Investment and Funding
Japan Provides Over US$300k to Support Education & Disabilities Sector in Cambodia
The Government of Japan provides a sum of over US$300,000 to three institutions in Cambodia for the implementation of rural education and rehabilitation programs. This announcement was made following signing of a grant agreement between HE Ou Noo Atsushi, Ambassador of Japan to Cambodia, and representatives of the three beneficiaries on the afternoon of 6 […]
Read More
US Pledges to Attract More US Investors to Cambodia
Six major US companies have expressed their commitment to help attract more US investors to Cambodia during a meeting with HE Senior Minister Sun Chanthol, Minister of Public Works and Transport, and the delegation of the US-ASEAN Business Council. The companies include ConocoPhillips, Ford (RMA Group), Pfizer, Visa, and Vriens & Partners. The meeting was […]
Read More
Trusts Register with Total Capital of US$730m as of February 2023
Cambodia’s Trust Regulator (TR) has reported that 492 trusts have been registered as of 23 February 2023, with a combined capital of US$735 million. The Commercial Trust sector has the largest number of trusts, accounting for 66% of the total registered capital at US$492 million, followed by Financial Trust at US$174 million and Public Trust […]
Read More
In Four Months, PP-SHV Expressway Generated Almost US$11 Million
The Phnom Penh-Sihanoukville Expressway earned almost US$11 million in the first four months since the start of traffic charging on 1 November 2022 to 28 February 2023, according to the Ministry of Public Works and Transport. The ministry further announced that it is continuing to work with operators to enhance the provision of expressway services […]
Read More
ADB Provides US$10m Loan to CP Bank for Boosting SMEs in Cambodia
The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan agreement of US$10 million to support the recovery of micro, small, and medium-sized enterprises (MSMEs) in Cambodia from the COVID-19 pandemic by expanding their access to finance. At least 50% of the proceeds are marked to finance MSMEs led by […]
Read More
Gov’t Urges Establishment of More Waste-Processing Plants
Secretary of State and spokesperson of the Ministry of Environment HE Neth Pheaktra has encouraged the private sector to establish more waste processing plants in Cambodia, as each year Cambodia produces more than 4 million tons of waste. HE Neth Pheaktra said on 9 February that recycling waste will help contribute to reducing the impact […]
Read More
Chinese Firms Jointly Provide US$4.5m to Build Two Major Infrastructure Projects in Cambodia
Three major Chinese companies have jointly provided more than US$4 million in grants to Cambodia to construct two major infrastructure projects, according to the meeting between PM Samdech Hun Sen and three Chinese companies during his trip to China on 9 February. The three significant investors are China Road Bridge Corporation, Beijing Urban Construction Group, […]
Read More
Kampong Speu has 383 factories & enterprises worth nearly US$2 billion
As of February 9, 2023, Kampong Speu province has 383 factories and enterprises with capital worth over US$2 billion, Governor Vy Samnang on 9 February. HE Samnang stressed that Kampong Speu province has substantial growth in the factory industry, which provides jobs to over 155,761 workers (115,522 women). He added that in the textile, garment, […]
Read More
UK mulls investing more in energy & other sectors in Cambodia
UK investors want to boost investment in infrastructure in Cambodia, especially in the energy sector. The intention was expressed during the meeting between the Secretary of State of the Ministry of Mines and Energy HE Sok Khavan and representatives UK Infrastructure and Projects Authority (IPA) as well as the UK Embassy in Cambodia on 6 […]
Read More
Gov’t Urges Hungary to Invest More in Cambodia as Bilateral Trade Up 84% Y-o-Y
Cambodia has asked Hungarian investors to study and explore more trade and investment opportunities in Cambodia, as the two countries’ trade volume has increased significantly, reaching more than US$7 million in 2022. This is according to the meeting between Secretary of State of the Ministry of Commerce HE Tek Reth and new Ambassador of Hungary […]
Read More