CDC okays $103.3M in new projects

The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...

Hin Pisei

Isuzu vehicle assembly plant inaugurated in K Speu

K (Cambodia) Co Ltd on March 29 officially inaugurated an Isuzu vehicle assembly plant in eastern Kampong Speu province, in response to growing demand and in a bid to expand the brand’s presence in Cambodia. ...

May Kunmakara

3,748 new factories opened last year

Some 3,748 new factories were opened last year providing jobs for 147,000 workers but 59,000 others were left unemployed when 491 factories closed down. ...

Tith Kongnov

Vehicle assembly investments roll into Kingdom

At least five investment projects on vehicle assembly have been approved and the constructions are set to be completed soon in Cambodia. ...

Chea Vanyuth

CDC pitches ‘Plus One’ to Japan investors

A senior investment official has reiterated a request for Japanese investors to ramp up their commitments to the Cambodian market, recommending a Thailand or Vietnam “Plus One” business approach, amid a government-spearheaded push towards deeper integration into regional and global supply chains. ...

Hin Pisei

Cambodia, Germany explore investment diversification

German delegation led by Michael Keller, Secretary of State of the Federal Ministry of Economic Affairs and Climate Action yesterday called on Sok Chenda Sophea, Minister attached to Prime Minister and Secretary General of the Council for the Development of Cambodia (CDC)—the highest decision making ...

Kang Sothear

Cambodia clears 9 investment plans in garment, footwear, travel goods

The Cambodian Investment Board under the Council for the Development of Cambodia (CDC) recently approved investment proposals for 11 more companies, creating 11,000 jobs. The companies will have a total investment of $57.3 million. Nine of these are in the garment, footwear and travel goods ...

Khmer Times Staff

At least 444 firms okayed for Single Portal by Phase II agencies

At least 444 companies have been approved by the four second-phase agencies for registration on the Online Business Registration Platform, also known as the “Single Portal”, which observers claim has created a good environment for businesspeople, offering convenience and reducing informal costs. ...

May Kunmakara

South Korea investment sought as five MoUs signed

Two high-ranking Cambodian officials have issued fresh rallying calls for South Korean entities to invest in the Kingdom and take advantage of its bilateral and multilateral trade pacts, especially the Cambodia-Korea Free Trade Agreement (CKFTA) that took effect on December 1. ...

May Kunmakara and Van Socheata

Projects worth $16 million to create over 4.6K jobs

Investment projects worth $16 million are expected to create more than 4,600 jobs in Cambodia as the Council for the Development of Cambodia (CDC) last week gave the project registration certificate to three companies. ...

Adur Pradeep

$4.685 billion investment projects approved in 2022

The Council for the Development of Cambodia (CDC) approved fixed asset investment projects worth over $4.685 billion in 2022, up 7 percent as compared to a year before. ...

Chea Vanyuth

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

$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

$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

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

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

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

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

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

$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

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