Prime Minister Hun Manet held discussions with South Korean ambassador to Cambodia Park Jung-wook on August 13. Manet travelled to South Korea in May of this year to meet with South Korean President Yoon Suk Yeol and other senior officials, as well as several high-level members of the South Korean business community.

Since assuming the role of prime minister, Manet has tried his best to attract foreign investment to Cambodia.

He first travelled to China, and then Vietnam, Thailand, France, Malaysia and South Korea to address his strong commitment to attracting foreign investors and to share Cambodia’s position on various issues that are affecting the global community.

Among the ASEAN nations, South Korea has the strongest relations with Vietnam and Indonesia, with Vietnam having the largest exchange of trade. At present, Cambodia and Laos have less of a relationship with Seoul’s powerful economy.

Following the May visit, Manet and President Yoon Suk Yeol signed off on a strategic partnership, the most recent to be introduced by the Kingdom.

South Korea is very important to Cambodia as it welcomes many Cambodian workers and provides education opportunities for the Kingdom’s students and officials, providing high salaries and excellent qualifications.

During Manet’s August 13 meeting with the ambassador, four main points were discussed, with a view to ensuring they will be beneficial to both sides.

The four agenda items were trade and investment, national defence and security, tourism, and people-to-people exchanges between the two countries.

Cambodia should pay close attention to South Korea, as it represents large business opportunities and is also a strong military power, ranked number five in the world.

The four discussion points that the two sides discussed require serious action by the Cambodian government.

It must take note of the fact that the Kingdom welcomes few Korean tourists, and also that there are far fewer South Koreans doing business in Cambodia than in Vietnam.

The first step is to guarantee the continued safety and security of the South Korean diplomats and businesspeople who are in Cambodia right now, as they will share the circumstances on the ground in the Kingdom, thus ensuring the news reaches their fellow countrymen who may want to visit or run businesses here.

The establishment of a Special Economic Zone for South Korean businesspeople would also be an excellent step, and demonstrate the Kingdom’s strong commitment to attracting Korean people.

South Korean citizens and diplomats should understand that Cambodia desires to have their nation as a good partner, and the two countries should hold more discussions and negotiations to further understand one another.

Recent reporting of possible terrorist attacks by North Korean intelligence operatives on South Korean diplomatic facilities in Cambodia, Vietnam and Laos, as well as some parts of China and Russia, are at the forefront of South Korean foreign policy, and the Cambodian government must prioritise the safety and security it provides to diplomatic staff and their families.

In terms of trade and business, the Cambodian government should study the lessons it can learn from Vietnam. Despite Vietnam being a socialist nation and South Korea a democratic one, the two countries are able to successfully invest in one another, so the Kingdom should take note of the details of their relationship.

Read full article at Khmer Times

Phnom Penh, the capital of Cambodia, has been a hotspot for real estate investment over the past two decades. With rapid urbanization, economic growth, and increasing foreign investment, the city has seen land prices surge. However, with the market evolving and new developments emerging, is land investment in the center and outskirts of Phnom Penh still a good opportunity to make a profit? This article explores seven key reasons why investing in land in Phnom Penh remains a viable option for businessmen, investors, and those interested in the real estate sector.

1. High-Growth Areas for Investment

Several areas in Phnom Penh are witnessing high growth and appreciation in land value due to ongoing infrastructure developments and increasing demand.

• Chroy Changvar and Koh Pich – These areas are experiencing rapid development, with high-end residential and commercial projects attracting local and international investors.
• Sen Sok – Emerging as a commercial and residential hub, this district is becoming one of the most desirable locations for real estate investment.
• Meanchey and Prek Pnov – These areas are still relatively affordable but have significant growth potential due to their proximity to new infrastructure projects.
• Toul Kork and Chamkar Mon – Established as prime locations, these districts already have high land prices but continue to attract demand due to their strategic locations.

2. Market Trends and Future Growth

Phnom Penh’s real estate market continues to expand due to multiple factors, including foreign investment, urbanization, and infrastructure projects. Key market trends include:

• Increasing demand for land – As Phnom Penh’s population grows, demand for residential and commercial land continues to rise.
• Government initiatives – The Cambodian government has been actively promoting economic growth through real estate, industrial parks, and tourism.
• Infrastructure expansion – Large-scale infrastructure projects, such as expressways, bridges, and satellite cities, contribute to the appreciation of land value in both central and suburban areas.

3. Infrastructure Development Boosting Land Value

The Cambodian government has invested heavily in infrastructure, which significantly impacts land prices. Notable projects include:

• The Phnom Penh-Sihanoukville Expressway – Enhancing connectivity between the capital and the country’s main port city.
• The Funan Techo Canal Project – Improving inland waterway transport and boosting commercial activities.
• New International Airport – The upcoming Techo Takhmao International Airport will drive up land prices in the surrounding areas.
• Satellite Cities – The rise of projects like ING City and Grand Phnom Penh International City further increases demand for land in suburban areas.

4. Foreign Direct Investment (FDI) and Economic Growth

Foreign investors continue to show interest in Cambodia’s real estate market, particularly in Phnom Penh. Factors driving this include:

• Stable economic growth – Cambodia’s GDP growth remains strong, fueling demand for real estate.
• China’s Belt and Road Initiative (BRI) – Chinese investments in Cambodia’s infrastructure and real estate sector contribute to land value appreciation.
• Foreign business expansions – The presence of international companies and manufacturing industries increases demand for commercial land and office spaces.

5. Potential Risks and Challenges

While investing in land can be highly profitable, there are certain risks to consider:

• Regulatory challenges – Foreigners cannot directly own land in Cambodia, requiring careful structuring through domestic partnerships or nominee arrangements.
• Economic fluctuations – Real estate prices can be affected by global and local economic downturns.
• Infrastructure delays – Some planned projects take longer than expected, which can impact the appreciation of land value.

6. Investment Strategies for Maximum Profit

To maximize returns, investors should adopt strategic approaches when purchasing land in Phnom Penh:

• Long-term investment – Buying land in developing areas and holding onto it for years can yield significant appreciation.
• Proximity to infrastructure – Land near highways, airports, and Special Economic Zones (SEZs) tends to appreciate faster.
• Mixed-use land – Investing in land that allows both residential and commercial developments provides flexibility and higher returns.

7. The Future of Phnom Penh’s Real Estate Market

Looking ahead, Phnom Penh’s real estate market will continue to evolve with ongoing urbanization and infrastructure projects. The capital remains a key economic hub in Southeast Asia, and its growth trajectory suggests that land investments, both in central and suburban areas, will remain profitable in the long run.

Conclusion

Investing in land in the center and outskirts of Phnom Penh is still a strong opportunity for profit, provided investors carefully analyze market trends, location potential, and infrastructure developments. While risks exist, strategic investment and a long-term approach can yield substantial returns. With Phnom Penh’s continuous expansion and economic growth, land remains one of the most attractive assets for investors looking to capitalize on Cambodia’s booming real estate sector.

Top 7 Reasons Why Koh Kong is the Next Big Investment Hotspot!

Koh Kong, a coastal province in southwestern Cambodia, is emerging as a top investment destination. Located along the country’s western border with Thailand, Koh Kong spans approximately 11,160 square kilometers, making it one of Cambodia’s larger provinces. As of 2025, Koh Kong’s population is estimated to be around 150,000 residents, with a mix of Khmer, Thai, and indigenous ethnic groups.

The province enjoys a tropical monsoon climate, characterized by warm temperatures year-round, with an average high of 30°C and a rainy season from May to October. This favorable climate supports lush landscapes, pristine beaches, and dense rainforests, making Koh Kong a prime location for eco-tourism and sustainable business ventures.

Koh Kong’s infrastructure is rapidly developing. Key projects include road expansions, the deep-sea port, and airport renovations to facilitate trade and tourism. The province is also home to several Special Economic Zones (SEZs) aimed at boosting manufacturing and exports.

Tourism is one of Koh Kong’s strongest economic drivers. The province features stunning natural attractions, including the Cardamom Mountains, Tatai River, Koh Kong Island, Peam Krasop Wildlife Sanctuary, and Areng Valley. The region’s scenic beauty, rich biodiversity, and growing number of eco-lodges make it an attractive destination for tourists and investors alike.

The lifestyle in Koh Kong offers a balance between modern conveniences and a serene natural environment. Residents enjoy access to fresh seafood, beautiful coastal views, and a slower-paced life compared to Cambodia’s larger cities. With increasing development, Koh Kong is set to become a major hub for tourism, trade, and investment.

Top 7 Reasons to Invest in Koh Kong

1. Strategic Border Location with Thailand

Koh Kong’s proximity to Thailand provides significant economic advantages. The province shares a border with Trat Province, and the Ban Hat Lek Border Checkpoint allows seamless travel and trade between the two countries. Bangkok is only six hours away by road, making Koh Kong an attractive location for businesses looking to tap into both Cambodian and Thai markets. Many residents speak Thai, easing communication and fostering cross-border collaboration.

2. Booming Eco-Tourism Industry

With over 300,000 visitors per year, Koh Kong is becoming a hotspot for eco-tourism. Attractions like the Cardamom Mountains, Tatai Waterfall, and Koh Kong Island offer unique experiences that draw adventure travelers, nature lovers, and luxury resort seekers. Investors in hospitality, adventure tourism, and sustainable travel can capitalize on the province’s unspoiled beauty.

3. Growing Infrastructure Development

Koh Kong’s infrastructure is undergoing rapid development. The province boasts a deep-sea port spanning 360 square kilometers, which will facilitate international trade. Additionally, two international airports—one under renovation and another being developed under the Dar Sakor Project—are set to improve connectivity. Improved roads and bridges further enhance access to the province, making it a desirable location for businesses.

4. Special Economic Zones (SEZs) and Industrial Growth

The presence of SEZs in Koh Kong provides a structured environment for businesses to thrive. The Zhejiang Koh Kong SEZ focuses on automobile parts, clothing, electronics, and sports equipment manufacturing. Other SEZs like Souy Chheng SEZ and Kiri Sakor Koh Kong SEZ offer additional incentives for industrial development. Investors can benefit from tax exemptions, low labor costs, and Cambodia’s pro-business investment policies.

5. Renewable Energy and Power Stability

Koh Kong is home to two major hydroelectric power plants: the Stung Tatai Power Plant and the Stung Russei Hydroelectric Power Plant. These facilities provide a stable and affordable electricity supply, reducing operational costs for businesses. The availability of renewable energy sources also aligns with global sustainability trends, making Koh Kong an ideal location for green investments.

6. Government Investment Incentives

The Cambodian government has introduced a series of investment-friendly policies, including:

• 100% foreign ownership of businesses
• Tax holidays and duty exemptions on production equipment
• Simplified business registration processes
• Strengthened trade agreements with regional and international partners

These incentives make Koh Kong a lucrative destination for both local and foreign investors looking for long-term growth opportunities.

7. Diverse Investment Opportunities Beyond Tourism

While tourism is a significant driver of Koh Kong’s economy, other sectors present promising opportunities, including:

• Agriculture: The province’s fertile land supports cash crops, fisheries, and sustainable farming ventures.
• Real Estate: As development increases, demand for residential, commercial, and resort properties is rising.
• Manufacturing: SEZs and power stability make Koh Kong an ideal location for factories and industrial setups.
• Technology and Services: The growing population and tourism industry create a demand for IT services, retail, and logistics businesses.

Conclusion

Koh Kong’s transformation into a major investment hub is driven by its strategic location, thriving tourism sector, infrastructure advancements, and investor-friendly policies. With the Cambodian government’s push for economic growth and sustainability, the province offers a wealth of opportunities across various industries.

Whether you’re an entrepreneur, investor, or business leader, Koh Kong presents a compelling case for investment. Do you think Koh Kong has the potential to become Cambodia’s next big business hub? Share your thoughts in the comments and don’t forget to share this article with others interested in investing in Cambodia!

Cambodia’s investment landscape is rapidly evolving, and Kampong Speu Province is now emerging as one of the country’s strongest economic growth centers. In the first quarter of 2026, the province recorded the highest number of approved investment projects nationwide, reflecting growing confidence from both local and international investors. Its strategic location near Phnom Penh, expanding transport infrastructure, and rising industrial activity are helping transform the province into a major manufacturing and logistics gateway for Cambodia’s future economy.

Kampong Speu Leads Cambodia in New Investment Projects

According to data released by the Council for the Development of Cambodia, Cambodia approved 146 investment projects worth approximately $2.5 billion during the first quarter of 2026. These projects are expected to generate around 82,000 jobs across the country. Among all provinces, Kampong Speu attracted the highest number of approved projects with 44 investments, far ahead of Kandal Province, which ranked second with 22 projects.

Chinese investors accounted for the largest share of Cambodia’s investment inflows during the period, contributing 46.77 percent of total investment. Cambodian investors followed with 38.06 percent, while Malaysia and Singapore contributed 8.14 percent and 4.65 percent respectively. The projects cover a wide range of industries including special economic zones, automobile assembly plants, motorcycle factories, wind power stations, agro processing facilities, and tyre manufacturing.

“These projects will help promote the improved investment environment in Cambodia, where the Royal Government has been implementing measures by responding to the global crisis, especially by enhancing the country’s competitiveness,” the statement noted.

Strategic Geography Gives Kampong Speu a Major Advantage

Kampong Speu’s location has become one of its biggest strengths in attracting investors. The province lies directly west of Phnom Penh and serves as a key connection point between the capital and Cambodia’s southern coastal provinces. It borders Kandal, Takeo, Kampot, Koh Kong, Pursat, and Kampong Chhnang provinces, giving businesses easy access to both domestic and regional trade routes.

Covering an area of approximately 7,017 square kilometers, Kampong Speu is one of Cambodia’s larger provinces. Its population in 2026 is estimated at more than 950,000 residents based on provincial demographic updates and Cambodia population estimates. The province connects directly to Phnom Penh through National Road 4, one of Cambodia’s most important highways linking the capital to Sihanoukville and its deep sea port.

Kampong Speu is also positioned close to the new Techo International Airport, which is expected to become Cambodia’s main international aviation gateway. In addition, the future Funan Techo Canal project is expected to strengthen regional logistics and trade connectivity, further increasing the province’s attractiveness for manufacturing and export oriented industries.

Industrial Zones and Factories Drive Economic Expansion

The province has increasingly become a preferred destination for factories, industrial parks, and special economic zones. Improved infrastructure, affordable land, and strong government support have encouraged companies to expand operations beyond Phnom Penh into nearby provinces like Kampong Speu.

Many newly approved projects are concentrated in manufacturing, agro processing, and light industrial sectors. Cambodia’s broader economic strategy aims to diversify beyond garments and footwear by attracting investments in electronics, automotive components, food processing, and renewable energy. Kampong Speu is benefiting directly from this transition as investors seek larger production spaces with better logistics access.

The groundbreaking ceremony of a new cassava processing plant developed by Guanshen Shengda Agriculture Industry Co., Ltd. highlighted the province’s growing role in agro industrial development. The project carries an investment value of approximately $20 million and demonstrates increasing confidence in Cambodia’s agricultural processing sector.

Strong Transport Links Support Long Term Growth

Transport connectivity remains one of Kampong Speu’s strongest competitive advantages. National Road 4 allows efficient movement of goods between Phnom Penh and Sihanoukville Port, while nearby ring roads and expressway developments continue to improve logistics efficiency for factories and exporters.

Its close distance to Phnom Penh also gives businesses easier access to financial institutions, skilled workers, suppliers, and government agencies. Investors view Kampong Speu as an ideal balance between lower operating costs and convenient access to the capital’s economic ecosystem.

At the same time, Kandal province continues to attract significant investments in logistics, warehousing, and real estate due to its close integration with Phnom Penh. Other provinces with strong investment activity in early 2026 included Takeo Province, Phnom Penh, Svay Rieng Province, and Preah Sihanouk Province.

Cambodia Continues to Attract Regional Investors

Cambodia’s growing appeal as an investment destination is supported by political stability, competitive labor costs, and access to major trade agreements such as the Regional Comprehensive Economic Partnership and the ASEAN Free Trade Area. Government reforms aimed at simplifying business registration and improving the regulatory environment have also strengthened investor confidence.

Despite the positive momentum, experts continue to point out challenges including infrastructure gaps, rising energy costs, and the need for a more skilled workforce. Policymakers are also focused on ensuring investment growth spreads more evenly across Cambodia rather than remaining concentrated near Phnom Penh.

Conclusion

Kampong Speu’s rise as Cambodia’s leading investment destination reflects a broader transformation taking place across the country’s economy. With its strategic geography, expanding industrial zones, strong transportation links, and proximity to major infrastructure projects such as Techo International Airport and the Funan Techo Canal, the province is becoming a critical engine of Cambodia’s industrial future.

As investment activity continues to grow throughout 2026, Kampong Speu is positioning itself not only as a manufacturing hub but also as a key gateway connecting Cambodia’s industries to regional and global markets.