News

SSEZ’s Q1 imports, exports rise 51%

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) clocked in at $710 million in the first three months of 2022, marking a 50.74 per cent rise year-on-year from $471 million, the operator said in a statement on April 23. ...

Hin Pisei
https://www.phnompenhpost.com/business/ssezs-q1-imports-exports-rise-51

Cambodia receives $2.4 billion worth of FDI in first three months of 2022

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501051822/cambodia-receives-2-4-billion-worth-of-fdi-in-first-three-months-of-2022/

Malacca, Malaysia delegation eyes four local sectors for investment

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). ...

Hin Pisei
https://www.phnompenhpost.com/business/malacca-malaysia-delegation-eyes-four-local-sectors-investment

KOICA plan projects to 2024

Korea International Cooperation Agency (KOICA) has introduced a number of new plans and projects to support Cambodia’s development goals from 2022 to 2024. ...

Nov Sivutha
https://www.phnompenhpost.com/national/koica-plan-projects-2024

CDC okays $2.38B of projects in Jan-Feb

The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes. ...

Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb

Roadmaps drawn up for auto, electronics sectors

The government has drafted official roadmaps for the development of the automotive and electronics sectors in Cambodia, to create more than 22,000 new jobs and raise exports past $2 billion over the next five years. ...

Hom Phanet
https://www.phnompenhpost.com/business/roadmaps-drawn-auto-electronics-sectors

Kingdom-Malaysia trade tops $500M

Cambodia-Malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the Ministry of Commerce. ...

Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m

Cambodia shoots for ‘green ASEAN’: CDC

The Kingdom will strive to increase environmental sustainability and address climate change issues to build a “green ASEAN” and ensure a more resilient and inclusive future, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-shoots-green-asean-cdc

CDC okays $1.3 b multipurpose port in Kampot province

The Council for the Development of Cambodia has approved a massive investment project worth $1.3 billion to develop a logistics and multi-purpose port in Kampot, one of southern Cambodia’s coastal provinces. ...

Chea Vanyuth
https://www.khmertimeskh.com/501010691/cdc-okays-1-3-b-multipurpose-port-in-kampot-province/

$1.9B in new projects get CDC nod

The Council for the Development of Cambodia (CDC) on January 17 announced that it had approved final registration certificates for 10 investment projects across various sectors worth a staggering total of nearly $1.90 billion and expected to create 7,014 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/19b-new-projects-get-cdc-nod

Ten investment projects with a total capital of nearly $1.9 billion receive nod

The Council for the Development of Cambodia (CDC) on January 17, 2022 announced the approval of 10 investment projects with a total capital of nearly $1.9 billion dollars. ...

Khmer Times Staff
https://www.khmertimeskh.com/501008916/ten-investment-projects-with-a-total-capital-of-nearly-1-9-billion-receive-nod/

Single Portal records 10,536 companies in just 19 months

A total of 10,536 companies have been successfully registered as of January 12 on the government’s online business registration system, also known as the Single Portal, in the 19 months since its launch in mid-2020. ...

Hin Pisei
https://www.phnompenhpost.com/business/single-portal-records-10536-companies-just-19-months

Firm dips into marine fish farming on pair of Preah Sihanouk islands

Jin Yu Tang (Cambodia) Fishery Co Ltd plans to splash out an unspecified amount on “marine fish aquaculture in submerged cages”, on Preah Sihanouk province’s Koh Dek Koul and Koh Thas islands, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon on January 11. ...

Nov Sivutha
https://www.phnompenhpost.com/business/firm-dips-marine-fish-farming-pair-preah-sihanouk-islands

Cambodia approves nine new investment projects with a capital of more than $43 million

The Council for the Development of Cambodia (CDC) on January 12, 2022 announced nine new investment projects that have been approved. The nine investment projects have a capital of more than $43 million and can create jobs for more than 10,000 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501006166/cambodia-approves-nine-new-investment-projects-with-a-capital-of-more-than-43-million/

New non-SEZ projects fall 24.11%

Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year ...

Hin Pisei
https://www.phnompenhpost.com/business/new-non-sez-projects-fall-2411

Working group on investment, economy set up with China

Cambodia and China have decided to set up an investment and economic cooperation working group to promote the Belt and Road Initiative (BRI), as well as strengthen investment and prop up bilateral economic and trade ties. ...

Hom Phanet
https://www.phnompenhpost.com/business/working-group-investment-economy-set-china

Investment law, FTA to boost Cambodia-Korea ties: envoys

South Korean ambassador to Cambodia Park Heung-kyeong is highly optimistic that the new Cambodian investment law and free trade agreement (FTA) signed between the two countries would be important factors in enhancing bilateral trade and encouraging more direct investment flows from South Korea to the ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-law-fta-boost-cambodia-korea-ties-envoys

$550M of investment projects get CDC nod

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...

Hin Pisei
https://www.phnompenhpost.com/business/550m-investment-projects-get-cdc-nod

146 Japanese investment projects registered at CDC

The Council of the Development of Cambodia (CDC) approved 146 Japanese qualified investment projects (QIP) as of October with a total investment capital of $2.853 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/50970276/146-japanese-investment-projects-registered-at-cdc/

Investment law to guide recovery, FTA uptake

The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...

Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake

CDC signs off on seven factories

The Council for the Development of Cambodia (CDC) on October 22 announced that it has approved final registration certificates for seven new projects with capital investment of around $95 million, which could generate a reported 5,311 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-signs-seven-factories

Investment fabric ‘vital to LDC recoveries’

Facilitating investment flows to least developed and developing countries and creating favourable investment environments is necessary to support and accelerate economic recovery in the post-Covid-19 era, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea on October 22. ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-fabric-vital-ldc-recoveries

CDC approves $3.3 billion worth of investment projects in first three quarters

The Council for the Development of Cambodia (CDC) approved a total of 134 investment projects with a cumulative investment value of $3.3 billion in the January-September period. ...

Khmer Times Staff
https://www.khmertimeskh.com/50952546/cdc-approves-3-3-billion-worth-of-investment-projects-in-first-three-quarters/

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