As of Q1 of 2022, CDC Approves 47 Investment Projects, a 6.8% Increase Compared to the Same Period in 2021

• 27 June 2022
• Local News
• 1576 Views

As of the first quarter of 2022, the Council for the Development of Cambodia (CDC) had approved 47 investment projects, an increase of 3 projects, equivalent to 6.8%, with a total capital investment of US$2,520.6 million which increased by 14. 2% compared to the same period in 2021, according to the First Quarter 2022 Cambodian Economic and Financial Statistics Bulletin.

There were only four investment projects in special economic zones, a decrease in a number of 75%, with a total capital investment of US$301.18 million, a decrease of 79.8%, compared to the first quarter of 2021.

Meanwhile, the CDC approved 43 investment projects outside special economic zones, an increase of 15 projects or 53.6% with a total capital investment of US$2,219.4 million, an increase of 210.3%, compared to the same period in 2021.

These investment projects include logistics centres and multi-purpose ports, hydropower, tyre factories, hotels, cement factories, banana and other fruit farms, car assembly factories and polyclinic hospitals.

 

• Analysis