Cambodia Builds Cross-Ministerial Data Platform to Boost Investment

The Council for the Development of Cambodia (CDC) plans to create a cross-ministerial data sharing platform to better serve domestic and foreign investors. After a meeting with relevant department heads, the CDC has determined the goal of integrating the data management system, hoping to use digital technology to improve the efficiency of investment project approval and management. In the first 7 months of this year, the CDC has approved 234 investment projects with a total contracted investment amount exceeding $3.6 billion, nearly doubling the figure from the same period last year. This indicates that the Cambodian government is actively improving the investment environment, attracting more domestic and foreign investment to drive economic growth.