Minister attached to the Prime Minister Secretary General, Council for the Development of Cambodia Secretary General, Cambodian Investment Board Secretary General, Cambodian Special Economic Zone Board
On behalf of the Council for the Development of Cambodia, I would like to welcome you. I believe that you are able to acquire the most current investment information in this website. This website represents our continuous endeavors to promote the development and investment in Cambodia.Read More»
International Tourist Arrivals to C...
The number of international tourists who arrived Cambodia as of November 2012 reached more than 3 millions, an increase from 2,881,862 recorded in 2011.
The statistics below show more details on the number of visitors as well as modes of arrival.
On 29April 2013, the 8th Cambodia-Japan Public-Private Sector meeting co-chaired by H.E SOK Chenda Sophea, Minister attached to the Prime Minister and Secretary General of the CDC, and H.E Yuji KUMAMARU, Ambassador of Japan to Cambodia was held at the Council for the Development of Cambodia headquarter.
On 21 March 2013, H.E CHEA Vuthy, Deputy Secretary General of Cambodian Investment Boad and Cambodian Special Economic Zone Board of the Council for the Development of Cambodia (CDC), attended a forum on ASEAN Comprehensive Investment Agreement (ACIA) held in Kualalumpur, Malaysia. The forum aimed at introducing ACIA, which is the most fundamental international instrument for investment among ASEAN Member States, to the participants from both public and private sectors in ASEAN.
CDC issued an announcement to all 117 companies on the suspension of their applications for Customs Duty Exemption on Production Equipments, Construction Materials, and Production Inputs (see full contents in Khmer page).
On 8th February 2013, the Council for the Development of Cambodia (CDC) in cooperation with Japanese Embassy to Cambodia conducted a seminar at Inter Continental Hotel, Phnom Penh, to exchange information and views between Japanese businessmen and Cambodian government officials. A group of Japanese delegation from the Japan Business Federation “Nippon Keidanren” consisted of 60 members, most of whom are high-profile officials from large-scale Japanese enterprises, such as Sumitomo Chemical Co., Ltd, Toyota Motor Corporation, The Bank of Tokyo, Asahi Group Holdings, East Japan Railway Company, All Nippon Airways Co., Ltd. (ANA), etc.
The Council for the Development of Cambodia organized a reception to bid farewell to Mr. Gwang-Ho Lee, Director General of Korea Trade-Investment Promotion Agency, KOTRA, whose mandate is ending today. In his speech, Mr. Lee sincerely thanked CDC for all the support that he got during his assignment in Cambodia in promoting Cambodian investments as well as in assisting Korean investors in the country.
The Council for the Development of Cambodia (CDC) wishes to inform all Investors, Development Partners, and Non Governmental Organizations that in accordance with Article 2 of the Joint Prakas on Public Services Provision at CDC No.991 MEF. PRK dated 28 December 2012, a “Complaints Desk” has been established and is located at Room No.7, 1st floor of the main building of the Council for the Development of Cambodia to receive all complaints, especially complaints related to practices not in compliance with standard services, over charged fees, or unjustified delay in documents processing.
On 15 January 2013, a group of 28 delegates from Japanese manufacturing companies paid a visit to the Council for the Development of Cambodia. Mr. Shintaro Ishijima,
Chairperson of Asia Professional Education Network (APEN) and Mr. Hidetoshi Nishimura, Executive Director of Economic Research Institute of ASEAN and East Asia (ERIA) who co-organized the event called APEN Cambodia Mission briefed H.E SOK Chenda Sophea on Japanese manufacturers’ interest to seek opportunity to expand their production bases in South East Asian countries. They emphasized that Cambodia is the most potential one.
Phnom Penh ( 17 December 2012)–1,900 garment workers enjoyed traveling to Siem Reap for 3days with their Korean manager this April. This is the story of Gawon Apparel. Every year this garment factory has made all workers happy travel program since 2009.
Korean companies operating in Cambodia recognize well the importance and value of integrating the CSR(Corporate Social Responsibility) into all aspects of their business operations and decision-making processes. Long-term growth and profitability of the companies are strongly linked to the sustainability and well-being of the communities.
The Council for the Development of Cambodia (CDC) wishes to inform the public, especially national and foreign investors, that the Ministry of Economy and Finance and the Council for the Development of Cambodia have issued a joint Prakas on public services delivered by the CDC, and on the fees to be paid for such services. The details are as follows:
On 21 November 2012, H.E SOK Chenda Sophea, Minister attached to the Prime Minister and Secretary General and management team of CDC/CIB hosted a meeting with delegation from Ministry of Planning and Investment of Vietnam led by H.E Mr.Dao Quang Thu, Vice Minister of MPI-Vietnam. Both Cambodian and Vietnamese sides expressed the commitment to strengthen the bilateral cooperation and to promote more investments.
On 16 November 2012, the Council for the Development of Cambodia hosted 2nd ASEAN Investment Forum held at Hotel Le Royal. The forum was chaired by H.E SOK Chenda Sophea, Minister attached to the Prime Minister and Secretary General of CDC. Heads of investment promotion agencies from the ASEAN member states participated in this forum. Representatives from investment-related governmental institutions also attended the forum.
Council for the Development of Cambodia (CDC) in cooperation with Ministry of Economy, Trade and Industry (METI) of Japan held an annual seminar on economic development in Cambodia. The one-day event took place on 25 October 2012 at Sofitel Phnom Penh Phokeethra.
On 23 October 2012, the Cambodian Board of Investment (CIB) of the Council for the Development of Cambodia (CDC), in cooperation with Japan International Cooperation Agency (JICA), held a training workshop on investment promotion and facilitation for officials serving in Provincial-Municipal Investment Sub-Committees.
On 2 October 2012, H.E Mr. SOK Chenda Sophea, Minister attached to the Prime Minister and Secretary General and the management team of CDC/CIB hosted a meeting with Belarusian delegation headed by H.E Mr.Svidersky Gennady, Vice-Minister of Industry of the Republic of Belarus. Accompanying the delegates was H.E. Dr. Sadokho Valery, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Socialist Republic of Vietnam with concurrent accreditation to the Kingdom of Cambodia.
H.E Sok Chenda Sophea, Minister attached to the Prime Minsiter, Secretary General of the CDC received a delegation of the US-ASEAN Business Council led by Ms. Frances Zwenig, President of the US-ASEAN Council for Business and Technology on 1 September 2011.
The Cambodia Investment Seminar was held at the Prince Park Tower Tokyo “Ball Room”, on June 2nd for the investment promotion targeting Japanese companies which are planning to invest in Cambodia. Four institutions, namely CDC, ASEAN Japan Centre (AJC), Japan External Trade Organization (JETRO), and JICA co-organized the seminar. The Royal Embassy of Cambodia to Japan, Ministry of Foreign
The Project of Enhancing the Investment-Related Service of Council for the Development of Cambodia was launched in March 2011 as the joint project of the Council for the Development of Cambodia (CDC) and the Japan International Cooperation Agency (JICA). The project aims to develop the capabilities of CDC in investment information and investment promotion services with
The investment in Cambodia’s tourism reached to about 354 million U.S. dollars in the first six months of this year and is a leading field that got the most investment, the local media said on Tuesday.
“Council for Development of Cambodia (CDC) approved about 1.22 billion U.S. dollars investment projects totally from private companies and 354 million U.S. dollars of the total is on tourism invest
The Ream Resort French company plan to invest $250 million in the Ream area in Sihanoukville. The investment plan was presented by Alain Dupuis, president of the Ream Resort, to Hun Sen during a meeting on 12 June in (Hun Sen’s fortress in) Takhmao. Alain Dupuis told Hun Sen that his company will build the resort in Ream, at a cost of $250 million, and it will include a 5-star hotel, a town, lodging, golf course, beaches, and watercrafts, etc…
South Korean investors will hold ground-breaking ceremony here next week for its 52-story skyscraper, the tallest building currently designed for Cambodia, said English-Khmer language newspaper the Mekong Times Friday.
GS Engineering and Construction, the largest real estate developer in South Korea, will take four years to complete the project near the Tonle Bassac River, the paper quoted Mu Hion Woo, …
Cambodia’s private sector Tuesday urged the government to allow foreign ownership of certain properties like apartments or factories, saying a liberalised real estate market would spur economic growth.
Under the current rules, foreign property investments must be made in the name of a Cambodian national, and many are unwilling to risk losing their assets to unscrupulous local partners.
The Council for the Development of Cambodia (CDC) declared on Thursday, July 4, 2010 that the government decided to lease the 7,800-hectare Koh Rong Island, the largest island in Sihanoukville, to Oknha Kith Meng’s Royal Group Company, for a duration of 99-year for eco-tourism development. On that same day, the government also declared the leasing of a portion of the Koh Russey Island in Sihanoukville to a French investment company.