News

Cambodia permits projects worth over $140 million, including in textiles

The Council for the Development of Cambodia (CDC), which is Cambodia’s highest decision-making body for large-scale investments, has given the go-ahead to 17 investment projects involving a total of $141.72 million – plus or minus $0.805 million to account for rounding – that are expected ...

Khmer Times Staff
https://www.khmertimeskh.com/501145062/cambodia-permits-projects-worth-over-140-million-including-in-textiles/

CDC greenlights 17 projects worth over $140M in Aug as investments diversify

The Council for the Development of Cambodia (CDC) has approved five new projects in solar panel manufacturing, healthcare, tourism, mining, and textiles, with total investment of more than $82 million that are expected to create nearly 2,000 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-17-projects-worth-over-140m-aug-investments-diversify

$17M investment projects in Kandal, P Sihanouk provinces

Aiding the job prospects and investment potential in two provinces in the country, the Council for the Development of Cambodia (CDC) gave approval for four new investment projects worth $17 million. ...

Adur Pradeep
https://www.khmertimeskh.com/501135969/17m-investment-projects-in-kandal-p-sihanouk-provinces/

Cambodia attracts $3 billion investment in first half

Cambodia attracted a fixed-asset investment of almost $3 billion in the first half of this year, reflecting the firm confidence of investors in the Kingdom’s growth prospects. ...

Chea Vanyuth
https://www.khmertimeskh.com/501118473/cambodia-attracts-3-billion-investment-in-first-half/

$84.5​ million investment project approved to produce solar panels

The Council for the Development of Cambodia (CDC) has approved an investment project worth $84.5 million that will need about 1,000 workers to manufacture solar panels in an industrial zone in Kratie province, according to a release by the CDC. ...

Kang Sothear
https://www.khmertimeskh.com/501115792/84-5-million-investment-project-approved-to-produce-solar-panels/

CDC fast-tracks work on auto, electronics industry roadmap

The government is revving up the preparation of an official singular roadmap for the development of the automotive and electronics sectors, which industry insiders expect will provide additional tax incentives to encourage electric vehicle (EV) adoption and imports. ...

Hom Phanet
https://www.phnompenhpost.com/business/cdc-fast-tracks-work-auto-electronics-industry-roadmap

Investments in Kingdom rise by 7 percent in Q1

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...

Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/

Projects worth nearly $24 million approved by CDC

The Council for the Development of Cambodia (CDC) has just approved four new investment projects with a total investment of nearly $24 million that will create more jobs in the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501093977/projects-worth-nearly-24-million-approved-by-cdc/

January-May rubber exports bounce up 3% on-year

Cambodia exported more than 100,000 tonnes of natural rubber latex in the first five months of 2022, an increase of three per cent year-on-year, amid a four per cent drop in the wholesale going-rate for the milky-white exudate at top-quality, according to the General Directorate ...

Hom Phanet
https://www.phnompenhpost.com/business/january-may-rubber-exports-bounce-3-year

Jan-May CDC approvals $2.66B

The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-may-cdc-approvals-266b

EU allocates $1.5 billion for Cambodia

The European Union (EU) has allocated $1.5 billion to implement a joint development cooperation strategy for Cambodia from 2021 to 2027, a press release said. ...

Kang Sothear
https://www.khmertimeskh.com/501078755/eu-allocates-1-5-billion-for-cambodia/

Cambodia, KOICA discuss request survey of new projects for 2024

The Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB / CDC) and Korea International Cooperation Agency (KOICA) held a roundtable dialogue here on May 16 to review request survey of new projects for 2024 in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501076896/cambodia-koica-discuss-request-survey-of-new-projects-for-2024/

Cambodia approves fixed asset investment projects worth $2.46 billion in 4 months

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501068949/cambodia-approves-fixed-asset-investment-projects-worth-2-46-billion-in-4-months/

CDC okays three textile-linked projects worth $19M

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. ...

Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-three-textile-linked-projects-worth-19m

Three investment projects worth almost $20 million approved by CDC

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

Khmer Times Staff
https://www.khmertimeskh.com/501066932/three-investment-projects-worth-almost-20-million-approved-by-cdc/

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

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