CamDX Soars: Construction & Real Estate Firms Propel Investment Beyond US$2 Billion Mark by November

• 21 November 2023
• Local News
• 1442 Views

The information technology nursery, CamDX, has emerged as the harbinger of prosperity, boasting over US$2 billion in investments from construction and real estate companies combined. As of 19 November 2023, Cam DX’s robust business registration system has recorded a substantial infusion of capital, with the construction sector leading at US$1.11 billion, closely followed by real estate enterprises contributing a significant US$1 billion to the country’s economic canvas.

The accommodation sector has significantly bolstered these figures, with registered companies exhibiting an investment prowess of US$998 million. Simultaneously, the garment manufacturing sector, excluding fur, has made its mark with an investment influx amounting to US$477 million.

The dynamic landscape of Cam DX accommodates a diverse array of industries, with a comprehensive tally of more than 31,365 companies registered in the information technology business registration system. The cumulative investment surpasses an impressive US$9.07 billion, attesting to the thriving business environment within the Cambodian market.

Within this bustling ecosystem, restaurant services and mobile supply services have emerged as dominant players, with 2,654 companies spearheading innovation and growth in these sectors.

The evolution of Cam DX’s business registration system has unfolded in three phases, with the inaugural phase launched in 2020, followed by the second phase in 2022, and the culmination of the third phase in July 2023.

• Business and Market
• Digital and Smart City