According to a report released on Dec. 20, the Council for the Development of Cambodia (CDC) approved 414 investment projects in 2024, up 54 per cent from 268 projects last year.
The report added that the approved investment projects had a total investment capital of $6,900 million, up 40 per cent from $4,927 million in 2023.
Sun Chanthol, Deputy Prime Minister and CDC First Vice President has recently attributed the sharp rise in investment projects to peace, political and macroeconomic stability, better legal frameworks and regulations, and the growth of the Cambodian economy.
“The Royal Government has been proactive in addressing the difficulties and challenges of the private sector to enhance the investment environment for both domestic and foreign investors,” said Sun Chanthol.AKP
