Gov’t Approves Nearly $500M in Investments

Cambodia approved a total of $479.68 million in new investment projects between January and June with more than 70 new ventures in the pipeline, according to date released yesterday by the Council for the Development of Cambodia (CDC). Investments in the garment sector continued to dominate new investments, comprising 49 of 71 total projects at a value of $327.62 million, according to the data. … Of the total number of projects China led all nations, including Cambodia with 19 proposed projects, followed by South Korea and Cambodia with 12 and 14 respectively. …