Investment
Investment policy and regulations
Chanthol points up 4 key factors for FDI attraction
Peace, political stability, macroeconomic stability and multilateral and bilateral free trade agreements have played a critical role in attracting foreign direct investment (FDI) and fostering economic growth in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice- President of Council for the Development ...
Chea Vanyuth
https://www.khmertimeskh.com/501577098/chanthol-points-up-4-key-factors-for-fdi-attraction/
Cambodia eyes boost in Australian investment
Australian ambassador to Cambodia Derek Yip expressed interest in Cambodia’s infrastructure development plans, as trade between the two countries exceeded $220 million in the first three quarters of 2024. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-eyes-boost-in-australian-investment
Korean Ambassador praises Cambodia’s investment policy
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. ...
Chea Vanyuth
https://www.khmertimeskh.com/501540926/korean-ambassador-praises-cambodias-investment-policy/
Chinese investors lead with nearly $400 million in July investment
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. ...
Niem Chheng
https://www.phnompenhpost.com/business/chinese-investors-lead-with-nearly-400-million-in-july-investment
CCC plans to establish EU liaisons
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. ...
Chea Vanyuth
https://www.khmertimeskh.com/501529677/ccc-plans-to-establish-eu-liaisons/
Support sought to increase investments from Malaysia
Khuon Sudary, President of the National Assembly on Monday requested the Malaysian ambassador to Cambodia to help boost bilateral cooperation between the two parliaments and boost investment, trade and human resource training. ...
Mom Kunthear
https://www.khmertimeskh.com/501516302/support-sought-to-increase-investments-from-malaysia/
Cambodia, Japan committed to enhance investment cooperation
The Ministry of Foreign Affairs and International Cooperation (MFAIC) and the Ministry of Foreign Affairs of Japan (MOFA) Friday agreed to reinforce the Comprehensive Strategic Partnership (CSP) to enhance cooperation and attract more Japanese businessmen to invest in Cambodia. ...
Nhean Chamrong
https://www.khmertimeskh.com/501515570/cambodia-japan-committed-to-enhance-investment-cooperation/
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
Qingdao-based tyre manufacturer announces Kingdom investment plans
Chinese publicly-listed manufacturer, Mesnac Co., Ltd, announced plans this month to invest in a new manufacturing facility in Cambodia focussed on the production of tyre mould products. ...
James Whitehead
https://www.khmertimeskh.com/501512148/qingdao-based-tyre-manufacturer-announces-kingdom-investment-plans/
Chinese financing nears 50% of total investment in May, US lags at less than 1%
In May, Chinese investment in Cambodia accounted for almost 50% of total financing, with domestic investment accounting for over 30%, while the US lagged behind at less than one per cent, according to the Council for the Development of Cambodia (CDC). ...
Govt denounces illegal property developments, warns investors
Several residential housing projects in Phnom Penh and Siem Reap have been under fire from government authorities recently, with actions taken against illegitimate developments and local buyers warned to conduct due diligence before committing to property purchase agreements. ...
James Whitehead
https://www.khmertimeskh.com/501501018/govt-denounces-illegal-property-developments-warns-investors/
41 Sihanoukville projects get special investment incentives
In all, 41 projects have so far qualified for incentives under the ‘Special Investment Promotion Programme for Sihanoukville,’ initiated by Prime Minister Hun Manet in January this year, mainly to solve the issue of unfinished and abandoned constructions in the coastal city since 2019. ...
Manoj Mathew
https://www.khmertimeskh.com/501499477/41-sihanoukville-projects-get-special-investment-incentives/
Cambodia seeks Chinese investment in EV sector
Cambodia has invited Chinese investors to look into the opportunities unfolding in the electric vehicle (EV) sector in the country. ...
Manoj Mathew
https://www.khmertimeskh.com/501498921/cambodia-seeks-chinese-investment-in-ev-sector/
Cambodia tops emerging markets FDI index 2024
Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. ...
James Whitehead
https://www.khmertimeskh.com/501492453/cambodia-tops-emerging-markets-fdi-index-2024/
New companies of KIAF aim to expand business operations and invest in furniture, engineering, and automotive sectors in Cambodia
Cambodia Prime Minister Hun Manet paid a courtesy call to MARN Ki-jeong, President of the Korea Industrial Alliance Forum (KIAF), during his official visit to Seoul, Republic of Korea, on May 17, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501490369/new-companies-of-kiaf-aim-to-expand-business-operations-and-invest-in-furniture-engineering-and-automotive-sectors-in-cambodia/
Chinese firms plan to invest in Cambodia’s silk industry
A delegation from the International Silk Union (ISU) and the Cathaya Group, a Chinese company specialised in silk textiles and biotechnology, met with the Council for the Development of Cambodia (CDC) on Monday to discuss the possibility of expanding investment projects in the silk and ...
Nhean Chamrong
https://www.khmertimeskh.com/501488410/chinese-firms-plan-to-invest-in-cambodias-silk-industry/
Hainan Litree plans to invest up to $100 million in Cambodia’s Clean Water Sector
On May 10, Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), received representatives from Hainan Litree Purifying Technology Co., Ltd. and discussed the company’s interest in expanding its investment in Cambodia’s clean water sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501486640/hainan-litree-plans-to-invest-up-to-100-million-in-cambodias-clean-water-sector/
14 projects worth $213M approved in Sihanoukville
Another 14 projects worth $213 million received approval in Cambodia’s coastal city Sihanoukville recently which included 10 projects for reviving the construction of stalled buildings under the ‘Special Investment Promotion Program’ for the city, launched by Prime Minister Hun Manet earlier in January. ...
Manoj Mathew
https://www.khmertimeskh.com/501481583/14-projects-worth-213m-approved-in-sihanoukville/
Cambodia mulls DTA talks with seven countries
Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...
Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/
Govt calls for investment in electric vehicles industry
Amid the rising trend of renewable energy demand and the use of electric vehicles (EVs) in the Kingdom, the Royal Government of Cambodia (RGC) asked businessmen to seize the opportunity by investing in the EV-related industry that comes with a range of benefits for both ...
Nhean Chamrong
https://www.khmertimeskh.com/501470294/govt-calls-for-investment-in-electric-vehicles-industry/
CHN Energy to explore renewable power potential in Kingdom
CHN Energy Investment Group Co. LTD, a state-owned mining and energy company in China, has proposed energy investment focusing on renewable power sources – solar PV and hydropower dams. ...
Chea Vanyuth
https://www.khmertimeskh.com/501470291/chn-energy-to-explore-renewable-power-potential-in-kingdom/
‘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/
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/