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Entries Tagged as 'Cambodia Foreign Direct Investment'

Vimpelcom to Invest in Cambodia

July 9th, 2008 · No Comments

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 […]

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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 […]

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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
advance communications CADCOMMS Cambodia Foreign […]

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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 […]

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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 […]

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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 […]

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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
cambodia cambodia economy […]

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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 […]

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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
cambodia cambodia foreign direct investment […]

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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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