News

Jan-May CDC approvals $2.66B

The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-may-cdc-approvals-266b

Cambodia’s FDI surges 11.2% to $41B in 2021

Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report.   ...

Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021

Cambodia receives $2.4 billion worth of FDI in first three months of 2022

In the first three months of 2022, from January to March, the Council for the Development of Cambodia (CDC) approved a total of 43 investment projects under an investment of more than $2.4 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501051822/cambodia-receives-2-4-billion-worth-of-fdi-in-first-three-months-of-2022/

Cambodia FDI inflows zoom 22 percent at $4.35 billion in 2021

The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...

Josh Downs
https://www.khmertimeskh.com/501037592/cambodia-fdi-inflows-zoom-22-percent-at-4-35-billion-in-2021/

Cambodia attracts $4.35 billion in investments in 2021

Cambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501035693/cambodia-attracts-4-35-billion-in-investments-in-2021/

Trade pacts will draw investment to Cambodia

The Regional Comprehensive Economic Partnership free trade pact and bilateral free trade agreements are among the key factors attracting foreign direct investment to Cambodia, a senior official says. ...

Khmer Times Staff
https://www.khmertimeskh.com/501028665/trade-pacts-will-draw-investment-to-cambodia/

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/

$1.9B in new projects get CDC nod

The Council for the Development of Cambodia (CDC) on January 17 announced that it had approved final registration certificates for 10 investment projects across various sectors worth a staggering total of nearly $1.90 billion and expected to create 7,014 jobs.   ...

Hin Pisei
https://www.phnompenhpost.com/business/19b-new-projects-get-cdc-nod

Non-gold goods trade tops $36B in Jan-Nov

Cambodia’s global non-gold trade exceeded $36 billion in the first 11 months of 2021, rising by more than 24 per cent year-on-year, according to Ministry of Economy and Finance data. ...

Hin Pisei
https://www.phnompenhpost.com/business/non-gold-goods-trade-tops-36b-jan-nov

Bilateral trade with Japan up 12% to nearly $2B in Jan-Oct

Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...

May Kunmakara
https://www.phnompenhpost.com/business/bilateral-trade-japan-12-nearly-2b-jan-oct

Cambodia, China renew pledge for $10B in trade value by 2023

Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023

China tops list of investors in H1

China was ranked first in terms of foreign direct investment (FDI) equity inflows to Cambodia in the first half of this year, at about $2 billion, according to the Chinese ambassador.​ ...

Thou Vireak
https://phnompenhpost.com/business/china-tops-list-investors-h1

CDC grants investment licenses to two private companies

Two private companies – Ocean Apparel Manufacturing Co., Ltd., and Glamor Glass Co., Ltd., have just received green light from the Council for the Development of Cambodia (CDC) for their investment projects. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50819597/cdc-grants-investment-licenses-to-two-private-companies/

South Korean bank invests in Kingdom

The embassy of Cambodia to the Republic of Korea signed a memorandum of understanding (MoU) with DGB Bank to provide cooperation in promoting investment in Cambodia as well as protection for Cambodians in South Korea. ...

Sok Chan
https://www.khmertimeskh.com/50818388/south-korean-bank-invests-in-kingdom/

Industry leaders continue to call for further economic support

Business advocates are continuing to call on the Cambodian government to further support the local economy during and after the COVID-19 pandemic – through the implementation of collateral-free working loans and new policies to encourage more foreign direct investment in the Kingdom. ...

Harrison White
https://www.khmertimeskh.com/50726929/industry-leaders-continue-to-call-for-further-economic-support/

Australian firm keen to invest in Cambodia’s rice production chain

An Australian firm is eying investment in Cambodia’s paddy rice and milled rice production chain for export to Australia. This was made known by Pablo Kang, Ambassador of Australia during a meeting with Pan Sorasak, Minister of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50723439/australian-firm-keen-to-invest-in-cambodias-rice-production-chain/

Real estate boosted last year but likely to suffer this year

The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...

Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/

FDI to Cambodia rockets 12% to $3.5 billion in 2019

Cambodia attracted more than $3.5 billion in foreign direct investment (FDI) last year, an increase of nearly 12 per cent over 2018, thanks in part to Chinese investors who accounted for half of the investments, a National Bank of Cambodia (NBC) report released last week ...

Hin Pisei
https://www.phnompenhpost.com/business/fdi-cambodia-rockets-12-35-billion-2019

Investment growing but at a slower pace: GMAC

Investment in the garment and footwear sector, one of Cambodia’s economic pillars, is growing at a slightly slower pace in 2019 compared to last year, according to an official from the Garment Manufacturers Association in Cambodia (GMAC).​ The deceleration is likely the result of the ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50601248/investment-growing-but-at-a-slower-pace-gmac/

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