Malaysia Eyes Investing Potential in Kampong Speu Province

A group of Malaysian investors has been exploring investment potential in key sectors in Kampong Speu province including real estate, tourism, trade, agriculture, industry, and solar power. The investment interest was mentioned in a meeting between Kampon Speu Governor HE Vei Samnang and the Ambassador of Malaysia Eldeen Husaini Hohd Hasim on 16 March. According […]

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Cambodia’s first home & living one-stop-shop SCG Design Village officially opens

SCG HOME DESIGN VILLAGE Opens its first home lifestyle store in Cambodia with beyond inspiring living experience SCG HOME DESIGN VILLAGE, the first home lifestyle store in Phnom Penh, big grand opening since 14th March at Sen Sok district, Phnom Penh. SCG Home Design Village announced a world-class home with numerous decorations, modern, stylish and […]

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PP Governor: Construction Sector Continues to Grow With Over US$2.2bn Investment Recorded in 2021

Phnom Penh Governor HE Khuong Sreng has confirmed that the construction sector in the capital in early 2022 has continued to grow despite pressure from the COVID-19 crisis in 2020 and 2021. During the ground-breaking ceremony of a new 44ha borey project in Prek Pnov district, HE Khuong Sreng said, as of 2022, there are […]

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Hattha Bank Invests US$15 million in CAIC Bond to Fund New Airport Development

Hattha Bank Plc has invested US$15 million in guaranteed bonds of the Cambodia Airport Investment Co., Ltd. (CAIC) to fund the development of the Techo International Airport. The agreement was signed on 4 March held between CAIC Director Mr Charles Vann, Hattha Bank President and CEO Oknha Hout Ieng Tong, in the presence of Neak […]

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CDC Approves US$2.5 Million Factory Investment in Kampong Cham

The Council for the Development of Cambodia (CDC) has approved Skuon Shoes Manufacture Co., Ltd to establish a shoe factory. According to a CDC announcement on 3 March, the investment value will be US$2.5 million with the factory located along NR6 in Roveang village, Khnor Dambang commune, Cheung Prey district, Kampong Cham province. This investment […]

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Draft Automotive & Electronics Sectors Roadmap Completed, Under Discussion with Stakeholders

The drafts of the automotive and electronics sectors roadmaps have been completed and are under discussion and review by supporting stakeholders and investors. The draft roadmaps were discussed on 1 March among eight ministries/agencies, with support from the UK government’s Accelerated COVID-19 Economic Support (ACES) programme in partnership with the Boston Consulting Group (BCG) to […]

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Construction & Real Estate Share 18% of Total Credit of US$38 Billion

Total loans from commercial banks and specialised banks to customers was recorded at US$38.6 billion as of the end of 2021, a year-on-year increase of 24.4%. Credit to construction and real estate activities were cumulatively at US$6.93 billion, or 18% of the total. The National Bank of Cambodia’s latest report has shown that credit to […]

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Sailun Group Injects US$268m More on All-Steel Radial Truck Tyre Production Plant in Svay Rieng

Chinese tyre manufacturer, Sailun Group, plans to set up an all-steel radial truck tyre production plant in addition to its existing tyre manufacturing facility in Cambodia, investing an additional US$268 million. The company is targeting production of 1.6 million tyres per year, for exports to the U.S. and Europe, according to a media report on […]

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New US$2.5m Electric Equipment Factory Officially Launched in Pursat’s Krakor District

An electronic products assembly plant of SchneiTec CHINT Co., Ltd worth about US$2.5 million has been officially launched in Sna Ansar commune in Krakor district, Pursat province. The inauguration ceremony was held on 28 February in the presence of Minister of Mines and Energy HE Suy Sem and Director General of Electricity of Cambodia HE […]

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Turkish Investors Mull Investing in Cambodia’s Construction Sector

Turkish investors have expressed interest in investing in Cambodia’s construction sector, citing that Cambodia has very high investing potential, according to the Cambodian Chamber of Commerce. The interest was raised by Mr Ferudun Cevahiroglu, President of the Turkish Federation of Industrial Businesses, in a meeting held on 26 February with the Cambodian delegation led by […]

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