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ខ្មែរ Investment and Funding
Future of Unfinished Construction in SHV: Perspective of Investors, Government & Locals
- 5 September 2022
After the Cambodian government shut down online gaming in Sihanoukville, combined with the arrival of the COVID-19 pandemic in 2020, Sihanoukville’s economy plummeted while the overheated real estate market in the province finally cooled and dramatically so. After Chinese investors left Cambodia, a total of 1,155 construction projects were left unfinished with the rental price of real estate in...
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Government bond issuance is expected in August or September this year
- 5 August 2022
The government is preparing to issue 1.2 trillion Riel (equivalent to US$300 million) government bonds in 2022 to raise capital from the stock market to develop the national economy. HE Meas Soksensan, Secretary-General, and spokesman for the Ministry of Economy and Finance stated that the government may issue the bond in August or September, while the ministry is currently finalizing procedure...
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My Second Home Impel Cambodia to compete with Thailand
- 14 July 2022
Cambodia My Second Home has impelled Cambodia to become a competitor to Thailand to attract foreign investors through real estate developments. This is according to pattayamail published on July 12, 2022. Cambodia My Second Home is not the same as the 10-year visa application for the new Thai Immigration Initiative, as it does not provide bureaucratic details. For Cambodia My Second Home, th...
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Program to Offer a 10-year Visa to Foreign Investors Launched in Cambodia
- 7 July 2022
Cambodia has launched a program to encourage foreign investment that offers a ten-year visa and other benefits to those who invest in the country. Named, the “Cambodia - My Second Home” program, it has been exclusively launched by the Khmer Home Charity Association with full authorisation from the Ministry of Interior. The goal of the program is to promote trade and investment to those who w...
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Four New Auto Brands to Set Up Assembly Plants in Cambodia
- 18 June 2022
In addition to Ford, four new auto brands are set to open auto assembly plants in Cambodia located in Cam MJ Industrial Park on National Road 3 in Angkor village, Ang Por Peul commune, Kong Pisey district, Kampong Speu province, with an investment of about 15.6 million US dollars, according to the release of the Council for the Development of Cambodia (CDC) on 17 June 2022. The four auto brands...
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CDC Approves Six New Major Investment Projects Worth Almost US$80 million
- 18 June 2022
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 an investment capital of approximately ...
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Motor Cambodia Assembly Plant Worth Over US$20 million Officially Inaugurated
- 16 June 2022
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 the people of Krakor district because the US giant car manufactu...
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CDC Approves Four Investment Projects Worth about US$8.4M in PP & Sihanoukville
- 26 May 2022
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 SEZ. The second company is Neutralize (Cambod...
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Gov’t Approves Two Investment Projects Worth $US6M in Takeo and Kampong Speu
- 20 May 2022
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 the Development of Cambodia decided to issue the investment project regist...
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City Hall Asks France to Help Build Wastewater Treatment Plant in North-western Phnom Penh
- 19 May 2022
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. HE Khoung Sreng said that JICA of Japan has helped to build several...
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