Investment and Funding
Cambodia Earns Over US$2m from Agro-Industrial Land Concessions
The Ministry of Agriculture, Forestry, and Fisheries as of August 2022 has given over 229 agro-industrial concessional land plots to the private sector, or equivalent to over 1.1 million hectares. The figure was shown by HE Veng Sakhorn, Minister of Agriculture, Forestry, and Fisheries on 25 August. Among them, 72 private firms have paid over […]
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Construction of New Offshore Koh Tonsay Tourism Port to Begin by Mid-October
A new Koh Tonsay Tourism Port located on the Koh Tonsay Island, 4km offshore of Kep province’s mainland, is set to begin construction on 16 October and is expected to take 15 months to complete. The construction timeline was set during the meeting on Thursday 30 September between the Kep provincial administration, the Ministry of […]
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China Pledges to End Foreign Coal Financing
China has pledged to end the financing of coal-fired power plants abroad and turn its support to green energy, according to US consultant Global Energy Monitor (GEM). Speaking at the UN General Assembly recently, Chinese president Xi Jinping said China would “step up support for other developing countries in developing green and low-carbon energy and […]
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United States Eyes Investment Opportunities in Pursat Province
The US Ambassador to Cambodia has expressed interest in investment opportunities in Pursat province after this province recently received the major investment project of a Ford motor assembly plant worth over US$21 million. Ambassador Patrick Murphy said during his official visit to Pursat province on 21 September that he is very proud of Pursat province […]
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Three Investment Projects Worth Over US$15 million Approved for Sihanoukville
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$15.1 million in building three news factories in Sihanoukville. The first investment permit has been granted to Mountain Forest Product Co., Ltd to invest US$2 million to build a factory producing plywood, furniture, furniture components, decorative materials from […]
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CDC Approves US$2.8-million Furniture Factory in Takeo Province
The Council for the Development of Cambodia (CDC) has recently given a permit to a private firm to invest US$2.8 million in building a large-scale furniture factory in Takeo province. According to the CDC announcement on 20 September, the permit has been granted to Kinway (Cambodia) Intelligent Home Furnishing Manufacturer Co., Ltd, which will establish […]
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Three Investment Projects Worth Over US$8 million Approved for Pou Senchey & Angk Snuol Districts
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$8.5 million in building three news factories in Kandal and Phnom Penh. The first investment permit has been granted to New T&K Textile Co., Ltd to invest US$2 million to build a garment factory in Trapeang Krasaing village, […]
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As of 2021, Cambodia has Nine Registered Automotive & Automotive Component Factories
As of 2021, Cambodia has a total of nine registered automotive and automotive component factories worth over US$61 million, according to the Ministry of Industry, Science, Technology, and Innovation. The ministry’s data showed that the investments are from Japan, China, South Korea, Thailand, and a local company. Of the total factories, two factories are automotive […]
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China Plays Key Role in Infrastructure Development in Cambodia, says PM Hun Sen
China has played a key role in infrastructure development projects in Cambodia, according to Cambodian Prime Minister Samdech Hun Sen. Speaking at the Morodok Techo National Stadium handover ceremony on Sunday, Samdech Hun Sen said to date China is the top financing source for Cambodia’s infrastructure development. “Some would say we lean too much toward […]
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New US$5-million Garment Factory Approved for Kean Svay District
The Council for the Development of Cambodia (CDC) has approved a new US$5 million investment project located in Kean Svay district in Kandal province. The firm receiving the permit is Flourish Garment (Cambodia) Co., Ltd, which will build a garment factory that would help generate 1,414 jobs for the locals. According to a CDC report, […]
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