The Council for the Development of Cambodia (CDC) has revealed that it approved 27 new investment projects in the Kingdom’s special economic zones (SEZ) in the first half of the year, with registered capital totalling more than $300 million and the expectation of creating more than 20,000 jobs.
The Council for the Development of Cambodia (CDC) has announced that it approved 113 new investment and expansion projects with combined registered capital of about $1.1 billion in the first half of the year, of which 65.38 per cent came from Chinese investors.
The Phnom Penh Post reports that Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 .
Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) data in “International Merchandise Trade Statistics” bulletins.
Ground broke on Newbustar (Cambodia) Tire Co Ltd’s tyre factory on May 9, in the southeastern corner of Kratie province, which according to the provincial governor, is backed by an investment of $138 million and has an annual production capacity of 8.5 million units.