Yes, it can. The Cambodia My Second Home program offers a path to Cambodian citizenship by investment. After five years of living in Cambodia with the CM2H visa, you can apply for a Cambodian passport. This allows for Cambodian dual citizenship.
Cambodia also offers direct citizenship by investment without needing to live there for 5 years. You can get a Cambodian passport through a donation of at least $245,000 or an investment of $305,000 in an approved project. The process usually takes 3-6 months.