2023 Cambodia-Korea trade volume reaches $ 751M, while 6 MOUs recently signed by both parties
In 2023, the bilateral trade volume between Cambodia and Korea reached around 751 million US dollars. Recently, the two sides decided to sign a memorandum of understanding on six important documents to strengthen their trade partnership. The Memorandum of Understanding (MoU) signing ceremony was held in Seoul on May 16, 2024, and was presided over […]
Cambodia, Korea signed an MOU to do a feasibility study on the establishment of the SEZ in Cambodia
Cambodia and Korea have signed a Memorandum of Understanding (MoU) to study the possibility of establishing a Cambodia-Korea Special Economic Zone in a specific sector aimed at attracting more Korean investors to Cambodia. The Memorandum of Understanding on Investment Cooperation was signed by the Council for the Development of Cambodia and the Ministry of Commerce, […]
CDC encourages Chinese firms to invest in domestic raw material production, aiming to boost self-sufficiency in Cambodia
In a bid to reduce reliance on imports, Cambodia’s Council for the Development of Cambodia (CDC) is actively courting Chinese investment in domestic raw material production, according to a meeting held on 15 May 2024. Secretary General of the Board of Investment of Cambodia, HE Chea Vuthy, met with a delegation from China’s Zhejiang Construction […]
Cambodia Partners with Global Institutions to Pioneer Energy-Efficient Building Designs
In a bid to reduce GHG and combat global warming, Cambodia is collaborating with international experts to develop building strategies that minimize the use of air conditioning systems. This initiative, reported by Radio National of Cambodia on 14 May 2024, involves key ministries and institutions in Cambodia working closely with international organizations. The Ministry of […]
Korean Firm to Transform Waste into 24 Megawatts of Electricity Daily in Cambodia
Korean company HYUCKJIN ENERGY PLANT ENGINEERING plans to deploy its cutting-edge technology to convert waste into electricity in Cambodia, aiming to generate at least 24 megawatts of power daily from 100 tons of waste. This initiative was discussed during a meeting between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council […]
China Commits Up to US$100 Million for Advanced Water Purification in Cambodia
Hainan Litree Purifying Technology Co., Ltd. from China has announced plans to invest between US$50-100 million in Cambodia’s water sector over the next three to five years, focusing on water purification products using UF membrane technology. This announcement was made during a meeting between Dr. Cai Yunlong, CEO of Hainan Litree Purifying Technology Co., Ltd., […]