Experts Share Cambodia’s Real Estate Market Recovery Path
Amidst a challenging global economic landscape, the Cambodian real estate market has weathered a prolonged downturn since 2019, leaving industry stakeholders pondering when and how recovery will take place. Key experts have weighed in on the factors influencing this recovery and the direction developers and buyers should steer towards in these uncertain times. Balancing the […]
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CCA Met China Council for Promotion of International Trade (CCPIT) to Discuss Potential Trade Exchange
The Cambodia Constructors Association, under the esteemed leadership of CCA Chairman Neak Oknha Pung Kheav Se, hosted a momentous meeting on September 21, 2023, to extend a warm welcome to the China Council for the Promotion of International Trade (CCPIT) Jinan Sub-Council and a group of Chinese investors, including distinguished representatives from Shandong Tajin Metal […]
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Thailand-China High-Speed Railway Hits Fast Track: Phase 1 Operational by 2027
The dream of a high-speed rail connection between Thailand and China is rapidly becoming a reality. The State Railway of Thailand has unveiled ambitious plans to have the first phase of the Thailand-China high-speed rail line, spanning from Bangkok to Nakhon Rachasima, operational by the year 2027. This monumental project, which will encompass a 253-kilometer […]
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CDC Greenlights Seven New Industrial Giants with US$24.3M Investment, Propelling Job Creation in Svay Rieng & Sihanoukville
The Council for the Development of Cambodia (CDC) has granted approval to seven companies to embark on transformative ventures, collectively investing an impressive US$24.3 million. This strategic move is expected to usher in a wave of economic growth and 3,491 employment opportunities, benefitting the communities of Svay Rieng and Sihanoukville. The CDC announcement, dated 21 […]
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Non-Garment Manufacturing Sector Skyrockets by 172% in First Half of 2023, Amid Surging Foreign Investment
Despite the prevailing global financial uncertainty, Cambodia has experienced a remarkable influx of foreign direct investment (FDI) in the first semester of 2023, with an astounding growth rate of approximately 41.6%. The real standout, however, is the non-garment manufacturing sector, which has seen an explosive expansion, surging by an impressive 172%. These encouraging statistics were […]
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Eve Energy Partners with Energy Absolute to Establish Cutting-Edge Lithium-Ion Battery Plant in Thailand
Chinese battery manufacturer Eve Energy has entered into a Memorandum of Understanding (MOU) with Energy Absolute (EA), Thailand’s premier renewable energy company. Their collaborative goal is to construct and operate a cutting-edge factory dedicated to the production of lithium-ion batteries, specifically for electric vehicles (EVs). This announcement aligns with the global trend of investment in […]
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Cambodia’s Industrial & Agricultural Sectors Receive Special Electricity Discounts to Boost Production
The Ministry of Mines and Electricity of Cambodia, in conjunction with the Electricity Authority of Cambodia, has announced a significant reduction in electricity prices for industrial and agricultural consumers nationwide. This strategic move aims to stimulate the expansion of production, factories, and enterprises, ultimately generating employment opportunities and income for the population. This initiative was […]
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Sihanoukville Ready for US$40 Million Steel Plant Investment
In a significant move that promises to reshape Sihanoukville’s economic trajectory, the Council for the Development of Cambodia (CDC), has granted an investment project registration certificate to “HUALE STEEL (CAMBODIA) CO., LTD.” The company is embarking on a transformative journey to establish a versatile steel plant within the Sihanoukville Port Special Economic Zone, according to […]
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CBA Expo 2023: Pioneering the Future of Construction, Mining & Building Industries
In a testament to innovation and progress, CBA Expo 2023, the inaugural international trade exhibition and conference dedicated to machinery, tools, equipment, and technology for the construction, mining, and building sectors, concluded with resounding success. Held at EH100, BITEC Bangkok, Thailand, from 13-15 September 2023, this event emerged as a definitive platform for industry stakeholders […]
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Chinese Firm Eyes Over 300 Hectares for Chemical Fertiliser & Pesticide Production in Cambodia
A prominent Chinese investment company based in Anhui province is seeking to acquire more than 300 hectares of land to establish chemical fertiliser and pesticide production facilities. This initiative follows a productive meeting held on 19 September 2023, between HE Chea Vuthy, Secretary General of the Cambodian Investment Commission, and a delegation from the Chinese […]
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China’s Belt & Road Initiative: Some Shifting Challenges Seeing China Not Expanding Investment Abroad
A decade since China first proposed the Belt and Road Initiative (BRI), this ambitious global investment project has significantly expanded both trade and China’s international influence. Ten years in, Beijing undoubtedly wields greater clout on the global stage, but this milestone also comes with notable shifts in new investments. Positive results from the implementation of […]
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Pointer Secures Exclusive Rights to Sell the Iconic “Zion” Business Project Along 60-Metre Boulevard
In a significant move that promises to redefine Cambodia’s real estate landscape, Zion City’s Zion Commercial Real Estate Project has entered into an exclusive sales and marketing partnership agreement with Pointer, a distinguished leader in Cambodia’s real estate sector. The pact, sealed on 20 September 2023, amidst the top management of both companies, reflects a […]
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