France Invests US$600m in Cambodia’s Expanding Sectors

French investment in Cambodia has surged to a combined value of €560 million (approximately US$600 million), significantly impacting the construction, agro-industry, and services sectors, according to a report from the French Embassy to Cambodia on Friday. This announcement was made in conjunction with the signing of the second France Cambodia Business Forum, scheduled from 8 to 10 July 2024 in Ca...

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Royal Group Phnom Penh SEZ Secures Nearly US$10m from Green Bond Listing

Royal Group Phnom Penh SEZ Plc has successfully raised US$9.96 million from its green bond listing on the Cambodia Securities Exchange (CSX) to fund the construction of a wastewater treatment plant and its infrastructure. The official bond listing ceremony took place on 28 June 2024 at the CSX building, presided over by HE Dr Hean Sahib, Secretary of State of the Ministry of Economy and Finance (M...

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Vietnamese Investments in Cambodia Reach Nearly US$3bn Across 200+ Projects

Vietnamese investors currently operate 208 projects in Cambodia, with a total registered capital of US$2.91 billion, according to a report from the Vietnamese Embassy. This positions Vietnam among the top 10 countries with the most investment projects in Cambodia. HE Nguyen Huy Taing, Ambassador of Vietnam to Cambodia, highlighted these figures during an interview with the state-run Cambodian N...

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World Bank Allocates US$145m to Enhance Cambodia’s Water Supply Infrastructure

The World Bank has committed US$145 million to Cambodia to support the enhancement of the country's water supply infrastructure, a project that is expected to benefit over 113,000 people. Funded by the World Bank's International Development Association (IDA), this initiative will be implemented over five years by the Ministry of Water Resources and the Ministry of Agriculture. Ms. Maria Salim, ...

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World Bank Approves US$275m Loan to Bolster Cambodia’s Economic Growth

The World Bank has approved a US$275 million loan package to support Cambodia's long-term economic growth and resilience. The funding, sourced from the International Development Association (IDA), aims to drive reforms to enhance the competitiveness of the private sector and strengthen the country's finances to assist the most vulnerable populations. This announcement was made by WB on 21 June 202...

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Cambodia FDI In 2023: Real Estate Soars to Third Place

As of 2023, foreign direct investment (FDI) in Cambodia surged to 197.8 trillion KHR (US$48.4 billion), marking a 7.9% increase over the previous year. This substantial influx of investment was channelled into key sectors such as financial activities, manufacturing, real estate, accommodation, agriculture, energy, and construction, according to a recent report released on 18 May 2024. The repor...

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Cambodia Secures US$140m in Concessional Loans for Q1 2024 Infrastructure Development

In the first quarter of 2024, the Cambodian government signed new concessional loans worth US$140 million with development partners, marking a year-on-year decrease of 71%. This significant reduction in new loans reflects the latest figures from Cambodia’s Public Debt Situation report issued on Friday, 17 May 2024. Additionally, during Q1 2024, the RGC disbursed US$141 million from existing con...

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Dubai Issues Golden Visa: A Luxury House Costs US$24m, Still Cheap for Chinese Buyers

Dubai's Booming Market and Golden Visa Scheme Lure Investors from Mainland China and Hong Kong Fuelled by a thriving real estate market and a fast-track residency program, Dubai is rapidly becoming a top destination for property investors from mainland China and Hong Kong, according to industry experts. This shift in investor focus comes after years of strong interest in Portugal, but Dubai's a...

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SHV Autonomous Port Generates Over US$35m in Four Months, Up 24%

In the first four months of 2024, Sihanoukville Autonomous Port earned over US$35 million from its import and export operations, handling more than 3 million tons of goods. This marks a significant 24.40% revenue increase compared to the same period in 2023. This data was reported by Mr. Thai Rithy, Deputy Director General of Sihanoukville Autonomous Port Corporation, on 5 June 2024. Mr. Rithy ...

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Beijing Invests US$42bn to Revive Struggling Real Estate Sector, but Analysts Warn Insufficient

In a bold move to stabilise the struggling property market, the People's Bank of China (PBOC) is establishing a nationwide program offering a staggering 300 billion yuan (US$41.5 billion) in loans, as reported by CNN, 17 May 2024. Industry experts estimate this initial injection could ultimately translate into 500 billion yuan (US$69 billion) worth of credit. This significant financial stimulus...

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