Projects Development
Cambodia Secures USD 2m in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects
Cambodia has been granted a USD 2 million special fund from the 2024 Mekong-Lanchang Cooperation (MLC) to support the development of eight strategic projects, according to a press release issued by the Ministry of Foreign Affairs and International Cooperation on 3 September 2024. These projects span critical sectors such as tourism, demining, agriculture, rural development, […]
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Hong Kong’s Fung Group Eyes Expansion in Cambodia’s Textile Industry, Exploring New Investment in SEZs
Fung Group, a prominent Hong Kong-based conglomerate, has expressed interest in expanding its investments into Cambodia’s textile and garment sectors, particularly within the country’s Special Economic Zones (SEZs). This intent was shared during a working meeting between HE Sun Chanthol, First Deputy Prime Minister and Vice President of the Council for the Development of Cambodia […]
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Kampong Speu Leads Cambodia with 95 New Investment Projects in Just One Year
From September 2023 to August 2024, Kampong Speu province emerged as a top destination for investment in Cambodia, attracting 95 new projects out of a total of 391 approved by the Council for the Development of Cambodia (CDC). This influx of investments highlights Kampong Speu’s rising prominence as an industrial and economic hub, as reported […]
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Techo Takhmao International Airport Nears Completion with 82% of Construction Finalised
The ambitious construction project of Techo Takhmao International Airport, a Class 4F facility with an initial investment of USD 1.5 billion, is now 82% complete, according to AMS Central media on 27 August 2024. His Excellency Mao Havnall, Spokesman of Civil Aviation, confirmed that the remaining construction work, less than 20%, is on track to […]
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Canada-ASEAN Business Council Eyes Agro-Industrial Investments in Cambodia
The Canada-ASEAN Business Council (CABC) is actively exploring investment opportunities in Cambodia’s burgeoning agro-industrial sector, underscoring the nation’s potential as a hub for agricultural and food industry growth. This initiative was discussed during a meeting on 28 August 2024 between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the […]
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Kampot Unveils Cambodia’s Tallest & Largest Khmer-Style Clock Tower to Boost Tourism
Kampot province has unveiled Cambodia’s tallest and largest clock tower, standing at 35 metres high, with a clock face nearly 10 metres in diameter. This impressive structure, designed in traditional Khmer style, was officially launched during the groundbreaking Ceremony, attended by HE Dr Mao Thunin, Governor of Kampot Province, and Lok Chumteav Hun Chanthy Mao […]
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Chinese Association Proposes New SEZ on 32 Hectares in Takeo Province
The Chaosan Chinese Business Association has proposed the establishment of a new Special Economic Zone (SEZ) on a 32-hectare site in Bati district, Takeo province, with the primary objective of creating job opportunities for the local population. This initiative was discussed during a meeting between HE Vy Samnang, the Governor of Takeo Province, and Mr. […]
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Singapore Invests USD 400m in Cambodia Over Five Years
Over the past five years, Singapore has emerged as one of the top 10 sources of foreign direct investment (FDI) in Cambodia, with a total investment of USD 400 million, according to the Council for the Development of Cambodia (CDC). This significant influx of capital was highlighted at the Singapore Business Fair 2024, underscoring Singapore’s […]
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Chinese Firm Explores Investment in Cambodian Fresh Fruit Processing Plant
DOMI Biotechnology Co., Ltd. from China is exploring the possibility of establishing a fresh fruit processing plant in Cambodia, with a focus on durians and coconuts. This development follows a high-level meeting on 12 August 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr. Wan Yanhu, President of DOMI Biotechnology […]
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Chery Holding Group Eyes Investment in Cambodia’s Automobile & Auto Parts Industry
Chery Holding Group, a leading Chinese conglomerate, has expressed a strong interest in investing in Cambodia’s burgeoning automobile and auto parts industry, with ambitions to serve domestic, regional, and international markets. This potential investment was highlighted during a meeting between Xu Hui, Deputy General Manager of Chery Holding Group Co., Ltd, and Cambodian Prime Minister […]
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