PHNOM PENH – The Council for the Development of Cambodia has approved 575 development projects worth $9. 2 billion in ten months, with Chinese and local investors topping the chart.

The CDC reported on Nov. 7 that the number of projects increased by 229, while the amount of investment went up by nearly $3.7 billion compared to the same period last year.

The Jan-Oct projects approved are expected to create more than 400,000 jobs, the report says.

Chinese investors remain the top investment source, accounting for 52.38 percent of the total, while local investments accounted for 32.89 percent, followed by Singapore at 5.9 percent and Vietnam at 4.4 percent.

The same report shows that $5.5 billion of the investments go to the industrial sector, $3.1 billion to infrastructure, $405 million to agriculture and agro-industrial sectors and $175 to tourism.

Kampong Speu province welcomed the biggest number of projects (130) while Svay Reang province got 129.

In October, the CDC approved 29 projects worth 1.4 billion, expected to create 25,000 jobs. Of these, 11 will be in the special economic zones. 

Outside these zones, the most remarkable projects include the Funan Techo Canal Construction and Operation, worth $1.2 billion, along Kandal, Takeo and Kep provinces. The project will create 3,199 jobs.

The CDC also approved a hospital project, with 221 beds in Khan Meanchey, Phnom Penh, worth $76 million, creating 741 jobs. A textile and tread factory in Kandal province, worth $50 million, will generate 1,820 jobs.

In the special economic zones, the outstanding projects include a floor tile factory in Koh Kong province, worth $16 million and generating 285 jobs.

The ten-month figure of projects registered was 161 greater than the overall number of projects in 2024.