Hong Kong and Macau Plan Electric Motorcycle Assembly Plant in Cambodia, Boosting Green Transport Future
Investors from Hong Kong and Macau, China, have announced plans to establish an electric motorcycle assembly plant in Cambodia, a move poised to accelerate the country’s transition to eco-friendly transportation. The ambitious project was unveiled during a meeting on 13 December 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr […]
Cambodia Faces Mounting Debt Challenges in the Real Estate Sector
The real estate sector in Cambodia is grappling with mounting financial concerns, as total housing debt nears USD 1 billion, according to insights shared during the recent roundtable discussion, The Debt Situation in Cambodia, organised by the Real Estate and Mortgage Regulatory Authority. Mr Chou Vannak, Director General of the authority, revealed that homebuyers owe […]
In Nine Months Cambodia Secures Over USD 1 Billion in Credit Agreements to Drive National Development
Cambodia’s government has signed new credit agreements totalling USD 1.07 billion in the first nine months of 2024, representing a 7% increase compared to the same period last year. These funds are aimed at supporting key development priorities, including infrastructure and economic productivity. This progress was detailed in a Ministry of Economy and Finance report […]
Over 20 Years South Korea Provides Over USD 2 Billion in Loan Boosting Cambodia’s Infrastructure Development
South Korea has provided over USD 2 billion in loans to Cambodia over the past two decades, significantly advancing keysectors such as transportation, healthcare, irrigation, and water supply. The funding, channelled through the Economic Development Cooperation Fund (EDCF), has played a pivotal role in Cambodia’s economic growth and infrastructure modernisation. This milestone underscores South Korea’s […]
Sixteenth U.S. Investment Firms Explore Cambodia’s Technology, Agro-Industry, and Education Sectors
In a major boost to Cambodia’s economic landscape, 16 leading U.S. investment companies are visiting Cambodia from 9 to 13 December 2024 to explore investment opportunities in technology, agro-industry, and education—sectors poised for significant growth. The delegation’s visit, marked by high-level meetings with government officials and business leaders, highlights Cambodia’s rising profile as an attractive […]
ADB Approves USD 173 Million to Strengthen Climate-Resilient Irrigation in Cambodia
The Asian Development Bank (ADB) has approved a USD 173 million funding package to boost climate-resilient irrigation systems across Cambodia, with the aim of modernising infrastructure and enhancing sustainable water resource management. This significant announcement was made in a press release on 9 December 2024, underscoring Cambodia’s ongoing commitment to tackling climate change challenges. The […]