Construction of Preah Monivong flyover is 25 percent complete
PHNOM PENH: As of July 12, 2023, the construction of the Preah Monivong flyover was achieved at 25 percent and the project is expected to complete in August 2025. The…
Four new investment projects approved by CDC
PHNOM PENH: The Council for the Development of Cambodia (CDC) has given the green light to four new investment projects in the provinces of Preah Sihanouk and Kampong Speu, and…
Cambodia, Singapore set up financial transparency corridor to support SMEs
PHNOM PENH: Cambodia and Singapore have reached a deal on setting up the Financial Transparency Corridor (FTC) initiative, facilitating trade and cross-border related financial services between small and medium-sized enterprises…
Where to invest in Cambodia in 2023?
PHNOM PENH: Garment manufacturing, tourism, agriculture, and construction are considered the main engines of growth. The priorities of middle-class consumers, such as health and education are creating opportunities for investors.…
CDC approves $1.1 billion worth investment projects in first half 2023
PHNOM PENH: The Council for the Development of Cambodia (CDC) has approved 113 investment projects and investment expansion projects in the first half of 2023, with a total investment capital…
Construction of Techo international airport over 50 percent completed
PHNOM PENH: The construction of Techo International Airport is now over 50 percent complete for the first phase and is expected to be put into operation in 2025. The update…
CDC 2022 reports: China’s dominant investment and robust US exports fuel Cambodia’s growth
PHNOM PENH: Cambodia offers numerous advantages to investors, some of which may not be widely recognized outside the country. The main advantages include solid economic growth, a strategic geographical location,…
Handbook on investing in Cambodia launched
PHNOM PENH: Handbook on Investing in Cambodia” has been launched as a practical guide for foreign investors looking for opportunities in the Cambodian market, with a particular focus on the…
CDC approves five new investment projects in three provinces
PHNOM PENH: The Council for the Development of Cambodia (CDC) has approved five new investment projects in the provinces of Kampong Speu, Takeo, and Kandal. The CDC’s news release made…
The Signing Ceremony of Memorandum of Understanding between IDI, IDC and Prince Bank
PHNOM PENH: On July 10, 2023, the Innovation & Development Investors Association “IDI” and ID Capital Plc. “IDC” represented by Dr. Hor Sereyvath, IDI and IDC’s Chairman of the Board…
Cambodia’s international trade tops $23 billion in H1
PHNOM PENH: Cambodia’s international trade amounted to $23.69 billion in the first six months of this year, a 13 percent decrease compared to the same period last year, the General…