Investment

Cambodia approved 52 fixed asset investment projects worth $2.46 billion in the first four months of 2022, according to a report by the Council for the Development of Cambodia (CDC) on Tuesday. ...

China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. ...

The Council for the Development of Cambodia (CDC) on April 29 announced that it had greenlit final registration certificates for three projects in textile-linked sectors with total capital investment of nearly $19 million that are expected to create 2,005 jobs. ...

Japan has expressed interest in investing on construction of a cosmetic plant in Preah Sihanouk province. ...

The Council for the Development of Cambodia (CDC) said that it has issued investment project registration certificates to three companies worth almost $20 million. ...

The Minister of Commerce has sought more Japanese investments in the Kingdom as Cambodia and Japan are keen to work on negotiations to possibly establish a bilateral free trade agreement. ...

Fishing communities in Kampot and Kep provinces are under threat as a coastal tourism project linked to the wife of a government minister is reportedly moving forward, the Cambodian Center for Human Rights said. ...

Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report.   ...

The China Road and Bridge Corporation (CRBC) has finished a feasibility study for the construction of a waterway and logistic facility along the Bassac River in Phnom Penh. ...

A high percentage of the Covid-19 vaccinated population, and the new investment law put into force last year have helped increase the number of new investment projects in Cambodia. ...

Around 300 garment workers from Canteran Apparel gathered on Veng Sreng Street in Chaom Chao commune’s Trapeang Thleung village of Phnom Penh’s Por Sen Chey district on April 19 to protest recent actions by the owner of the business. ...

Cambodia exported more than $3 billion worth of garments, footwear, travel goods and other textile-related products in the first quarter of 2022, an increase of nearly a quarter compared to the same period last year, according to data from the General Department of Customs and ...

The Council for the Development of Cambodia (CDC) has granted investment licences to four private companies. ...

Prince Bank Plc invested an additional $35 million – totalling $50 million – in the Techo International Airport (TIA) Guaranteed Bond on Thursday. ...

Preparation for the Preah Sihanouk Multi-Purpose Special Economic Zone masterplan is entering into the second phase, which illustrates the future of the plan, once the Ministry of Economy and Finance reviews and finalises the draft results from the report’s first phase. ...

Prime Minister Hun Sen has urged the transport ministry to find ways to upgrade the existing railway to a high-speed system in order to improve logistics infrastructure and facilitate Cambodia’s rapid socio-economic expansion.   ...

Thai discount wholesaler Siam Makro Pcl plans to spend 11 billion baht ($330 million) this year to expand its operations, and open two new Makro stores in Cambodia, 30 in Thailand and three in India, hoping to tap into soaring demand, according to group CEO ...

Prime Minister Hun Sen has reassured UNESCO and the International Coordinating Committee for Safeguarding and Development of the Historic Site of Angkor ( ICC-Angkor) that the heritage of Angkor remains unaffected by development, saying that Cambodia will follow the conditions under which the temple was ...

In the first three months of 2022, from January to March, the Council for the Development of Cambodia (CDC) approved a total of 43 investment projects under an investment of more than $2.4 billion. ...

The General Department of Taxation (GDT) has issued a reminder for foreign companies supplying digital goods, services or any e-commerce activity in Cambodia to fulfil the obligation for Simplified VAT Registration before the April 1 deadline or stand to face fines.​​ ...

Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition.   ...

Cambodia is seeking more economic, trade, and investment ties with Francophonie nations, Prime Minister Hun Sen told visiting Secretary-General of the International Organization of La Francophonie (OIF) Louise Mushikiwabo at a meeting yesterday. ...

Leaders and businesspeople from the Malaysian state of Malacca have vowed to promote investment among compatriots in four target Cambodian sectors – education and vocational training; real estate; mining; and energy, according to the Council for the Development of Cambodia (CDC). ...

Cambodia aims to have “at least 10” operational electric vehicle (EV) charging stations nationwide by end-2022, in the capital and “key provinces”, according to the public works minister on March 22.   ...