CDC Approves Eight Investment Projects Worth Almost US$100m

The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building five factories, two hospitals and a solar power plant, worth a total of almost US$100 million in Takeo, Kampong Speu, Kampong Chhnang, Svay Rieng, Kandal and Phnom Penh.

The first investment permit has been granted to Mayco Furniture Company Limited to invest US$3.8 million in building a furniture factory in Bati district in Takeo province.

The second is PPCHY Machinery Manufacturing Co., Ltd. to invest US$6.9 million to build a machinery spare parts factory in Kong Pisei district in Kampong Speu province.

The third investment permit has been granted to Khema Global Co., Ltd to build two international hospitals; a US$6.3 million 81-bed hospital in Chbar Ampov district and another US$3.6 million 54-bed hospital in Tuol Kork district.

Meanwhile, Prime Road Alternative (Cambodia) Co., Ltd received a permit to build a US$37.6 million 60MW solar power plant in Tuek Phos district in Kampong Chhnang province.

CDC also allowed SYSG Garment Company Limited to build a US$4.3 million to build a garment factory in Angk Snuol district of Kadal province.

Another investment permit has been granted to Velong (Cambodia) Industries Co., Ltd with the firm investing US$3.5 million to build a factory producing BBQ stove equipment, electronic equipment and light bulbs in the Svay Rieng Giga Resource Special Economic Zone.

The last permit was granted to Allied Max International (Cambodia) Co., Ltd, with the firm investing US$32 million to build a fabric and garment factory in Shandong Sunshell Svay Rieng Special Economic Zone.

According to the CDC, these eight investment projects will create over 2,700 jobs for Cambodians.

The CDC also has recently approved private firms to invest in building two factories worth over US$500 million in Kampot and Kampong Kampong Chhnang provinces. (Read more)

- Video Advertisement -

Related Post

Chinese Investors Eye Opportunities in Cambodia’s Booming Economy

In a significant move to strengthen economic ties, approximately 40 Chinese companies convened with representatives from the Cambodian Chamber of Commerce to explore promising investment opportunities across various sectors in Cambodia. The meeting was spearheaded by Oknha Banthi Vinh Hour, Vice President of the Cambodian Chamber of Commerce, and Ji Lin, President of the China […]

Japan Plans to Establish Rural Special Economic Zones to Boost Cambodian Agriculture

In a significant move to enhance Cambodia’s agricultural sector, the Japan Development Institute Ltd. (JDI) has unveiled plans to establish rural special economic zones in the country. This initiative was highlighted during a meeting on May 19, 2025, between Mr. Heng Ratana, CEO of the Cambodian Mine Action Centre (CMAC), and Dr. Shoichi Kobayashi, an […]

Kampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million

  Kampong Speu Province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on May 20, 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral District, represents a significant investment of over USD 250 million by Conch KT Cement Company, marking […]

Investment Surge in Cambodia: 13 New Projects Proposed

In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signaling a potential boost to the nation’s industrial landscape. During a meeting held […]

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

In an encouraging start to 2025, Cambodia has demonstrated robust economic growth, with the Council for the Development of Cambodia approving 231 new investment projects in the first four months, totaling an impressive USD 3.4 billion. This marks a significant increase of 34% in investment capital compared to the same period last year. The latest […]

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

In a significant development for Cambodia’s tech landscape, ADATA Technology Co., Ltd., a leading Taiwanese technology company, has officially expressed its interest in investing in the country’s advanced technology sector. This announcement came during a meeting between Cambodian Prime Minister Hun Manet and ADATA Chairman CHEN Simon held on April 30, 2025. During their discussion, […]