The Council for the Development of Cambodia (CDC) has approved 39 new investment projects and investment expansion projects in the first quarter of 2023, with an investment of approximately US$294 million.
A report by the Council for the Development of Cambodia showed that in the first three months of 2023, investment projects decreased by eight projects, while investment capital decreased by US$2.2 billion compared to the same period in 2022.
These 39 investment projects create approximately 47,000 jobs for local people.
Of the 39 investment projects, 38 are in the industrial sector and one is in the tourism sector.
Investors from China ranked first, accounting for nearly 70 percent of total projects, while domestic investment stood second.
Source: Construction & Property News
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