Compass Real Estate > Cambodia Real Estate Information > CDC: Cambodia still has the potential to attract large investment projects

CDC: Cambodia still has the potential to attract large investment projects

2020-11-23
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Summary:​Cambodia continues to show its potential in attracting large-scale investment projects from international investors, despite the protracted global Covid-19 crisis.

Cambodia continues to show its potential in attracting large-scale investment projects from international investors, despite the protracted global Covid-19 crisis. This is according to a senior official of the Council for the Development of Cambodia (CDC).

The Secretary General of the Council for the Development of Cambodia (CDC), Sok Chenda Sophea, said on the afternoon of November 20, 2020 that Cambodia has received a series of investment proposals from national and international investors who wish to invest in Cambodia.

He said that in recent times, investment requests continue to be the same as in 2018 and 2019, although the Covid-19 protracted now.

“In the process of importing raw materials from other countries to serve the investment of other investors, it is still operating normally without any reduction. We recognize that some sectors and businesses in Cambodia face significant challenges, such as tourism, while agricultural production does not face significant challenges,” the senior official said.

Recently, CDC has approved investment proposals from companies to set up garment factories, clothing, gloves, shoes, bags, lamps, wires, plastic products and fruit processing plants.

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