China wants to assist US$10m to Cambodia to build a counterfeit product laboratory
The Suzhou Institute of Construction Science in China has expressed its intention to help establish a counterfeit product laboratory in Cambodia with an investment of over US$10 million. The company is currently in discussions with Cambodian authorities to expedite the process. This was communicated during a working meeting between Mr Jack Yang, Director General of […]
Chinese Company YIG Eyes SEZ Opportunity Near Siem Reap Angkor International Airport
In a move that could significantly bolster Siem Reap’s economic landscape, YIG, a major Chinese investment firm, has expressed interest in developing a special economic zone (SEZ) near the newly constructed Siem Reap Angkor International Airport. This interest was conveyed during a meeting on 17 May 2024 between HE Chea Vuthy, Secretary General of the […]
Cambodia and Korea Strengthen Trade Ties with $751 Million Volume and New Six MoUs
Cambodia and South Korea reaffirmed their strong trade partnership with a bilateral trade volume reaching US$751 million in 2023 and the signing of six Memoranda of Understanding (MoUs) on 16 May 2024. The MoU signing ceremony, presided over by Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol in Seoul, signifies a […]
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 […]