Cambodia approves investment projects worth $5.8 bln in H1, up 77 pct
Cambodia approves investment projects worth $5.8 bln in H1, up 77 pct
Cambodia attracted fixed-asset investment of $5.8 billion in the first half of 2025, representing a 77 per cent year-on-year increase, according to a Council for the Development of Cambodia (CDC) report released on Monday.
The Southeast Asian nation approved 373 investment projects during the January-June period this year, representing a 96 per cent increase from 190 projects in the same period last year, and creating approximately 255,000 jobs, the CDC said.
Significant projects included an auto garage equipment factory, a car assembly plant, car tire plants, an electric three-wheeler assembly plant, solar power plants, a solar panel plant, wind power stations, a hydroelectric plant, metal and aluminium processing plants, a dry port, and tourism resorts.
China remained the top foreign investor in the kingdom, the CDC said, adding that other key foreign investors included those from Singapore, Vietnam, the United Kingdom, the United States, Samoa, and South Korea.
Ministry of Commerce Secretary of State and Spokesperson Penn Sovicheat stated that the Regional Comprehensive Economic Partnership (RCEP) Agreement and Cambodia’s bilateral free trade agreements (FTAs) with China, South Korea, and the United Arab Emirates are key factors in attracting foreign direct investment.
“These FTAs are magnets for foreign investors to Cambodia,” he told Xinhua. “New investments will bring new capital, technologies and job opportunities for Cambodian people.”
- 07:45 08/07/2025