Vimpelcom, Russia’s second largest cell phone operator has announced it will invest in Cambodia through the purchase of Sotelco according to Reuters UK.
The Cambodian investment deal with Vimplecom and telecommunications and internet service provider Sotelco involves an estimated $28 million purchase yet no other details were released.
Interestingly, the move by Vimpelcom to invest in […]
Entries Tagged as 'Cambodia Foreign Direct Investment'
Vimpelcom to Invest in Cambodia
July 9th, 2008 · No Comments
Tags: Cambodia Foreign Direct Investment
Cambodia to Build Nine Hydroelectric Dams
May 20th, 2008 · No Comments
The Cambodia government is going through with plans to build nine hydroelectric dams despite environment concerns according to AFP.
The move will potentially threaten to flood a large portion of Cambodia’s protected forests yet will provide 1,942 megawatts of power by 2019.
A large portion of the Cambodia investment is
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Siam Cement to Invest in Cambodia
May 6th, 2008 · No Comments
Thailand’s largest cement producer, Siam Cement, plans to invest in Cambodia by building a second cement plant according to Bloomberg.
The Cambodia investment move by Siam Cement is worth possibly $189 million and is expected to triple cement production in the country.
Other big commodity investment deals in Cambodia include
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Seamico to Invest in Cambodia
April 22nd, 2008 · No Comments
Seamico Securities, Thailand’s 7th ranked brokerage firm, plans to invest in Cambodia according to Reuters.
While the details of the Seamico expansion plan were not disclosed, a license to enter Cambodia market is likely to go through later this year.
The key driver for Seamico’s interest to invest in Cambodia surrounds the fact that the Cambodia economy […]
Tags: Cambodia Foreign Direct Investment
MobilityOne to Invest in Cambodia
April 16th, 2008 · No Comments
MobilityOne Ltd, the Digital payment services provider based in Malaysia, has announced it will invest in Cambodia according to Forbes.
While the financial terms of the Cambodia investment were not disclosed, the deal involves Telekom Malaysia International and
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MTV to Invest in Cambodia Mobile
March 14th, 2008 · No Comments
MTV Networks Asia and Cambodia’s Advance Communications (CADCOMMS) have entered into a mobile licensing deal to provide 3G platform content according to The Hollywood Reporter.
The Cambodia investment will allow MTV to deliver MTV and Nickelodeon content directly to Cambodia mobile subscribers.
While the MTV deal to invest in Cambodia is
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KFC to Open in Cambodia
March 4th, 2008 · No Comments
Through a joint venture Cambodia investment agreement, Cambodia will operate the Kentucky Fried Chicken Restaurant according to The Star.
QSR Brands, Royal Group of Companies and Rightlink Corp Ltd Hong Kong comprise the joint venture makeup to from Kampuchea Food Corp Ltd (KFCL) and the company responsible for KFC operations in Cambodia.
The KFC Cambodia investment is
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Asian Investment in Cambodia Expected to Lead in 2008
February 29th, 2008 · No Comments
Western nations only made up 15 percent of foreign investment in Cambodia whereas Asian nations, such as China and South Korea, made up over 60 percent foreign investment in Cambodia in the years of 1994 to 2003 according to Earthtimes.
More specifically, China foreign investment in Cambodia accounted for $1.76 billion and South Korea foreign […]
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Cambodia Investment Hits $2.8 Billion in 2007
February 15th, 2008 · No Comments
Cham Prasidh, the Cambodian Commerce Minister, announced that investment in Cambodia reached $2.8 billion in 2007 according to Xinhua News.
Although, the number of Cambodia investments was lower in 2007 than in 2006, the Cambodia government expects 2008 to continue to grow with several jumbo projects currently in negotiations.
Garment, tourism, infrastructure construction and agriculture make up […]
Tags: Cambodia Foreign Direct Investment
3P Networks to Acquire Majority of Cambodia Spectrum
February 12th, 2008 · No Comments
3P Networks, US telecom firm, is currently in negotiation with the Cambodia government in order to acquire a significant portion of Cambodia’s frequency spectrum according to Xinhua News.
The Cambodia investment would allow 3P Networks to bring unique cost-effective telecommunication solutions in the areas of fixed and wireless Voice over Internet Protocol (VoIP) and broadband to […]
Tags: Cambodia Foreign Direct Investment
Top Thai Companies to Invest in Cambodia
January 31st, 2008 · No Comments
Italian-Thai Development, Electricity Generating, and Ratchaburi Electricity Generating Holding are looking at plans to invest in Cambodia to develop a new power plant according to Reuters.
Although there have been no concrete cost published surrounding the Cambodia investment, the plans suggest
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Alstom to Build Tram Railways
December 3rd, 2007 · No Comments
Alstom, a French firm, sees Cambodia foreign direct investment in trams as a solution to Phnom Penh’s traffic jams and air pollution according to Xinhua.
While no dollar figures were released to support the Cambodia foreign direct investment,
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Cambodia Seeks $3 Billion Investment for Power Plants
November 26th, 2007 · No Comments
The Cambodia government is seeking $3 billion in Cambodia foreign direct investment to built power plants to handle the future increase in Cambodia energy needs according to the Bangkok Post.
The Cambodia government has identified China and Vietnam as key contributors to Cambodia FDI for the project to build a number of hydropower plants with a […]
Tags: Cambodia Foreign Direct Investment
Telekom Malaysia to Invest in Cambodia
November 16th, 2007 · 1 Comment
Telekom Malaysia, fixed line operator, has announced that it will invest in Cambodia $150 million according to Reuters.
The Cambodia investment will go towards upgrading network capacity and adding 500 base transmitter stations into the Cambodia infrastructure.
The move by Telekom Malaysia invest in Cambodia shows continued Cambodia foreign direct investment (FDI) interest
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Cambodia Sees $861 Million in Foreign Direct Investment (FDI) This Year
October 18th, 2007 · No Comments
So far this year, Cambodia has seen $861 million in foreign direct investment (FDI) according to the recent United Nations Conference on Trade and Development (UNCTAD) report as cited by XinHua News.
The breakdown of total Cambodia investment thus far this year is as follows:
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Cambodia Land Prices Rise Twenty-Fold
October 16th, 2007 · No Comments
Cambodia land prices in Phnom Penh have risen from $5 per sq meter to $100 per sq meter in one year according to Channel Asia News.
The key driver to such an increase in Cambodia land prices is due the growing inflows of foreign direct investment into Cambodia from countries such as
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World Bank Concerned Over Cambodia Corruption
October 12th, 2007 · No Comments
Evidence that World Bank projects in Cambodia are riddled with corruption continues to concern World Bank official according to the Wall Street Journal.
The extend of such corruption runs so deep that in 2006 the World Bank ask for a $ 12 million refund by the Cambodia government in order to compensate for the mismanagement of […]
Tags: Cambodia Foreign Direct Investment
China Cambodia Past Relations Spur Investment
October 9th, 2007 · No Comments
As China now looks to other nations to invest, Cambodia is seeing the benefits largely due to is past relationship with China according to EarthTimes.
With strong China Cambodia diplomatic ties dating back to the 1950’s, China made a decision to
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Cambodia Engages Brunei for Oil and Gas Expertise
September 25th, 2007 · No Comments
In a diplomatic agreement between Cambodia, Vietnam and Brunei, the three countries have agreed to cooperate in terms of oil and gas exploration according to Borneo Bulletin.
The agreement stems from a past agreement signed 3 months ago
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Cambodia and Vietnam Team Up to Boost Textile Industry
September 24th, 2007 · No Comments
A Cambodia delegation and the Vietnam Ministry of Industry and Trade have come to an information exchange agreement to help boost the textile industry in both countries according to VietNamNet.
While the textile industry is a major export stable for both nations, key growth concerns for both Cambodia and Vietnam surround
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Cambodia Foreign Ownership to Promote Economic Growth
September 11th, 2007 · No Comments
In 2005, the Cambodian investment law was amended to allow for foreign ownership of fixed assets. However, due to a lack of enforcement and proper implementation the law is outdated and requires an uplift according to Asia Property Report.
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