In an exciting development for Cambodia’s economy, the Council for the Development of Cambodia has approved 12 new investment projects along with an additional production initiative, totalling an impressive capital investment of over USD 104 million. This landmark meeting took place on March 25, 2025, under the leadership of His Excellency Chea Vuthy, Secretary-General of […]
This year, Cambodia is expected to receive approximately USD 350 million from the South Korean government to support crucial development sectors. This announcement came during the 2025 Korea-Cambodia Bilateral Meeting on Development Cooperation, hosted at the Council for the Development of Cambodia (CDC). The meeting was co-chaired by H.E. PARK Jung-Wook, the Ambassador of the […]
In a significant move, Panasonic Cambodia has announced its intention to establish a manufacturing facility in Cambodia, as part of its ongoing expansion in Southeast Asia. Currently, the renowned Japanese electronics manufacturer operates 19 factories across Thailand and Vietnam, with 15 located in Thailand and 4 in Vietnam. This announcement was made during a productive […]
The Phnom Penh Autonomous Water Supply Authority (PAPWSA) has made a significant advance in urban water management by digitally connecting raw water mains without interrupting the clean water supply in Koh Nora. This milestone was celebrated in a ceremony led by His Excellency Hem Vandy, Minister of Industry, Science, Technology, and Innovation, and His Excellency […]
In a fervent address at the opening ceremony of the 9th River Festival, Cambodian Prime Minister Hun Sen emphasized the importance of protecting the nation’s ecotourism areas from high-rise developments and intrusive residential projects. The Prime Minister urged local authorities to meticulously scrutinize any proposed developments from the private sector that could compromise the integrity […]
The ambitious project to expand and improve National Road 7, transforming it from a two-lane to a four-lane highway, is currently 43% complete and is expected to finish ahead of schedule. The 45.5-kilometre stretch of road runs from Vang Vong Moul Skun in Cheung Prey District to the base of the Kizuna Bridge in Kampong […]
The USD 114 billion India-Myanmar-Thailand Trilateral Highway, a crucial 1,360-kilometre infrastructure project designed to enhance ASEAN economic integration and strengthen India’s trade presence in Southeast Asia, faces major setbacks due to ongoing instability in Myanmar. Designed as a four-lane highway, the Trilateral Highway is part of India’s broader infrastructure vision, which aims to extend road […]
Shanghai Hantang Shipping Co., Ltd. (SHS), a prominent player in the Chinese shipbuilding industry, is set to explore new horizons by exporting ships from Shanghai to the Cambodian market. This strategic move was discussed during a high-level meeting at the company’s headquarters, led by His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman […]
The American Chamber of Commerce in Cambodia has pledged to attract US investments to the country’s growing digital sector. This commitment was announced by chamber president Casey Barnett during a meeting with H.E. Minister Chea Vandet on March 20, 2025. Barnett praised the ministry’s reform efforts and emphasized collaboration between US investors and Cambodian businesses. […]
In a significant diplomatic move, the Japanese government has granted a total of 1.466 billion yen, approximately USD 11 million, to the Cambodian Mine Action Center (CMAC) to bolster two critical projects to enhance mine action capabilities in Cambodia. The announcement was made during a signing ceremony that took place on March 20, 2025, where […]
In a major step towards boosting local agricultural production, the Ministry of Commerce has collaborated with six leading feed manufacturers to sign a Memorandum of Understanding (MoU) aimed at promoting key agricultural products such as red corn, cassava and other raw materials in Cambodia. This was announced at a MOU signing ceremony presided over by […]
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]