VN’s VinFast Market Expansion: $400 Million Investment in EV Factories in India and Indonesia
Vietnamese electric vehicle (EV) manufacturer VinFast is gearing up for a substantial expansion, with plans to establish manufacturing facilities in India and Indonesia. These ambitious moves are backed by a projected $1.2 billion capital infusion from its founder and other investors. VinFast, a Nasdaq-listed company, envisions entering 50 markets worldwide by the close of 2024, […]
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Japan’s Generous Contribution Enhances Land Surveying and Registration in Cambodia
A significant leap forward in Cambodia’s land surveying and registration efforts is now underway, thanks to Japan’s substantial contribution of approximately US$9.7 million. The support comes as part of the project for the “Establishment of a Nationwide Continuously Operating Reference Station Network,” which aims to strengthen administrative services related to land registration. The exchange of […]
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Cambodia and China Forge Strategic Alliances in 10 Key Sectors to Accelerate Development
In a groundbreaking move, the Cambodian Government and the People’s Republic of China have inked ten Memoranda of Understanding (MoUs) to propel progress in critical sectors encompassing energy, rural development, and temple restoration. These momentous agreements were formalized during the attendance of Prime Minister Samdech Hun Manet at the illustrious “Third Belt and Road Forum” […]
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Majestic Roundabout and King Kan Statue Near Completion in Tbong Khmum at 90% Progress Mark
An architectural marvel is nearing completion in Tbong Khmum, as the roundabout and the awe-inspiring 13.35-meter-high copper statue of King Kan near the 90% milestone. This significant achievement was confirmed by the Tbong Khmum Provincial Administration on the 23rd of October, 2023. Situated at the juncture of National Road No. 7, precisely at km 157+210, […]
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US$380k Cutting-Edge Storage Facility Officially Unveiled at Phnom Penh Autonomous Port
An impressive addition to Cambodia’s logistical infrastructure is now officially in operation as the Phnom Penh Autonomous Port (PPAP) unveiled its brand-new temporary customs warehouse. Valued at US$380,000, this state-of-the-art facility boasts a substantial storage capacity, capable of accommodating approximately 8,640 tons of cargo. The inauguration of this cutting-edge warehouse was a momentous occasion, opened […]
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Giant Chinese Tyre Producer Conducting Feasibility Study to Set Up a Car Tyre Factory in Cambodia
Cambodia is gearing up for a promising partnership as one of China’s tire manufacturing giants, Wanli Tires, explores the prospect of establishing a tire factory within the kingdom. The stage was set for this transformative opportunity during a high-profile meeting between Cambodia’s Deputy Prime Minister and First Vice President of the Council for the Development […]
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BYD to Construct Two Electric Vehicle Service Centres to Revolutionise Cambodia’s Automotive Landscape
BYD, a renowned automotive company is making substantial strides in Cambodia, with the construction of two service centers underway, firmly establishing the brand’s foothold in the nation. This promising endeavor was discussed during a significant meeting between Cambodia’s Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, HE Sun […]
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Price Wars Drive Mitsubishi Motors Out of China to Move to Southeast Asia
In a strategic move, Mitsubishi Motors has taken the decision to cease automobile production in China. This significant shift in strategy comes as Mitsubishi grapples with sluggish sales in China, primarily attributed to the increasing popularity of electric vehicles (EVs) and the emergence of local automotive brands. As the curtains close on their Chinese operations, […]
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Landmark Achievement: Techo Santepheap National Hospital, Cambodia’s Largest Medical Facility, Officially Unveiled
A momentous milestone in Cambodia’s healthcare landscape was reached as Techo Santepheap National Hospital, the nation’s largest medical institution, was formally inaugurated after a dedicated 12-month construction period. The official inauguration ceremony, presided over by Prime Minister Hun Manet on 24 October 2023, marked the beginning of a new era in healthcare accessibility for the […]
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Cambodia Greenlights Over US$4bn in New Projects, Shows Remarkable 186% Surge in Eight Months
Cambodia is experiencing a remarkable surge in construction activities, as the Ministry of Land Management, Urban Planning, and Construction recently unveiled an astounding approval of more than US$4 billion for over 2,367 new construction projects. This phenomenal achievement represents an impressive 186% increase compared to the corresponding period in 2022, underlining the nation’s resolute commitment […]
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Transforming Koh Tonsay: Tourism Port Reaches the Halfway Mark on the Road to Progress
The enchanting allure of Koh Tonsay Island, nestled more than 4 kilometers off the shores of Kep province, is on the brink of transformation. The construction of the much-anticipated tourist port on this pristine island has reached a significant milestone, with completion now standing at an impressive 50%, marking remarkable progress since the project commenced […]
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RCCU, German Technology Transforms River Cleanup in Phnom Penh: 800 Tons of Waste Collected Within a Year
River Clean Clean Up (RCCU) initiative in Phnom Penh has employed cutting-edge German technology to extract a remarkable 800 tons of garbage from the Mekong, Bassac, and Tonle Sap rivers. This monumental achievement is complemented by the deployment of specialized boats equipped with advanced data collection capabilities, featuring drones and smart cameras empowered by Artificial […]
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