Siem Reap’s Soaring Aspirations: Cambodian PM Urges Chinese Investment for Multi-Purpose Development
In a visionary move to elevate Siem Reap province into a thriving multi-purpose development hub, Prime Minister Samdech Hun Manet extended a warm invitation to Chinese companies, encouraging them to expand their investments beyond the construction of the Siem Reap Angkor International Airport. The Prime Minister expressed this sentiment during a courtesy meeting with HE […]
Read More
Gov’t Allocates US$60 Million for New Siem Reap Airport Access Road Expansion
In a strategic move to enhance connectivity and accommodate the growing demands of Siem Reap’s evolving infrastructure, Prime Minister Samdech Hun Manet announced a substantial investment of US$60 million in a road improvement project. The endeavor focuses on expanding the route from the newly inaugurated Siem Reap Angkor International Airport to Siem Reap City, covering […]
Read More
Boosting Trade: Gov’t Announces Customs Duties Exemption for Goods Under US$1,000
Prime Minister Hun Manet declared the waiver of customs duties on both imports and exports valued at less than US$1,000. This pivotal announcement was unveiled during the 19th “Government-Private Sector” forum on 13 November 2023. The PM’s visionary decision not only streamlines trade processes but also signifies a significant reduction in the customs clearance fee. […]
Read More
Phnom Penh’s Green Initiative: Gov’t Grants Free Licenses for Sewage Pumping Businesses
The Phnom Penh Municipal Authority has unveiled a proactive measure to regulate sewage pumping businesses in the city. According to an official instruction dated 10 November 2023, the authority mandates all operators involved in pumping, collecting, transporting, and discharging toilet sludge from manure storage tanks in Phnom Penh to acquire licenses for their operations at […]
Read More
France Commits Technicians for Royal Palace Renovation in Cambodia
In a landmark meeting between His Majesty King Norodom Sihamoni of the Kingdom of Cambodia and His Excellency Emmanuel Macron, President of the French Republic, a promising collaboration has emerged to rejuvenate Cambodia’s cultural heritage. A press release detailing the royal hearing unveiled France’s commitment to send technicians for the study and renovation of Pavillon […]
Read More
Japan’s Generosity Paves the Way for Progress: Over US$420k Granted for Vital Projects in 3 Cambodian Provinces
In a gesture of strong bilateral ties, the Embassy of Japan in Cambodia has allocated a generous sum of US$424,907 to kickstart pivotal projects across three provinces. The signing ceremony for the Small-Scale Human Security Project (Kusanoni Grant) on 14 November 2023, marked the commencement of these transformative initiatives. The Acting Chargé d’Affaires of the […]
Read More
New Heights for Siem Reap: Inauguration of Siem Reap Angkor International Airport Marks Milestone
Siem Reap Angkor International Airport reached new heights of significance as it was officially inaugurated on 16 November 2023 by Prime Minister Samdech Hun Manet. This monumental occasion reflects Cambodia’s commitment to long-term vision, balancing development and conservation to safeguard the cherished Khmer ancestral property. PM Hun Manet emphasized the strategic decision to relocate the […]
Read More
Koh Norea Satellite City: A Vision Unfolding – Phase I Completion Set for 2025
The Overseas Cambodian Investment Company (OCIC) is orchestrating the ambitious 125-hectare Norea Island Development Project, a transformative initiative valued at over US$2.5 billion. Neak Oknha Pung Kheav Se, CEO of OCIC, recently unveiled the project’s momentum, announcing the planned completion of Phase I, a monumental US$550 million investment, by the year 2025. Neak Oknha, speaking […]
Read More
Phnom Penh’s Skyline Set to Soar: Prek Pra Bridge Project Gears Up for 2023 Commencement
The highly anticipated Prek Pra bridge project is poised to break ground in 2023 as negotiations reach the final stages. This news was revealed by Samdech Hun Manet, PM of Cambodia during the inauguration ceremony of “Twin Dragon Bridge, Koh Nora, and the concrete cable bridge connecting Koh Nora Development Zone to Koh Pich Development […]
Read More
Two Bridges Transform Koh Norea Satellite City Into Cambodia’s Connectivity Hub
Presided over by Samdech Hun Manet, Prime Minister of the Kingdom of Cambodia, the Twin Dragon Bridge connecting NR No. 1 to Koh Norea Satellite City and the cable concrete bridge linking Koh Pich to Koh Norea Satellite City was officially inaugurated on 15 November 2023. The first marvel, the bridge from Koh Pich to […]
Read More
MOT Unveils Strategic Blueprint for Coastal Tourism Renaissance in Sihanoukville
In a strategic move to fortify Sihanoukville’s standing as a coastal tourism gem, the Ministry of Tourism (MOT) recently hosted a consultative workshop on the “Plan to Promote Investment and development of Coastal Tourism” on 8 November 2023, in Sihanoukville. HE Un Wallerro, Secretary of State of the Ministry of Tourism, emphasized the province’s untapped […]
Read More
Gov’t Unveils Stimulus: Stamp Duty Tax Exemption on Real Estate Under US$70,000 until 2024 Year-End
Prime Minister Samdech Hun Manet announced during the 19th “Government-Private Sector” forum on 13 November 2023, that the government is extending the stamp duty tax exemption for real estate valued under US$70,000 until the close of 2024 to foster homeownership and stimulate the real estate market. PM Hun Manet stated, “We will continue the stamp […]
Read More