Investment and Funding
ADB Continues Support for Cambodia’s Development with US$4.6 Billion Investment
The Asian Development Bank (ADB) has been a strong partner in Cambodia’s development journey, with a total investment of US$4.6 billion for 331 public sector projects in the form of loans, grants, and technical assistance. This was revealed in the ADB Member Fact Sheet 2022, which was released in April 2023. In 2022, ADB has […]
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Korean Auto Parts Manufacturer YURA Harness Plans to Establish a Research and Development Center in Cambodia
Korean auto parts manufacturer YURA Harness (Cambodia) Co., Ltd. is set to establish a research and development center in Cambodia, following the successful inauguration of its wiring assembly plant in Kampong Speu province. This development was announced during a meeting between the delegation of YURA Harness (Cambodia) Co., Ltd. and the Minister of Industry, Science, […]
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Chinese Investors Eyeing Cambodian Agriculture, Plans $400 Million Investment on 300K hectares
Chinese investors are looking to invest $400 million in Cambodia’s agricultural sector, requiring 300,000 hectares of land, according to a recent meeting between a Chinese investment delegation and the governor of Kampong Thom province on 27 April 2023. HE Duong Dara, Samdech Hun Sen’s personal assistant and Secretary of State of the Council of Ministers, […]
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OCIC and BIG C Join Forces to Bring Top-Notch Shopping Experience to Chroy Changvar Satellite City
OCIC, one of Cambodia’s most prominent developers, has recently signed a memorandum of understanding with BIG C Shopping Mall from Thailand to bring the top brand to the new Chroy Changvar satellite city, situated north of Phnom Penh. According to a press release by OCIC on 22 April 2023, the BIG C shopping mall project […]
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Gov’t Approved two Investment projects worth US$ 10.4m in Kandal province
The Council for the Development of Cambodia (CDC) has recently approved two investment projects worth a total of US$10.4 million in Kandal Province and Phnom Penh, according to a statement released on the CDC website on 24 April 2023. The first investment project, “FITLY APPAREL CO., LTD,” will invest US$5.3 million in establishing a garment […]
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Thailand Eyeing Investment Opportunities in Cambodia’s Booming Logistics Sector
Thailand is exploring investment opportunities in Cambodia’s logistics sector, as the two countries seek to strengthen cooperation in this area. At a meeting on 19 April 2023.between HE Sun Chanthol, Cambodia’s Minister of Public Works and Transport, and Mr. Supachai Verapuchong, CEO of Logistics Intelligence Cambodia Co., Ltd, the Thai delegation expressed its desire to […]
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Gov’t approves US$85 million investments in cattle and rubber farms in Kratie and Preah Vihear
The Investment Committee of Cambodia’s Council for the Development of Cambodia (CDC) has approved two investment projects that will contribute to the country’s economic growth and development. Eastern Rubber (Cambodia) Co., Ltd will invest US$73.4 million to establish a large-scale cattle and beef cattle farm in Snuol district, Kratie province, while Rithy Rubber (Cambodia) Co., […]
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CDC Approves $36.2 Million Investment in Solar Panels and Agricultural Products in three provinces
The Council for the Development of Cambodia (CDC) has recently granted registration certificates to four companies with a total investment of $36.2 million, aimed at constructing four factories in three provinces. According to the CDC, the investments are expected to boost the economy and provide job opportunities for locals. One of the companies, “SUNFLOWER ENERGY […]
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Trust Sector in Cambodia on Track to Reach US$1 Billion Capital Registration by End of 2023
The Trust Regulator (TR) in Cambodia has announced a positive outlook for the country’s trust sector, with a projected capital registration of more than US$1 billion by the end of 2023. As of March 2023, the total capital registered by the TR had already reached US$940 million, with 512 trusts registered. According to TR Director-General […]
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Cambodia and Korea Sign US$1.6 Billion Concessional Loan Agreements for Development Projects
Cambodia and Korea signed 32 concessional loan agreements worth a total of US$1.6 billion to finance 29 development projects and programs by 2022. This was announced during a courtesy call between HE Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, and HE Park Jung-Wook, Korean ambassador to Cambodia, on 3 April. Under […]
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