CDC Approves US$2.8-million Furniture Factory in Takeo Province

The Council for the Development of Cambodia (CDC) has recently given a permit to a private firm to invest US$2.8 million in building a large-scale furniture factory in Takeo province. According to the CDC announcement on 20 September, the permit has been granted to Kinway (Cambodia) Intelligent Home Furnishing Manufacturer Co., Ltd, which will establish a furniture factory located on NR2, Khlea...

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Three Investment Projects Worth Over US$8 million Approved for Pou Senchey & Angk Snuol Districts

The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$8.5 million in building three news factories in Kandal and Phnom Penh. The first investment permit has been granted to New T&K Textile Co., Ltd to invest US$2 million to build a garment factory in Trapeang Krasaing village, Sangkat Trapeang Krasaing, Khan Por Senchey, Phnom Penh. Th...

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As of 2021, Cambodia has Nine Registered Automotive & Automotive Component Factories

As of 2021, Cambodia has a total of nine registered automotive and automotive component factories worth over US$61 million, according to the Ministry of Industry, Science, Technology, and Innovation. The ministry’s data showed that the investments are from Japan, China, South Korea, Thailand, and a local company. Of the total factories, two factories are automotive factories with a total inv...

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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 China. But, if China doesn’t help us,...

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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, in the first half of 2021, the CDC has approved 87 new inv...

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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 the new sales office, Borey Golden Park is also offering special house pric...

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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 is a postcard ...

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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 Estate has requested the acquisition of the aforementioned natural lake...

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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 August. Among those projects, CDC has approved 145 Japane...

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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 commune, Ang Snoul district, Kandal province. ...

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