreng Street in Chaom Chao commune’s Trapeang Thleung village of Phnom Penh’s Por Sen Chey district on April 19 to protest recent actions by the owner of the business. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/garment-workers-protest-factorys-move-fear-shutdown
Textile-related exports surge nearly a quarter to $3B in Q1
Cambodia exported more than $3 billion worth of garments, footwear, travel goods and other textile-related products in the first quarter of 2022, an increase of nearly a quarter compared to the same period last year, according to data from the General Department of Customs and ...
Hom Phanet
https://www.phnompenhpost.com/business/textile-related-exports-surge-nearly-quarter-3b-q1
Four new investment projects worth almost $32 million approved By CDC
The Council for the Development of Cambodia (CDC) has granted investment licences to four private companies. ...
Khmer Times Staff
https://www.khmertimeskh.com/501057077/four-new-investment-projects-worth-almost-32-million-approved-by-cdc/
Prince Bank invests additional $35 million in Techo International Airport Guaranteed Bond
Prince Bank Plc invested an additional $35 million – totalling $50 million – in the Techo International Airport (TIA) Guaranteed Bond on Thursday. ...