Cambodia Approves $7.8 Billion Worth of Investment Projects in First Nine Months of 2025

The Cambodian government reported that newly approved investment projects across the Kingdom totalled USD 7.8 billion in the first three quarters of 2025, representing a 47 per cent year-on-year increase.
According to the Cambodian Investment Board of the Council for the Development of Cambodia (CDC), 546 projects were approved between January and September 2025—231 more projects, or about 73 per cent higher, compared to the same period last year.
The CDC stated that the total investment of USD 7.8 billion marked an increase of roughly USD 2.5 billion from the USD 5.3 billion recorded during the same period in 2024. Notably, within just nine months, the CDC registered 132 more investment projects than in entirety of 2024.
The investment projects span industry (including manufacturing), agriculture and agro-industry, tourism, and infrastructure, and are expected to generate about 376,000 jobs for local workers. In comparison, the 414 projects approved in 2024—worth USD 6.9 billion and up 40 per cent from the USD 4.92 billion recorded in 2023—generated more than 320,000 jobs, according to AKP.
Breakdown by sector for investment projects approved in first nine months of 2025:
- Industry: USD 5.3 billion
- Infrastructure and others: USD 1.9 billion
- Agriculture and agro-industry: USD 405 million
- Tourism: USD 175 million
China remains Cambodia’s largest investor, followed by Cambodia, Singapore, and Vietnam. Other major sources of investment include the British Virgin Islands, United Kingdom, Cayman Islands, Samoa, Bermuda, and the United States.
At the provincial level, Kampong Speu and Svay Rieng topped the list of investment destinations, attracting 125 and 122 projects respectively. By contrast, Siem Reap, Preah Vihear, and Oddar Meanchey recorded no new projects.
In September 2025, the CDC approved three notable projects: a cassava processing and fertiliser production factory in Kampong Thom (USD 20 million), a vehicle assembly plant in Kampong Chhnang (USD 19 million), and a garment factory in Svay Rieng province (USD 30 million).