"CDC" officials during a “One Window Service” meeting on March 2020 approved four solar panel manufacturing and installation projects worth $30 million; one tyres and spare parts investment project worth $33 million and one 710-room three-star hotel in Sihanoukville worth $59 million.
The CDC also approved one banana farm project in Kampong Cham province worth $12 million, two flour mill investment projects in Banteay Meanchey and Stung Treng provinces worth $13 million, a brewery in Kandal province worth $161 million and a data centre in Phnom Penh worth $102 million, among other projects worth $129 million.
Last month the CDC approved six development projects worth $667 million. They consist of a hospital, supermarket, resort, factory, bottling plant and textile factory.
The CDC is in charge of making high-level investment decisions in the Kingdom. It is chaired by Prime Minister Hun Sen and senior members of ministries and other government agencies.
The Cambodian Investment Board and the Cambodian Special Economic Zone Board are the CDC’s operational arms for private sector investment.
CIB deals with investment projects outside of SEZs, while the CSEZB takes charge of investment projects within.