News
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/
HGB Motors enters car assembly arena with $7M Poipet investment
HGB Motors Assembly Co Ltd is investing about $7 million in a car assembly plant in Poipet town, Banteay Meanchey province. ...
Thou Vireak
https://www.phnompenhpost.com/business/hgb-motors-enters-car-assembly-arena-7m-poipet-investment
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
$37M 60MW Kampong Chhnang solar farm to break ground soon: official
Prime Road Alternative (Cambodia) Co Ltd will soon break ground on a 60MW solar power plant in southwestern Kampong Chhnang province valued at $37.4 million. ...
Thou Vireak
https://www.phnompenhpost.com/business/37m-60mw-kampong-chhnang-solar-farm-break-ground-soon-official
Cabinet approves investment law
The Council of Ministers, or Cabinet, on July 9 approved the Draft Law on Investment, following a plenary session chaired by Prime Minister Hun Sen via a Zoom call. ...
Hin Piset
https://www.phnompenhpost.com/business/cabinet-approves-investment-law
$2.4B in new investments for H1
The Council for the Development of Cambodia (CDC) approved 70 projects with a total capital investment of $2.428 billion in the first half of this year. This is according to calculations by The Post based on CDC statements issued via social media throughout the January-June ...
Thou Vireak
https://phnompenhpost.com/business/24b-new-investments-h1
Swiss gov’t pledges $58M development grant over 2022-25
The Swiss government on June 3 pledged up to 52 million francs ($58 million) in grants for the Kingdom’s development over the next four years, the Council for the Development of Cambodia (CDC) said in a statement. ...
Thou Vireak
https://www.phnompenhpost.com/business/swiss-govt-pledges-58m-development-grant-over-2022-25
Two new investment projects approved by CDC
The Council for the Development of Cambodia (CDC) has issued investment certificates to Fu Bi Xing (Cambodia) Packaging Co., Ltd and Sheng He Leisure Bag (Cambodia) Co., Ltd for the production of travel bags and goods in the Kingdom. ...
Gareth Johnson
https://www.khmertimeskh.com/50864368/two-new-investment-projects-approved-by-cdc/
New investment projects of $2.2 billion licensed in Q1
The Council for the Development of Cambodia (CDC) awarded licences to 94 new investment projects with a registered value of $2.2 billion, during the first quarter of 2021, a 114 percent increase compared to projects approved during the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/50850034/new-investment-projects-of-2-2-billion-licensed-in-q1/
Development council approves electric bike plant and rain gear investments
The Council for the Development of Cambodia (CDC) yesterday approved two new projects worth $5.6 million that will create nearly 1,500 new jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/50849071/development-council-approves-electric-bike-plant-and-rain-gear-investments/
New business activity ongoing despite Coronavirus challenges
Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are ...
Brian Badzmierowski
https://www.khmertimeskh.com/50840963/new-business-activity-ongoing-despite-coronavirus-challenges/
CDC greenlights five projects worth $1.3B
The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b