Investment

South Korean-owned SPHP (Cambodia) Co Ltd’s under-construction $231 million, 80 megawatt (MW) Stung Pursat I hydropower dam is scheduled to be commissioned and operational in 2026, according to Pursat provincial governor Khoy Rida. ...

The construction of $230 million Stung Pursat hydropower I dam with a capacity of 80 megawatt is set to break ground soon, after the ground preparation at the construction site has been made since last year. ...

Some 3,748 new factories were opened last year providing jobs for 147,000 workers but 59,000 others were left unemployed when 491 factories closed down. ...

The General Department of Customs and Excise (GDCE) at a meeting on Tuesday with representatives of ministries, technical officials and members of express delivery companies discussed priorities, like the promotion of the cross-border e-commerce sector, use of risk management mechanisms, enhancing the effectiveness of tax ...

At least five investment projects on vehicle assembly have been approved and the constructions are set to be completed soon in Cambodia. ...

A delegation of Booyoung Co., Ltd., led by its Chairman Dr Lee Joong Keun, is seeking opportunities of investment in infrastructure and transport sector in Cambodia. ...

The apex Cambodian business association’s leaders are convinced that their new representative office in the Sendai region will materially accelerate the Kingdom’s trade and economic relations with Japan, largely by tapping into the opportunities created by the Regional Comprehensive Economic Partnership (RCEP). ...

The Singapore Business and Investment Forum (SBIF), a young and vibrant organisation, aims to better serve the business and investment needs of Singaporean businesses and investors in Cambodia ...

Delegation of US-ASEAN Business Council (US-ABC), led by its Senior Vice President and Regional Managing Director H.E. Michael Michalak, have been on a visit to Cambodia to study more potential and opportunities of trade and investment. ...

Six major American corporations have committed to attracting US investment in Cambodia’s public infrastructure and transportation sectors to keep pace with the Kingdom’s socio-economic growth. The promise was made during a February 27 working meeting between a delegation from the US-ASEAN Business Council (US-ABC) and Minister ...

The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...

Sovannaphum Life Assurance Plc, with its financial strength and trust, is making women’s economic empowerment its top corporate social responsibility (CSR) priority this year by financing small-scale businesswomen. ...

Chinese investors and business people are keen to return to Cambodia following the opening of China’s borders and Cambodia, on its part, is ‘China Ready.’ The bonhomie between the business communities of the two countries came to the fore once again at a forum organised ...

The Council of the Development of Cambodia (CDC) has approved 150 investment projects worth approximately $2.9 billion proposed by Japanese investors in the country as of the end of January this year, according to the figures released in a press release issued yesterday by CDC ...

A senior investment official has reiterated a request for Japanese investors to ramp up their commitments to the Cambodian market, recommending a Thailand or Vietnam “Plus One” business approach, amid a government-spearheaded push towards deeper integration into regional and global supply chains. ...

Prime Minister Hun Sen urged French businesses to consider investing in investing in agriculture and industry in Cambodia. ...

The Council of the Development of Cambodia (CDC) has approved 150 investment projects worth approximately $2.9 billion proposed by Japanese investors in the country as of the end of January this year, according to the figures released in a press release issued yesterday by CDC ...

The railway, starting from the capital Phnom Penh to Poipet, a town bordering Thailand, covers a distance of 382 kilometers. ...

There are 400 abandoned  buildings in Sihanoukville and authorities want to do something about the eyesore. Preah Sihanouk Governor Kuoch Chamroeun said Sihanoukville has 1,006 high-rise buildings of which 359 were unfinished and abandoned. ...

Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs, and Cherdkiat Atthakor, Ambassador of Thailand to Cambodia, expressed strong optimism in the direction of the relations between Cambodia and Thailand. ...

Kampot provincial governor Mao Thonin offered a former battlefield turned banana plantation as an example of one of the province’s great success stories. “Once the site of immeasurable suffering, it is now a popular tourist attraction, while also producing up to 2,500 tonnes of export ...

German delegation led by Michael Keller, Secretary of State of the Federal Ministry of Economic Affairs and Climate Action yesterday called on Sok Chenda Sophea, Minister attached to Prime Minister and Secretary General of the Council for the Development of Cambodia (CDC)—the highest decision making ...

Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...

The Cambodian Investment Board under the Council for the Development of Cambodia (CDC) recently approved investment proposals for 11 more companies, creating 11,000 jobs. The companies will have a total investment of $57.3 million. Nine of these are in the garment, footwear and travel goods ...