Hong Kong and Macau set their sights on establishing an electric motorcycle assembly plant in Cambodia
In an exciting development for Cambodia’s green future, a delegation of investors from Hong Kong and Macau, China, has set its sights on establishing an electric motorcycle assembly plant in the country. This ambitious plan was unveiled during a pivotal meeting on December 13, 2024, between HE Chea Vuthy, Secretary General of the Cambodian Investment […]
Major Advancements in Cambodia’s Rural Infrastructure for 2024
In a significant stride towards enhancing rural infrastructure, the Cambodian government has announced the completion of 271 rural road projects in 2024, significantly improving transportation accessibility in remote areas. The Ministry of Rural Development revealed these achievements during a recent meeting, summarizing the work results from 2024 and outlining future directions for 2025. Minister of […]
Groundbreaking for Cambodia’s Newest Satellite City: Mekong Key City Takes Shape in Areyaksat
In a significant step towards urban development and economic revitalization, the Cambodian government officially broke ground on the ambitious Mekong Key City project on December 17, 2024. The ceremony, attended by Prime Minister Hun Manet, marks the beginning of a modern satellite city that promises to transform the landscape along the eastern bank of the […]
Rising Debt Concerns in Cambodia’s Real Estate Sector
In a recent roundtable discussion titled “The Debt Situation in Cambodia,” held by the Real Estate and Mortgage Regulatory Authority, significant financial concerns were raised regarding the escalating housing debt in the country. Mr Chou Vannak, the authority’s Director General, revealed that home buyers currently owe around USD 800-USD 900 million in instalment payments through […]
The Mekong River Bridge project in Kratie province is 77% complete
Exciting developments are unfolding as the Mekong River Bridge project in Kratie Province reaches a significant milestone, achieving 77.02% completion. Spanning nearly 2 kilometres, this ambitious infrastructure project is set to enhance connectivity and bolster economic growth in the region. As reported on the official Facebook page of the Ministry of Public Works and Transport, […]
Cambodia’s Public Debt Reaches USD11.78 Billion by Q3 2024
As of the end of the third quarter in 2024, Cambodia’s total public debt has reached USD11.78 billion, according to a recent Ministry of Economy and Finance report. This figure represents a significant aspect of the country’s economic landscape and highlights the government’s ongoing financial management strategies. The report indicates that a staggering 99 per […]