PHNOM PENH, July 7 (Xinhua) -- Cambodia attracted fixed-asset investment of 5.8 billion U.S. dollars in the first half of 2025, a year-on-year increase of 77 percent, said a Council for the Development of Cambodia (CDC) report released on Monday.
The Southeast Asian nation approved 373 investment projects during the January-June period this year, up 96 percent from 190 projects in the same period last year, creating approximately 255,000 jobs, the CDC said.
Major projects included an auto garage equipment factory, a car assembly plant, car tire plants, an electric three-wheeler assembly plant, solar power plants, a solar panel plant, wind power stations, a hydroelectric plant, metal and aluminum processing plants, a dry port, and tourism resorts.
China was still the top foreign investor in the kingdom, the CDC said, adding that other key foreign investors were from Singapore, Vietnam, the United Kingdom, the United States, Samoa, and South Korea.
Ministry of Commerce's Secretary of State and Spokesperson Penn Sovicheat said the Regional Comprehensive Economic Partnership (RCEP) Agreement and Cambodia's bilateral free trade agreements (FTAs) with China, South Korea, and the United Arab Emirates are major factors in attracting foreign direct investment.
"These FTAs are magnets for foreign investors to Cambodia," he told Xinhua. "New investments will bring new capital, technologies and job opportunities for Cambodian people." ■
