Cambodia attracts fixed-asset investments worth $396-mn in Jul

10 Aug '24

1 min read

Cambodia attracts fixed-asset investments worth $396-mn in Jul

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Cambodia attracted fixed-asset investments worth $396 million in July, China being the top investor, the Council for the Development of Cambodia said.
“About 68 per cent of the investment capital in July 2024 was from China, 14 per cent was from domestic sources, and the remaining was from the Cayman Islands, Singapore, Vietnam and the Philippines,” it said.

Cambodia attracted fixed-asset investments worth $396 million in July this year, according to the Council for the Development of Cambodia (CDC). China was the top investor in the month.

“About 68 per cent of the investment capital in July 2024 was from China, 14 per cent was from domestic sources, and the remaining was from the Cayman Islands, Singapore, Vietnam and the Philippines,” CDC said.

The government approved 44 investment projects in the month, which has the potential to generate nearly 25,000 jobs, domestic media outlets reported citing CDC.

The new projects included a special economic zone and garment, footwear and travel goods factories.

During the first seven months this year, the government approved 234 investment projects worth $3.64 billion, with the potential to create 193,570 jobs.

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