Investment and Funding
PP Governor: Construction Sector Continues to Grow With Over US$2.2bn Investment Recorded in 2021
Phnom Penh Governor HE Khuong Sreng has confirmed that the construction sector in the capital in early 2022 has continued to grow despite pressure from the COVID-19 crisis in 2020 and 2021. During the ground-breaking ceremony of a new 44ha borey project in Prek Pnov district, HE Khuong Sreng said, as of 2022, there are […]
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Hattha Bank Invests US$15 million in CAIC Bond to Fund New Airport Development
Hattha Bank Plc has invested US$15 million in guaranteed bonds of the Cambodia Airport Investment Co., Ltd. (CAIC) to fund the development of the Techo International Airport. The agreement was signed on 4 March held between CAIC Director Mr Charles Vann, Hattha Bank President and CEO Oknha Hout Ieng Tong, in the presence of Neak […]
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CDC Approves US$2.5 Million Factory Investment in Kampong Cham
The Council for the Development of Cambodia (CDC) has approved Skuon Shoes Manufacture Co., Ltd to establish a shoe factory. According to a CDC announcement on 3 March, the investment value will be US$2.5 million with the factory located along NR6 in Roveang village, Khnor Dambang commune, Cheung Prey district, Kampong Cham province. This investment […]
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Draft Automotive & Electronics Sectors Roadmap Completed, Under Discussion with Stakeholders
The drafts of the automotive and electronics sectors roadmaps have been completed and are under discussion and review by supporting stakeholders and investors. The draft roadmaps were discussed on 1 March among eight ministries/agencies, with support from the UK government’s Accelerated COVID-19 Economic Support (ACES) programme in partnership with the Boston Consulting Group (BCG) to […]
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Construction & Real Estate Share 18% of Total Credit of US$38 Billion
Total loans from commercial banks and specialised banks to customers was recorded at US$38.6 billion as of the end of 2021, a year-on-year increase of 24.4%. Credit to construction and real estate activities were cumulatively at US$6.93 billion, or 18% of the total. The National Bank of Cambodia’s latest report has shown that credit to […]
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Sailun Group Injects US$268m More on All-Steel Radial Truck Tyre Production Plant in Svay Rieng
Chinese tyre manufacturer, Sailun Group, plans to set up an all-steel radial truck tyre production plant in addition to its existing tyre manufacturing facility in Cambodia, investing an additional US$268 million. The company is targeting production of 1.6 million tyres per year, for exports to the U.S. and Europe, according to a media report on […]
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New US$2.5m Electric Equipment Factory Officially Launched in Pursat’s Krakor District
An electronic products assembly plant of SchneiTec CHINT Co., Ltd worth about US$2.5 million has been officially launched in Sna Ansar commune in Krakor district, Pursat province. The inauguration ceremony was held on 28 February in the presence of Minister of Mines and Energy HE Suy Sem and Director General of Electricity of Cambodia HE […]
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Turkish Investors Mull Investing in Cambodia’s Construction Sector
Turkish investors have expressed interest in investing in Cambodia’s construction sector, citing that Cambodia has very high investing potential, according to the Cambodian Chamber of Commerce. The interest was raised by Mr Ferudun Cevahiroglu, President of the Turkish Federation of Industrial Businesses, in a meeting held on 26 February with the Cambodian delegation led by […]
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PM Hun Sen Encourages Malaysia to Invest in Cambodia’s Construction & Real Estate Sectors
Cambodian Prime Minister Samdech Hun Sen has encouraged Malaysian investors to take part more in the construction, real estate, and other potential sectors in Cambodia, citing that total Malaysian investment in Cambodia currently ranks third. Addressing a joint press conference with Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob on 24 February, PM Hun Sen […]
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Inter-Ministries, WB to Establish Standardised Solid Waste & Plastic Management in 5 Cities
The Ministry of Interior has partnered with the Ministry of Economy and Finance, the Ministry of Public Works and Transport, the Ministry of Environment and the World Bank to study and develop a project to improve solid and plastic waste management in Cambodia. The project will be implemented with a US$60-million budget funded by the […]
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