‘Govt wants Sihanoukville to be next Shenzhen’

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 ...

Nhean Chamrong
https://www.khmertimeskh.com/501469715/govt-wants-sihanoukville-to-be-next-shenzhen/

Sunwah Group sees investment potential in Cambodia

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. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469668/sunwah-group-sees-investment-potential-in-cambodia/

Construction investments rise to $5.4 billion

The construction sector achieved remarkable growth last year with constructed area and investment showing a positive growth. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469670/construction-investments-rise-to-5-4-billion/

QIPs, SEZs get lion’s share of tax relief in Cambodia

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, ...

Rachel David
https://www.khmertimeskh.com/501469664/qips-sezs-get-lions-share-of-tax-relief-in-cambodia/

SCB EIC pegs 6 percent FDI growth for Cambodia

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. ...

James Whitehead
https://www.khmertimeskh.com/501469147/scb-eic-pegs-6-percent-fdi-growth-for-cambodia/

CDC approves projects worth $2.2 billion in first quarter

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. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469196/cdc-approves-projects-worth-2-2-billion-in-first-quarter/

Japan-Cambodia Association to help attract investors, Sour says

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). ...

Chea Vanyuth
https://www.khmertimeskh.com/501467404/japan-cambodia-association-to-help-attract-investors-sour-says/

Cambodia ready to be a strategic partner of businessmen and investors

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 ...

Khmer Times Staff
https://www.khmertimeskh.com/501466969/cambodia-ready-to-be-a-strategic-partner-of-businessmen-and-investors/

PM forms new committee to address private sector issues

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. ...

Chea Vanyuth
https://www.khmertimeskh.com/501467466/pm-forms-new-committee-to-address-private-sector-issues/

Cambodia supports investment and expansion of Japan-Cambodia labor cooperation

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466332/cambodia-supports-investment-and-expansion-of-japan-cambodia-labor-cooperation/

Thai court fixes May 9 hearing for Oddar Meanchey villagers versus global sugar producer case

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. ...

Eung Sea
https://cambojanews.com/thai-court-fixes-may-9-hearing-for-oddar-meanchey-villagers-versus-global-sugar-producer-case/

Cambodia to organise investment roadshow in France

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

Manoj Mathew
https://www.khmertimeskh.com/501460302/cambodia-to-organise-investment-roadshow-in-france/

UK, private firms foster Koh Kong green SEZ project

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. ​ ...

May Kunmakara
https://www.phnompenhpost.com/business/uk-private-firms-foster-koh-kong-green-sez-project

PM announces 617 PIPs worth $11.7 billion

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. ...

Nhean Chamrong
https://www.khmertimeskh.com/501458798/pm-announces-617-pips-worth-11-7-billion/

Chinese firms show feasibility of Light Railway connecting airport, metro in Phnom Penh

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 ...

Rachel David
https://www.khmertimeskh.com/501457950/chinese-firms-show-feasibility-of-light-railway-connecting-airport-metro-in-phnom-penh/

Incentives await investors spending for skills training

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. ...

Manoj Mathew
https://www.khmertimeskh.com/501457946/incentives-await-investors-spending-for-skills-training/

CDC, CYEAD discuss investment opportunities

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. ...

Rachel David
https://www.khmertimeskh.com/501457408/cdc-cyead-discuss-investment-opportunities/

EU and Cambodia unveil $96.7M investment in four initiatives

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. ...

Marissa Carruthers
https://kiripost.com/stories/eu-and-cambodia-unveil-967m-investment-in-four-initiatives

Cambodia seeks more investment from Europe

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. ...

Chea Vanyuth
https://www.khmertimeskh.com/501455006/cambodia-seeks-more-investment-from-europe/

Cambodia attracts $1.39 bln investment in first 2 months of 2024

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/

CDC looks to attract investment from Australia

The Council for the Development of Cambodia (CDC) on Wednesday said that it working towards attracting investment partners from Australia. ...

Rachel David
https://www.khmertimeskh.com/501451818/cdc-looks-to-attract-investment-from-australia/

Minister of Information collaborates with Cambodian-Chinese Journalists to combat misinformation

Neth Pheaktra, Minister of Information, met with Soy Sopheap, President of the Cambodian-Chinese Journalists Association (CJCA), and his colleagues on March 5, 2024, at the Ministry of Information in Phnom Penh. ...

Khmer Times Staff
https://www.khmertimeskh.com/501451399/minister-of-information-collaborates-with-cambodian-chinese-journalists-to-combat-misinformation/

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