Investors’ confidence in Cambodia on the rise

Apr 1st at 08:41
01-04-2025 08:41:22+07:00

Investors’ confidence in Cambodia on the rise

Cambodia is witnessing a significant upswing in investor confidence, driven by the government’s strategic and proactive investment policies, said Chea Vuthy, Secretary General of the Cambodian Investment Board of the Council for the Development of Cambodia (CDC) yesterday.

 

Delivering a keynote address during the launch ceremony of a Chinese investment firm, Vuthy said that in the first three months of 2025, the CDC approved 172 investment projects, of which Chinese investment companies accounted for 80 percent of the total approved investment projects.

This influx of capital signals robust investor confidence in the Kingdom’s economic potential, particularly from China, he said.

The projects span various sectors, including manufacturing, infrastructure, agriculture, and tourism, indicating a diversified investment landscape.

The remarkable increase in investment projects not only reflects emerging regional and global trends but also demonstrates investor confidence in Cambodia, particularly, it is the result of the Royal Government’s commitment to improving the business and investment climate in Cambodia, he said.

“The Cambodian Government is committed to maintaining the fundamentals to ensure the success of long-term investment by maintaining peace, political and economic stability, and improving the business and investment climate,” Vuthy added.

As good infrastructure will contribute to reducing business costs and saving time, the government has invested heavily in major infrastructure projects, including the construction of expressways, deep-water ports, the Funan Techo Canal, international airports, and logistics centers, he underlined.

“These infrastructures will directly contribute to enhancing regional connectivity and ensuring efficient transportation through key economic corridors in Cambodia and the region,” he said.

Lim Heng, Vice President of the Cambodia Chamber of Commerce, has earlier attributed the surge of FDIs in Cambodia to several factors, including Cambodia’s strategic location within the ASEAN bloc, its relatively stable political environment, and the government’s proactive efforts to attract foreign investment through streamlined procedures and favorable policies.

The Regional Comprehensive Economic Partnership (RCEP) and other trade agreements with China and South Korea, trade preference schemes also play a significant role in attracting investors, he said.

Vuthy encouraged all investors to continue to share good experiences and successes in investing in Cambodia with other investors to contribute to the government in attracting more investment, especially from Chinese companies.

In 2024, the CDC approved a total of 414 investment projects both inside and outside the special economic zones, with a total investment capital of approximately $6.9 billion. Compared to 2023, the number of investment projects increased by approximately 54 percent, while the investment capital increased by approximately 40 percent.

khmertimeskh

- 07:39 01/04/2025



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Cambodia’s textile exports hit $14 billion

Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC), yesterday said that the textile sector has...

WTO lauds Cambodia as ‘star pupil’ of economic growth

Cambodia’s strong macroeconomic achievements and diversification efforts came in for praise by the Director-General of the World Trade Organization (WTO), Ngozi...

Cambodia has the potential to gain an additional $1 billion from cashew processing

Contract farming in agriculture helps link producers to markets, fostering trust between farmers and processors, which is expected to boost domestic cashew...

Bakong volume now more than 300 percent of Cambodia’s GDP

Bakong, the Kingdom’s national payment system, has achieved a highly impressive user metrics milestone with volumes reaching over 300 percent of the country’s GDP...

Ministry steps in to stabilise falling paddy price

Dith Tina, Minister of Agriculture, Forestry and Fisheries (MAFF) Wednesday led a delegation to address the sharp decline in paddy prices during the harvest season...

Cambodia-US boost investment ties amid tariff risks

Cambodia and the United States reaffirmed their commitment to fostering economic cooperation during the second Cambodia-US Public-Private Sector Dialogue on...

CDC, ADB to implement extensive traceability system in Cambodia

The Council for the Development of Cambodia (CDC) and Asian Development Bank (ADB) Tuesday discussed the potential implementation of a comprehensive traceability...

ARDB support for sustainable agricultural and fish processing development in Cambodia

Kao Thach, the Royal Government Delegate in Charge and CEO of the Agricultural and Rural Development Bank (ARDB), supported the production of high-quality Cambodian...

ARDB, ADBC join forces to support agri development

The Agricultural and Rural Development Bank (ARDB) of Cambodia and the Agricultural Development Bank of China (ADBC) Friday agreed to strengthen their partnership...

Cambodia’s financial sector faces headwinds amid increasing NPLs

With the slowdown of loan growth and rise in non-performing loans (NPLs), Cambodia’s financial sector is facing significant challenges impacting the overall...


MOST READ


Back To Top