News

Single Portal registrations top 19K

A total of 19,072 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of November 2, the finance ministry reported, in an achievement seen as a reflection of government efforts to improve the ease of ...

May Kunmakara
https://www.phnompenhpost.com/business/single-portal-registrations-top-19k

$25.4M projects to create 6500 jobs

In continuance with the policy to strengthen the Covid pandemic-scarred economy and push for growth, the Council for the Development of Cambodia (CDC) has recently approved projects worth $25.4 million. They are expected to generate around 6,500 job opportunities. ...

Khmer Times Staff
https://www.khmertimeskh.com/501174204/25-4m-projects-to-create-6500-jobs/

$17M tourism project in Kep province approved

The Council for the Development of Cambodia has approved a $17-million tourism development project in Kep province. ...

Chea Vanyuth
https://www.khmertimeskh.com/501162001/17m-tourism-project-in-kep-province-approved/

Phnom Penh biomass power plant now online

A major rice husk biomass power plant in southeastern Phnom Penh’s Chbar Ampov district went online on September 22, marking a significant milestone and a big win for renewable energy in the Kingdom. ...

May Kunmakara
https://www.phnompenhpost.com/business/phnom-penh-biomass-power-plant-now-online

Three new investment projects worth $16.5 million approved

The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $16.5 million in Kampong Speu province and Phnom Penh capital. ...

Khmer Times Staff
https://www.khmertimeskh.com/501149801/three-new-investment-projects-worth-16-5-million-approved/

CDC approves 149 Japanese investment projects as of August 2022

The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment capital of about $2.9 billion as of August 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501147989/cdc-approves-149-japanese-investment-projects-as-of-august-2022/

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/

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