Four Cambodian Provinces in the Development Triangle Secures US$3.7bn in 105 Investment Projects

• Sommana Yan
• 7 August 2024
• Uncategorized
• 13715 Views

Cambodia’s four provinces within the Development Triangle (CLV) have attracted 105 investment projects worth US$3.7 billion, creating over 160,000 jobs. This announcement was made by Dr Ky Sereyvath, an economist from the Royal Academy of Cambodia, during a presentation on 2 August 2024.

The Development Triangle, comprising the provinces of Kratie, Stung Treng, Mondulkiri, and Ratanakiri, has seen significant investment and development. Kratie leads with 42 projects, generating over 60,000 jobs. Stung Treng follows with 16 projects and nearly 30,000 jobs, Ratanakiri with 28 projects and 40,000 jobs, and Mondulkiri with 19 projects, creating over 30,000 jobs.

Of the 105 projects, 80 are in the agricultural sector, five in industry, 19 in infrastructure, and one in tourism. The investment breakdown reveals that Vietnam contributes 32%, Cambodia 26%, China 22%, with the remaining investment coming from the UK, USA, Singapore, Korea, Malaysia, Australia, and India, as per Dr Ky Sereyvath’s detailed presentation.

• Projects Development