PHNOM PENH, April 9 (Xinhua) -- Cambodia attracted fixed-asset investment of 2.5 billion U.S. dollars in the first quarter (Q1) of 2025, up almost 14 percent from 2.2 billion dollars in the same period last year, said a Council for the Development of Cambodia (CDC)'s report released on Wednesday.

The Southeast Asian country approved 172 investment projects during the January-March period this year, up from 106 projects over the same period last year, generating nearly 120,000 jobs, the CDC said.

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

The top five foreign investors in the kingdom are from China, Singapore, the British Virgin Islands, Vietnam, and the Cayman Islands, the CDC said, adding that investment from China accounted for 56.2 percent of the total investment.

Cambodian Ministry of Commerce's Secretary of State and Spokesperson Penn Sovicheat said the Regional Comprehensive Economic Partnership 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 job opportunities for the Cambodian people. Enditem

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