$6.4m footwear factory inaugurated in Kampong Speu

The Minister of Labor and Vocational Training has officially inaugurated a shoe factory in Samrong Tong District, Kampong Speu Province with an investment of about $ 6.4 million. ...

Mon Sokeo
https://kiripost.com/stories/cambodia-64m-footwear-factory-inaugurated-in-kampong-speu

Australian agribusiness explores potential in Cambodia

A major Australian agribusiness has visited Cambodia to explore agriculture investment and trade potential in produce, including mango, rambutan, longan and dragon fruit. ...

Marissa Carruthers
https://kiripost.com/stories/australian-agribusiness-explores-potential-in-cambodia

$95 million cement plant to appear in Battambang province

A new cement plant with a total investment capital of $95 million will be built in Pcheav village, Treng commune, Rattanak Mondul district, Battambang province, according to a press release of the Council for the Development of Cambodia (CDC) made public Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501311142/95-million-cement-plant-to-appear-in-battambang-province/

Chinese-invested banana farm expanding plantation to meet high market demand

Chinese-invested banana farm in Stung Trang district of Kampong Cham province plans to expand its plantation to meet rising overseas market demand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501309289/chinese-invested-banana-farm-expanding-plantation-to-meet-high-market-demand/

Cashew nut industry seeks $300 million working capital

The cashew nut sector in Cambodia needs at least $300 million per year in working capital, according to a senior official from the industry. ...

Adur Pradeep
https://www.khmertimeskh.com/501307561/cashew-nut-industry-seeks-300-million-working-capital/

Int’l footwear sales pick up pace in May: GDCE figures

The Kingdom exported “footwear, gaiters and the like; parts of such articles” to the tune of $558.542 million in the first five months of 2023, down 20.44 per cent year-on-year from $702.060 million and down 23.11 per cent half-on-half (compared to July-November 2022) from $726.4 ...

Hin Pisei
https://www.phnompenhpost.com/business/intl-footwear-sales-pick-pace-may-gdce-figures

Trade pressures on Cambodia

Cambodia’s economic policies are relatively liberal for the region, and its investment and trade regimes remain attractive. However, being a small and open economy, Cambodia is susceptible to external changes and shocks. Global trade growth slowed in the second half of 2022 and further deceleration ...

Khmer Times Staff
https://www.khmertimeskh.com/501307802/trade-pressures-on-cambodia/

PM predicts 5.6% economic growth

While meeting with nearly 20,000 garment workers from 12 factories in Tram Kak district, Takeo province on June 11, Hun Sen said that Cambodia’s economy grew exponentially in the two decades that preceded the Covid-19 pandemic. ...

Van Socheata
https://www.phnompenhpost.com/national/pm-predicts-56-economic-growth

Sihanoukville Autonomous Port CEO vows port will become regional hub

Lou Kim Chhun, government delegate in charge as chairman and CEO of Sihanoukville Autonomous Port, said he was determined to push the development of a new container terminal and deep-water port in Sihanoukville. ...

Van Socheata
https://www.phnompenhpost.com/business/sihanoukville-autonomous-port-ceo-vows-port-will-become-regional-hub

Cambodia seeks partners for planned Mondulkiri airport

Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-seeks-partners-planned-mondulkiri-airport

Work begins on $1.3 billion 2nd expressway in Cambodia

Cambodia on Wednesday broke ground on the second Chinese-invested expressway connecting the capital Phnom Penh with Bavet City of Svay Rieng province on the border with Vietnam. ...

Khmer Times Staff
https://www.khmertimeskh.com/501304626/work-begins-on-1-3-billion-2nd-expressway-in-cambodia/

Kingdom seeks partners for planned Mondulkiri airport

Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-seeks-partners-planned-mondulkiri-airport

Investment projects promise almost 80K new job opportunities

The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...

Hin Pisei
https://www.phnompenhpost.com/business/investment-projects-promise-almost-80k-new-job-opportunities

CDC approves three new investment projects worth over $23 million

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $23.2 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501301040/cdc-approves-three-new-investment-projects-worth-over-23-million/

Invest in major Bavet SEZ: governor

Svay Rieng provincial governor Men Vibol on May 27 extended an open invitation to potential investors from Quzhou city, Zhejiang province, China to participate in the growth story of Tai Seng Bavet Special Economic Zone, located in the southeastern town of Bavet on the border ...

Van Socheata
https://www.phnompenhpost.com/business/invest-major-bavet-sez-governor

CDC approves three more investment projects worth over $15 million

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $15.4 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501299554/cdc-approves-three-more-investment-projects-worth-over-15-million/

Cambodian National Assembly ratifies ASEAN trade in services agreement

The Cambodian National Assembly on May 30 ratified the ASEAN Trade in Services Agreement (ATISA) to boost trade and investment in the area of services. ...

Khmer Times Staff
https://www.khmertimeskh.com/501299457/cambodian-national-assembly-ratifies-asean-trade-in-services-agreement/

New draft law on SEZs finalised

The Council for the Development of Cambodia recently finalised a new draft law on special economic zones (SEZs), aiming to attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition. ...

Chea Vanyuth
https://www.khmertimeskh.com/501296505/new-draft-law-on-sezs-finalised/

Kingdom, China to deepen trade, investment, tourism ties

Cambodia and China will jointly hold a series of events this year to boost trade, investment, tourism, and other key areas of cooperation, a senior official said. ...

Adur Pradeep
https://www.khmertimeskh.com/501294138/kingdom-china-to-deepen-trade-investment-tourism-ties/

Cabinet approves $1.7B Tonle Bassac project

The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 billion to maximise the potential of Cambodia’s waterway transportation by connecting the Mekong River system to the sea after a 26-month study has been completed, said a ...

Kang Sothear
https://www.khmertimeskh.com/501294139/cabinet-approves-1-7b-tonle-bassac-project/

Private sector investment key to Asia infrastructure

Governments in Asia must create a more conducive environment to encourage private sector investment in infrastructure construction, according to experts, who advocate an innovative financing mechanism. ...

Khmer Times Staff
https://www.khmertimeskh.com/501292625/private-sector-investment-key-to-asia-infrastructure/

Indonesia’s Jokowi wants country to take part in Cambodia’s infrastructure projects

Indonesian President Joko Jokowi Widodo shared the country’s desire to be involved in infrastructure development projects in Cambodia as a form of commitment to expand economic ties between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501288541/indonesias-jokowi-wants-country-to-take-part-in-cambodias-infrastructure-projects/

Koh Kong’s first int’l seaport set for launch

Koh Kong province’s first international seaport, invested in and developed by Koh Kong Port Management Co Ltd, is scheduled to launch in the second half of the year, as a number of linked infrastructure works reach completion, according to provincial governor Mithona Phoutong. ...

Hin Pisei
https://www.phnompenhpost.com/business/koh-kongs-first-intl-seaport-set-launch

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