The Government of Cambodia approved fixed-asset investment projects worth around USD10 billion in 2025, marking a year-on-year increase of about 45 percent, according to the Council for the Development of Cambodia (CDC). The country licensed 630 projects during the year, up 52 percent from 414 projects in 2024.
Manufacturing continued to dominate approvals, reflecting Cambodia’s role as a regional production base, while infrastructure and agri-based projects supported broader economic diversification.
China remained Cambodia’s largest foreign investor, accounting for more than half of total approved investment value. Other significant sources of investment included Singapore, Vietnam, the British Virgin Islands, the United Kingdom, the United States, the Cayman Islands, Samoa, and Bermuda. Officials said trade frameworks such as the Regional Comprehensive Economic Partnership and Cambodia’s bilateral free trade agreements with China, South Korea, and the United Arab Emirates have played a key role in attracting foreign direct investment by improving market access and investor confidence.