"Thai Deputy Defense Minister Condemns Cambodia Over Landmine Incident Injuring Thai Soldiers; Keo Remy, however, warned, 'Please do not walk like a crab.'" | BREAKING: Tensions Escalate: Thai Troops Prepare to Launch Unauthorized Attack on Cambodian Territory Amid Internal Political Strife | Cambodia Rebuts Thailand’s Baseless Landmine Allegations and Urges Diplomacy to Maintain Regional Peace | Cambodia Accuses Thailand of Using Landmine Incidents as a Political Tool and Violating Ceasefire Agreements | Breaking: Kandal Provincial Police Arrest Notorious Lotion Manufacturer Love Riya | Cambodia Clarifies Misleading Claims About Ottawa Convention Meeting in Bangkok | Cambodia, China, and Thailand Discuss Regional Cooperation and Border Disputes at Mekong-Lancang Meeting | Smile Asia Philanthropic Visionary Award” Presented to Dr. Pich Chanmony Hun Manet | Cambodia & Thailand Call for Restraint and Adherence to International Agreements | International Observer Team Conducts Monitoring Visit Following Cambodia–Thailand Ceasefire Agreement | Cambodia, Vietnam Strengthen Ties in High‑Level Video Conference; Aim for $20B Trade |
"Thai Deputy Defense Minister Condemns Cambodia Over Landmine Incident Injuring Thai Soldiers; Keo Remy, however, warned, 'Please do not walk like a crab.'" | BREAKING: Tensions Escalate: Thai Troops Prepare to Launch Unauthorized Attack on Cambodian Territory Amid Internal Political Strife | Cambodia Rebuts Thailand’s Baseless Landmine Allegations and Urges Diplomacy to Maintain Regional Peace | Cambodia Accuses Thailand of Using Landmine Incidents as a Political Tool and Violating Ceasefire Agreements | Breaking: Kandal Provincial Police Arrest Notorious Lotion Manufacturer Love Riya | Cambodia Clarifies Misleading Claims About Ottawa Convention Meeting in Bangkok | Cambodia, China, and Thailand Discuss Regional Cooperation and Border Disputes at Mekong-Lancang Meeting | Smile Asia Philanthropic Visionary Award” Presented to Dr. Pich Chanmony Hun Manet | Cambodia & Thailand Call for Restraint and Adherence to International Agreements | International Observer Team Conducts Monitoring Visit Following Cambodia–Thailand Ceasefire Agreement | Cambodia, Vietnam Strengthen Ties in High‑Level Video Conference; Aim for $20B Trade |

Cambodia Approves 190 Special Economic Zone Projects Totaling $3.2 Billion in Investments

  • Posted Jul 19, 2024 10:21 by EAC News
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PHNOM PENH, July 19, 2024 — In the first half of 2024, the Council for the Development of Cambodia (CDC) has given the green light to 190 new and expanded investment projects focused on establishing special economic zones (SEZs). These projects represent a substantial $3.2 billion investment and are projected to create 168,572 job opportunities for Cambodians.

During a meeting on Thursday afternoon to assess private sector investment progress, Deputy Prime Minister Sun Chanthol, who also serves as the First Vice President of the CDC, highlighted the role of the private sector as a crucial driver of Cambodia's economic growth. The meeting, led by Lok Chumteav and attended by numerous professional officials, underscored the government's commitment to fostering a conducive environment for investment.

Sun Chanthol emphasized the CDC's proactive efforts to attract investors from various regions as part of Cambodia's broader economic strategy. The country aims to become a high-income nation by 2050, and these SEZ projects are pivotal in achieving this goal by boosting economic development and creating significant employment opportunities.


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