PHNOM PENH, March 11 (Xinhua) -- Cambodia approved fixed-asset investment projects worth 1 billion U.S. dollars in the first two months of 2025, said a press release from the Council for the Development of Cambodia (CDC) on Tuesday.

The kingdom approved a total of 112 investment projects during the January-February period this year, generating approximately 71,000 jobs, the press release added.

Major projects included an auto garage equipment manufacturer, a car tire plant, a car assembly plant, metal processing plants, plastic product factories, a solar-powered plant, and garment and travel goods factories.

Cambodian Ministry of Commerce's Secretary of State and Spokesperson Penn Sovicheat said the Regional Comprehensive Economic Partnership agreement and Cambodia's bilateral free trade agreements (FTAs) with China, South Korea, and the United Arab Emirates are key factors in attracting foreign direct investment.

"These regional and bilateral FTAs are magnets for foreign investors to Cambodia," he told Xinhua.

Sovicheat said new investments will bring new capital, technologies and employment opportunities for Cambodian people. Enditem

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