According to the Council for the Development of Cambodia (CDC), the country witnessed a significant surge in investment activity throughout 2024, with 414 new and expanded projects approved both inside and outside Special Economic Zones (SEZs). These projects represent a total investment value of USD 6.9 billion and are expected to create about 320,000 jobs.
10 SEZ Projects Worth USD 850 Million Approved
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Among the approved projects, 10 major investments focused on establishing new Special Economic Zones, with a combined investment value of USD 850 million, creating approximately 4,000 jobs.
The industrial sector remained the key driver of Cambodia’s investment growth, accounting for 69% of total registered capital, including various manufacturing projects that support both domestic production and export growth.
Government’s Proactive Policy Spurs Investor Confidence
Experts attribute this investment momentum to the proactive, flexible, and innovative leadership of the Cambodian Government under Prime Minister Hun Manet. His administration’s forward-looking approach has proven effective in adapting to global and regional economic restructuring trends.
The Royal Government of Cambodia has continued to promote an open and competitive investment environment, emphasizing infrastructure development, logistics improvement, and reduction of business costs and processing times to attract and retain investors.
Investment Outlook for 2025: Continued Upward Trend
Investment inflows into Cambodia are expected to continue rising in 2025, driven by:
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The regional relocation of large-scale production facilities to ASEAN countries, and
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The sustained support from the Cambodian Government to enhance business conditions.
These factors are positioning Cambodia as an increasingly attractive destination for foreign direct investment (FDI)in Southeast Asia.
Exports from SEZs Reach USD 5.7 Billion
A recent report from the Ministry of Commerce revealed that Cambodia’s exports from SEZs reached USD 5.7 billion in 2024, underscoring the vital role of these zones in the country’s economic expansion and industrialization.
Industrial Growth Forecast: 8.6% in 2025
In 2025, Cambodia’s industrial sector is projected to grow by 8.6%, with balanced development across several key areas:
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Basic industries
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Manufacturing and processing
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Light industries producing consumer goods
The strategic goal of Cambodia’s industrial development is to meet domestic demand while boosting exports to strengthen national revenue and ensure sustainable growth.