News

CDC endorses 173 investment projects worth approximately $4 billion in six months

The Council for the Development of Cambodia (CDC) has approved 173 investment projects worth some $4 billion during the last six months, from September 2023 to February 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501470535/cdc-endorses-173-investment-projects-worth-approximately-4-billion-in-six-months/

CDC approves projects worth $2.2 billion in first quarter

The Council for the Development of Cambodia (CDC) approved 106 fixed assets investment and expansion projects worth $2.2 billion in the first three months of this year, a jump of 649 percent over the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469196/cdc-approves-projects-worth-2-2-billion-in-first-quarter/

Cambodia seeks more investment from Europe

Even though Cambodia has attracted more European investors, the number of their investment projects in the country is still small, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501455006/cambodia-seeks-more-investment-from-europe/

Cambodia attracts $1.39 bln investment in first 2 months of 2024

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/

Plans moving forward for Japanese SEZ

Cambodia is actively working to establish the Cambodia-Japan Special Economic Zone (SEZ) to attract more Japanese investment, given its current status as a key trade and investment partner, according to a press release from the Council for the Development of Cambodia (CDC). CDC first vice-president ...

Hin Pisei
https://www.phnompenhpost.com/national/plans-moving-forward-for-japanese-sez

Govt seeks $40B capital to build infrastructures by 2033

The Council for the Development of Cambodia (CDC) and the Ministry of Public Works and Transport (MPWT) yesterday held a meeting to review the process of transport and logistics master plan as the Royal Government of Cambodia (RGC) seeks an investment capital of nearly $40 ...

Nhean Chamrong
https://www.khmertimeskh.com/501443206/govt-seeks-40b-capital-to-build-infrastructures-by-2033/

CDC consents to UK​ proposal for establishing Green SEZ

The Council for the Development of Cambodia (CDC) on Monday agreed to the request from the British Ambassador to establish the ‘Green Special Economic Zone’ and help the country boost the related infrastructure, as part of the initiative to attract international investors worldwide. ...

Nhean Chamrong
https://www.khmertimeskh.com/501436295/cdc-consents-to-uk-proposal-for-establishing-green-sez/

Renewable energy to give 70% of power in Cambodia this year

Renewable energy sources will account for nearly 70 percent of Cambodia’s electricity this year, said Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501429249/renewable-energy-to-give-70-of-power-in-cambodia-this-year/

CDC okays projects valued $5b in 2023

Up to $4.9 billion of total investment capital for 268 investment projects have been approved by the Council for the Development of Cambodia (CDC) in 2023, with some 307,000 jobs created, according to its statement on Wednesday. ...

Thang Sinorn
https://kiripost.com/stories/cdc-okays-projects-valued-5b-in-2023

Construction approvals down, investment up

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...

Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up

Domestic and Chinese investors lead $619 million investment boom in Cambodia

The Council for the Development of Cambodia (CDC) has given the green light to 21 new investment projects in November 2023. With a total investment capital of nearly $619 million, these projects can potentially create approximately 22,000 jobs. ...

Khmer Times Staff
https://www.khmertimeskh.com/501404257/domestic-and-chinese-investors-lead-619-million-investment-boom-in-cambodia/

BRI projects not to lead Cambodia into debt trap

The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399348/bri-projects-not-to-lead-cambodia-into-debt-trap/

Toyota to produce auto wire harness in Poipet

Japan’s global enterprise Toyota Tsusho Corporation (Toyota Tsusho) plans to establish another factory to produce automotive wire harness in Cambodia, said the Council for the Development of Cambodia (CDC) in a statement. ...

Kang Sothear
https://www.khmertimeskh.com/501339087/toyota-to-produce-auto-wire-harness-in-poipet/

VIDEO: CDC updates law, sub-decree to investors

Officials of the Council for the Development of Cambodia (CDC) on Tuesday disseminated the new Law on Investment to the members of the Travel Goods and Leather Association (CTLA) and Cambodia Footwear Association (CFA). ...

Nuon Soksarim
https://www.khmertimeskh.com/501327605/video-cdc-updates-law-sub-decree-to-investors/

Foreign investments up $45.8b in Q1’23 - NBC

Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up

Cambodia approves 5 new factories worth over $50mn

Five companies have been granted investment plan registration certificates by the Cambodian Investment Board (CIB), part of the Council for the Development of Cambodia (CDC). These firms, are mainly involved in textiles and garments and plan to set up factories across the country, investing around ...

Khmer Times Staff
https://www.khmertimeskh.com/501323430/cambodia-approves-5-new-factories-worth-over-50mn/

China strengthens investment in Cambodia

The Council for the Development of Cambodia (CDC) has announced that it approved 113 new investment and expansion projects with combined registered capital of about $1.1 billion in the first half of this year, of which nearly 65% came from Chinese investors. ...

Khmer Times Staff
https://www.khmertimeskh.com/501324125/china-strengthens-investment-in-cambodia/

Investment handbook published

The“Handbook on Investing in Cambodia” was formally launched on July 10 to arm local and international players with critical knowledge before committing money and resources into domestic projects as well as to make more informed financial decisions here. ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-handbook-published

Cambodia turns challenges into opportunities for Australian investors

Huge investment potential in Cambodian sectors such as automotive, agriculture development, tourism, technology and innovation, education, logistics and supply chains, and mining have been identified in the latest investment handbook. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-turns-challenges-into-opportunities-for-australian-investors

CDC green lights 15 projects worth nearly $220 million

The Cambodian Special Economic Zone Board (CSEZB) and Cambodian Investment Board (CIB) of the Council for the Development of Cambodia (CDC) have approved 15 investment projects worth $218.3 million with plans to recruit more than 17,000 employees to produce various products at different places, according ...

Kang Sothear
https://www.khmertimeskh.com/501314497/cdc-green-lights-15-projects-worth-nearly-220-million/

$95 million cement plant to appear in Battambang province

A new cement plant with a total investment capital of $95 million will be built in Pcheav village, Treng commune, Rattanak Mondul district, Battambang province, according to a press release of the Council for the Development of Cambodia (CDC) made public Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501311142/95-million-cement-plant-to-appear-in-battambang-province/

PM calls for investigation into confiscated homes

The Council for the Development of Cambodia (CDC) on Wednesday said that those who fail to pay their house mortgage and risk their properties being confiscated should contact Real Estate Business and Pawnshop Regulator (RFPR). ...

Yatt Malai
https://kiripost.com/stories/cambodia-pm-calls-for-investigation-into-confiscated-homes

Vietnam steps up trade promotion in Cambodia

 The Vietnamese Embassy in Cambodia in coordination with the Ministry of Industry and Trade (MoIT)’s Asia–Africa Market Department held a trade forum in Phnom Penh on June 7, which brought together more than 100 businesses of the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501304682/vietnam-steps-up-trade-promotion-in-cambodia/

CDC approves three new investment projects worth over $23 million

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $23.2 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501301040/cdc-approves-three-new-investment-projects-worth-over-23-million/

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