Economy and commerce
Investment
RCEP, FTAs create more favorable trade, investment opportunities for investors in Cambodia
The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277686/rcep-ftas-create-more-favorable-trade-investment-opportunities-for-investors-in-cambodia/
CDC okays $103.3M in new projects
The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-1033m-new-projects
Türkiye wants to strengthen ties with Cambodia: Turkish ambassador
Türkiye wants to boost ties with Cambodia, which is becoming an attractive destination for trade and investment, the Turkish ambassador to Cambodia said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501274835/turkiye-wants-to-strengthen-ties-with-cambodia-turkish-ambassador/
Chamber of commerce calls for additional SEZ incentives
Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...
Van Socheata
https://www.phnompenhpost.com/business/chamber-commerce-calls-additional-sez-incentives
39 investment projects approved in Q1
The Council for the Development of Cambodia approved 39 fixed asset investment projects worth $294 million in the first quarter of this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501271799/39-investment-projects-approved-in-q1/
Spending on capital’s new airport nears $700M: SSCA
Nearly $700 million has been spent on the new $1.5 billion Techo International Airport (TIA), the main construction work on which has reached 46 per cent as of March 31, motivated by positive tourism growth, according to a senior civil aviation official. ...
Rann Reuy
https://www.phnompenhpost.com/business/spending-capitals-new-airport-nears-700m-ssca
Private investors sought for $55m ecotourism project
Private sector investment is being sought for a $55 million project to develop sustainable eco-tourism in the Cardamom Mountains and Tonle Sap area. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-private-investors-sought-for-55m-ecotourism-project
Cambodia attracts $294 million in investment in Q1
Cambodia attracted 39 fixed-asset investment projects worth $294 million in the first quarter of 2023, generating some 47,000 new jobs, a report of the Council for the Development of Cambodia said Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501271448/cambodia-attracts-294-million-in-investment-in-q1/
Reforms aimed at overcoming FDI challenges
The Cambodian government has continuously implemented reforms to overcome challenges to attract more foreign direct investment, a senior official at the Ministry of Economy and Finance said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501270538/reforms-aimed-at-overcoming-fdi-challenges/
Cambodia approves five Renewable Energy projects
The Royal Government of Cambodia has approved five renewable energy projects with a total capacity of 520 MW to increase the power supply to the national grid and contribute to reducing the emissions of carbon dioxide and protecting the environment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501270090/cambodia-approves-five-renewable-energy-projects/
Gov’t discusses new strategies to attract investment
The Ministry of Economy and Finance (MEF), in collaboration with the World Bank (WB), yesterday held a sector policy dialogue to discuss new strategies with development partners and other government officials from different ministries and institutions to boost investment while considering the scope of regional ...
Kang Sothear
https://www.khmertimeskh.com/501269338/govt-discusses-new-strategies-to-attract-investment/
Ratanakiri governor seeks airport investment
Ratanakiri provincial officials have appealed to foreign investors to build a new airport on a 1,400-hectare plot of land in Lumphat district to attract tourism ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-ratanakiri-governor-seeks-airport-investment
Chinese Association looks into Cambodia’s tourism investment
A Chinese association Global Alliance of SMEs is looking into Cambodia’s investment, especially in tourism. ...
Khmer Times Staff
https://www.khmertimeskh.com/501269103/chinese-association-looks-into-cambodias-tourism-investment/
Cambodia receives 22 Indonesia projects worth $69 million
Cambodia received 22 investment project proposals worth $69 million from Indonesian investors in various sectors, including industry, agriculture and service. .. ...
Kang Sothear
https://www.khmertimeskh.com/501267157/cambodia-receives-22-indonesia-projects-worth-69-million/
Cambodia & Morocco look to deepen ties; may boost apparel trade
Morocco and Cambodia have pledged to strengthen their trade ties. The two countries have agreed to organise a forum to explore business opportunities and urged their respective business communities to boost trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501266865/cambodia-may-boost-apparel-trade/
‘Technicians, skilled labourers crucial for tech investments’
Prime Minister Hun Sen yesterday reiterated the importance of increasing the number of technicians and skilled labourers to attract new high-end technology investment projects to Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501265404/technicians-skilled-labourers-crucial-for-tech-investments/
Cambodia, Indonesia to boost trade, investment, tourism ties
Cambodia and Indonesia have discussed further cooperation in trade, investment and tourism by promoting the export of Cambodian agricultural products to the Indonesian market. ...
Chea Vanyuth
https://www.khmertimeskh.com/501261545/cambodia-indonesia-to-boost-trade-investment-tourism-ties/
Three more investment projects worth over $16 million approved
The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $16.2 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501258971/three-more-investment-projects-worth-over-16-million-approved/
Chinese investors returning: Cambodia should learn the lesson of money laundering risks
The real estate industry in Cambodia has been identified as a high-risk sector for money laundering due to a number of factors. In recent years, the industry has experienced substantial growth, which has attracted foreign investors, particularly from China. This has led to a substantial influx ...
Manghout Ki
https://cambodianess.com/article/chinese-investors-returning-cambodia-should-learn-the-lesson-of-money-laundering-risks
Cambodia, Pakistan mull joint trade-body committee
Cambodia and Pakistan have agreed to look into setting up a joint committee between the two countries’ apex business associations, to unlock the envisaged potential of two-way trade and investment, and boost import-export flows beyond their historically limited levels, according to a Ministry of Commerce ...
Van Socheata
https://www.phnompenhpost.com/business/cambodia-pakistan-mull-joint-trade-body-committee
Preah Sihanouk tyre plant lifts hopes for rubber
A massive, freshly-launched tyre factory, backed by a $300 million investment from Chinese-owned General Tires Technology (Cambodia) Co Ltd, could be the breakthrough that the local rubber and automotive sectors have been waiting for, and potentially act as a type of price stabiliser for domestic ...
May Kunmakara
https://www.phnompenhpost.com/business/preah-sihanouk-tyre-plant-lifts-hopes-rubber
Chinese-invested tire factory in Cambodia goes into operation
A Chinese-invested tire factory in Cambodia’s Sihanoukville Special Economic Zone (SSEZ) launched its operation on Saturday after more than one year of construction. ...
Khmer Times Staff
https://www.khmertimeskh.com/501257581/chinese-invested-tire-factory-in-cambodia-goes-into-operation/
Sihanoukville multi-purpose SEZ master plan reviewed
A meeting at the Ministry of Economy and Finance under the chairmanship of Dr Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, on Wednesday, reviewed and discussed recommendations on the draft report on the second phase of the master plan for the ...
Adur Pradeep
https://www.khmertimeskh.com/501256440/sihanoukville-multi-purpose-sez-master-plan-reviewed/
Hopes high for Kampong Chhnang logistics hub
Locally-owned KLP.T Transportation Co Ltd’s new multi-purpose port and logistics centre just east of Kampong Chhnang town is expected to provide a substantial boost to Cambodian freight movement, particularly of agricultural products from the provinces bordering Tonle Sap Lake to international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/hopes-high-kampong-chhnang-logistics-hub