News

Cambodia, with support from the World Economic Forum (WEF), on May 12 launched the Supplier Database with Sustainability Dimensions (SD2) database, the first of its kind, to provide information on the sustainability operations of domestic companies. ...

Ten investment projects worth $83.7 million were approved by the Council for the Development of Cambodia (CDC) this week, it said in a press release said on Tuesday. The projects are anticipated to create some 4,744 jobs. ...

The Council for the Development of Cambodia (CDC) has announced a new service that aims to facilitate imports for investment projects, according to an announcement issued on Monday. ...

As of 2019, Cambodia has in total 54 Special Economic Zones, according to the Council for the Development of Cambodia. In 2019, the exports from Cambodia’s Special Economic Zones were US$2,688 million, up 27 percent compared to 2018, continued the source. ...

The Council for the Development of Cambodia (CDC) on Monday announced the approval of four investment projects worth some $17.2 million. These are set to create 1,490 jobs. Sun Awesome Garment Co Ltd is to establish a garment and laundry facility in Kampong Cham’s Prey ...

The Council for the Development of Cambodia (CDC) has granted official licences approving two projects with a combined capital investment of $100 million in the energy sector, it said on Wednesday.​ The projects are a $71 million power line network in Preah Sihanouk province developed by ...

The Council for the Development of Cambodia (CDC) approved three investment projects in the bags and garment sector with a total capital investment of $8.8 million, it said on Monday. The projects approved are bag factory Quan Ming Handbag (Cambodia) Industrial Co Ltd, the bag and ...

More than 100 factories have started operations in the Kingdom in the last eight months, according to a report from the Ministry of Industry and Handicraft. The latest report from the ministry shows that, from January to August, 116 new factories registered with the ministry, ...

The Council for the Development of Cambodia granted permission for three more companies this month to build garment factories in Phnom Penh and in Takeo and Kampong Speu provinces. The three investment projects are worth about $10 million and will create about 3000 jobs. ...

The Council for the Development of Cambodia (CDC) has preliminarily issued final registration certificates for 35 projects with a combined investment capital of $444 million from January to the end of last month. Once operational, the projects are expected to provide more than 30,335 jobs. ...

The Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies. ...

Delegates gathered at the Cambodia-Fujian Business and Tourism seminar in Phnom Penh yesterday to discuss opportunities for investment in the Kingdom through increased trade in both the energy and garment sector. ...

The Council for the Development of Cambodia (CDC) approved three new investment projects with a combined investment capital of nearly $8 million, according to a release.​ ...

Stable and quality electricity is needed to attract additional high-value-added manufacturing to Cambodia, but the quality of electricity in the kingdom remains a challenge for investors as the manufacturing sector continues to diversify. ...

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

A new international airport for Siem Reap has come a step closer after a high-level technical working group was set up to work out the details. The government established the group after a proposal was submitted to the Council for the Development of Cambodia (CDC). ...

A mysterious cluster of crude oil storage tanks recently constructed on the coast near Kampot are linked to a $400 million project by timber baron Try Pheap to build an industrial park and oil refinery, government officials confirmed yesterday. ...

Kolao Group, a South Korean-owned automaker and distributor, plans to build factories in a proposed industrial park in Cambodia to assemble its proprietary line of automobiles and motorcycles, a company executive said yesterday. ...

A Malaysian automotive company has requested approval to establish a factory in Cambodia to assemble Nissan automobiles and manufacture spare parts for the vehicles, a government official said yesterday. ...

A five-day trade fair for Vietnamese products kicked off on Koh Pich in Phnom Penh yesterday, coming on the heels of recent government figures that show declines in bilateral trade and investment between Cambodia and Vietnam. ...

Vietnamese investors shied away from the Cambodian market during the first half of the year as the Council for the Development of Cambodia (CDC) failed to register a single qualified investment project (QIP) from Vietnam during that period for the first time in its 22-year ...

The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ...

A modest increase in the inflow of foreign direct investment is a sign that Cambodia remains an attractive destination to investors, and will go a long way toward the country’s development, analysts said yesterday. Total capital inflow of foreign direct investment (FDI) to Cambodia amounted to ...

An official at the Council for the Development of Cambodia confessed during his trial on Monday to soliciting bribes from a garment factory to process its import applications, but said he did not believe at the time that he was committing a crime. ...