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Chinese Energy Producer Aims to Expand in Cambodia, Targeting Agriculture & Energy Sectors
- 3 March 2025
In a significant development for Cambodia’s economy, Chilwee Group, a leading energy producer from Zhejiang province, China, is looking to expand its operations in Cambodia, with a focus on agriculture and energy. This announcement was made during a working meeting on 28 February 2025, between Mr. Lan Yingtong, Chairman of the Battery Scale Commission and President of the China Battery Industry...
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Sihanoukville Sees Investment Surge: State Incentives Revive Stalled Projects
- 1 March 2025
Sihanoukville Province is rejuvenating its investment climate with special incentives for 269 stalled projects, totalling around USD 6.669 billion. This move is set to boost local business activities. During their recent meeting on 25 February, the Investment Promotion Working Group announced additional incentives for 14 more projects this month, demonstrating their dedication to enhancing inve...
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Chinese Company Invests US$200m to Build New Tyre Plant in Kratie
- 3 March 2023
Qingdao Double Star Group, a Chinese car tyre manufacturer, has announced plans to invest US$210 million in a new greenfield tyre manufacturing plant in Cambodia. The company will partner with local mining company UBE Development Co. Ltd. to establish a subsidiary, Double Star (Cambodia) Tire Co. Ltd., for the investment. The new plant will be located in Kratie province's special economic zon...
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