The Gov’t Seizes 40,000 Hectares of Forest Land in 1500 mountain to Reserve for Scenic Beauty for Eco-Tourism
The Veal Veng district administration in Pursat province has confiscated approximately 40,000 hectares of forest land in the area of the 1500 mountains, previously cleared by individuals intending to use it for private eco-tourism projects. This announcement was made by Mr. Mom Bophan, Deputy Governor of Veal Veng District, during the receipt of 20,000 seedlings […]
CAIC Secures 12-Year Deal with French Firm for Duty-Free Retail at Techo International Airport
CAIC has signed a 12-year contract with French company Lagardère Travel Retail SAS and local partner HSC Group to operate duty-free goods, essential travel equipment, and catering services at Techo International Airport. The National Television of Cambodia reported this significant development on 26 June 2024. Séverine Lanthier, Executive Director for Asia and Strategy and Development […]
BYD to Establish Electric Car Factory in Cambodia, Signaling Major Economic Expansion
China’s leading electric car manufacturer, BYD, is set to invest in a new car plant in Cambodia, as confirmed by Prime Minister Hun Manet during a gathering with SMEs and artisans on 27 June 2024. PM Hun Manet also mentioned that two additional companies have applied to establish factories in Cambodia, further bolstering the nation’s […]
Progress Report: Tonle Bassac Bridge Nears 12% Completion
The bridge construction project over the Bassac River, connecting Chak Angre Krom and Prek Pra, stands at 11.63% completion, with 36 out of 156 pillars already concreted, six out of 20 template exhibits installed, and several other crucial tasks underway, according to Mr. Phorn Rim, spokesman for the Ministry of Public Works and Transport reported […]
In four years, 36k Businesses Registered on Cambodia’s OBRP with Real Estate and Construction Leading the Way
Since the launch of Cambodia’s Online Business Registration Platform (OBRP) four years ago, 36,509 companies have registered, with the real estate sector leading the way. As of 15 June 2024, the businesses registered under this system boast a total investment capital of $11.13 billion, with the construction and real estate sectors contributing $1.18 billion and […]
Kampot Unveils Giant Clock Project to Boost Tourism
Kampot Provincial Authority is set to construct a monumental clock standing 35 meters tall, with a face nearly 10 meters in diameter, aiming to enhance the region’s tourism appeal. The announcement was made by HE Mao Thunin, Governor of Kampot Province, during the first regular meeting of the Kampot Provincial Council of the fourth mandate […]