The Council for the Development of Cambodia approved 98 investment projects in the first half of this year, with a total investment of nearly 2,998 million US dollars, an increase of 11 projects from the previous year. And there are more investment projects that have been approved as of this July.
A report from the Council for the Development of Cambodia shows that Chinese investment accounted for 43.02% or $ 1.29 billion in total investment. Leading Sector Investment Projects: Agriculture and Agro-Industry: 7 projects with a capital of over 104 million USD; Tourism: 1 project with a capital of over 129 million USD; There are five infrastructure projects with a total capital of more than $ 1.7 billion.
On July 27, 2022, the Council for the Development of Cambodia (CDC) decided to issue investment project registration certificates for investment proposals to establish two more factories in the Kampong Speu and Kandal provinces with a total capital of over $ 14 million.
- MILANNA LEATHERWARE M.F.Y (CAMBODIA) Co. 1,414 places.
- BEST BEAUTY COMPANY LIMITED Garment factory project, located in Prek Tapring village, Sitbo commune, Takhmao city, Kandal province, with an investment capital of 5.1 million US dollars and can create 2,236 jobs.
The Council for the Development of Cambodia (CDC) has issued an official investment project registration certificate to a car assembly plant worth $ 15.6 million in Kampong Speu province, which can create 738 jobs.
This car assembly plant invested by GTV MOTOR CO., LTD is located in Buildings 6A and 6B, National Road 3, Angkor Village, Ang Por Peul Commune, Kong Pisey District, Kampong Speu Province.
His Excellency Sok Chenda Sophea, Deputy Prime Minister and Secretary-General of the Council for the Development of Cambodia (CDC), told local media that the company’s investment in car assembly in Cambodia was closely monitored by the Cambodian market and economy.
His Excellency stated that “the installation of cars in the Cambodian market, by monitoring the import figures and can conclude that the lives of the people of Cambodia have improved.”
His Excellency stated that entering the car assembly sector is not a coincidence, there is clear monitoring from that country before reaching the investment.
Please be informed that ISUZU, a Japanese company that has been active in Cambodia for many years, has also invested in the installation of ISUZU in Kampong Speu.
The Solar Panel Factory Project – $ 84 Million Capital – in Kratie Province. This July, the Cambodian Special Economic Zone Committee of the Council for the Development of Cambodia (CDC) decided to issue an investment project registration certificate to L-Q New Energy CO., LTD. To invest in setting up a solar panel factory.
L-Q New Energy CO., LTD. There are plans to build a solar panel factory located in the UBE Snoul Special Economic Zone, Kratie province, with an investment of 84.5 million US dollars and create about 1,000 jobs.
