News

New non-SEZ projects fall 24.11%

Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year ...

Hin Pisei
https://www.phnompenhpost.com/business/new-non-sez-projects-fall-2411

Working group on investment, economy set up with China

Cambodia and China have decided to set up an investment and economic cooperation working group to promote the Belt and Road Initiative (BRI), as well as strengthen investment and prop up bilateral economic and trade ties. ... ...

Hom Phanet
https://www.phnompenhpost.com/business/working-group-investment-economy-set-china

Investment law, FTA to boost Cambodia-Korea ties: envoys

South Korean ambassador to Cambodia Park Heung-kyeong is highly optimistic that the new Cambodian investment law and free trade agreement (FTA) signed between the two countries would be important factors in enhancing bilateral trade and encouraging more direct investment flows from South Korea to the ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-law-fta-boost-cambodia-korea-ties-envoys

$550M of investment projects get CDC nod

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...

Hin Pisei
https://www.phnompenhpost.com/business/550m-investment-projects-get-cdc-nod

146 Japanese investment projects registered at CDC

The Council of the Development of Cambodia (CDC) approved 146 Japanese qualified investment projects (QIP) as of October with a total investment capital of $2.853 billion. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/50970276/146-japanese-investment-projects-registered-at-cdc/

Investment law to guide recovery, FTA uptake

The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ... ...

Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake

CDC signs off on seven factories

The Council for the Development of Cambodia (CDC) on October 22 announced that it has approved final registration certificates for seven new projects with capital investment of around $95 million, which could generate a reported 5,311 jobs. ... ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-signs-seven-factories

Investment fabric ‘vital to LDC recoveries’

Facilitating investment flows to least developed and developing countries and creating favourable investment environments is necessary to support and accelerate economic recovery in the post-Covid-19 era, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea on October 22. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-fabric-vital-ldc-recoveries

CDC approves $3.3 billion worth of investment projects in first three quarters

The Council for the Development of Cambodia (CDC) approved a total of 134 investment projects with a cumulative investment value of $3.3 billion in the January-September period. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/50952546/cdc-approves-3-3-billion-worth-of-investment-projects-in-first-three-quarters/

75 investment projects approved in first eight months this year

The Council for the Development of Cambodia approved 75 private investment projects outside special economic zones during the first eight months of the year, a year-on-year decrease of 28 percent. ... ...

Chea Vanyuth
https://www.khmertimeskh.com/50948049/75-investment-projects-approved-in-first-eight-months-this-year/

Industrial development: empowering women in Cambodia

“I want to tell other women, be confident in yourself, believe in what you do, persevere and speak up, speak up and speak up. Not only men but also women, like my case, are able to influence the process and redirect the orientation of the ...

Khmer Times Staff
https://www.khmertimeskh.com/50945337/industrial-development-empowering-women-in-cambodia/

Deal on food investment signed with Australia

Cambodia and Australia have signed a memorandum of understanding (MoU) on the financing arrangements for an Agri-Food Investment Desk (AFID) at the Council for the Development of Cambodia (CDC), aimed at creating jobs and improving standards in farming. ... ...

Michael Firn
https://www.khmertimeskh.com/50944283/deal-on-food-investment-signed-with-australia/

Cambodia grants investment licences to three new projects worth $15 million

Three new projects with a total capital of $15.1 million have been approved by the Council for the Development of Cambodia (CDC). This continues to give confidence to job seekers that though loss of employment because of the pandemic forcing many industries to cut workforce, ...

Khmer Times Staff
https://www.khmertimeskh.com/50939994/cambodia-grants-investment-licences-to-three-new-projects-worth-15-million/

Oz pledges $66M for economic resilience

Australia plans to provide about A$90 million (US$66 million) in funding to Cambodia for a new bilateral project dubbed “Resilience Economic Development”, according to the Council for the Development of Cambodia (CDC) on September 15. ... ...

Thou Vireak
https://www.phnompenhpost.com/business/oz-pledges-66m-economic-resilience

2nd phase of business registration system up

The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ... ...

Thou Vireak
https://www.phnompenhpost.com/business/2nd-phase-business-registration-system

CDC hosts Japan investor meet

The Council for the Development of Cambodia (CDC) has approved a cumulative 211 Japanese investment projects as of July 31 worth about $3.14 billion since its inception in 1994, according to the CDC. ... ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-hosts-japan-investor-meet

Four agencies join Single Portal for new phase

The Ministry of Economy and Finance on September 1 is due to deploy Phase II of its online business registration platform, also known as the “Single Portal”, it said in a press release. ... ...

Thou Vireak
https://www.phnompenhpost.com/business/four-agencies-join-single-portal-new-phase

Japanese investments to diversify economy praised

The 22nd Cambodia-Japan Joint Committee met via video conference with more than 130 members of the private sector in attendance this week. Discussions focused on minimum wage, taxes, logistics, energy supply, automobile imports, human resource development and organising workshops to better understand supply chains, according ...

Husain Haider
https://www.khmertimeskh.com/50927114/japanese-investments-to-diversify-economy-praised/

CDC endorses 12 projects worth over $79M as of Aug 23

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 12 projects with capital investment of over $79 million this month as of August 23, which could generate a reported 4,048 new jobs. ... ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-endorses-12-projects-worth-over-79m-aug-23

$2.4 million bag and shoe factory gets CDC’s nod

The Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co  Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. ... ...

Michael Firn
https://www.khmertimeskh.com/50920851/2-4-million-bag-and-shoe-factory-gets-cdcs-nod/

New garment sector investments exceeding $8mn approved by CDC

The Garment Manufacturers Association in Cambodia (GMAC) is welcoming new investments in one of the Kingdom’s pillar industries as new variants and outbreaks lead to a string of downgrades in economic projections. ... ...

Husain Haider
https://www.khmertimeskh.com/50908192/new-garment-sector-investments-exceeding-8mn-approved-by-cdc/

CDC approves $71 million in new investments to create 9,500 jobs

Eight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects  will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. ... ...

Michael Firn
https://www.khmertimeskh.com/50906237/cdc-approves-71-million-in-new-investments-to-create-9500-jobs/

GDT strives to unfold tax intricacies: official

A senior tax official pledged to facilitate all tax issues for Japanese investors currently investing or doing business in Cambodia to ensure things go smoothly, as part of a broader effort to create productive feedback channels, and improve transparency and operational efficiency, according to the ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-strives-unfold-tax-intricacies-official

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