News

Korea reaffirms continued support for Cambodia’s development

The Republic of Korea has reaffirmed its position to continue to support Cambodia’s development. The reaffirmation was made by visiting Koo Yun-cheol, Minister for Government Policy Coordination, Prime Minister’s Office of the Republic of Korea during a meeting with Chhieng Yanara, Minister Attached to the ...

Khmer Times Staff
https://www.khmertimeskh.com/501050818/korea-reaffirms-continued-support-for-cambodias-development/

The Japanese Ambassador to Cambodia committed to continue efforts to promote Japanese FDI inflow into Cambodia

Sok Chenda Sophea, Minister Delegate to the Prime Minister, Secretary-General of the Council for the Development of Cambodia, and Masahiro MIKAMI, Ambassador Extraordinary and Plenipotentiary of Japan to Cambodia, chaired the 23rd Meeting of the Cambodian Joint Committee – Japan on February 18, 2022 at ...

Khmer Times Staff
https://www.khmertimeskh.com/501028646/the-japanese-ambassador-to-cambodia-committed-to-continue-efforts-to-promote-japanese-fdi-inflow-into-cambodia/

$2.3B of projects greenlit in January

The Council for the Development of Cambodia (CDC) approved final registration certificates for 25 projects in the first month of 2022, with total registered capital of nearly $2.3 billion and expected to create 23,175 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/23b-projects-greenlit-january

Kingdom, E Timor plan to forge ties

The enactment of the new investment law, along with the success of the Covid-19 vaccination campaign, is creating an ever-growing pool of rewarding investment opportunities in the Kingdom, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-e-timor-plan-forge-ties

Non-SEZ projects slide by nearly 30%

Seventy-five private investment projects outside of special economic zones (SEZ) were approved by the Council for the Development of Cambodia (CDC) in the first eight months of 2021, down by nearly 30 per cent year-on-year, the Ministry of Economy and Finance reported. ...

Hin Pisei
https://www.phnompenhpost.com/business/non-sez-projects-slide-nearly-30

CDC approves Royal Group’s 700MW coal-fired power plant

The Council for the Development of Cambodia (CDC) on December 8 approved Botum Sakor Energy Co Ltd’s (BSE’s) more-than-$1 billion 700MW coal-fired power station in Koh Kong province’s southwestern Botum Sakor district. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approves-royal-groups-700mw-coal-fired-power-plant

Nearly $175 million in new investments flow in but can’t keep pace with increasing unemployment

Five more investment projects worth $174.8 million have been approved, according to a press release of the Council for the Development of Cambodia issued on May 22. ...

Khmer Times Staff
https://www.khmertimeskh.com/50726183/nearly-175-million-in-new-investments-flow-in-but-cant-keep-pace-with-increasing-unemployment/

Two investment projects approved by CDC to create hundreds of jobs

The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721539/two-investment-projects-approved-by-cdc-to-create-hundreds-of-jobs/

CDC approves seven projects worth $174M

The Council for the Development of Cambodia (CDC) on Wednesday approved seven investment projects worth $174.1 million and expected to generate 3,328 jobs, it said in a press release. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-seven-projects-worth-174m

Projects worth millions agreed

The Council for the Development of Cambodia (CDC) yesterday approved six development projects worth in total $677 million. ...

Sok Chan
https://www.khmertimeskh.com/50695073/projects-worth-millions-agreed

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

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