Cambodia has newly approved two new energy power generation projects with a total investment of US$258 million.

China News Service, Phnom Penh, October 14 (Zhang Yanlin) A report released by the Development Council of Cambodia on the 14th local time showed that in September this year, the country approved and registered a total of 36 major investment projects, with a total agreed investment of US$470 million, including two solar power generation projects.

In terms of investment sources, local investment capital from Cambodia accounted for the highest proportion in September, accounting for 57.8%. Chinese investment accounted for 28.66%, ranking second. Investments from Malaysia and Vietnam accounted for 6.52% and 6.25% respectively, ranking third and fourth. The investment projects approved that month are expected to create 17,000 jobs for local people.

The key investment projects approved in September cover two solar power stations in Pursat Province, Cambodia, with installed capacities of 350 MW and 30 MW respectively, and investment capital of US$225 million and US$33 million respectively.

The Development Council of Cambodia stated that in the first nine months of this year, the country’s investment activities were mainly concentrated in the industrial sector, and investment in agriculture and agricultural product processing, tourism and infrastructure construction also showed a growth trend. This shows the continued diversification of investment activities in Cambodia and reflects investors’ confidence in Cambodia’s investment environment. (over)