Investment

· 374篇文章

Investment

Council for the Development of Cambodia Approves Ten Investment Projects Valued at Over $60 Million, Bringing Prosperity and Jobs to the Region

The Council for the Development of Cambodia (CDC) has recently granted licenses to ten investment projects with a combined capital exceeding $60 million, marking a significant milestone in the country’s economic growth. These investments, approved as of January 15th, promise to foster development across various sectors and create approximately 12,700 employment opportunities for local residents.…

1月19日

Economy

Strengthening Economic Ties: Launch of Indian Business Chamber in Cambodia

Promoting Trade, Investment, and Collaboration for a Prosperous Future On January 17, 2024, a momentous occasion took place in Cambodia as the Indian Business Chamber in Cambodia (IBCC) was inaugurated. The launch event was graced by the esteemed presence of H.E. Dr. Devyani Khobragade, Ambassador of India to Cambodia, and H.E. Pich Rithi, Secretary of…

1月18日

Investment

Lippo Group of Indonesia Explores Investment Prospects in Cambodia’s Healthcare and Real Estate Sectors

The Lippo Group, a prominent Indonesian conglomerate, is actively seeking investment opportunities in Cambodia’s healthcare and real estate sectors, signaling a potential partnership that could bring significant benefits to both nations. In a meeting held during the World Economic Forum in Davos, Switzerland, Cambodian Prime Minister Dr. Hun Manet graciously received a courtesy call from…

1月18日

Investment

Cambodia and Hungary Progress Toward Strengthening Economic Ties

Cambodia and Hungary have taken significant strides toward enhancing their economic cooperation as they conclude a successful second round of discussions aimed at boosting bilateral trade and investment between the two nations. The second meeting of the Cambodia-Hungary Joint Committee on Economic Cooperation took place on January 9 in Budapest, Hungary, led by Cambodian Secretary…

1月18日

Investment

French Investment Company Eyes Expanding Cambodia’s Railway Infrastructure

A French investment firm has shown keen interest in spearheading new railway projects that could potentially link Cambodia’s capital, Phnom Penh, with the airport and other strategic areas. Mr. Philippe Delleur, the Senior Vice President of Alstom, a prominent player in rail transportation, high-speed train manufacturing, metro, monorail, and tram systems, expressed the company’s commitment…

1月17日

Investment

The Blue Circle’s Ambitious Wind Energy Investment to Energize Cambodia’s Clean Future

In an exciting development for Cambodia’s sustainable energy ambitions, renowned French firm, The Blue Circle, celebrated for its pioneering contributions to wind power generation, is poised to make substantial investments in Cambodia’s burgeoning wind energy sector. Recognizing the nation’s immense potential in renewable energy, The Blue Circle’s strategic vision aligns perfectly with Cambodia’s commitment to…

1月17日

Investment

Cambodia and China Forge Billion-Dollar Partnership for Rubber and Tire Projects

Cambodia and China have solidified their commitment to a monumental partnership, marked by the signing of a Memorandum of Understanding (MoU) to invest a staggering $1 billion (€910 million) in collaborative rubber and tire projects. The Cambodia Development Council (CDC) has officially announced this groundbreaking agreement, underscoring the potential for economic development and technological advancement…

1月16日

Economy

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

Cambodia’s Taxi Industry: A Path of Steady Growth In recent years, Cambodia has witnessed a remarkable growth in its taxi market, a sector that not only contributes significantly to the economy but also represents a vital element of the country’s urban transportation system. In 2024, the taxi market in Cambodia is projected to reach an…

1月15日

Investment

Cart Tire to Invest $700M in Cambodia for Enhanced Production and Export Expansion

Cart Tire, a Chinese car tire manufacturer, is planning to increase its investment in Cambodia to approximately $700 million to boost production capacity and expand exports to international markets. The Council for the Development of Cambodia (CDC) reported that Cart Tire Co Ltd is establishing a factory in Svay Rieng province, making it the first…

1月09日

Investment

Cambodia’s FDI Inflows Reach Record High, Boosting Employment Prospects

The Council for the Development of Cambodia (CDC) reported that the country attracted fixed-asset investment of $4.92 billion in 2023, marking a 22% increase from $4.03 billion in the previous year. Recent CDC figures indicate that Cambodia granted approval for 268 international investment projects in 2023, expected to generate up to 307,000 job opportunities. The…

1月04日

Investment

Building Bridges and Fostering Prosperity: The Robust Growth of Korea-Cambodia Economic Relations

The Cambodian Ambassador to Korea, Chring Botumrangsay, recently shared optimistic insights on the flourishing bilateral relations between Cambodia and Korea. Addressing a business investment event in Seoul, she emphasized the robust economic synergy between the two nations. In her opening remarks at the 2nd Korea-Cambodia Business and Investment Forum, Ambassador Botumrangsay highlighted Korea’s commitment to…

12月25日

Investment

Cambodia and Japan to Hold Summit Meeting to Strengthen Trade Ties

In an effort to deepen cooperation in trade and investment, Cambodia and Japan will hold a bilateral summit meeting. The talks will be co-chaired by Prime Minister of Cambodia, Hun Manet, and Japanese Prime Minister, Kishida Fumio. The meeting is taking place on the sidelines of the Commemorative Summit for the 50th Year of ASEAN-Japan…

12月18日

Investment

“New Partnership to Boost Foreign Investment into Cambodia’s Real Estate Sector”

Phnom Penh, December 6th, 2023A strategic partnership agreement is signed between Tanichu Assetment, Japanese real estate developer, and Prestige Consulting, Cambodia’s investment advisory firm, with the main objective of boosting Cambodia’s real estate sector through bringing in foreign investments into Cambodia’s real estate sector. “We believe that this partnership will create significant value for both…

12月16日