Investment

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). ... ...

Cambodia is ready to be a strategic partner of businessmen and investors to seize ASEAN’s viable economic opportunities and is committed to working closely with ASEAN member states and dialogue partners to build a resilient, sustainable and competitive ASEAN Economic Community (AEC) for the common ...

The Cambodian government has formed a committee tasked to solve problems faced by the private sector and promote investment and business environment in the country. ... ...

Heng Sour, Minister of Labor and Vocational Training, said that Cambodia is ready to support Japanese investors who want to invest in Cambodia and expand labor cooperation between Cambodia and Japan. ...

Three villagers from Cambodia traveled to Thailand to file documents against one of the world’s largest sugar manufacturers, Thai-owned Mitr Phol Sugar Co Ltd, at a Thai court on Wednesday. ... ...

Cambodia and France will join hands to organise a roadshow in the European country to attract more investors to the Kingdom. ... ...

The private sector has expressed support for the plan to establish a green special economic zone (SEZ) in Koh Kong province, viewing it as a role model for others to emulate. Cambodia currently utilises “almost 70%” clean energy nationwide. ​... ...

Cambodia and the Hong Kong Special Administrative Region (SAR) will promote their relationship, particularly in terms of trade and investment. ... ...

In a major push for socioeconomic development and generating more job opportunities, the Royal Government of Cambodia (RGC) earmarked a three-year rolling plan for the Public Investment Programme (PIP) to complete 617 projects at the cost of $11.69 billion. ... ...

The feasibility of a Light Railway line connecting Phnom Penh to the new airport and planned city metro (subway) was presented by the China Metro Group and Guangzhou Metro Group to the Inter-Ministry Committee of Cambodia on Saturday, said the Council for the Development of ...

A set of incentives awaits investors who can provide skills development training for employees in their Cambodia businesses, reminded the Council for the Development of Cambodia (CDC) recently. ... ...

Delegates from the Cambodia Young Entrepreneurs Association for Development (CYEAD) on Friday meet with senior officials of the Council for the Development of Cambodia (CDC) in Phnom Penh to explore investment opportunities. ... ...

The European Union (EU) and Cambodia have teamed up to launch four major programmes that focus on promoting sustainable value chains, energy efficiency and renewable energy, totalling $96.7 million. ... ...

Even though Cambodia has attracted more European investors, the number of their investment projects in the country is still small, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ... ...