Phnom Penh, November 2025 — Cambodia has posted one of its strongest investment performances in recent years, with newly approved investment projects rising sharply across key sectors and provinces. According to the Council for the Development of Cambodia (CDC), the Kingdom recorded US$9.2 billion in approved investment between January and October 2025, representing a 67% year-on-year increase. During the same period, 575 new projects were approved, marking a 66% rise compared to 2024.
Diverse Sectors Driving Growth
The surge reflects Cambodia’s expanding economic base and the continued confidence of both domestic and international investors. The leading sectors include:
- Manufacturing (garments, electronics, and industrial assembly)
- Renewable energy, particularly solar and green-transition projects
- Infrastructure, including logistics, utilities, and transport
- Tourism development
- Agriculture and agro-industry, especially processing and value-added production
This diversification indicates a shift toward higher-value, future-oriented investments aligned with Cambodia’s long-term development ambitions.
Top Investor Origins
Investment inflows were driven by a mix of regional and domestic sources:
- China remained the largest contributor
- Local Cambodian investors continued to play a significant role
- Singapore and Vietnam also ranked among the top sources
The mix of foreign and domestic capital reflects both rising regional integration and growing local investment capacity.
Provinces Benefiting from New Investment
The bulk of newly approved projects were concentrated in strategic economic corridors and growth provinces, including:
- Kampong Speu
- Svay Rieng
- Phnom Penh
- Takeo
- Koh Kong
- Preah Sihanouk
These provinces are benefiting from improved infrastructure connectivity, special economic zones (SEZs), and expanding industrial and logistics hubs.
Outlook
The strong performance underscores Cambodia’s resilience amid global uncertainties and highlights the country’s ongoing progress in attracting diversified, high-impact investment. For businesses and advisory firms such as ASA, these trends present opportunities for deeper engagement in infrastructure development, renewable energy, regulatory advisory, and investment facilitation.
Source: Council for the Development of Cambodia (CDC)