Gov’t Permits International Companies to Invest 100% in Phnom Penh-Ho Chi Minh Express Railway

25 January 2023
Local News
2595 Views

The Royal Government of Cambodia has urged French businesses to invest in the construction of high-speed railways and transportation in Cambodia, announcing that foreign businesses will be allowed to invest 100% in the Phnom Penh-Ho Chi Minh high-speed rail line.

Prime Minister of Cambodia Samdech Hun Sen on 25 January welcomed and informed the French investment delegation that Cambodia has allowed 100% international investment in the new high-speed railway from Phnom Penh to Ho Chi Minh City while the other two existing railways need to be expanded and encouraged private sector investment through the BOT scheme.

Olivier Becht, Minister for Foreign Trade, Attractiveness and French Nationals Abroad, said that the French investment delegation was confident of investing in Cambodia. French investors also agreed to look into investment opportunities on high-speed rail, inland waterways and airways, construction, energy and other sectors.

Cambodia started from zero after the Khmer rouge regime and broke a record of economic growth of about 7% for 20 years. Cambodia also continues to reform and provides a more favourable investment environment as well, he added.

- Video Advertisement -

Samdech Techo Donates Land to Build Dormitories for Poor Female Students

5 June 2025

In a significant move to support education and empower women, Samdech Techo Hun Sen announced a generous donation of 2 hectares of land valued at over USD 10 million. This land will be used to construct dormitories for underprivileged female students who have come to Phnom Penh to pursue their studies. This initiative was revealed […]

Cambodia Welcomes 12 New Investment Projects Boosting Industry and Energy Sectors

2 June 2025

Cambodia is set to enhance its economic landscape with the approval of 12 new investment projects, collectively valued at USD155 million, specifically targeting the industry and energy sectors. This significant development was confirmed during a one-stop meeting chaired by His Excellency Chea Vuthy, Secretary-General of the Committee for Investment of Cambodia. These projects are not […]

Chinese Investors Eye Opportunities in Cambodia’s Booming Economy

28 May 2025

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

22 May 2025

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

20 May 2025

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

13 May 2025

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 […]