News

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/

CDC approves three more investment projects worth over $15 million

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $15.4 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501299554/cdc-approves-three-more-investment-projects-worth-over-15-million/

New draft law on SEZs finalised

The Council for the Development of Cambodia recently finalised a new draft law on special economic zones (SEZs), aiming to attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition. ...

Chea Vanyuth
https://www.khmertimeskh.com/501296505/new-draft-law-on-sezs-finalised/

Cambodia approves $10 mn investment projects, creating almost 3,000 jobs

Two new investment projects worth over $10 million have been approved by the Council for the Development of Cambodia (CDC). The investment projects involve establishing a garment factory and a packaging factory, creating over 2,900 jobs. ...

Khmer Times Staff
https://www.khmertimeskh.com/501279587/cambodia-approves-10-mn-investment-projects-creating-almost-3000-jobs/

Two companies to invest $40 million in Cambodian islands

The Council for the Development of Cambodia (CDC) has approved two investment projects worth nearly $40 million to develop two islands in Koh Kong and Preah Sihanouk provinces. ...

Seng Mengheng
https://kiripost.com/stories/two-companies-to-invest-40-million-in-cambodian-islands

Chamber of commerce calls for additional SEZ incentives

Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...

Van Socheata
https://www.phnompenhpost.com/business/chamber-commerce-calls-additional-sez-incentives

39 investment projects approved in Q1

The Council for the Development of Cambodia approved 39 fixed asset investment projects worth $294 million in the first quarter of this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501271799/39-investment-projects-approved-in-q1/

Cambodia attracts $294 million in investment in Q1

Cambodia attracted 39 fixed-asset investment projects worth $294 million in the first quarter of 2023, generating some 47,000 new jobs, a report of the Council for the Development of Cambodia said Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501271448/cambodia-attracts-294-million-in-investment-in-q1/

Three more investment projects worth over $16 million approved

The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $16.2 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501258971/three-more-investment-projects-worth-over-16-million-approved/

CDC unveils 27 projects in Jan-Feb

The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb

CDC approves $2.9 billion Japanese investment projects

The Council of the Development of Cambodia (CDC) has approved 150 investment projects worth approximately $2.9 billion proposed by Japanese investors in the country as of the end of January this year, according to the figures released in a press release issued yesterday by CDC ...

Kang Sothear
https://www.khmertimeskh.com/501243067/cdc-approves-2-9-billion-japanese-investment-projects/

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