Investors from Fujian, China have expressed interest in investing in Cambodia, especially in Preah Sihanouk province, as the two countries’ trade volume steadily increases.
Cambodia is planning talks with the Electricity Generating Authority of Thailand (Egat) to purchase 300MW of power, Ministry of Mines and Energy official Victor Jona said on Tuesday.
A Vietnam-Cambodia business cooperation forum is scheduled to take place in Cambodia from December 5-8 with the participation of 180 businesspeople, it was announced at a press conference in the Vietnamese Mekong Delta city of Can Tho last week.
The Cambodian government has called on more US investors to build economic and trade relations with the Kingdom, the Ministry of Commerce said.
German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) will provide $4.5 million in aid to promote a small- and medium-sized enterprise (SME) development project in four Asean countries, including Cambodia.
Cambodia's ranking in the ease of doing business index has slipped four years in a row since 2016, said the World Bank’s Doing Business 2020 report released on Thursday.
The Asian Development Bank (ADB) has announced that it will provide $1.45 billion to support a new five-year country partnership strategy (CPS) and help the Kingdom achieve its goal of becoming an upper-middle-income country by 2030, it said on Friday.
Cambodia's economic growth is projected to be highest in the Asean region despite facing several challenges, the International Monetary Fund (IMF) said.
The microfinance sector has contributed significantly to rural economic growth, even as industry insiders call for more efficient lending, said Cambodia Microfinance Association chairman Kea Borann on Monday.
Cambodia and Turkey have renewed their pledge to boost bilateral trade and investments to $1 billion annually, the Ministry of Commerce said.