News

Chinese firms show feasibility of Light Railway connecting airport, metro in Phnom Penh

The feasibility of a Light Railway line connecting Phnom Penh to the new airport and planned city metro (subway) was presented by the China Metro Group and Guangzhou Metro Group to the Inter-Ministry Committee of Cambodia on Saturday, said the Council for the Development of ...

Rachel David
https://www.khmertimeskh.com/501457950/chinese-firms-show-feasibility-of-light-railway-connecting-airport-metro-in-phnom-penh/

Incentives await investors spending for skills training

A set of incentives awaits investors who can provide skills development training for employees in their Cambodia businesses, reminded the Council for the Development of Cambodia (CDC) recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501457946/incentives-await-investors-spending-for-skills-training/

CDC, CYEAD discuss investment opportunities

Delegates from the Cambodia Young Entrepreneurs Association for Development (CYEAD) on Friday meet with senior officials of the Council for the Development of Cambodia (CDC) in Phnom Penh to explore investment opportunities. ...

Rachel David
https://www.khmertimeskh.com/501457408/cdc-cyead-discuss-investment-opportunities/

CDC looks to attract investment from Australia

The Council for the Development of Cambodia (CDC) on Wednesday said that it working towards attracting investment partners from Australia. ...

Rachel David
https://www.khmertimeskh.com/501451818/cdc-looks-to-attract-investment-from-australia/

Kingdom’s port sees remarkable rise in container throughput

The state-owned port Sihanoukville Autonomous Port (PAS) witnessed remarkable growth in container throughput in 2023, according to the annual report of the Ministry of Public Works and Transport on Friday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501449704/kingdoms-port-sees-remarkable-rise-in-container-throughput/

Multimillion dollar investments approved in Sihanoukville

Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...

Meas Molika
https://kiripost.com/stories/multimillion-dollar-investments-approved-in-sihanoukville

OBRS listing nears 34,000, $10B capital

The total number of companies enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost 34,000 as of February 25, as reported by OBRS. ...

Hin Pisei
https://www.phnompenhpost.com/business/obrs-listing-nears-34-000-10b-capital

CDC improves QIP application process for foreign investors

The Council for the Development of Cambodia (CDC) is seeking to make it easier for foreign firms to register as applicants for Qualified Investment Projects (QIP) in Cambodia through improvements to the online registration system. ...

James Whitehead
https://www.khmertimeskh.com/501446568/cdc-improves-qip-application-process-for-foreign-investors/

Kingdom, New Zealand keen on building up development policies

The Council for the Development of Cambodia (CDC) and the New Zealand Embassy to Cambodia on Monday organised a joint discussion to further promote bilateral development cooperation programmes responding to the needs of the Kingdom and other ASEAN countries. ...

Nhean Chamrong
https://www.khmertimeskh.com/501447222/kingdom-new-zealand-keen-on-building-up-development-policies/

Cambodia seeks to boost investment from Australia

Ahead of Prime Minister Hun Manet’s scheduled visit to Australia next month, private sector along with relevant ministries and institutions are working on the modalities to attract investment partners from Australia and boost exports to Australia of semi-finished and processed products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501445998/cambodia-seeks-to-boost-investment-from-australia/

Chanthol takes stock of Stung Bot int’l gate, SEZs in B Meanchey

Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Sun Chanthol on Saturday led a delegation to inspect the progress made at the Stung Bot international gate – connecting Thailand – as well as the companies currently operating in ...

Nhean Chamrong
https://www.khmertimeskh.com/501446004/chanthol-takes-stock-of-stung-bot-intl-gate-sezs-in-b-meanchey/

CDC registered 22 investment projects worth $444 million in the first 15 days of February 2024

In the 15 days of February 2024, the Council for the Development of Cambodia (CDC) decided to issue certificates for the registration of 22 qualified investment projects with a total investment capital of more than $444 million. This is according to the report from the ...

Khmer Times Staff
https://www.khmertimeskh.com/501442338/cdc-registered-22-investment-projects-worth-444-million-in-the-first-15-days-of-february-2024/

Thai businessmen likely to invest $1B in Cambodia

A week after Prime Minister Hun Manet concluded his first official trip to Thailand, hundreds of Thai businessmen have shown keen interest in exploring investment opportunities in three potential projects across Cambodia in early March to the tune of $1 billion. ...

Nheng Chamrong
https://www.khmertimeskh.com/501442027/thai-businessmen-likely-to-invest-1b-in-cambodia/

DPM Sun Chanthol: New investment projects in January reflects investors’ confidence on Royal Government

Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...

Khmer Times Staff
https://www.khmertimeskh.com/501435872/dpm-sun-chanthol-new-investment-projects-in-january-reflects-investors-confidence-on-royal-government/

CDC, KOICA hold first bilateral meeting in 2024 on development cooperation in Cambodia

The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...

Khmer Times Staff
https://www.khmertimeskh.com/501429533/cdc-koica-hold-first-bilateral-meeting-in-2024-on-development-cooperation-in-cambodia/

10 investment projects worth $60m given green light

On Wednesday, the Council for the Development of Cambodia (CDC) announced the release of 10 investment projects worth $60 million in textile, garment, footwear, and manufacturing industries, creating 12,695 jobs. ...

Yatt Malai
https://kiripost.com/stories/10-investment-projects-worth-60m-given-green-light

Ten investment projects worth over $60 million registered at CDC

Council for the Development of Cambodia (CDC) has decided to issue licences to ten investment projects with a total investment capital of more than $60 million, as of Jan. 15. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425808/ten-investment-projects-worth-over-60-million-registered-at-cdc/

China and Cambodia sign ‘$1billion rubber & tire projects’ agreement

Cambodian and Chinese officials have signed an MoU concerning plans to invest $1 billion (€910 million) in joint rubber & tire projects, Cambodia Development Council (CDC) has announced. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423710/china-and-cambodia-sign-1billion-rubber-tire-projects-agreement/

South Korean investors eye automotive expansion

South Korean investors have shown a strong interest in expanding their investment in the automotive sector, according to the Council for the Development of Cambodia (CDC). ...

Van Socheata
https://www.phnompenhpost.com/business/south-korean-investors-eye-automotive-expansion

South Korean investors eye automotive expansion

South Korean investors have shown a strong interest in expanding their investment in the automotive sector, according to the Council for the Development of Cambodia (CDC). ...

Van Socheata
https://www.phnompenhpost.com/business/south-korean-investors-eye-automotive-expansion

Cart Tire revving up to raise capital investment to $700M

A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m

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