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The freshly-inked sub-decree implementing Cambodia’s new investment law brightens the Kingdom’s lustre for investors and opens the way for its ambitions to become an “upper-middle income” economy by 2030 and join the “high-income” group by 2050.
The freshly-inked sub-decree implementing Cambodia’s new investment law brightens the Kingdom’s lustre for investors and opens the way for its ambitions to become an “upper-middle income” economy by 2030 and join the “high-income” group by 2050.
A Chinese company has invested nearly $70 million to grow six varieties of mangoes in Stung Treng province for export to the Chinese market, with plans to channel a further $500 million into a large-scale exporting operation down the line.
Cambodia exported more than 11,000 tonnes of palm oil in the first quarter of 2022, representing a nearly four per cent decrease year-on-year, the latest agriculture ministry data has revealed.
Cambodia exported nearly 62,000 tonnes of crude palm oil in 2021, rising in excess of 176 per cent from a year earlier, worth more than $66 million, or at an average of over $1.06 per kilogramme, according to Ministry of Agriculture, Forestry and Fisheries data.