• My Saves
  • My Feed
  • My Interests
  • Advertise
  • Governing Body
  • From The Founder's Desk
  • Contact Us
The Better Cambodia
  • News
    NewsShow More
    Hun Manet Praises Technological Progress of Cambodian Youth During Visit to Japan
    Hun Manet Praises Technological Progress of Cambodian Youth During Visit to Japan

    (Tokyo) — Cambodian Prime Minister Hun Manet has praised the rising technological…

    By
    TBC
    Hun Manet and Ishiba Shigeru Reaffirm Comprehensive Cambodia–Japan Partnership
    Hun Manet and Ishiba Shigeru Reaffirm Comprehensive Cambodia–Japan Partnership

    Phnom Penh, May 31, 2025 — During an official visit to Japan…

    By
    TBC
    Kampong Speu to Host Mountain Bike Challenge 2025 Featuring New XCM Marathon Discipline
    Kampong Speu to Host Mountain Bike Challenge 2025 Featuring New XCM Marathon Discipline

    Kampong Speu, Cambodia – May 31, 2025 — Kampong Speu province is…

    By
    TBC
    Cambodia and Japan Launch Comprehensive Economic Co-Creation Package
    Cambodia and Japan Launch Comprehensive Economic Co-Creation Package

    Phnom Penh, Cambodia — Cambodia and Japan have unveiled a comprehensive Economic…

    By
    TBC
    Cambodia to Host 2nd Badminton Asia Southeast Asia Regional Championships in July
    Cambodia to Host 2nd Badminton Asia Southeast Asia Regional Championships in July

    Phnom Penh, May 29, 2025 – Cambodia is set to host the…

    By
    TBC
  • Editors Pick
    Editors PickShow More
    Cambodia’s Trade Resilience: Turning U.S. Tariff Hikes into Regional Growth Opportunities
    Cambodia’s Trade Resilience: Turning U.S. Tariff Hikes into Regional Growth Opportunities

    On April 2, 2025, U.S. President Donald Trump announced sweeping tariff increases…

    By
    Surya Narayan
    Cambodia’s Rise as a Manufacturing and Investment Hub: A Global Perspective

    In recent years, Cambodia has emerged as a preferred destination for manufacturing…

    By
    Surya Narayan
    Cambodia’s Commitment to Environmental Sustainability

    Cambodia is taking remarkable strides towards environmental conservation, as demonstrated by the…

    By
    Surya Narayan
    Building Cambodia’s Future: The Case for a Sovereign Wealth Fund Like Temasek Holdings

    Singapore’s economic success story is a reflection of visionary leadership, strategic investment,…

    By
    Jas Sohl
    Kampot-Kep Salt – Cambodia’s Natural Treasure

    In the coastal provinces of Kampot and Kep, salt harvesting has been…

    By
    Surya Narayan
  • Stories
    StoriesShow More
    The Timeless Tale of Vorvong and Sorvong: A Glimpse into Khmer Folklore

    The epic Khmer folklore of Vorvong and Sorvong stands out, weaving a…

    By
    Surya Narayan
    Empowering Cambodian Youth: Anjali House’s Mission to Shape Futures

    In the heart of Siem Reap, Anjali House, a community learning center…

    By
    Nadalena DeJulio
    Life’s Journey: A Bike Ride Around Tonle Sap Lake

    In a remarkable display of strength and determination, Pheak Keo embarked on…

    By
    Surya Narayan
    Phare Creative Studio: 15 Years of Cambodian Creations for Social Good

    Phare Creative Studio (PCS) is a social business that has been operating…

    By
    Surya Narayan
    Dieng Dorm: The Muffin Man of Siem Reap

    Have you ever heard of the Muffin Man, SiemReap? He lives in…

    By
    Pisey Roeurm
  • Business
    BusinessShow More
    Starbucks Isn’t Just Brewing Coffee It’s Running a Bank in Disguise

    When you think of Starbucks, you probably imagine friendly baristas, cozy interiors,…

    By
    Surya Narayan
    PM Hun Manet Reinforces Pro-Business, Pro-Environment Agenda at Ford Plant Opening

    PURSAT, April 22 – Cambodian Prime Minister Samdech Thipadei Hun Manet reiterated…

    By
    TBC
    Cambodia’s Economy to Grow by 6.1% in 2025 and 6.2% in 2026, Says ADB Report
    Cambodia’s Economy to Grow by 6.1% in 2025 and 6.2% in 2026, Says ADB Report

    Phnom Penh, Apr. 9 – Cambodia’s economy is set to maintain a…

    By
    TBC
    EU and IFAD Announce €80 Million Investment to Modernise Cambodia’s Agricultural Sector
    EU and IFAD Announce €80 Million Investment to Modernise Cambodia’s Agricultural Sector

    The European Union (EU), in collaboration with the European Investment Bank (EIB)…

    By
    TBC
    Cambodia’s Rise as a Manufacturing and Investment Hub: A Global Perspective

    In recent years, Cambodia has emerged as a preferred destination for manufacturing…

    By
    Surya Narayan
  • Opinion Piece
    Opinion PieceShow More
    How Cambodian Entrepreneurs Can Successfully Set Up a Business in the United Kingdom, A Strategic Guide to Growth and Bilateral Benefits

    The United Kingdom continues to be a global leader in business, innovation,…

    By
    Jas Sohl
    Cambodia’s Trade Framework: A Gateway to Global Markets

    Over the past two decades, Cambodia has methodically established a robust regulatory…

    By
    Jas Sohl
    Cambodia’s Cashew Industry, A Future of Growth and Prosperity

    Cambodia’s agricultural sector is experiencing a strong rise in cashew production, making…

    By
    Jas Sohl
    INDO-PACIFIC IN SHARP FOCUS

    Conventional wisdom among scholars and diplomats is that the world cannot afford…

    By
    Dr Mohan Kumar
    The Role of Motivation and Dedication in Buddhist Practice: A Path to Spiritual Growth

    Every human life is seen as a precious opportunity, rich with the…

    By
    Samheng Boros
  • Press Release
    Press ReleaseShow More
    ASEAN Forum Honours OCIC, Pung Kheav Se, and Thierry Tea for Outstanding Business Impact and Leadership
    ASEAN Forum Honours OCIC, Pung Kheav Se, and Thierry Tea for Outstanding Business Impact and Leadership

    May, 2025, Kuala Lumpur, Malaysia — At the ASEAN Leadership & Partnership Forum 2025 in…

    By
    TBC
    Wing Bank Wins Awards for Digital Finance and Social Impact

    Wing Bank Sets a New Standard in Digital Finance and Social Impact,…

    By
    TBC
    Cambrew LTD Launches first ever Carlsberg Official Store on Wingmall, Expanding Digital Retail Presence in Cambodia
    Cambrew LTD Launches first ever Carlsberg Official Store on Wingmall, Expanding Digital Retail Presence in Cambodia

    Cambrew Ltd., part of the Carlsberg Group and one of the leading…

    By
    TBC
    A Cambodian Business Story and the Impact of Pung Kheav Se
    A Cambodian Business Story and the Impact of Pung Kheav Se

    Pung Kheav Se is known as one of Cambodia’s most prominent private…

    By
    TBC
    Grab Partners with Executive Auto to Elevate Ride Experience with High-End Vehicles
    Grab Partners with Executive Auto to Elevate Ride Experience with High-End Vehicles

    Phnom Penh, Cambodia – Grab Cambodia is proud to announce its partnership…

    By
    TBC
  • 🔥
  • Invest In Cambodia
  • Unsung Heroes/ Impact
  • The Better Asia
  • Agriculture
  • Technology
  • Places to Visit
  • Sustainability
Font ResizerAa
The Better CambodiaThe Better Cambodia
Search
  • Home
  • Stories
  • News
  • Startups
  • Cambodian Brands
  • Unsung Heroes/ Impact
  • Sustainability
  • Artisans of Cambodia
  • Invest In Cambodia
  • Guests Posts
  • The Better Asia
  • Governing Body
  • From The Founder’s Desk
  • Contact us
Have an existing account? Sign In
Follow US
  • My Saves
  • My Interests
  • My Feed
© 2025 TBC Media. All Rights Reserved.
The Better Cambodia > Blog > Invest In Cambodia > Business > Cambodia Attracts $588 Million in Investment Projects
BusinessCambodiaInvest In Cambodia

Cambodia Attracts $588 Million in Investment Projects

Surya Narayan
Last updated: May 22, 2023 7:16 am
Surya Narayan
157 Views
Share
2 Min Read
SHARE

The Council for the Development of Cambodia (CDC) has approved 65 fixed asset investment projects worth over $588 million during the first four months of this year. Chinese investors have emerged as the largest source of foreign direct investment (FDI) in Cambodia, accounting for 73.5% of the total FDI in the country.

Chea Vuthy, Deputy Secretary-General at CDC, highlighted the significance of FDI in Cambodia’s socio-economic development. Speaking at a Cambodia-China business forum on Friday, Vuthy said, “Foreign direct investment, particularly from China, has played an important role in contributing to economic development, enhancing people’s lives through capital flows, generating jobs for local people, and increasing exports.”

Vuthy also noted that the growing Chinese investment reflects investors’ confidence in Cambodia. He attributed this confidence to the cooperation between governments, a favorable investment environment, and the country’s positive economic outlook.

Cambodia offers several factors that make it an attractive destination for foreign investment, including peace, a competitive labor force, rich natural resources, and access to huge markets through bilateral free trade agreements with China and Korea, and the regional mega trade pact, the Regional Comprehensive Economic Partnership (RCEP).

- Advertisement -

Lim Heng, Vice President of the Cambodia Chamber of Commerce, told Khmer Times, “The new investment law, with free preferences such as the Cambodia-China FTA, Cambodia-Korea FTA, and RCEP, are giving a big impetus in attracting investment to the Kingdom.”

In October 2021, Cambodia launched a new investment law aimed at attracting investment by providing specific incentives and protections to investors.

Sok Chenda Sophea, Secretary-General of CDC, said that the increase in investment is a sign that the government’s efforts are working. “This increase is not a coincidence, but due to the efforts of the government, which won the battle against Covid-19 by using vaccines as a key strategic weapon, helping Cambodia resume its socio-economic development in all sectors from last November.”

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Sign up for The Better Cambodia's newsletter to receive the latest articles and stories. Stay informed and inspired with our positive content!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any buzzstream.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
BySurya Narayan
Follow:
Founder at The Better Cambodia | Communication Advisor to the Minister attached to the Prime Minister of Cambodia | Marketing Director at True North Lean
Previous Article Cambodia’s National University of Management Shines in WURI 2023 Rankings
Next Article Funan Techo Canal Project: Boosting Cambodia’s Economy and Urban Development
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -

You Might Also Like

Invest In Cambodia

Cambodia: A Rising Star in Southeast Asia with Diverse and Resilient Sectors for Investment

By
Surya Narayan
BusinessInvest In CambodiaNewsVisit Cambodia

The Rising Taxi Market in Cambodia: Growth, User Engagement, and Exceptional Service

By
Surya Narayan
BusinessInvest In CambodiaNews

Cambodia’s Vision for 2050: A Collaborative Journey Toward Prosperity

By
Surya Narayan
Invest In CambodiaNews

The public debt of Cambodia is “sustainable” and “low risk.”

By
Surya Narayan
© 2025 TBC Media. All Rights Reserved.
No thanks.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up