Five companies from China’s Anhui province are currently exploring investment opportunities in Preah Sihanouk province to further expand their market presence in the region. In 2024, nearly 50% of Cambodia’s total foreign direct investment came from Chinese investors.
Their interest was expressed by Tang Choayang, president of Guangwang Integrated Housing Co., Ltd, a Chinese company which specialises in housing construction, mobile homes and leisure housing, during a June 14 meeting with Mang Sineth, governor of Preah Sihanouk province at the provincial hall.
The Chinese business delegation’s visit to Cambodia followed their participation in the Preah Sihanouk Investment Promotion Forum, held in Anhui, on June 7, 2025.
Tang shared that after attending the investment forum, many investors became interested in seeking direct investment opportunities in Cambodia, particularly in Preah Sihanouk.
“Due to the potential we see in Preah Sihanouk, our companies decided to visit the province in person to gain a clearer understanding before making any investment decisions,” he said.
According to the provincial administration, this positive outcome is a direct result of the province’s promotional efforts in China. Just one week after the forum, multiple Chinese investors showed interest in visiting and studying the local investment environment.
The administration also noted that during the June 7 forum, Sineth also held a separate meeting with his counterpart in Jiangsu province. During this discussion, the Jiangsu governor encouraged the local Department of Commerce to lead a delegation of 50 companies to Preah Sihanouk to explore investment opportunities in the near future.
According to the Council for the Development of Cambodia (CDC), in 2024 there were a total of 414 approved investment projects with a combined capital of $6.9 billion. They are expected to create nearly 320,000 jobs. Among these investments, China led with 49.82% of total investment, followed by Cambodia (33.81%), Vietnam (8.11%) and Singapore (3.83%).
Other sources included the Cayman Islands, Malaysia, Japan, the US, Thailand, Samoa, India, South Korea and Canada.
Im Senghuor, head of Century 21 Zillion Holding in Preah Sihanouk, told The Post that the real estate market in the province saw only slight improvements in the first half of 2025 compared to the same period last year. Property prices in the city range from $3,500 to $4,500 per square metre, while prices in suburban areas range from $350 to $1,500. These figures show little change compared to the same time in 2024.
He added that real estate transactions have increased by 15–20%, mostly involving properties priced under $500,000.
“The government’s recent policy direction — especially the ‘Master Plan to Develop Preah Sihanouk into a Model Multi-Purpose Special Economic Zone’ — will help transform the province into a key economic hub in Cambodia,” he added.
According to the General Department of Customs and Excise (GDCE), total trade volume between Cambodia and China in 2024 was $15.19 billion, an increase of 23.8% compared to 2023. Cambodia imported $13.44 billion worth of goods from China (up 24.6%), and exported $1.75 billion worth.
In the first five months of 2025 alone, trade between the two countries totalled $7.64 billion, up 27.5% compared to the same period in 2024. Cambodian exports to China were $634.02 million, a 3.6% decrease, while Chinese exports to Cambodia totalled $7 billion, a 31.4% increase.
