Cambodia

The Bank of India has indicated its intent to invest in Cambodia as the Cambodia government has welcomed an initial application by the Indian bank according to The Economic Times.

The Cambodian investment news comes after the Cambodia Finance Minister Keat Chhon met with Indian ambassador Aloke Sen to promote further Cambodia investment by India. [Read more →]

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 Cambodia coincides with Vimpelcom similar investment in Vietnam. See Vimpelcom to Invest in Vietnam [Read more →]

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 [Read more →]

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 [Read more →]

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 is currently [Read more →]

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 [Read more →]

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 [Read more →]

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 [Read more →]

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 investment in Cambodia accounted $1.5 billion from 1994 to 2007.

The Cambodia investment trend is expected to continue in 2008 according to the Cambodia government. [Read more →]

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 the four pillar industries that are driving Cambodia investment [Read more →]

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 Cambodia as well as Laos and Vietnam.

The size of the Cambodia investment by [Read more →]

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 [Read more →]

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, [Read more →]

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 combined capacity of 1,100 megawatts.

With the Cambodia economy slated as the fastest growing economy in Southeast Asia this year, continued interest in Cambodia foreign direct investment is [Read more →]

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 [Read more →]