Investment

The Kingdom is becoming more attractive than ever for fashion companies that are looking to diversify their supply chains in response to the escalating trade war between the US and China, industry experts say. ...

Prime Minister Hun Sen on Tuesday told Chinese companies investing in Cambodia not to worry about contract cancellation in the Kingdom. Speaking at a roundtable meeting with business executives in China as co-chair of the China-Asean Expo, the prime minister told six Chinese conglomerates with ...

In August 2014, China Wind Global Investment Group Co., Ltd. officially landed in Cambodia and opened another new voyage of its “Belt and Road”. It is reported that “China Wind Global Investment Group” was established in August 2013 and was established after Chinese President Xi ...

Union Development Group (UDG), the Chinese developer behind Koh Kong province’s $3.8 billion tourism project called Dara Sakor, has unveiled plans for yet another project called “Tourism Vacation Town”. The announcement comes despite the company releasing little information about its previously touted venture. ...

Officials from Kampong Speu province will inspect the 45 hectares under dispute between 17 families and two companies, which had been acquired for development purposes. ...

The Council for the Development of Cambodia (CDC) has approved a more than $68 million hotel project in Poipet town, it said on Friday. The project, funded by Boonma Heng Co Ltd, aims to build the first four-star hotel in the province, complete with 392 ...

The Minister of Commerce Pan Sorasak urged a Hunan-based company to take advantage of the vast, untapped potential in the agricultural sector and to invest in an export processing plant in Battambang. ...

The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...

The Kingdom ranked second in the first half of the year for overseas Vietnamese investments, receiving about $32 million of the total $263 million outflow from the eastern neighbour. The Vietnamese General Statistics Office (GSO) said from January to June this year, that country’s businesses ...

Prime Minister Hun Sen defended Chinese support and investment in Cambodia on Monday at the inauguration of an overpass in Phnom Penh, hailing the two nations’ “partnership in comprehensive strategies”. During the inauguration of the Dey Hoy Sky Bridge in the capital’s Sen Sok district, ...

Shanghai-based Join.In Hospitality Management (JHM) has revealed plans to expand its Tonino Lamborghini Hotel & Resort – a luxury hotel chain – by opening a hotel in Siem Reap, its first outside China. In a press release, JHM announced earlier this week that it has ...

A new joint venture of local and international companies will result in the creation of the biggest data centre in the country, boosting the Kingdom’s capabilities to provide digital and cloud services. ...

A Chinese-owned depot for furniture and construction materials officially open yesterday in Kandal province, 20 kilometres from downtown Phnom Penh.​ ...

More than 6,000 mostly Chinese attendees witnessed the inauguration ceremony of a $1 billion Sihanoukville resort project called Wisney World in the capital on Wednesday. The event on Koh Pich, attended by several senior Cambodian government officials, is a joint venture between China’s AMC International ...

The Council for the Development of Cambodia (CDC) on Thursday announced it has approved four projects so far in June, amounting to $1.9 billion. CDC posted in its Facebook page that since the beginning of the month it has issued final registration certificates for four ...

The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, announced on Thursday that it had approved four projects with a combined total capital investment of nearly $2 billion. It said the four projects would create 11,193 jobs. ...

Plans appear to be in the works to develop a central stretch of prime riverfront real estate currently owned by a state-run enterprise into a sprawling commercial development, according to sources involved with the landowner, though key government officials professed to be in the dark ...

Prime Minister Hun Sen used a speech inaugurating a Chinese-funded university in Kratie on Wednesday to defend Chinese investment in Cambodia, which has come under fire in recent months both for its adverse economic side effects and its perceived potential for political influence. ...

The Council for the Development of Cambodia (CDC) has preliminarily issued final registration certificates for 35 projects with a combined investment capital of $444 million from January to the end of last month. Once operational, the projects are expected to provide more than 30,335 jobs. ...

Hong Kong’s top economic official will lead a 48-person delegation to Cambodia on Monday and Tuesday to explore business opportunities related to China’s Belt and Road Initiative, according to a release from the official’s office. ...

The validation agreement between China’s State Intellectual Property Office (Sipo) and Cambodia will enter into force by the end of this month, helping protect Chinese invention patents in the kingdom. ...

Local group OTK Royal One signed a partnership agreement this week with Chinese firm Huasi Group to build a 62-storey commercial building in Phnom Penh. ...

Local real-estate firm Grand Lion Group reached a deal with US-based Marriott group to manage and operate a new five-star hotel in the coastal city of Sihanoukville. ...

A new cement factory in Battambang province will come online on Friday with an annual production capacity of 1.7 million tonnes of cement, according to Mines and Energy Minister Suy Sem. “We will have finished four cement factories that can produce nearly 7 million tones ...