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Cambodia Accelerates Investment in Automotive Sector, Boosting Economic Growth and Global Competitiveness
Cambodia highlighted its growing investment in the automotive sector with the groundbreaking ceremony for KNN Automotive Co., Ltd.'s assembly plant. Citing political stability and economic potential, the nation attracted approximately $10 billion in investment projects in 2025 and $4.7 billion in the first half of 2026, aiming to enhance global competitiveness through the development of its automotive industry.
The Council for the Development of Cambodia (CDC) yesterday inaugurated the construction of an automobile assembly plant by KNN Automotive Co., Ltd., a subsidiary of K N N Group, in Khsach Kandal district, Kandal province. Presiding over the ceremony on Sunday, July 26, 2026, H.E. Chhi Vuthy, Secretary General of the Investment Committee of Cambodia, stated that the company's investment decision demonstrates confidence in Cambodia's peace, political stability, business environment, and long-term economic potential. H.E. Chhi Vuthy highlighted that Cambodia continues to maintain a positive investment growth momentum. In 2025, the CDC registered 630 investment projects with a total investment capital of nearly $10 billion. For the first half of 2026 alone, 276 investment projects were registered, with a total capital of approximately $4.7 billion. Furthermore, H.E. Chhi Vuthy spoke about the success of developing Special Economic Zones (SEZs) and their crucial role in diversifying the industrial base and attracting high-quality, high-value-added investment sources to Cambodia. He affirmed that Cambodia is evolving into a new production base for the automotive industry and its supporting industries in the region, evidenced by the continuous increase in investments in automobile assembly plants, tire factories, and auto parts manufacturing plants. These developments contribute to job creation, technology transfer, human resource development, and strengthening Cambodia's participation in global value chains. The Investment Committee of Cambodia will continue to work closely with investors to facilitate the smooth and successful implementation of investment projects, aligning with the government's vision to make Cambodia a highly competitive, sustainable, and attractive investment destination for investors worldwide. Cambodia continues to demonstrate its potential as an investment destination. Source: CEN Cambodia
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CEN Cambodia