TMT Newswire > PR Newswire
The Rise of CBD in Cambodia Dara Sakor Tourism, Infrastructure and Investment Promotion Advance Together to Reshape the New Image of Cambodia's City

KOH KONG, Cambodia, Oct. 12, 2024 /PRNewswire/ -- Recently, COASTAL CITY DEVELOPMENT GROUP has newly upgraded Cambodia Dara Sakor -Stardream Lake area and will plunge 200 hectares of land into sale in the coming year. Behind this series of land deals is part of a new upgrade program for Cambodia Dara Sakor -Stardream Lake area and an important project for economic investment between China and Cambodia.

According to the Cambodian Development Council (CDC), in August 2024, Cambodia has approved 53 investment projects with an agreed investment of US$1.2 billion. Among them, Chinese investment ranked first, accounting for 84.7% of the investment value. This indicates that China's investment in Cambodia is in a solid position and is increasing significantly. In addition, the bilateral trade volume between Cambodia and China exceeded 10 billion U.S. dollars in the first 8 months of this year, with a year-on-year growth of 24.5%, further consolidating China's position as Cambodia's largest trading partner.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here