Investment and Funding
World Bank Allocates US$145m to Enhance Cambodia’s Water Supply Infrastructure
The World Bank has committed US$145 million to Cambodia to support the enhancement of the country’s water supply infrastructure, a project that is expected to benefit over 113,000 people. Funded by the World Bank’s International Development Association (IDA), this initiative will be implemented over five years by the Ministry of Water Resources and the Ministry […]
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World Bank Approves US$275m Loan to Bolster Cambodia’s Economic Growth
The World Bank has approved a US$275 million loan package to support Cambodia’s long-term economic growth and resilience. The funding, sourced from the International Development Association (IDA), aims to drive reforms to enhance the competitiveness of the private sector and strengthen the country’s finances to assist the most vulnerable populations. This announcement was made by […]
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Cambodia FDI In 2023: Real Estate Soars to Third Place
As of 2023, foreign direct investment (FDI) in Cambodia surged to 197.8 trillion KHR (US$48.4 billion), marking a 7.9% increase over the previous year. This substantial influx of investment was channelled into key sectors such as financial activities, manufacturing, real estate, accommodation, agriculture, energy, and construction, according to a recent report released on 18 May […]
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Cambodia Secures US$140m in Concessional Loans for Q1 2024 Infrastructure Development
In the first quarter of 2024, the Cambodian government signed new concessional loans worth US$140 million with development partners, marking a year-on-year decrease of 71%. This significant reduction in new loans reflects the latest figures from Cambodia’s Public Debt Situation report issued on Friday, 17 May 2024. Additionally, during Q1 2024, the RGC disbursed US$141 […]
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Dubai Issues Golden Visa: A Luxury House Costs US$24m, Still Cheap for Chinese Buyers
Dubai’s Booming Market and Golden Visa Scheme Lure Investors from Mainland China and Hong Kong Fuelled by a thriving real estate market and a fast-track residency program, Dubai is rapidly becoming a top destination for property investors from mainland China and Hong Kong, according to industry experts. This shift in investor focus comes after years […]
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SHV Autonomous Port Generates Over US$35m in Four Months, Up 24%
In the first four months of 2024, Sihanoukville Autonomous Port earned over US$35 million from its import and export operations, handling more than 3 million tons of goods. This marks a significant 24.40% revenue increase compared to the same period in 2023. This data was reported by Mr. Thai Rithy, Deputy Director General of Sihanoukville […]
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Beijing Invests US$42bn to Revive Struggling Real Estate Sector, but Analysts Warn Insufficient
In a bold move to stabilise the struggling property market, the People’s Bank of China (PBOC) is establishing a nationwide program offering a staggering 300 billion yuan (US$41.5 billion) in loans, as reported by CNN, 17 May 2024. Industry experts estimate this initial injection could ultimately translate into 500 billion yuan (US$69 billion) worth of […]
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CDC Encourages Chinese Firms to Invest in Domestic Raw Material Production, Aiming to Boost Self-Sufficiency in Cambodia
In a bid to reduce reliance on imports, Cambodia’s Council for the Development of Cambodia (CDC) is actively courting Chinese investment in domestic raw material production, according to a meeting held on 15 May 2024. Secretary General of the Board of Investment of Cambodia, HE Chea Vuthy, met with a delegation from China’s Zhejiang Construction […]
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A New Frontier for Conservation: US$520k Canal Project to Shield Techo Sen Russey Trep National Park
In a significant conservation effort, the Royal Academy of Cambodia unveiled plans on 5 May 2024 for the construction of a 52-kilometre-long canal to safeguard the expansive Techo Sen Russey Trep National Park. Spanning 6 metres in width and 2.5 metres in depth, this ambitious US$520,000 project aims to encircle and protect over 10,000 hectares […]
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Cambodia Attracts Nearly US$20bn in Industrial Investments in Q1-2024
In a remarkable surge of industrial investment, Cambodia has secured close to US$20 billion in industry-related investments during the first quarter of 2024, marking a substantial increase of 13.55% compared to the same period in 2023. This significant milestone was announced by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, during the official […]
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