Property News Roundup March 03rd, 2025
We’re delighted to share the weekly news highlights below.
- Kingdom sees 10 percent growth in manufacturing sector
Cambodia’s manufacturing sector experienced a robust 10% growth in 2024. The number of manufacturing enterprises reached a new high of 2,316 by November 2024, according to a report from the Ministry of Industry, Science, Technology, and Innovation. This growth reflects the sector’s increasing contribution to the country’s economic development.
February 25th 2025 | Construction & Property | Link: https://t.ly/0zSYM
- Chinese Firm ICAP Announces Major Investment Plans in Cambodia’s Electric Vehicle Sector
China’s Infinite Capital Holding Company (ICAP) has announced plans to invest in Cambodia’s electric vehicle (EV) sector. The company aims to manufacture EV components and explore ventures in new materials, AI, semiconductors, and carbon fiber technologies. This initiative is expected to boost Cambodia’s automotive industry and support the country’s commitment to sustainable development.
February 25th 2025 | Construction & Property | Link: https://t.ly/nqzr8
- Spain registers highest trade coverage ratio with Cambodia
Spain has achieved the highest trade coverage ratio with Cambodia among European Union countries. This milestone reflects the strong trade relationship between the two nations, with Spain exporting a significant amount of goods to Cambodia while importing relatively less. The trade coverage ratio is a key indicator of the balance between exports and imports, highlighting Spain’s robust export performance in the Cambodian market.
February 25th 2025 | Khmer Times | Link: https://t.ly/o4LY6
- Companies Raise USD 475 Million in Capital Markets, Promising Growth Ahead
As of February 2025, listed companies in Cambodia have raised a total of $475 million from the capital market. The Cambodia Securities Exchange (CSX) currently features 24 listed companies, including 11 equity securities and 13 debt securities. The market saw an average daily trading volume of around $130,000 in 2024, driven primarily by retail investors. The Securities and Exchange Regulator of Cambodia is optimistic about the future, projecting at least six additional companies to be listed in 2025.
February 26th 2025 | Construction & Property | Link: https://t.ly/fBpTS
- South Korea’s Yurahanes Invests USD 15m to Expand Car Electronics Assembly Plant in Kampong Speu
South Korea’s Yurahanes (Cambodia) is set to expand its car electronics assembly plant in Kampong Speu province with an investment of over $15 million. The plant, which employs 1,200 workers, including seven foreign specialists, was inaugurated in April 2023. This expansion aims to increase the plant’s capacity, create additional jobs, and raise salaries for the local workforce.
February 26th 2025 | Construction & Property | Link: https://t.ly/3Honj
- NBC Governor clears air over surge in Jan inflation rate
The National Bank of Cambodia (NBC) Governor has addressed concerns over the surge in the January inflation rate. The increase was attributed to higher prices for fuel, food, and other essential goods. The Governor emphasized that the inflation rate is expected to stabilize in the coming months as global supply chains recover and domestic production increases.
February 27th 2025 | Khmer Times | Link: https://t.ly/Zf_lY
- Progress on the National Road 48 Improvement Project
The rehabilitation and improvement project for National Road No. 48 in Cambodia has reached 25.57% completion as of April 2023. The project spans 148 kilometers and aims to enhance road quality and capacity, facilitating smoother and safer transportation. The project, which began in January 2022 with a budget of approximately $78 million, is expected to require an additional 12 months beyond the original deadline to ensure high-quality infrastructure.
February 27th 2025 | Construction & Property | Link: https://t.ly/eQzWW
- Kratie SEZ ready for expansion as canal draws nearer
The Kratie Special Economic Zone (SEZ) in Cambodia is expanding, driven by its strategic location and the upcoming Funan Techo Canal, which will reduce export costs. Currently, the SEZ hosts 14 companies with $1.2 billion in investments and is set to welcome more, including tire manufacturers and a wind turbine factory. The SEZ aims to house over 200 enterprises and create up to 100,000 jobs.
February 28th 2025 | The Phnom Penh Post | Link: https://t.ly/gCAeg
- Success of Preah Sihanouk investment programme may lead to nationwide rollout
The success of the Special Investment Promotion Program in Preah Sihanouk province, launched in January 2024, may lead to a nationwide rollout. The program has attracted over $6 billion in investments and approved 269 projects, revitalizing stalled developments and creating jobs. The government plans to expand this initiative to other provinces, aiming to boost investment and economic growth across Cambodia.
February 28th 2025 | The Phnom Penh Post | Link: https://t.ly/2bIoX
- Tourism ministry tip international arrivals to top 7 million in 2025
The Ministry of Tourism in Cambodia expects international arrivals to reach between 7.2 and 7.5 million in 2025. This follows a 23% increase in 2024, with 6.7 million international tourists visiting the country. Key strategies and promotional efforts are driving this growth, alongside initiatives like the integration of e-Visa and e-Arrival systems and reduced visa fees.
February 28th 2025 | The Phnom Penh Post | Link: https://t.ly/q4wkl