Remarkable Investment Growth in Cambodia Over the First 10 Months of 2024
Cambodia’s economy is experiencing significant growth in investment. In the first ten months of 2024, the Council for the Development of Cambodia approved 346 new projects totaling over $5 billion, expected to create about 270,000 jobs. HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, reported that investment increased by 38% compared to the […]
Groundbreaking of 500-Hectare Green Textile Industrial Park in Kampong Speu to Create Up to 60K Jobs
A groundbreaking ceremony on 8 November 2024 marked the start of a 500-hectare green textile industrial park in Chheu Neang Village, Taing Sya Commune, Phnom Sruoch District, Kampong Speu. Attended by HE Heng Sour, Minister of Labor and Vocational Training, HE Dr. Cheam Chansophoan, Governor of Kampong Speu Province, and Mr. John Yu, Chairman of […]
French Luxury Brand Metal Jewelry Opens New Factory in Cambodia, Boosting Local Industry and Jobs
Metal Jewelry Cambodia, a renowned French jewelry brand, officially opened its production and assembly factory for metal and plastic jewelry on 9 November 2024. The inauguration, led by HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, marks a major milestone following the company’s investment permit approval in June 2023. HE Chea Vuthy emphasized […]
PM Inaugurates USD10 Million Techo Santepheap Ankoul Beach Road to Boost Tourism in Kep
The USD10 million Techo Santepheap Ankoul Road project, aimed at enhancing tourism infrastructure, was officially inaugurated in Ang Kol, Kep Village, and Angkor Village within the Ang Koul Commune of Damnak Chang Eur District, Kep Province. Led by PM Samdech Hun Manet, the ceremony on 11 November 2024 marked the completion of this pivotal project […]
Chinese Guoxing Group Commits to Major Investments in Cambodia’s Industrial and Agricultural Sectors
Guoxing Group, a prominent Chinese conglomerate, has reaffirmed its commitment to establishing a major industrial park in Cambodia and is actively exploring agricultural investment, particularly in the production of organic fertilizers. This announcement followed a strategic meeting between Samdech Hun Manet, PM of Cambodia, and Mr. Li Guolian, President of Guoxing Group, on 6 November […]
Sailun Group to Boost Cambodia’s Rubber Processing Industry with Expanded Investment
Chinese tyre manufacturing giant Sailun Group has announced a substantial plan to increase its investment in Cambodia’s rubber processing industry, aiming to expand the output of its Svay Rieng-based tyre factory. This key decision was highlighted during discussions held between Yuan Zhongxue, Honorary Chairman of Sailun Group, and PMHun Manet at the 8th Greater Mekong […]