Investment and Funding
Australia Grants Over AUD83.6 M to Foster Key Sectors in Cambodia
Australia has extended its support by providing an official development assistance of AUD83.6 million (over US$ 56.5 million). This commitment is aligned with Australia’s dedication to enhancing economic and social prosperity in Cambodia and marks a step towards reinforcing the strong bilateral ties between the two nations. The development assistance, as outlined in a letter […]
Read MoreFDI in Cambodia Surges to US$45 Billion in Q1 2023
In an impressive display of investor confidence, Cambodia’s foreign direct investment (FDI) has soared to over US$45.8 billion in the first quarter of 2023. According to a report from the National Bank of Cambodia, the country has witnessed a steady inflow of capital from major sources including China, South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, […]
Read MoreNearly US$1.1 Billion Investment Projects Approved by CDC 1H 2023, Fueling Economic Growth in Cambodia
The Council for the Development of Cambodia (CDC) has greenlit an impressive array of 113 investment projects and expansions in the first half of 2023, boasting a staggering total capital investment of approximately US$1.1 billion. This momentous milestone not only showcases the country’s robust investment climate but also signals its steadfast commitment to fostering sustainable […]
Read MoreSSEZ: A Vital Link between Cambodia and China in the Belt and Road Framework
The Sihanoukville Special Economic Zone (SSEZ) stands as a monumental achievement, serving as a vital bridge connecting Cambodia and China within the framework of the ambitious Belt and Road Initiative. This collaborative project has not only brought economic prosperity but has also created employment opportunities for tens of thousands of Cambodians. Liu Lianchi, the deputy […]
Read MoreCICC Unveils Five Transformative Projects to Foster Siem Reap’s Development
The Cambodia International Trade Association (CICC) has recently announced the launch of five groundbreaking projects aimed at driving the growth of Siem Reap province and generating employment opportunities for its residents. This momentous revelation came to light during a meeting between Mr. Johnny Mo, Director of the International Trade Association of Cambodia (CICC), and HE […]
Read MoreCambodia Securities Exchange Sees Growing Investor Interest: 20 Companies Invest $330 Million
The Cambodia Securities Exchange (CSX) continues to gain momentum as the number of listed companies on the IPO reaches an impressive milestone of 20, with a cumulative capital investment of US$330 million. HE Hong So Hour, the Government delegate overseeing the Cambodia Securities Exchange Company, made this announcement during the official registration ceremony of Meng […]
Read MoreCambodia Signs Concessional Loans Worth US$488 Million, Bolstering Public Investments for Sustainable Growth
Cambodia’s commitment to fostering sustainable economic growth and driving public investments received a significant boost in the first quarter of this year, as the Cambodian government inked new concessional loan agreements with development partners. The total amount of these loans reached an impressive US$488 million, propelling the country’s public debt to US$10.23 billion as of […]
Read MoreJapan Extends Nearly US$200m in Funding for Rural Road Enhancement and Clean Water Expansion in Siem Reap
The Government of Japan has demonstrated its commitment to improving infrastructure and living conditions in Cambodia by granting nearly US$200 million in concessional loans. The official signing ceremony, held on 20th June 2023, marked the exchange of letters and related documents, solidifying Japan’s support for rural road enhancement and water supply expansion projects in Siem […]
Read MoreChina Extends US$2 Million Grant to Cambodia for 9 Transformative Projects under Mekong-Lancang Cooperation
China has generously allocated a grant of US$2 million to Cambodia through the Mekong-Lancang Cooperation, empowering the implementation of nine vital projects within the country. This noteworthy financial assistance was extended under the auspices of the Special Fund Agreement for the 2023 Mekong-Lancang Cooperation Project, a testament to the enduring partnership between the two nations. […]
Read MoreDRF-Mart Set to Unveil Luxurious US$14 Million Supermarket in Bustling Sihanoukville
DRF-MART FA DAO JIA TRADING CO., LTD, a prominent private company, has secured the prestigious investment project registration certificate from the Cambodian Investment Committee of the Council for the Development of Cambodia (CDC). The certificate paves the way for the construction of an opulent US$14 million supermarket in the vibrant city of Sihanoukville. The CDC […]
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