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ខ្មែរ Investment and Funding
World Bank Commits $60 Million to Enhance Solid Waste and Plastics Management in Cambodia
- 11 May 2023
The World Bank Board of Executive Directors has granted approval for a significant $60 million credit from the International Development Association to support Cambodia in improving its solid waste and plastic management systems. This vital project will also receive co-financing of $3 million from the PROBLUE Trust Fund. In an official press release issued on 11th May, the World Bank highlighte...
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TRCS Co-Financing Supports 346 Tourism Businesses with $53.46 Million
- 11 May 2023
A total of 346 tourism businesses have received $53.46 million in financing as part of the Tourism Restoration and Growth Sector (TRCS) co-financing project, as of 30th April 2023, according to the Small and Medium Enterprise Bank of Cambodia (SME Bank of Cambodia) on 5th May 2023, The funding disbursed accounts for US$ 53.46 million, or 35.64% of the total budget allocated for the TRCS project...
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JICA funds US$167 M to Advance Rural Connectivity with Over 500km Road Improvement Project
- 5 May 2023
The Government of Japan, through the Japan International Cooperation Agency (JICA), is poised to inject US$167 million into funding projects aimed at enhancing the quality of over 500 kilometers of rural roads across four targeted provinces in northwestern Cambodia. The plans were unveiled by HE Ouk Rabun, Minister of Rural Development, and Mr. Sanui Kazumasa, the newly appointed President of JICA...
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ADB Continues Support for Cambodia’s Development with US$4.6 Billion Investment
- 3 May 2023
The Asian Development Bank (ADB) has been a strong partner in Cambodia's development journey, with a total investment of US$4.6 billion for 331 public sector projects in the form of loans, grants, and technical assistance. This was revealed in the ADB Member Fact Sheet 2022, which was released in April 2023. In 2022, ADB has committed to providing US$373 million in loans to Cambodia to support ...
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Korean Auto Parts Manufacturer YURA Harness Plans to Establish a Research and Development Center in Cambodia
- 29 April 2023
Korean auto parts manufacturer YURA Harness (Cambodia) Co., Ltd. is set to establish a research and development center in Cambodia, following the successful inauguration of its wiring assembly plant in Kampong Speu province. This development was announced during a meeting between the delegation of YURA Harness (Cambodia) Co., Ltd. and the Minister of Industry, Science, Technology and Innovation...
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Chinese Investors Eyeing Cambodian Agriculture, Plans $400 Million Investment on 300K hectares
- 28 April 2023
Chinese investors are looking to invest $400 million in Cambodia's agricultural sector, requiring 300,000 hectares of land, according to a recent meeting between a Chinese investment delegation and the governor of Kampong Thom province on 27 April 2023. HE Duong Dara, Samdech Hun Sen's personal assistant and Secretary of State of the Council of Ministers, expressed interest in Kampong Thom as a...
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OCIC and BIG C Join Forces to Bring Top-Notch Shopping Experience to Chroy Changvar Satellite City
- 25 April 2023
OCIC, one of Cambodia's most prominent developers, has recently signed a memorandum of understanding with BIG C Shopping Mall from Thailand to bring the top brand to the new Chroy Changvar satellite city, situated north of Phnom Penh. According to a press release by OCIC on 22 April 2023, the BIG C shopping mall project will be built on a 2.7-hectare site near the Neang Temmcha roundabout on th...
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Gov’t Approved two Investment projects worth US$ 10.4m in Kandal province
- 25 April 2023
The Council for the Development of Cambodia (CDC) has recently approved two investment projects worth a total of US$10.4 million in Kandal Province and Phnom Penh, according to a statement released on the CDC website on 24 April 2023. The first investment project, "FITLY APPAREL CO., LTD," will invest US$5.3 million in establishing a garment factory located in Ang Keo Village, Sangkat Choam Cha...
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Thailand Eyeing Investment Opportunities in Cambodia’s Booming Logistics Sector
- 19 April 2023
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 expand investment cooperat...
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Gov’t approves US$85 million investments in cattle and rubber farms in Kratie and Preah Vihear
- 18 April 2023
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., Ltd will invest US...
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