Investment and Funding
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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Chinese Firm Requests Cooperation with OCIC on Four Major Development Projects
A Chinese firm owned by a millionaire investor is requesting cooperation with Canadia Group and OCIC on four major development projects in Cambodia including the new Phnom Penh Airport, Koh Norea Boeung 500, and an industrial park project along NR51; citing millions of dollars being prepared to inject into Cambodia. The joint venture proposal and […]
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Chinese & Local Firms Mull Building 200ha Factory Complex in Kampong Speu
Kampong Speu Provincial Governor HE Vy Samnang has confirmed that a group of local and Chinese companies are expressing interest in setting up a 200-hectare factory complex in Kampong Speu province. This project was mentioned during a recent meeting between representatives of investment companies and HE Vy Samnang. “The firms have already presented investment plan […]
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Gov’t Officially Approves Mondulkiri Tourism Development Master Plan
The Cambodian government has officially approved the Mondulkiri Tourism Development Master Plan for 2021-2035, identifying Mondulkiri as an international eco-tourism destination and a crucial supply hub for flowers, vegetables, fruit and meat for both domestic consumption and export. Cambodian Prime Minister Samdech Hun Sen stated in a letter dated 12 August 2021that the Mondulkiri tourism […]
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Two Factories Worth Over US$5 million Approved for Kandal & Takeo
The Council for the Development of Cambodia (CDC) approved two investment projects on Friday 13 August worth US$5.5 million for Kandal and Takeo provinces. The first investment permit has been granted to Collaboration Packaging Material Products Co., Ltd to invest US$4.1 million to build a bag and shoe accessories factory in Angk Snuol district in […]
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SSCA Gives Authority to Provincial Administration for Battambang Project
The State Secretariat of Civil Aviation has stated that investors wishing to invest or study the feasibility for the Battambang airport project shall talk directly to the provincial administration. SSCA spokesman Sin Chansereyvutha said that there have been a few investors who have approached the provincial municipality directly. “They [provincial administration] have a committee and […]
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Two Factories Worth Over US$8 million Approved for Kampong Speu & Kandal
The Council for the Development of Cambodia (CDC) approved two investment projects on Monday 2 August worth US$8.5 million for Kampong Speu and Kandal provinces. The first investment permit has been granted to Sen Wang Ying New Material Co., Ltd to invest US$4.1 million to build a shoe accessories factory in Samraong Tong district, Kampong […]
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