Cambodian Government Announces Reconstruction of Boeung Chhouk Market in Battambang
In a significant move to support local traders, the Cambodian government has announced plans to reconstruct the Boeung Chhouk market following a devastating fire on November 3, 2024, destroying nearly 150 stalls. The rebuilding initiative will give traders a unique opportunity for a lifetime of free occupation in the new market space. Prime Minister Samdech […]
PM Announces a Halt Issuance of Brewery Licenses for Domestic Distribution in Cambodia
In a significant policy shift, Prime Minister Hun Manet has banned issuing new licenses for breweries intended for domestic distribution in Cambodia. This announcement was made during the closing ceremony of a meeting summarizing the Ministry of Mines and Energy’s work results for 2024. PM Hun Manet clarified that while licenses for breweries focusing on […]
Kampong Thom to Establish Cashew Industrial Park: PM Enthusiastic about Local Economic Development
In a significant move aimed at boosting local employment and transforming the regional economy, Prime Minister Samdech Bovathibodi Hun Manet has approved the establishment of a cashew industrial park in Kampong Thom province. This decision came swiftly, with the request being approved just one day after it was submitted. Speaking at the closing ceremony for […]
In 24 years, the government issued nearly 70,000 construction permits worth USD78.96 billion
In the past 24 years, Cambodia has made significant strides in its construction sector, issuing nearly 70,000 construction permits for projects valued at approximately USD 78.96 billion, according to a report from the Ministry of Land Management, Urban Planning, and Construction presented at a conference on November 26, 2024. The report indicates that the Royal […]
Cambodia Unveils Modern National Assembly Building with USD25 Million Vietnamese Aid
Cambodia has inaugurated a modern National Assembly administration building, constructed with a USD25 million aid package from Vietnam. The ceremony, held on 21 November 2024, was attended by Samdech Khuon Sodary, President of Cambodia’s National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly of Vietnam, symbolising the enduring friendship between the […]
Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia
Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]