Investment

With this, the number of projects eligible under the special investment promotion programme soared to 110. ...

International Finance Corporation (IFC) – a financial institution that promotes private-sector development in the least developed countries (LDCs) – has increased its investment from $167.5 million to $438.5 million into the Kingdom’s financial sector, a rise of 260 percent over the past five years. ...

China remains Cambodia’s top investor while the US sits at the bottom of the scale, with a socio-economic expert warning about the need to balance relations between the two superpowers. ...

Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government with China topping the list of sources, a report from the Council for the Development of Cambodia (CDC) showed yesterday. ...

From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. ...

Prime Minister Hun Manet said on Tuesday that the country needs more Chinese investments, highlighting potential areas for investment. ...

Foreign direct investment (FDI) from the Republic of Korea ranks second in the Kingdom, where over 40 percent of its total capital went into banking and financial sectors, said Park Jung-Wook, Korean Ambassador to Cambodia. ...

China’s Jiangsu province and Shantou city in Guangdong are seeking to enhance cooperation with Cambodia to boost investment and trade between the two nations. ...

Cambodia and South Korea are committed to expand bilateral cooperation on defence, tourism, people-to-people exchanges and education. ...

The Ambassador of the Republic of Korea to Cambodia Tuesday commended the Cambodian government for its proactive measures to enhance the investment climate in the country, stressing that more Korean investors are keen to explore opportunities in the Kingdom. ...

Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Monday called on relevant ministries to examine the possibility of optimising the Investment Project Application (IPA) by reconciling data with the CDC’s new system to improve convenience in ...

China will support Cambodia in pursuing its own development path and will work to expand the market for Cambodian goods, thereby boosting exports to the Chinese market, according to Chinese ambassador to Cambodia Wang Wenbin. ...

With 24 more projects getting the approval for incentives under the ‘Special Investment Promotion Programme for Preah Sihanouk Province’ initiated by Prime Minister Hun Manet in January this year, the total number of projects under the scheme rose to 85. ...

The Chinese topped Cambodia’s list of leading financiers in July, taking part in 44 new and expansion investment projects, with many in the garment sector. ...

The Council for the Development of Cambodia approved 44 projects in July that have the potential to generate 25,000 jobs, with China standing as the leading investor. ...

The Council for Development of Cambodia (CDC) has greenlighted 44 new investment projects worth $396 million in July 2024. ...

The Council for the Development of Cambodia (CDC), the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China and the Hong Kong Trade Development Council (HKTDC) Wednesday signed two memoranda of understanding (MoUs) to diversify the economy, develop private sector and foster ...

In a move to bolster foreign investment, the Cambodian Chamber of Commerce (CCC) has announced plans to establish additional liaisons abroad, with a particular focus on the European Union. ...

The Council for the Development of Cambodia (CDC) and the Embassy of the People’s Republic of China in Cambodia (ECC) Wednesday discussed ways to take the existing diplomatic ties between the two countries to the next level by promoting investment activities and supporting the development ...

In a significant step towards enhancing bilateral relations, Cambodia and Thailand have committed to deepening their cooperation across various fields, emphasising practical results and a strategic partnership that prioritises the interests of their people. ...

The Vietnamese President will make an official visit to Cambodia this week – his second overseas trip since being elected in June – with analysts predicting cyber crimes, the Funan Techo Canal and the border will be on the table. ...

The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...

The Council for the Development of Cambodia (CDC) approved $3.2 billion in fixed-asset investment for 190 projects during the first six months of 2024, nearly double (up 194 percent) the investment from the $1.1 billion recorded for the same period last year. ...

Japan’s Minister of Foreign Affairs is gearing up for an official visit to Cambodia from July 5 to 6 to strengthen economic and sociopolitical cooperation between the two nations, with analysts predicting closed door discussions will take place on human rights and democracy. ...