Investment and Funding
Cambodia urges Russian companies to invest in oil sector
Mines Ministry has urged Russian companies to invest in many potential sectors in Cambodia, especially the development of oil and electricity. HE Sok Khavan, Secretary of State of the Ministry of Mines and Energy, made this request during the 1st Online Business Mission of Russian Companies to the Kingdom of Cambodia meeting last week. During […]
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Two Factories Worth Over US$12.5 million Approved for Kandal and Kampong Chhnang
The Council for the Development of Cambodia (CDC) approved two investment projects on Wednesday 28 July worth over US$12 million for Kandal and Kampong Chhnang provinces. The first investment permit has been granted to General Enterprises Garment (Cambodia) Co., Ltd to invest US$7.3 million to build a garment factory in Kadal Stueng district, Kandal province. […]
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CDC Approves Two New Investment Projects for SHV & Svay Rieng Provinces
The Council for the Development of Cambodia (CDC) on Friday approved two investment projects worth over US$7.8 million for Sihanoukville and Svay Rieng provinces. The first investment permit has been granted to Cathaya (Cambodia) Co., Ltd to invest US$2.8 million to build a textile factory in the Sihanoukville Special Economic Zone. The second is Ck […]
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Gov’t Approves Four New Investment Projects Worth Over US$51 million
The Council for the Development of Cambodia (CDC) has recently give permits to private firms to invest in building four factories, worth a total budget of approximately US$51.1 million in Kandal and Takeo provinces. The first investment permit has been granted to Hong Cen Max Leather Products Co., Ltd to invest US$2.6 million in building […]
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Indonesia Eyes Construction & Real Estate Investment in Cambodia
Indonesia is looking for opportunities to partner with three Cambodian tycoons to invest in several key sectors in Cambodia, while construction and real estate are among the top priority. The interest was expressed through the Indonesian Ambassador to Cambodia Sudirman Haseng during a meeting with President of WorldBridge Group Oknha Sear Rithy, President of Mong […]
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CDC Approves 87 Investment Projects Worth Almost US$3 Billion in H1, Up By 10%
The Council for the Development of Cambodia (CDC) in the first half of 2021 approved 87 new investments both new and expansion projects, equivalent to almost US$3 billion, which is an increase of about 10% compared to the same period last year. According to Fresh News on 6 July, compared to the same period in […]
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Construction of US$2.5-billion Koh Norea Satellite City 30% Complete
Construction of the US$2.5-billion Koh Norea satellite city being developed by OCIC has reached 30% completion, with the company confirming that construction is on schedule despite the COVID-19 crisis. According to Touch Samnang, a senior official of the Koh Norea Satellite City Development Project, to date, landfilling work is 60% complete, bridge construction at 20%, […]
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Four Factories Worth Over US$27 million Approved for SHV & Svay Rieng
The Council for the Development of Cambodia (CDC) recently approved private firms to invest in building four factories, worth approximately US$27 million, in Sihanoukville and Svay Rieng provinces. The first investment permit has been granted to Honglaite Home Handicraft (Cambodia) Co., Ltd to invest US$5.2 million in building a lighting and curtain factory in the […]
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Ministry of Commerce Urges Sweden to Open IKEA in Cambodia
The Ministry of Commerce has urged Sweden to consider opening renowned furniture megastore IKEA in Cambodia, as the demand for the market is significantly growing. The request was by Minister of Commerce HE Pan Sorasak during the meeting with the Swedish Ambassador to Cambodia HE Björn Häggmark. HE Pan Sorasak said that Cambodia would like […]
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Hong Lai Huat Group to Build Agricultural Hub on 10,000 hectares in Kampong Speu
Singaporen real estate developer, Hong Lai Huat Group, has received permission from the Royal Government to set up a huge agricultural hub on an area of about 10,000 hectares in Oral district in Kampong Speu province, according to The Business Times on 16 June. The development project will be built in stages, starting in the […]
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