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- February 5, 2025 , 7:15 PM
PHNOM PENH – Nearly $7 billion worth of investment projects were approved last year. Of the 414 projects, 264 were outside special economic zones and 150 within these zones.
The Council for the Development of Cambodia (CDC) says there were 387 new projects and 27 production expansion projects, creating nearly 320,000 jobs.
The CDC reported a 40 percent increase in investment capital of nearly $2 billion for 2024 projects, with 27 expansion projects outperforming 21 in 2023.
Graphic shows about source of investment capita in Cambodia. Graph by Thun Senghong
The industrial sector remains the most prominent, attracting 394 investment projects, accounting for 95 percent of the total.
Investment capital poured into this sector was about $4.8 billion, contributing 69 percent of investment capital and increasing by 110 percent compared to 2023.
Agriculture and agro-industry sectors received eight projects. Investment for this sector in 2024 amounted to more than $121 million, equivalent to two percent.
The tourism sector has four investment projects with a total capital of $738 million, accounting for 11 percent of total investment capital, while infrastructure and other sectors have eight projects with a total investment capital of more than $1.3 billion, equivalent to about 18 percent of the total investment capital.
In 2023, Cambodia attracted investment of $4.92 billion, up 22 percent from 2022,
The trade volume in 2024 was $54.74 billion, up 16.9 percent on 2023. Exports amounted to $26.2 billion and imports $28.54 billion.
Most imported products were minerals, knitted or crocheted fabrics, nuclear reactors, boilers, machinery and mechanical appliances, vehicles and electrical machinery.
The country exported mostly apparel and clothing accessories, cereals, rubbers, travel goods and electrical machinery.
The most important trading partners include China, the US, Vietnam, Thailand and Japan.