In 2024, the CDC approved $6.9 billion in investment projects, including 10 new SEZ projects

In 2024, the Council for the Development of Cambodia (CDC) approved 414 new projects and production expansion projects both inside and outside special economic zones, with a total investment capital of approximately US$6.9 billion and the potential to create 320,000 jobs.

Among those projects, there are up to 10 investment projects that aim to create new special economic zones with a total investment capital of approximately US$850 million and the potential to create approximately 4,000 jobs.

His Excellency Chea Vuthy, Secretary General of the Cambodian Investment Board of the CDC, on Friday morning, January 10, 2025, at the inauguration ceremony of the ISI Special Economic Zone project of Golden Port SEZ Development Co., Ltd., expressed high optimism that investment flows into Cambodia will continue to increase, based on the trend of shifting the production base of major investment companies to the ASEAN region and the continued introduction of supporting policies by the Royal Government to make the investment environment in Cambodia more attractive, with efforts to build infrastructure to facilitate transportation to reduce both costs and time.

Overall, in 2024, investment project approvals increased by 146 projects, while investment capital increased by nearly US$2 billion, equivalent to nearly 40% compared to the same period in 2023, and production expansion projects increased from 21 to 27 projects.

In 2024, the industrial sector continued to be the most prominent sector, attracting 394 investment projects, equivalent to approximately 95% of the total number of investment projects, while investment capital in this sector was approximately US$4.8 billion, contributing 69% of the total investment capital, and an increase of approximately 110% compared to 2023.

Meanwhile, the agriculture and agro-industry sectors have 8 projects with a total investment capital of over US$121 million, equivalent to 2%; the tourism sector has 4 projects with a total investment capital of approximately US$738 million, equivalent to 11%; and the infrastructure and other sectors have 8 investment projects with a total investment capital of approximately US$1.3 billion, equivalent to approximately 18% of the total investment capital.