News

$10-million garment factory to open in Kampong Speu province

On the day the EU enforced tariffs on some of Cambodia’s exports, the Council for Development of Cambodia announced yet another new investment in the garment sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/50754548/10-million-garment-factory-to-open-in-kampong-speu-province/

CDC approves $31.7M animal farm

As part of the government’s effort to secure private investments for food production, the Council for the Development of Cambodia (CDC) earlier this week approved a $31.7 million investment project by Kang Hwa E&C (Cambodia) Co Ltd to build a commercial animal farm in Kampong ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-317m-animal-farm

Three investment projects worth $36.5 million approved, to create hundreds of jobs

The Council for the Development of Cambodia (CDC) has given the green light to three new investment projects with a total investment capital of $36.5 million. According to the council’s press release issued yesterday, the newly approved projects are expected to create some 615 jobs ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50747222/three-investment-projects-worth-36-5-million-approved-to-create-hundreds-of-jobs/

Investors’ $14.4M projects approved

In just the first week of this month, the Council for the Development of Cambodia (CDC) approved three new investment projects worth more than $14.4 million. They are expected to generate 625 jobs. ...

May Kunmakara
https://www.phnompenhpost.com/business/investors-144m-projects-approved

Nearly $70 million investment projects licensed, to create 5,000 jobs

Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50732891/nearly-70-million-investment-projects-licensed-to-create-5000-jobs/

Nearly US$8 million in investment projects licensed

Three new investment projects with a total investment capital of US$7.9 million have received the green light from the Council for the Development of Cambodia (CDC).​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50720897/nearly-us8-million-in-investment-projects-licensed/

Four more investment projects approved by CDC

The Council for the Development of Cambodia (CDC) has approved four more investment projects, expecting to create almost 1,500 jobs for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50715646/four-more-investment-projects-approved-by-cdc/

CDC okays five projects to create 6,373 jobs

The Council for the Development of Cambodia (CDC) issued final registration certificates to five investment projects between April 13-17 worth more than $24 million and which are expected to generate 6,373 jobs.​ ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-five-projects-create-6373-jobs

$23.5 million in new investment projects licensed

The Council for Development of Cambodia (CDC) has given the green light to six new investment projects with a total investment capital of $23.5 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50712885/23-5-million-in-new-investment-projects-licensed/

Green light for $161M Kandal brewery

The Council for the Development of Cambodia (CDC) last week approved a $160.6 million brewery in Chhak Chhoeu Neang commune’s Trapaing Veng village in Kandal province’s Ang Snuol district. ...

Thou Vireak
https://www.phnompenhpost.com/business/green-light-161m-kandal-brewery

Preah Sihanouk province receives most investment for visitors

Coastal Preah Sihanouk province, southwest of Phnom Penh, received the most tourism investment  in the country last year, the Ministry of Tourism said. ...

Chea Vannak
https://www.khmertimeskh.com/50697314/preah-sihanouk-province-receives-most-investment-for-visitors

Council approves Aeon 3 project

Japan’s Aeon Mall Co is to spend more than $200 million building its third shopping mall in Phnom Penh as the firm eyes the Kingdom’s burgeoning middle-class. Construction on Aeon Mall 3 in the capital’s Meanchey district is to begin early next year as a result ...

May Kunmakara
https://www.phnompenhpost.com/business/council-approves-aeon-3-project

CDC approves $1.8B investment this year

The Cambodia Development Council (CDC) has approved more than $1.8 billion in investment projects during the first six months of this year, research by The Post has shown. According to its calculations, the CDC’s data shows that during the period from January to this week, ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-18b-investment-year

Solar panel joint venture coming to K Speu

The production of more than $58 million worth of 60-megawatt solar-panels has begun in Kampong Speu province after the project was approved in May by the Council for the Development of Cambodia (CDC), provincial governor Vy Samnang said. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/solar-panel-joint-venture-coming-k-speu

CDC gives nod to $3.5B in projects

The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-nod-35b-projects

Battambang villagers have mixed feelings over new cement factory

A new cement factory in Battambang province has begun construction of a concrete road connecting it to one of Cambodia’s national roads, leaving nearby residents with mixed feelings. ...

Japanese FDI on the rise in Cambodia

The strong inflow of Japanese investment is expected to continue on the back of both large-scale commercial projects and the consumer habits of Japanese expatriates residing and working in Cambodia, according to investment officials. ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-fdi-rise-cambodia

Plans for solar-powered industrial park illuminated

A joint venture between South Korean and Cambodian investors is planning to establish an industrial park on approximately 100 hectares in Kampong Chhnang province with an on-site solar farm to provide cheap electricity for its tenants. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/plans-solar-powered-industrial-park-illuminated

Massive $23.2B project gets ‘green light’

Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...

Jack Davies, Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/massive-232b-project-gets-green-light

Direct Japan fights start

Landing at 3:10pm yesterday, the All Nippon Airways (ANA) Boeing 787-8 marked the first direct flight between Tokyo and Phnom Penh in seven years. The daily service will make for a much shorter – and hassle free – journey, and boost business and tourism, officials said ...

Sum Manet
http://www.khmertimeskh.com/news/29258/direct-japan-flights-start/

Japanese capital flooding in to Cambodia

Total Japanese investment in Cambodia under the Kingdom’s qualified investment project (QIP) scheme surged tenfold during the first half of the year, driven by Japan’s improved economy and a hefty capital injection by one of its biggest retail giants. ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-capital-flooding-cambodia

Analysts shrug off drop in approved investment

The government approved more than $1 billion worth of domestic and foreign direct investment in the first quarter of the year, down sharply from the $2.8 billion approved in the same quarter last year, figures released by the Council for Development of Cambodia (CDC) yesterday ...

May Kunmakara
http://www.khmertimeskh.com/news/24306/analysts-shrug-off-drop-in-approved-investment/

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