Investment and Funding
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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Golden Park Launches New Sales Office Along NR6 in Chroy Changvar Area
Advertorial Borey Golden Park officially opened a new sales office today in the Chroy Changvar area for the ease customers to visit the actual site of The Natural project. The new sales office is located along NR6 just 3 minutes from Ly Yong Phat Road and 12 minutes from the Chroy Changvar Bridge. To celebrate […]
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Lavish Lennar Community in Miami, Florida
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. Hugging Florida’s southeast Atlantic coastline, the vibrant metropolis of Miami […]
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Gov’t Rejects 1,000ha Natural Lake Acquisition Proposal in Lvea Em District
The Cambodian government has rejected an investment proposal from the private sector to buy 1,000 hectares of a natural lake in Lvea Em district in Kandal province and has ordered the area be kept for public use. According to a statement from the government’s cabinet dated 24 August, a private company named Chnas Chnas Real […]
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CDC Approves Over 210 Japanese Investment Projects Worth Approx. US$3bn as of July 2021
As of July 2021, the Council for the Development of Cambodia (CDC) has approved Japanese companies to invest in a total of 211 projects in Cambodia worth over US$3 billion, most of which are investment projects in non-textile manufacturing sector. This is according to the 22nd meeting of the Cambodia-Japan Joint Committee on Monday 30 […]
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Private Firms Invest Approx. US$15million Setting Up Factories in Three Provinces
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$14.8.5 million in building factories in Kandal, Kampong Chhnang, and Takeo. The first investment permit has been granted to Shining Fashion Industrial Co., Ltd. to invest US$3.4 million to build a garment factory in Trapeang Peuk village, Peuk […]
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Power Plants, Livestock Farms & Factories Worth Over US$63m Approved for 5 Provinces
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$63.5 million in building a power plant, solar park, livestock farm, and several other factories in Kandal, Kampong Thom, Sihanoukville, Takeo and Kampong Speu. According to a CDC announcement on Monday 23 August, those seven companies include: 1. […]
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7-Eleven store opening in Phnom Penh delayed to year’s end
The plan to open Cambodia’s first 7-Eleven store has been delayed due to the surge in the community outbreak, with a new opening date expected to be by year’s end, according to CP All Chief Financial Officer Kriengchai Boonpoapichart. CP All (Cambodia) Plc, the master franchisee of 7-Eleven Cambodia, set an initial plan to open […]
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NR48 Renovation Project to Begin in November; Construction Agreement Signed
The Korean-funded NR48 renovation project connecting NR4 to Koh Kong province is scheduled to begin construction on 1 November, as the construction agreement contract has been already signed between the relevant parties. The signing ceremony was held on the morning of 23 August via ZOOM under the chairmanship of Minister of Public Works and Transport […]
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