CDC roadmap plan to boost electronics, agro-industry

Oct 30th at 09:14
30-10-2025 09:14:38+07:00

CDC roadmap plan to boost electronics, agro-industry

The initiative aligns with the Royal Government of Cambodia’s long-term vision to shift from a labor-intensive economy toward a skill-based, high-value model, with aspirations to achieve upper-middle-income status by 2030 and high-income status by 2050.

 

The Council for the Development of Cambodia (CDC) is drafting an investment roadmap to strengthen the Kingdom’s economic diversification by attracting more Foreign Direct Investment (FDI) into high-value sectors, particularly electronics and agro-industry.

As the government’s top body overseeing private investment and Special Economic Zones (SEZs), the CDC has intensified its efforts on these two key industries, identified as having the greatest potential for integration into regional and global value chains.

Chea Vuthy, Secretary General of the CDC’s Cambodian Investment Board, chaired a meeting on Tuesday to review the drafting progress with the Cambodia-Australia Partnership for Resilient Economic Development (CAPRED) team and sector experts.

The session focused on refining the draft framework and gathering additional input from the Investment Committee of Cambodia to guide the finalisation of the roadmap.

“This draft framework will serve as a guide for increasing investment attraction, focusing on the electronics and agro-industry sectors, which are priority sectors to diversify Cambodia’s industrial base,” Vuthy said.

He added that the roadmap aims to strengthen institutional effectiveness and enhance the government’s capacity to promote and attract private investment.

The initiative aligns with the Royal Government of Cambodia’s long-term vision to shift from a labor-intensive economy toward a skill-based, high-value model, with aspirations to achieve upper-middle-income status by 2030 and high-income status by 2050.

According to a CDC report, Cambodia approved 546 new investment projects worth $7.8 billion in the first half of 2025.

Of this, nearly 68 percent—or about $5.3 billion—went into the manufacturing sector, while $405 million was directed to agro-industry.

These investments reflect the Kingdom’s ongoing efforts to diversify its economy and strengthen competitiveness in global markets.

khmertimeskh

- 08:12 30/10/2025



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