News
Cambodia very lucrative for investors
Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...
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Thailand, Cambodia Recommit to Border Growth
The foreign ministers of Thailand and Cambodia signed a memorandum of understanding in Phnom Penh yesterday reconfirming their commitment to developing their joint border with new economic zones, checkpoints and a 1,800-MW power plant. “We have agreed to create four international checkpoints to improve trade ...
Betargo readies for the contruction of its 18,000t per annum feed mill in Cambodia
Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...
Signs point to more diverse investment projects in Cambodia
The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...
Foreign investment needed in Special Economic Zones
According to a Sept 4 press release from the Council for Development of Cambodia (CDC), there are currently a total of 19 SEZs and most of them are situated along Cambodia’s borders with Vietnam and Thailand. Eight are fully operational with both local and foreign ...