News

CDC share Cambodia’s efforts to enhance business environment

Sun Chanthol first vice-president of The Council for the Development of Cambodia (CDC), stated that Cambodia is continuing to push for improvements in all sectors to enhance the business environment and increase the potential to attract more foreign direct investment. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-share-cambodia-s-efforts-to-enhance-business-environment

CDC leader: Faster diversification key to 2050 economic vision

A senior government official has highlighted the importance of increasing the speed of Cambodia’s economic diversification is essential to achieving its 2050 vision of becoming a high-income country. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-leader-faster-diversification-key-to-2050-economic-vision

Additional Chinese firms eying up investment in Kingdom

A delegation representing 18 large Chinese companies has expressed interest in investment opportunities in Cambodia, noting that the Kingdom requires foreign capital in several sectors, particularly for planting, producing, and processing goods to meet both domestic and export demand. ...

Hin Pisei
https://www.phnompenhpost.com/business/additional-chinese-firms-eying-up-investment-in-kingdom

CDC to simplify business registration to lure investment

The Council for the Development of Cambodia (CDC) is in the process of improving the ease of doing business in Cambodia aimed at attracting foreign investment as companies are likely to switch locations amid trade war pressure, said Sun Chanthol, Deputy Prime Minister and First ...

Chea Vanyuth
https://www.khmertimeskh.com/501635801/cdc-to-simplify-business-registration-to-lure-investment/

CDC report January project approvals up 300% on 2023

In January 2025, the Council for the Development of Cambodia (CDC) approved 68 investment projects with a total capital of approximately $748 million, representing an increase of about 300% over January 2024. China continues to account for the highest number of foreign direct investment projects, ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-report-january-project-approvals-up-300-on-2023

CDC reviewing 12 major projects, $135 million capital investment

A total of 12 investment projects, with a total capital of $135 million and the potential to create 7,000 jobs, are currently under review by the Council for the Development of Cambodian (CDC). ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-reviewing-12-major-projects-135-million-capital-investment

SEZs continue to drive investment, 10 new zones approved in 2024

Political stability and strong economic growth have been attributed to Cambodia’s strong economic growth, with ten new Special Economic Zones (SEZs) established in 2024, with a total registered capital of approximately $850 million. ...

Hin Pisei
https://www.phnompenhpost.com/business/sezs-continue-to-drive-investment-10-new-zones-approved-in-2024

China remains Cambodia’s largest FDI source

China has been Cambodia’s largest source of foreign investment, accounting for almost 50 percent of the total investment amount last year, according to a report from the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501623409/china-remains-cambodias-largest-fdi-source/

CDC approves 10 SEZ investment projects worth $850 million

The Council for the Development of Cambodia (CDC) approved 10 special economic zone (SEZs) investment projects worth $850 million in 2024, creating approximately 4,000 jobs, said a CDC report on Friday. ...

Sum Manet
https://www.khmertimeskh.com/501623262/cdc-approves-10-sez-investment-projects-worth-850-million/

CDC approves nearly 400 investment projects worth over $7.5 billion in one year

From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501549890/cdc-approves-nearly-400-investment-projects-worth-over-7-5-billion-in-one-year/

CDC, Chinese embassy agree to beef up infra investment

The Council for the Development of Cambodia (CDC) and the Embassy of the People’s Republic of China in Cambodia (ECC) Wednesday discussed ways to take the existing diplomatic ties between the two countries to the next level by promoting investment activities and supporting the development ...

N​h​e​an​ C​ham​ron​g​
https://www.khmertimeskh.com/501529679/cdc-chinese-embassy-agree-to-beef-up-infra-investment/

Cambodia plans for transition out of LDC status

Cambodia highlighted its Development Cooperation and Partnership Strategy (DCPS 2024-2028) during a 2024 high level political forum on sustainable development under the theme “reinforcing the 2030 agenda and eradicating poverty in times of multiple crisis”. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501526910/cambodia-plans-for-transition-out-of-ldc-status/

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/

Cambodia-Korea Special Economic Zone on cards

Top Royal Government of Cambodia (RGC) officials and a delegation of the Embassy of the Republic of Korea in Cambodia Thursday held talks on the possibility of setting up the Cambodia-Korea Special Economic Zone (Cam-Kor SEZ). ...

Nhean Chamrong
https://www.khmertimeskh.com/501511538/cambodia-korea-special-economic-zone-on-cards/

25 investment projects worth over $246 million approved by CDC in May

In May 2024, the Council for the Development of Cambodia (CDC) approved 24 new projects and one production expansion project with a total investment of more than $246 million, creating about 15,000 jobs. ...

Khmer Times Staff
https://www.khmertimeskh.com/501503519/25-investment-projects-worth-over-246-million-approved-by-cdc-in-may/

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). ...

Ry Sochan
https://www.phnompenhpost.com/business/chinese-financing-nears-50-of-total-investment-in-may-us-lags-at-less-than-1-

FASMEC urges CDC to link activities with SMEs

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) – a non-profit organisation – on Monday proposed the Council for the Development of Cambodia (CDC) to promote local enterprises by allowing the delegation to take part in the overseas trip, luring foreign ...

Nhean Chamrong
https://www.khmertimeskh.com/501500215/fasmec-urges-cdc-to-link-activities-with-smes/

Chanthol pushes for export of pepper, bananas into US market

Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) urged Patrick Murphy, Executive Vice President of Rice and Grain Global Sourcing at Otis McAllister to consider the possibility of exporting more agricultural products into the United States ...

Nhean Chamrong
https://www.khmertimeskh.com/501501033/chanthol-pushes-for-export-of-pepper-bananas-into-us-market/

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/

CDC, CCC review 19th G-PSF progress

The Council for the Development of Cambodia (CDC) in collaboration with the Cambodia Chamber of Commerce (CCC) organised a meeting to review the progress of the 19th Government-Private Sector Forum (19th G-PSF). ...

Nhean Chamrong
https://www.khmertimeskh.com/501492411/cdc-ccc-review-19th-g-psf-progress/

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