Celebrate Love This February with Borey Peng Huoth’s Exclusive Month of Love Promotion!
Valentine’s Day is just around the corner, and at Borey Peng Huoth, love is in the air! This February, we are thrilled to introduce our Month of Love promotion, designed for those looking to invest in their dream home while enjoying fabulous rewards. Promotion Details From now until February 28, 2025, every customer who purchases […]
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Progress Update on the Bassac River Bridge Project: 19% Completion Marked
The ambitious project to construct a bridge across the Bassac River has achieved a significant milestone, with 19% of the work now completed after 11 months of construction. The project, which connects Chak Angre Krom and Prek Pra, remains on schedule, with no delays reported, according to a Ministry of Public Works and Transport statement. […]
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UK Firm Eyes Investment Opportunities in Cambodia
In a significant development for Cambodia’s investment landscape, UK-based Bridgemount Ltd. has announced plans to explore investment opportunities in key sectors within the Kingdom. The company officially met with the Council for the Development of Cambodia (CDC) on February 7, 2025, marking the start of what could be a fruitful partnership. During the meeting, Kalyan […]
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Cambodia Accelerates Irrigation Land Registration for Development
In a significant move to bolster agricultural development, Cambodia is intensifying efforts to register irrigation land and reservoirs across the country. The initiative, led by the Ministry of Water Resources and Meteorology, aims to classify these vital resources as public property to enhance management and ensure sustainable use. During a meeting held on February 6, […]
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RCEP Agreement Set to Transform China-ASEAN Maritime Trade with Unprecedented Blue Economy Integration
The Regional Comprehensive Economic Partnership (RCEP) is poised to revolutionize maritime trade between China and ASEAN, with marine transport currently accounting for 94 percent of China’s foreign trade and over 60 percent of ASEAN’s foreign trade while representing 65 percent of bilateral trade between the two regions in 2023. This landmark development emerges as part […]
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Digital Park Initiative Unveiled to Boost Cambodia’s Digital Literacy and Start-Up Scene
The Ministry of Posts and Telecommunications of Cambodia has announced an ambitious plan to establish a digital park aimed at enhancing digital literacy and fostering the growth of digital start-ups in the country. This initiative, inspired by Thailand’s successful Thailand Digital Valley project, was revealed by H.E. Hak Sokheng, Undersecretary of State of the ministry. […]
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Cambodia Revamps Investment Policies to Attract Global Companies Amid Trade Wars
Cambodia is revising its investment policies to enhance its appeal to multinational corporations and attract businesses looking to relocate from countries affected by ongoing trade tensions. The Council for the Development of Cambodia (CDC) is leading these reforms to offer increased incentives and streamline investment procedures. This initiative is particularly relevant as many companies and […]
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Cambodia Enhances Investment Climate with Adoption of 21 International Standards
Cambodia is taking significant strides to boost its economy and attract foreign investment by adopting 21 new international standards as national standards. This pivotal decision was made during the National Standards Council’s 30th meeting on January 30, 2025, which focused on reviewing and approving key standards across various sectors. The adoption of these standards aligns […]
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Cambodia’s Electricity Capacity Set to Expand Significantly by 2024
By 2024, Cambodia is poised to enhance its electricity generation capacity to an impressive 5,044 megawatts, alongside a substantial extension of transmission lines to 3,890 kilometers. During the closing ceremony of the Electricity Authority’s conference on February 3, 2025, His Excellency Keo Rattanak, Minister of Mines and Energy, confirmed that these targets had been met. […]
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BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone
In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant […]
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China and Japan Unite to Support Mine Clearance Efforts in Cambodia
In a significant move to enhance safety and promote development, China and Japan granted nearly USD 6 million to support ongoing mine clearance operations in Cambodia. This funding will be directed towards the Cambodian Mine Action Center (CMAC) and the Japan Mine Action Service (JMAS), focusing on eight provinces affected by landmines and unexploded ordnance. […]
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Progress Report on National Road 5: Final Section Construction Updates
As of early February 2025, significant progress has been made on the final section of National Road 5, stretching from Seri Sophon to Poipet. With a total length of 35.14 kilometers, this crucial infrastructure project is currently 29% complete and is on track for completion in 2026. The update was shared by His Excellency Phon […]
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