Cambodia Sees Surge in Investment Projects, Approving 112 Initiatives in Two Months

In a notable boost to its economic landscape, Cambodia has approved 112 new investment projects totalling over USD 1 billion in the two months from January to February 2025, according to the latest report from the Council for the Development of Cambodia (CDC).

This wave of investment is projected to create more than 70,000 jobs, marking a significant increase of 43 projects compared to the same timeframe in 2024.

February 2025 alone witnessed the CDC granting approval for 44 investment projects, with a combined capital of approximately USD 321 million, aiming to generate around 25,000 new jobs. Among these, 21 projects are situated outside special economic zones, while 23 are located within them. This reflects a positive trend for February, which saw an increase of seven projects compared to the same month last year.

A closer look at the investment sources reveals that China leads the pack, contributing approximately 86.75% of the total investment capital. Singapore follows in second place at about 11.97%, with Australia and the United Kingdom making contributions of 0.80% and 0.48%, respectively.

Several provinces are set to benefit from these investments, with notable projects distributed as follows: Kampong Speu (8 projects), Svay Rieng (11 projects), Phnom Penh (6 projects), Sihanoukville (4 projects), Koh Kong (6 projects), Takeo (3 projects), Kandal (3 projects), Kampong Chhnang (2 projects), and Kampot (1 project).

The majority of the investments are concentrated in the industrial sector, with a smaller portion allocated to infrastructure development. As Cambodia continues to attract robust foreign investment, the outlook for the nation’s economy remains promising, bolstering job creation and supporting various local industries.

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