News

CDC approves seven projects in January

The Council for the Development of Cambodia (CDC) approved seven garment and travel goods investment projects last month, worth $33.4 million. The figures were released by CDC throughout the month and calculated by The Post. The EU is scheduled to decide whether to keep or withdraw ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approves-seven-projects-january

CDC approves three projects worth $11M

Three investment projects worth more than $11 million were approved by the Council for the Development of Cambodia (CDC) this week, a CDC press release said on Wednesday.​ CDC approved the establishment of the SWJ (Cambodia) Garment Co, Ltd, in Kampong Speu province’s Chbar Mon ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-three-projects-worth-11m

Siem Reap to welcome $27mln Cambodia-China Cultural Park

The Council for the Development of Cambodia, a government agency that oversees investment, last week approved a large-scale tourism project in Siem Reap. ‘Cambodia-China Cultural Park,’ the project will be developed by Angkor International Culture Investment & Development (Cambodia) Co., Ltd with a capital of ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50651322/siem-reap-to-welcome-27mln-cambodia-china-cultural-park/

Investment skyrockets this year

The Council for the Development of Cambodia (CDC) yesterday announced that it approved 831 investment projects, with a total investment capital of $22.5 billion, from 2016 to August 2019, according to its latest report. The report added that in the first eight months of the year, ...

Sok Chan
https://www.khmertimeskh.com/50650679/cdc-approves-6bln-in-investment-projects-in-first-eight-months-of-the-year/

CDC okays two S’ville hotels

The Council for the Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post. The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-two-sville-hotels

CDC: Improve infrastructure to draw investment to border

The Council for the Development of Cambodia (CDC) has urged relevant parties to increase efforts to attract more foreign investors to border areas. CDC secretary-general Sok Chenda Sophea said to achieve this, it is necessary to develop infrastructure there such as special economic zones (SEZ), ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-improve-infrastructure-draw-investment-border

Cambodia welcomes $5b in investments in H1

The government approved $5.2 billion worth of investment in the first half of 2019, a 48.5 percent hike compared to the corresponding period last year, with officials claiming the figure reflects investors’ growing confidence in the country. ...

May Kunmakara
https://www.khmertimeskh.com/50629643/cambodia-welcomes-5b-in-investments-in-h1/

Sihanoukville waste firm fined $250K

Chugyuen Plastic Manufacture Co Ltd has been ordered to return 83 containers filled with plastic waste found at Sihanoukville port to their countries of origin. The company has been fined more than one billion riel ($250,000) for illegally importing the waste. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/sihanoukville-waste-firm-fined-250k

CDC approves $600m in investments

The Council for the Development of Cambodia (CDC) last week approved 11 projects worth nearly $600 million. According to a post on CDC’s Facebook page yesterday, 11 projects were greenlighted on June 5-7, amounting to a total investment of $597 million. CDC estimates the projects will generate ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50612918/cdc-approves-600m-in-investments/

Development projects are given green light

Eleven development projects in the Kingdom were approved by the Council for the Development of Cambodia (CDC), bringing $297 million in total investment and more than 6,000 jobs to the Kingdom’s industry, according to a CDC press release posted on Facebook on Friday. ...

Post Staff
https://www.phnompenhpost.com/business/development-projects-are-given-green-light

CDC gives $68M hotel project nod for Poipet

The Council for the Development of Cambodia (CDC) has approved a more than $68 million hotel project in Poipet town, it said on Friday. The project, funded by Boonma Heng Co Ltd, aims to build the first four-star hotel in the province, complete with 392 ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-68m-hotel-project-nod-poipet

CDC approves new steel plant in Kampong Speu

A project to build a $31-million steel-processing plant in Kampong Speu province was recently greenlighted by the government, according to an announcement by the Council for the Development of Cambodia earlier this week. ...

May Kunmakara
https://www.khmertimeskh.com/50505077/cdc-approves-new-steel-plant-in-kampong-speu/

Nearly $2 billion invested in four projects

The Council for the Development of Cambodia (CDC) on Thursday announced it has approved four projects so far in June, amounting to $1.9 billion. CDC posted in its Facebook page that since the beginning of the month it has issued final registration certificates for four ...

Sok Chan
https://www.khmertimeskh.com/50501766/nearly-2-billion-invested-in-four-projects/

Nearly $2B in investments cleared by CDC

The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, announced on Thursday that it had approved four projects with a combined total capital investment of nearly $2 billion. It said the four projects would create 11,193 jobs. ...

Hor Kimsay
https://www.phnompenhpost.com/business/nearly-2b-investments-cleared-cdc

Prime Minister: Take back islands from inactive developers

The government will “take back” land on roughly 30 islands from private companies that have not made progress on planned developments, Prime Minister Hun Sen said in a speech on Monday that also targeted land-grabbing villagers and idle provincial governors. ...

Phak Seangly and Daphne Chen
https://www.phnompenhpost.com/national/prime-minister-take-back-islands-inactive-developers

Investment in extractive industry worth 1.3 billion

Foreign direct investment (FDI) in the extractive industry, including some projects expected to be approved before the end of the year, now equals $1.3 billion, making it one of the most valuable economic sectors in the kingdom, according to data from the Ministry of Mines ...

Chea Vannak
http://www.khmertimeskh.com/50112148/investment-in-extractive-industry-worth-1-3-billion/

Japanese investment worth $1.6 billion in 2017

With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...

Chea Vannak
http://www.khmertimeskh.com/50109243/japanese-investment-worth-1-6-billion-2017/

Environment officials target special economic zones

An environment-monitoring working group from the Environment Ministry and the Council for the Development of Cambodia plans to meet with the owners of nearly 50 special economic zones across the country to promote standards on environmental protection and liquid waste management. ...

Pech Sotheary
http://www.khmertimeskh.com/50105456/environment-officials-target-special-economic-zones/

Cambodia attracts over 333 mln USD investment from ASEAN in 2017

Cambodia attracted the fixed asset investment of 333.4 million U.S. dollars from its ASEAN member states in 2017, according to a government’s report on Friday.   ...

Mu Xuequan
http://www.xinhuanet.com/english/2018-01/26/c_136927828.htm

CDC to post project decisions on Facebook

The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, has taken to Facebook to officially announce its decisions on investment projects, a move that a government official claimed yesterday will provide more transparent access for investors and ...

Hor Kimsay and Kali Kotoski
http://www.phnompenhpost.com/business/cdc-post-project-decisions-facebook

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