Investment and Funding
Government Plans to Spend Over US$240 million Building Three New Airports
The government plans to spend more than US$240 million on building three new airports to serve domestic flights. According to the report from the Secretary of State for Civil Aviation (SSCA), the three new airport projects are within the 2019-2024 aviation infrastructure investment scheme. An estimated US$80 million is planned for the construction of the […]
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Construction Begins on Vietnam’s US$520-million Industrial Park
Construction has begun on a 10-sq-km industrial park in Vietnam’s southern province of Binh Thuan with a ground-breaking ceremony attended by Prime Minister Pham Minh Chinh. The construction will cost US$520 million and the park will serve sectors ranging from building materials to food processing when complete in 2025, according to GCR. The park will […]
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Chinese Gov’t to Issue US$29bn Loan to Help Developers Complete Housing Projects
The Chinese government plans to issue 200 billion yuan (US$29 billion) in special loans to help developers finish their stalled housing projects, according to Caixin. This loan will be issued under the cooperation of the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the central bank. The loan may be provided by […]
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Future of Unfinished Construction in SHV: Perspective of Investors, Government & Locals
After the Cambodian government shut down online gaming in Sihanoukville, combined with the arrival of the COVID-19 pandemic in 2020, Sihanoukville’s economy plummeted while the overheated real estate market in the province finally cooled and dramatically so. After Chinese investors left Cambodia, a total of 1,155 construction projects were left unfinished with the rental price […]
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Government bond issuance is expected in August or September this year
The government is preparing to issue 1.2 trillion Riel (equivalent to US$300 million) government bonds in 2022 to raise capital from the stock market to develop the national economy. HE Meas Soksensan, Secretary-General, and spokesman for the Ministry of Economy and Finance stated that the government may issue the bond in August or September, while […]
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My Second Home Impel Cambodia to compete with Thailand
Cambodia My Second Home has impelled Cambodia to become a competitor to Thailand to attract foreign investors through real estate developments. This is according to pattayamail published on July 12, 2022. Cambodia My Second Home is not the same as the 10-year visa application for the new Thai Immigration Initiative, as it does not provide […]
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Program to Offer a 10-year Visa to Foreign Investors Launched in Cambodia
Cambodia has launched a program to encourage foreign investment that offers a ten-year visa and other benefits to those who invest in the country. Named, the “Cambodia – My Second Home” program, it has been exclusively launched by the Khmer Home Charity Association with full authorisation from the Ministry of Interior. The goal of the […]
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Four New Auto Brands to Set Up Assembly Plants in Cambodia
In addition to Ford, four new auto brands are set to open auto assembly plants in Cambodia located in Cam MJ Industrial Park on National Road 3 in Angkor village, Ang Por Peul commune, Kong Pisey district, Kampong Speu province, with an investment of about 15.6 million US dollars, according to the release of the […]
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CDC Approves Six New Major Investment Projects Worth Almost US$80 million
The Council for the Development of Cambodia (CDC) has approved a private investment of US$79.9 million to set up six factories in Phnom Penh, Kampong Speu, Kampong Chhnang and Kandal provinces: BAOSTEEL CAN MAKING (CAMBODIA) CO., LTD will establish a canning factory in Kraing Leav village, Sambo commune, Samrong Tong district, Kampong Speu province with […]
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Motor Cambodia Assembly Plant Worth Over US$20 million Officially Inaugurated
The Motor Cambodia Assembly Plant worth more than US$20 million in Pursat province was officially inaugurated on 16 June 2022 by His Excellency Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army. Speaking at the event, HE Hun Manet expressed his great pride in the people of Pursat, especially […]
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