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ខ្មែរ Investment and Funding
Draft Automotive & Electronics Sectors Roadmap Completed, Under Discussion with Stakeholders
- 2 March 2022
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 seek thei...
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Construction & Real Estate Share 18% of Total Credit of US$38 Billion
- 1 March 2022
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 construction was US$3.58 billion, or 9.3% of the total cred...
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Sailun Group Injects US$268m More on All-Steel Radial Truck Tyre Production Plant in Svay Rieng
- 1 March 2022
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 the IR Journal's report on 28 February. The ne...
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New US$2.5m Electric Equipment Factory Officially Launched in Pursat’s Krakor District
- 1 March 2022
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 Keo Rattanak. The project is a joint venture between S...
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Turkish Investors Mull Investing in Cambodia’s Construction Sector
- 28 February 2022
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 Vice President of th...
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PM Hun Sen Encourages Malaysia to Invest in Cambodia’s Construction & Real Estate Sectors
- 25 February 2022
Cambodian Prime Minister Samdech Hun Sen has encouraged Malaysian investors to take part more in the construction, real estate, and other potential sectors in Cambodia, citing that total Malaysian investment in Cambodia currently ranks third. Addressing a joint press conference with Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob on 24 February, PM Hun Sen said Malaysian companies shoul...
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Inter-Ministries, WB to Establish Standardised Solid Waste & Plastic Management in 5 Cities
- 24 February 2022
The Ministry of Interior has partnered with the Ministry of Economy and Finance, the Ministry of Public Works and Transport, the Ministry of Environment and the World Bank to study and develop a project to improve solid and plastic waste management in Cambodia. The project will be implemented with a US$60-million budget funded by the World Bank for a six-year period. According to the Ministr...
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Japan Plans to Invest in Building 2000-Unit Housing Project in Siem Reap
- 22 February 2022
Japanese company UR Linkage Co Ltd has unveiled a study plan to invest in building a 2,000-unit Japanese standard affordable housing project in Siem Reap. This project was presented in the 3rd Public-Private Forum on “Cambodia-Japan Urban Development’ held on 16 February. Named Sakura Angkor, the project is currently in the study phase and is a collaboration between Japan and Cambodia under ...
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Five firms sign MoU to strengthen real estate investment between Cambodia and EU
- 21 February 2022
Five major local and international companies have entered partnerships on new investment opportunities to promote real estate investment between Cambodia, Canada and Portugal. The MoU was signed on 18 February between Zillennium Co., Ltd (Z1 Group), Z1 Financial, Century 21 Fortuna Investment, Mercan Group and Mercadia Cambodia. The collaboration is an important step towards contributing to ...
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Hong Kong-Based SUNWAH Group Mulls Investing in Real Estate Sector in SHV
- 18 February 2022
The Sihanoukville provincial administration has expressed its full support to Hong Kong-based SUNWAH Group which intends to invest in the real estate sector in Sihanoukville, as company representatives are currently exploring investment potential in the province. The investment plan was unveiled during the meeting between Sihanoukville Governor HE Kouch Chamroeun and Director of SUNWAH Mr Jason...
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