Investment

A delegation from Hyuckjin Energy Plant Engineering, a company that deals with environmentally specialized businesses with high-tech and ecotechnology is keen on converting Cambodia’s waste into clean energy, using about 100 tonnes of waste to create 25 megawatts of electricity per day. ...

“Cambodia International Trade Fair 2024” has gathered over 2,500 international business operators from 16 countries to explore investment opportunities in the Kingdom. ...

On May 10, Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), received representatives from Hainan Litree Purifying Technology Co., Ltd. and discussed the company’s interest in expanding its investment in Cambodia’s clean water sector. ...

Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...

Cambodia and Japan will strengthen economic ties in a bid to boost trade and investments. ...

According to the Ministry of Commerce, five automobile manufacturers are reportedly building production facilities in Cambodia. ...

Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...

Another 14 projects worth $213 million received approval in Cambodia’s coastal city Sihanoukville recently which included 10 projects for reviving the construction of stalled buildings under the ‘Special Investment Promotion Program’ for the city, launched by Prime Minister Hun Manet earlier in January. ...

Cambodia has seen more than $5 billion approved construction projects in 2023, as per data with CBRE Cambodia. This is a 79 percent increase compared to the previous year. ...

Cambodia and China have agreed to enhance the China-Cambodia Free Trade Agreement’s implementation quality, with an expert suggesting the need to push harder for trade balance. ...

Prime Minister Hun Manet stated that the investment policy of the Royal Government of Cambodia is to preserve existing investments while also fostering new ones.​ ...

Prime Minister Hun Manet yesterday pledged to enhance the investment climate of Cambodia, in a bid to attract more investments to the country. ...

Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...

Amid the rising trend of renewable energy demand and the use of electric vehicles (EVs) in the Kingdom, the Royal Government of Cambodia (RGC) asked businessmen to seize the opportunity by investing in the EV-related industry that comes with a range of benefits for both ...

CHN Energy Investment Group Co. LTD, a state-owned mining and energy company in China, has proposed energy investment focusing on renewable power sources – solar PV and hydropower dams. ...

Cambodia’s northwestern province of Battambang, well known as one of the national agricultural hubs, has also developed a considerable industrial economy in recent periods, buoyed by increased private investment in production facilities and public infrastructure upgrades improving connectivity for the region. ...

The Council for the Development of Cambodia (CDC) has approved 173 investment projects worth some $4 billion during the last six months, from September 2023 to February 2024. ...

The Royal Government of Cambodia (RGC) wants to transform Preah Sihanouk province into the next Shenzhen by reducing logistics costs, providing an investment incentive package and enhancing the development of human resources to attract investors, said Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of ...

Hong Kong-based Sunwah Group, along with a group of leading investors, have evinced interest to invest in a range of areas including financial technology to smart city development and property and energy to tourism in Cambodia. ...

The construction sector achieved remarkable growth last year with constructed area and investment showing a positive growth. ...

When it came to relief for special taxes (excise), value-added taxes and customs duties on imports – QIPs and SEZs received a disproportionate amount of customs tax relief, said a recent World Bank report. In 2020, QIPs took around 51 percent of total tax exemption, ...

The latest SCB EIC report expects ASEAN CLMV nations, including Cambodia, to witness accelerated economic growth in 2024 due to increasing foreign direct investment compared to prior years. ...

The Council for the Development of Cambodia (CDC) approved 106 fixed assets investment and expansion projects worth $2.2 billion in the first three months of this year, a jump of 649 percent over the same period last year. ...

The Japan-Cambodia Association office, officially inaugurated on Monday in Phnom Penh, will play an important role in attracting more Japanese businessmen and investors to Cambodia, said Heng Sour, Minister of Labor, Vocational Training (MLVT). ...