CDC approvals rise by 247pc, January to July

The Council for the Development of Cambodia (CDC) approved 75 investment projects worth US$5.5 billion between January and July, according to council statistics. This growth represents a 247 per cent, year-on-year increase in the value of approved investment projects, 60 of which were in the industrial sector. The value of industrial-sector investments approved during the seven-month period totalled about $2.6 billion, compared with $752.4 million during the corresponding period last year.

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