Investment and Funding
Thailand Eyeing Investment Opportunities in Cambodia’s Booming Logistics Sector
Thailand is exploring investment opportunities in Cambodia’s logistics sector, as the two countries seek to strengthen cooperation in this area. At a meeting on 19 April 2023.between HE Sun Chanthol, Cambodia’s Minister of Public Works and Transport, and Mr. Supachai Verapuchong, CEO of Logistics Intelligence Cambodia Co., Ltd, the Thai delegation expressed its desire to […]
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Gov’t approves US$85 million investments in cattle and rubber farms in Kratie and Preah Vihear
The Investment Committee of Cambodia’s Council for the Development of Cambodia (CDC) has approved two investment projects that will contribute to the country’s economic growth and development. Eastern Rubber (Cambodia) Co., Ltd will invest US$73.4 million to establish a large-scale cattle and beef cattle farm in Snuol district, Kratie province, while Rithy Rubber (Cambodia) Co., […]
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CDC Approves $36.2 Million Investment in Solar Panels and Agricultural Products in three provinces
The Council for the Development of Cambodia (CDC) has recently granted registration certificates to four companies with a total investment of $36.2 million, aimed at constructing four factories in three provinces. According to the CDC, the investments are expected to boost the economy and provide job opportunities for locals. One of the companies, “SUNFLOWER ENERGY […]
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Trust Sector in Cambodia on Track to Reach US$1 Billion Capital Registration by End of 2023
The Trust Regulator (TR) in Cambodia has announced a positive outlook for the country’s trust sector, with a projected capital registration of more than US$1 billion by the end of 2023. As of March 2023, the total capital registered by the TR had already reached US$940 million, with 512 trusts registered. According to TR Director-General […]
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Cambodia and Korea Sign US$1.6 Billion Concessional Loan Agreements for Development Projects
Cambodia and Korea signed 32 concessional loan agreements worth a total of US$1.6 billion to finance 29 development projects and programs by 2022. This was announced during a courtesy call between HE Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, and HE Park Jung-Wook, Korean ambassador to Cambodia, on 3 April. Under […]
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AFD Increases Funding to €200m for Cambodia, €25M (US$27M) Allocated for Rural Road Development
The French Agency for Development (AFD) has reaffirmed its commitment to supporting Cambodia’s economic growth by doubling its cooperation financing from €100 million to €200 million per year. Furthermore, an additional €25 million (US$ 27 million) will be allocated to the Department of Rural Development for rural infrastructure development. At the recent meeting on 28-29 […]
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JICA signs US$30m additional grant to expand water supply system in Svay Rieng
The Japan International Cooperation Agency (JICA) has signed an amendment to a grant agreement with the Ministry of Economy to expand the water supply system (WSS) in Svay Rieng province worth more than US$30m (3,986 million yen). The agreement was signed by His Excellency Aun Porn Moniroth, Minister of Economy and Finance, on 21 March […]
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How Cambodian Migrants’ US$2.7B Contribute to Real Estate Investment and Economic Growth
More than 1.3 million Cambodians living and working overseas contribute to their home country’s economic growth by remitting approximately US$2.7 billion annually to their families. The remittances, which are often invested in the real estate sector and saved for future business opportunities, support the well-being of working families. According to a report from the Ministry […]
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Banteay Meanchey Received Almost US$1.5M Daily from Customs Revenues
Banteay Meanchey province has earned almost US$1.5 million in customs revenue daily, making it one of the most successful provinces in Cambodia in this regard. This was announced by HE Um Reatrey, Governor of Banteay Meanchey province, during a press conference held on 28 March 2023. “Based on the data of the customs branch reported, […]
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Prey Veng Province Generates US$ 5 Million from Construction Stone Business in 5 Years
The collection of tax revenue from all types of construction stone businesses in the province has amounted to approximately US$ 5 million in the past five years. The revenue was collected from all kinds of sand and stone processing businesses, totaling around US$ 4.57 million from 2018 to 2022, with US$ 2.19 million collected in […]
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