Cambodia Secures Major $19.4 Million Investment for New Car Assembly Plant, Creating 1,142 Jobs

Cambodia Secures Major $19.4 Million Investment for New Car Assembly Plant, Creating 1,142 Jobs

The Council for the Development of Cambodia (CDC) has officially granted an investment project registration certificate for a significant new car assembly plant. This facility will be strategically located in Khnayak Koh village, within Sep Commune, Kampong Tralach District, Kampong Chhnang Province.

This qualified investment project, spearheaded by TH AUTOMOTIVE MANUFACTURING CO., LTD., represents a substantial capital injection of approximately $19.4 million USD. The new automotive plant is projected to generate 1,142 direct employment opportunities, providing a notable boost to local job creation. According to announcements from the investing company, the factory is set to specialize in assembling Chevrolet brand vehicles. Once fully operational, the plant is expected to achieve an impressive annual production capacity, assembling between 10,000 to 12,000 vehicles.

The approval of this new automotive facility reflects a period of robust investment growth across Cambodia. Data from the CDC indicates that from January to September 2025, the council successfully registered a total of 546 investment projects. These projects collectively attracted an approximate capital of $7.8 billion USD. This performance marks a significant increase when compared to the corresponding period in 2024, with the number of projects rising by 231 (a 73% increase) and the total investment capital expanding by about $2.5 billion USD (a 47% increase). Notably, within just these nine months, the CDC’s registration of investment projects has already surpassed the total for the entire year of 2024 by 132 projects.

Leading the sources of investment capital is China, demonstrating its continued strong economic partnership with Cambodia. Other significant contributing nations and regions include Cambodia itself, Singapore, Vietnam, the British Virgin Islands, the Cayman Islands, Samoa, and the United States. Investment projects are also widely distributed geographically across Cambodia’s provinces. During the first nine months, Kampong Speu province recorded the highest number of projects with 125, closely followed by Svay Rieng with 122 projects, Phnom Penh with 65, Takeo with 59, and Preah Sihanouk with 43. Kandal province attracted 41 projects, Kampong Chhnang 16, and Tbong Khmum 6. Kampot registered 4 projects, while Battambang and Kampong Cham each received 3 projects. Furthermore, provinces such as Rattanakiri, Mondulkiri, Kampong Thom, and Pursat each saw 2 projects, and Prey Veng, Stung Treng, Kratie, Banteay Meanchey, and Pailin each secured one investment project within their respective territories.

In September alone, the CDC gave its approval to 55 investment projects, representing a total capital investment of $467 million USD. These newly approved initiatives are anticipated to collectively create approximately 37,000 new jobs across various sectors, further underscoring Cambodia’s attractive investment climate.