Australia Boosts Support for Cambodia’s Mine Action Efforts with Additional AUD 2 Million

In a significant commitment to bolster safety and rehabilitation in Cambodia, the Australian Government has announced an additional AUD 2 million (over USD 1.2 million) for the ongoing Cambodia Mine Action Project Phase 4 (CFR4). This funding initiative was formalized through an agreement signed on 30 April 2025 by HE Derek Yip, the Australian Ambassador to Cambodia, and Ms. Alissar Chaker, the Un...

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Phnom Penh Infrastructure Project Advancing Rapidly to Combat Flooding

In a significant step towards enhancing urban resilience, a major infrastructure project targeting flood prevention in the western districts of Phnom Penh is now over 66% complete. The initiative, which focuses on installing large-scale box culverts, is actively transforming National Road 4 and surrounding areas. Managed by the PPPP-TCM joint venture, this ambitious project encompasses essentia...

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Amidst Global Uncertainty, Thailand’s Condominium Market Sees Record Foreign Investment Surge

Foreign investors injected USD 538.5 million into Thai condominium acquisitions with 3,756 units transferred to international buyers marking an 11.6% year-on-year increase, according to a comprehensive report released by the Real Estate Information Center (REIC) on 9 January 2025. The investment landscape reveals clear preferences among international buyers, with properties priced below USD 87,...

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Bavet City Takes Major Step Towards Sustainability as Landfill Project Underway

In a positive development for Bavet city, construction of a significant landfill project has officially commenced on a sprawling 21-hectare site in Trang Mtes village, located in the heart of Svay Rieng province. The ground-breaking ceremony, held on 31 January 2025, began a transformative initiative to enhance the city’s environmental infrastructure. This project is part of the Asian Developme...

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Japan Strengthens Cambodia’s Infrastructure with New Aid Package of Over USD 446K

In a significant move to bolster infrastructure development in Cambodia, the Japanese government has announced a generous aid package totalling USD 446,801 for three critical projects focusing on irrigation systems and bridge construction. HE Ueno Atsushi, Japan’s Ambassador to Cambodia, officially signed the grant agreement on 30th January alongside representatives from the three beneficiary i...

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Despite New Loan Not Yet Approved, Chinese Investment Dominates Cambodia’s FDI

Cambodia continues to attract substantial Chinese foreign direct investment, maintaining a commanding 47% share of total FDI as of Q2 2024, despite recording no new Chinese government loans in Q3 2024. This sustained dominance in foreign investment follows a consistent pattern, where Chinese FDI has maintained majority control ranging from 48% to 56% since 2020, according to findings presented by ...

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Nippon Koei & Inoue Calcium Target Cambodian Cashew Processing Industry

Two foreign companies, Nippon Koei Business Partners Co., Ltd. and Inoue Calcium Corporation, are set to make significant investments in Cambodia’s growing cashew processing sector. They aim to enhance the quality of cashew nuts for export, particularly to Japan. On 30 January 2025, two important meetings took place that could impact the future of Cambodia's agricultural export landscape. The f...

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Phnom Penh Government to Launch Innovative Pedestrian Street Trial

The Phnom Penh Municipal Government is excited to announce the upcoming trial of a pedestrian street project, dubbed "Walk Street," along the iconic Sisowath Avenue. This initiative aims to transform the city's heart into a vibrant, pedestrian-friendly environment, allowing residents and visitors alike to enjoy the area more fully. The trial will commence on Saturdays and Sundays on 1 February ...

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Angkor Enterprise Launches Online Ticketing System to Boost Tourism

In a major development aimed at enhancing the experience for international visitors, Angkor Enterprise has officially launched a comprehensive online ticket sales and inspection system for Angkor. The initiative, which seeks to attract tourists from around the globe, was inaugurated on 30 January 2024, under the leadership of HE Deputy Prime Minister Neth Savoeun, representing His Majesty King Nor...

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National Road 7 Expansion Reaches 32% Completion

As of 30 January 2025, construction on the vital National Road 7 expansion project has reached a notable milestone, achieving 32.01% of its overall progress. The initiative, aimed at enhancing connectivity and promoting economic growth, focuses on upgrading the road to four lanes over a total span of 45.5 kilometres. The work stretches from the Vang Vong Moul Skun roundabout in Cheung Prey distric...

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Progress on National Road No. 23 Reaches 70% Completion

The ambitious construction project for the 20-kilometre stretch of National Road No. 23, linking Koh Thom and Loek Dek districts in Kandal province, has made significant headway, with approximately 70% of the work completed. According to a report by Cambodia National Television, the project is set to conclude in April 2025. HE Phay Sovicheano, Secretary of State of the Ministry of Public Works ...

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Cambodia’s Rubber Industry Thrives, Promises Economic Growth

Cambodia's rubber industry is on the rise, with 179 rubber processing factories and craft now operational across the nation, marking a notable increase in production and employment opportunities. This surge reflects a commitment to bolstering economic growth and empowering local communities. During the inauguration of the Try Pheap Import Export Co., Ltd.’s new rubber processing factory in Prea...

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