Investment

The $180 million The Hyatt Regency Phnom Penh hotel is set to launch in January, marking the brand’s first venture into the Kingdom’s capital. Local conglomerate Chip Mong Group signed a management agreement with Chicago, US-based Hyatt Hotels Corp in September 2016 for the hotel, ...

The Royal Group of Companies Ltd, a leading local conglomerate, will invest in the construction of a 100sq km special economic zone (SEZ) in Koh Kong province’s Botum Sakor National Park. This is an apparent bid to capitalise on the ongoing inflow of investment to ...

Kampot province has becomes the home of a new $9 million brickworks that was officially inaugurated on November 22. Equipped with state-of-the-art technology and an automated production line, the factory will be able to turn out 800,000 bricks per day in its initial phase, Kampot ...

The Ministry of Tourism and Japanese company Yamato Green Co Ltd signed a memorandum​ of understanding (MoU) last week intended to develop a green-belt value chain serving the domestic tourism sector. ...

Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd on Thursday signed a strategic partnership with Environmental Protection Industry Associations of Cambodia (Epiac). ...

Cambodia Chamber of Commerce (CCC) is forging on with plans to open representative offices in Europe and the US next year in a bid to shore up trade and draw in more investment, its vice-president Lim Heng told The Post on Wednesday. ...

The Kingdom’s new draft law on investment is scheduled to be finalised by the end of November this year. It will help to drive the economic recovery in the context of COVID-19, according to the Ministry of Economy and Finance (MEF). ...

Twenty leading Cambodian companies are set to participate in the third edition of the Indo-Pacific Business Forum (IPBF) on Wednesday to explore the potential business and investment opportunities that are available in the region. ...

The Council for the Development of Cambodia (CDC) has given the green light to four more investment projects with a total investment capital of $37.6 million. According to the council’s press release issued Friday, the projects newly approved are expected to create some 6,338 jobs ...

A senior executive officer of Cambodian rice-crackers manufacturer Lyly Food Industry Co Ltd has said the company will build a special economic zone (SEZ) in Preash Sihanouk province and plans to launch it next year. ...

The government is sending a new draft law on investment to the private sector to discuss ways to make it more comprehensive and help Cambodia become an attractive destination for new investment and to improve the investment environment in the country. ...

Labor Minister Ith Samheng yesterday asked the European Chamber of Commerce in Cambodia (EUROCHAM) president Tassilo Brinzer to help attract more investors to Cambodia. ...

The Cabinet Meeting, held here this morning under the chairmanship of Prime Minister Hun Sen, approved the draft 3-Year Rolling Public Investment Programme 2021-2023.   ...

Chinese-owned Prince Culture and Development Co Ltd officially launched the $85 million Prince Manor entertainment centre in Kandal province on Wednesday. Prince Manor is located along National Road 1, 20km from the centre of Phnom Penh. It is the first major theme park project in ...

The Cambodian government is working hard at becoming more  flexible to attract foreign  investments and boost external trade to keep pace with the ever changing  global trading environment. ...

The government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. ...

Prime Minister Hun Sen yesterday said that although the COVID-19 pandemic has caused a severe impact on many Cambodians’ livelihoods and the economy, the government will not slow down its reform and development in any sector. ...

More foreign investment is being injected into Cambodia after a manufacturing company announced a new production line and an opening of more than 1,000 new jobs in Kampong Speu province. ...

Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...

Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN.​ ...

Representatives from six universities in Cambodia and the Ministry of Education, together with a member of the World Bank discussed ways to help students to make some money related to the agriculture sector, processing and related work. ...

The Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $58 million.​According to the council’s press release issued this morning, the newly approved projects are expected to create about 800 jobs ...

Two Chinese-owned manufacturers have decided to invest in the Phnom Penh Special Economic Zone (PPSEZ) despite Covid-19.​ ...

A rising number of Japanese companies are expanding business in Southeast Asia, according to the Japan External Trade Organization (JETRO). However, to date, there has been hardly any concrete information on how many of the Japanese entities have targeted Cambodia for relocation although both Japan ...