CDC Approves Six New Major Investment Projects Worth Almost US$80 million

The Council for the Development of Cambodia (CDC) has approved a private investment of US$79.9 million to set up six factories in Phnom Penh, Kampong Speu, Kampong Chhnang and Kandal provinces: BAOSTEEL CAN MAKING (CAMBODIA) CO., LTD will establish a canning factory in Kraing Leav village, Sambo commune, Samrong Tong district, Kampong Speu province with […]

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Motor Cambodia Assembly Plant Worth Over US$20 million Officially Inaugurated

The Motor Cambodia Assembly Plant worth more than US$20 million in Pursat province was officially inaugurated on 16 June 2022 by His Excellency Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army. Speaking at the event, HE Hun Manet expressed his great pride in the people of Pursat, especially […]

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CDC Approves Four Investment Projects Worth about US$8.4M in PP & Sihanoukville

The Council for the Development of Cambodia (CDC) has given permits to four private firms to qualified investment in four projects worth US$8.4 million in Phnom Penh and Sihanoukville. The first company is Xiantong Wire and Cable Co., Ltd., investing US$5 million in building a factory to produce wires, cables, and extension cords in Sihanoukville […]

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Gov’t Approves Two Investment Projects Worth $US6M in Takeo and Kampong Speu

The Council for the Development of Cambodia (CDC) on May 20, 2022, approved a private company to invest in a total of 6.1 million US dollars in the construction of two factories in Kampong Speu and Takeo provinces. According to the investment request of the company, the Investment Committee of Cambodia of the Council for […]

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City Hall Asks France to Help Build Wastewater Treatment Plant in North-western Phnom Penh

Phnom Penh Municipality has asked France to help build another wastewater treatment plant in the northwest of Phnom Penh, as there are no wastewater stations in the area yet. This proposal was made in a meeting on 18 May 2022 between Phnom Penh Governor HE Khoung Sreng and HE Mr.Jacques Pellet, French Ambassador to Cambodia. […]

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US Congress Yearns for Strengthen Trade & Investment Ties with Cambodia in the Energy Industry

The US Congress intends to strengthen trade and investment ties with Cambodia in the energy industry to further boost trade between the two countries. This statement was made during a discussion between US Congressman, the Minister of Public Works and Transport, Minister of Commerce, and the Cambodian delegation with His Excellency Ron Estes, Member of […]

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CDC Approves Four Investment Projects Worth Over US$13M in PP, Kandal, Kampong Speu & Takeo

The Council for the Development of Cambodia (CDC) has given permits to 4 private firms to invest in 4 projects worth US$13.9 million in Phnom Penh, Kandal, Kampong Speu and Takeo. The first company is GLORY LIGHT (CAMBODIA) INTERNATIONAL CO., LTD., investing US$3.2 million in building a factory to produce kitchen and office materials (made […]

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ADB to Provide US$4.2 billion in Loans, Grants to Cambodia by 2021

As of 2021, the ADB has committed to 319 public sector loans, grants, and technical assistance totaling US$4.2 billion to Cambodia, according to the ADB Fact Sheet 2021 for Cambodia issued on 5 May. The loan, grants, and technical assistance focus on education, health, infrastructure, rural development, energy, transportation, and other important sectors. The ADB […]

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AMK Invests US$1m in CAIC Bond to Support Techo International Airport Construction

AMK Microfinance Institution Plc. invested US$1 million on 6 May 2022 in the Techo International Airport Guaranteed Bond through private placement. The funds raised from Techo International Airport Guaranteed Bond will be used for the construction and development of Techo International Airport in Kandal province. The coupon rate of CAIC bond is 5.5% per annum […]

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Gov’t Approves Six Investment Projects Worth Over US$150m in PP, Kandal, Kampong Speu, Takeo & Sihanoukville Provinces

The Council for the Development of Cambodia (CDC) has approved private investments of more than US$152.6 million to establish five factories and a business center in Phnom Penh, Kandal, Kampong Speu, Takeo, and Sihanoukville. According to the Prakas of the Council for the Development of Cambodia on 5 May 2022, there are six companies that […]

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