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ខ្មែរ Investment and Funding
Australia to Provide US$65million Grant Aid for Three Priority Sectors in Cambodia
- 1 April 2022
Australia plans to provide US$65 million in grant aid to Cambodia for the development of three priority sectors for a five-year period from 2022 to 2027. According to a meeting between the Minister of Economy and Finance and the Australian Ambassador to Cambodia on 31 March 2022, this grant will support the development of sectors such as agriculture, trade and investment, and infrastructures su...
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Over 200 Korean Investment Projects Worth US$5bn Registered in Cambodia as of February 2022
- 1 April 2022
The Council for the Development of Cambodia (CDC) has registered 219 Korean investment projects worth a total of US$5 billion as of February 2022, a large part of which are construction and real estate projects. The figures were presented during a meeting between CDC Secretary-General HE Sok Chenda Sophea and South Korea’s Minister of Government Policy Coordination HE Koo Yun-cheol on 30 March....
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S. Korea agrees to provide Cambodia US$1.2bn new loan package for priority projects
- 30 March 2022
The government of South Korea has pledged to provide additional concessional credit packages through a new Framework Arrangement of about US$1.2 billion to Cambodia from 2022 to 2026. The new concessional loan package was announced at a meeting between Minister of Economy and Finance HE Aun Porn Moniroth and Korean Minister of Government Policy Coordination HE KOO Yun Cheol, on March 29, 2022. ...
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Transport Minister: Cambodia Needs US$50bn to Implement 10-Year Logistics Master Plan
- 22 March 2022
Minister of Public Works and Transport HE Sun Chanthol has stated that Cambodia will need approximately US$50 billion for the implementation of the logistics master plan in kingdom over the next 10 years. HE Sun Chanthol unveiled the plan during the ground-breaking ceremony for the large-scale cold storage facility at the container terminal of the Phnom Penh Port on 22 March. (Read more) He ...
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Ellis Walk: Access North Carolina with a Lennar Property
- 21 March 2022
Advertorial Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community of Ellis Walk, a ...
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Malaysia Eyes Investing Potential in Kampong Speu Province
- 18 March 2022
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 to HE Vei Samnang, the Ambass...
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Cambodia’s first home & living one-stop-shop SCG Design Village officially opens
- 15 March 2022
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 innovative with luxurious living brands to...
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PP Governor: Construction Sector Continues to Grow With Over US$2.2bn Investment Recorded in 2021
- 11 March 2022
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 a total of 310 boreys and 1,603 high-rise buildings (225 are buildings with ...
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Hattha Bank Invests US$15 million in CAIC Bond to Fund New Airport Development
- 4 March 2022
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 Oknha Dr Pung Kheav Se, Chairman of Overseas Cambodian Investment ...
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CDC Approves US$2.5 Million Factory Investment in Kampong Cham
- 3 March 2022
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 will help create 435 jobs once operational...
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