Chinese Tech Firm Sets Ambitious Plans for Digital Nursery in Cambodia
To enhance global investment opportunities, 86Links Co., Ltd., a leading Chinese tech firm, seeks to collaborate with the Cambodian government to establish a cutting-edge digital technology nursery. This initiative aims to position Cambodia as a prime destination for international investors, fostering economic growth and innovation within the region. During a productive meeting on January 16, […]
Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy
In a landmark event on January 17, 2025, Sweden’s prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna […]
Phnom Penh Autonomous Port Reported Significant Growth in 2024
In a remarkable showcase of economic activity, the Phnom Penh Autonomous Port (PPAP) has reported impressive financial and operational results for the year 2024. According to a press release dated January 14 and 16, 2025, the port generated a total revenue of $41,588,172, marking an increase of 21% compared to 2023. This achievement was fuelled […]
Banteay Meanchey Irrigation Development Project Exceeds 64% Completion
The Irrigation Development Project for Flood Reduction (IDFMP) in Banteay Meanchey province has made significant progress, achieving a completion rate of over 64%. The project is on track for completion by mid-2026, as reported by a working group from the Ministry of Water Resources and Meteorology on January 15, 2025. Progress highlights include: Restoration of […]
Emerging Green Journey: Cambodia’s Electric Vehicle Boom in 2024
In 2024, Cambodia experienced a remarkable increase in electric vehicle registrations, reaching a total of 2,253—a staggering 620% rise compared to 2023. HE Phorn Rim confirmed this, the Ministry of Public Works and Transport spokesman, on January 15, 2025. This substantial growth indicates a positive shift towards green transportation in Cambodia. HE Phorn Rim stated, […]
China Approves the Largest and Highest USD 127 Billion Hydropower Dam in Tibet Amid Global Concerns
China has approved the construction of the world’s largest hydropower dam on the lower Yarlung Tsangpo River in Tibet, with an estimated cost of USD 127 billion. The project, poised to generate three times more energy than the Three Gorges Dam, is expected to redefine renewable energy development globally but has raised significant concerns about […]