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Cambodia’s Industrial Investment Nears $5 Billion in First Seven Months of 2025

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PHNOM PENH, Cambodia (Aug. 14, 2025) — Cambodia approved nearly $4.7 billion in industrial investment projects between January and July 2025, according to the Council for the Development of Cambodia (CDC), signaling continued momentum in the Kingdom’s manufacturing and production sectors.

The industrial sector is projected to grow by 8.6% in 2025, supported by stable performance in both garment and non-garment manufacturing subsectors. While construction remains subdued, industrial activity continues to drive Cambodia’s macroeconomic resilience.

Minister of Industry, Science, Technology and Innovation Hem Vandy said Cambodia has maintained macroeconomic stability despite global headwinds, sustaining high employment levels and attracting consistent investment. He credited ongoing government measures—particularly support for small and medium-sized enterprises (SMEs)—as key to preserving production, business continuity, and job creation.

According to official estimates, Cambodia’s economy grew by 6% in 2024 and is forecast to expand by 6.3% in 2025. The industrial sector contributed approximately 8.5% to GDP growth last year and is expected to maintain its upward trajectory this year.

As of the end of 2024, Cambodia had 2,425 operational large-scale factories, including 326 newly established facilities. These enterprises provided employment to roughly 1.16 million workers, over 73% of whom are women. Cumulative investment in the industrial sector has reached more than $20.45 billion, marking a 10.18% increase compared to 2023.

The surge in industrial investment aligns with Cambodia’s broader economic strategy under Vision 2050 and the Securities Development Roadmap 2025–2035, which emphasizes capital mobilization, infrastructure financing, and private sector expansion to sustain long-term growth.

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