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Defense Ministry Denies Thailand’s Unfounded Allegations Over Landmine Incident | Cambodian Government Responds to Thailand’s Diplomatic Actions Amid Border Tensions | PM: Cambodian Armed Forces Courageously Defending Sovereignty and Territorial Integrity | Cambodian Condemns Thailand's Aggressive Military Operations in Border Tension Areas | Cambodia Condemns Thai Military Aggression, Urges Immediate Withdrawal | Cambodian Ministry of National Defense Releases Timeline of Border Clashes on July 24, 2025 | Thailand Launches Airstrikes on Cambodian Military Targets, Prompting Regional Anxiety | Cambodian Army Asserts Right to Self-Defence Following Thai Incursion | Hun Sen Commands Military Operations Alongside Prime Minister Hun Manet, Denies Reports of Fleeing, Says Spokesperson | Cambodian Military Claims Control of Ta Krabey, Ta Moan Thom Temples Amid Border Clashes | PM Hun Manet Urges Calm and Respect Amid Ongoing Border Clashes with Thailand | Government Spokesperson: Thailand Using Landmine Allegations as Pretext for Invasion | Border Conflict Escalates: Cambodian and Thai Forces Continue Clashes as of 6 PM | Cambodia Condemns Thai Military for Violating World Heritage Site, Calls for Immediate Action | Cambodia Condemns Thai Military Attacks and Cluster Bombing on Border Areas, Vows Firm Response | BREAKING: Heavy Thai Assault on Ta Moan Thom Temple as Cambodian Forces Resist Fiercely | US Calls for Immediate End to Cambodia-Thailand Border Conflict | TOP NEWS: Malaysia’s Prime Minister Anwar Ibrahim, As ASEAN Chair, Urges Cambodia and Thailand to Consider Ceasefire | UN Urges Restraint as Tensions Mount at Thailand-Cambodia Border | Thailand Seeks Diplomatic Solutions Amid Escalating Border Clashes with Cambodia; Cambodia Condemns Airstrikes | Nation Unites in Humanitarian Effort: Blood Donation Drive Supports Emergency Preparedness Amid Border Tensions | Thailand Rejects International Mediation in Ongoing Cambodia Border Conflict | Cambodia Reports Intensified Thai Attacks and Condemns Use of Cluster Munitions in Urgent Third Briefing of the Day | Cambodia Responds Firmly as Day Two of Border Skirmishes Unfold | BREAKING NEWS: Prime Minister Hun Manet Clarifies Cambodia’s Position on Ceasefire Proposal Amid Border Tensions |

CDC Confirms Approval of Investment Projects Valued at $4 Billion Over Six Months

  • Posted Apr 10, 2024 10:00 by Anthony Ellis
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Phnom Penh, April 10, 2024: The Council for the Development of Cambodia (CDC) has given the green light to 173 investment projects, totaling approximately US$4 billion in value, over the past six months, from September 2023 to February 2024.

This update was provided during a Dissemination Workshop on the Investment Law and its implementing Sub-Decree, which took place on April 8, led by SUN Chanthol, Deputy Prime Minister and First Vice President of the CDC.

The latest data marks a significant uptick in investment activity, showcasing an increase of 83 projects and an infusion of US$3.1 billion in capital compared to the same period the previous year. These projects are anticipated to create around 180,225 job opportunities for Cambodian citizens.

In his opening remarks at the workshop, SUN Chanthol highlighted the Kingdom of Cambodia's new Investment Law as a milestone in welcoming both domestic and international investors. The law, enacted on October 15, 2021, by King Norodom Sihamoni, has been hailed by the World Bank as the most investor-friendly legislation in the region.

SUN Chanthol further noted that the CDC, in collaboration with various stakeholders including local government bodies, the Cambodian Oknha Association, and the Cambodia Chamber of Commerce, is in the process of compiling a comprehensive guide on investment opportunities across Cambodia's 25 provinces and capitals. This initiative aims to showcase the country's diverse investment potential to a global audience.


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