According to the Council for the Development of Cambodia (CDC), the government approved 46 new projects and 7 production expansion projects in August, with a total investment of more than $1.2 billion, creating around 33,000 jobs.
These projects aim to enhance domestic production capacity and boost the export of Cambodian-made goods to international markets.
Chinese investors accounted for the majority of financing during the period with about 84.72% of the total. Local financiers contributed 9.12%, followed by investments from Singapore, Samoa, the Netherlands, Malaysia and the US.
Chinese investment increased from about $1.7 billion in 2022 to around $3.2 billion in 2023.
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