Cambodia Approves Over USD 1 Billion in Investment Projects in First 2 Months of 2025
From January to February 2025, the Council for the Development of Cambodia (CDC) approved 112 investment projects with a total investment capital of approximately USD 1 billion, capable of creating more than 70,000 jobs. This represents an increase of 43 projects compared to the same period in 2024.
On March 11, the CDC announced that it had approved 44 investment projects in February with a total investment capital of approximately USD 321 million. These projects are expected to create around 25,000 jobs.
Of these new projects, 23 are situated in Special Economic Zones (SEZs), while 21 projects are located outside. Most of the approved investment projects are in Svay Rieng province, followed by Kampong Speu, Phnom Penh, and Koh Kong.
According to the report, February’s biggest projects include a solar power station project (USD 33 million) in Kampong Chhnang, a metal processing factory (USD 31 million) in Kampot, and garments and construction-related factories (over USD 50 million) in Kampong Speu.
Within the SEZs, a metal and plastic processing factory (USD 22 million) is located in the Koh Kong Zhejiang SEZ, and a furniture factory (USD 16.8 million) is located in the Forson Giga Special Economic Zone in Svay Rieng.
Around USD 288 million of the USD 321 million investment is allocated in the industrial sector, while USD 33 million is designated for infrastructure and other sectors. The majority of investments came from China (86 per cent), followed by Singapore (11.97 per cent), Australia (0.80 per cent), and the United Kingdom (0.48 per cent).
In January 2025, the CDC approved 68 investment projects totaling USD 748 million, all in the industrial sector, with the majority being Chinese investments. These projects are expected to create at least 46,000 jobs.