Cambodia Attracts US$ 54.8M Investment with Establishment of Nine New Factories in Six Provinces
The Council for the Development of Cambodia (CDC) has granted registration certificates to nine prominent companies for the establishment of large-scale factories. With a combined investment of US$ 54.8 million, these ventures are expected to generate approximately 13,849 job opportunities for local residents across six provinces and cities in Cambodia. The CDC’s announcement on 26 […]
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PM Advocates for Commercial Courts to Foster Investor and Business Confidence in Cambodia
In a move to enhance the investment and business environment in Cambodia, PM Hun Sen called for the establishment of commercial courts to facilitate the resolution of trade and business disputes. During the inauguration ceremony of the “Court of Justice” on 26 June, PM Hun Sen urged the Ministry of Justice to develop a robust […]
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LG Unveils Intelligent Cooling Solution: VRF Multi V i Air Conditioning System with Advanced AI for Cambodia, Thailand, and Laos
LG Electronics, a renowned leader in technological innovation, has introduced its cutting-edge VRF Multi V i air conditioning system integrated with advanced AI technology, specifically designed for the Cambodian, Thai, and Lao markets. The grand unveiling took place on 23 June 2023 in Bangkok, marking a significant advancement in the field of cooling solutions. Distributed […]
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Seamless Connectivity: Inauguration of a 7km Concrete Road Enhances Transportation in Banteay Meanchey Province
Banteay Meanchey Province witnesses a remarkable milestone as the government proudly inaugurates a brand-new 7-kilometer-long concrete road, seamlessly connecting NR No. 6 in Chhmaur Meanchey commune to the revered Srah Kandal (Kchas) pagoda in Bosbov commune, Preah Net Preah district. This monumental achievement was commemorated under the distinguished presence of His Excellency Deputy Prime Minister […]
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Cutting-edge Waste Management: Kampong Thom Province Unveils US$4 Million Landfill Facility
Kampong Thom province proudly presents its state-of-the-art landfill facility, a groundbreaking project worth over US$4 million, aimed at revolutionizing sanitation and environmental management services surrounding the pristine Tonle Sap Lake. The auspicious inauguration ceremony, held under the distinguished presence of HE Sun Chanthol, Senior Minister of the Ministry of Public Works and Transport, took place […]
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Grand Unveiling: Phnom Penh Municipal Court’s State-of-the-Art Building Valued at Over US$14 Million
Phnom Penh Municipal Court proudly opens its doors to a remarkable new building, a masterpiece valued at over US$14 million, situated in the prestigious locale of Sangkat Prek Leap, Khan Chroy Changva, Phnom Penh. The inauguration ceremony, graced by the presence of Prime Minister Hun Sen, took place on 26 June 2023, marking a significant […]
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Government Leases Extensive Land in Kep for Private Development Initiatives
In a landmark decision, the Cambodian government has allocated approximately 30 hectares of land within the scenic Kep National Park to One More, Ltd., paving the way for the development of a captivating tourist destination. This noteworthy development was confirmed through a sub-decree issued on 25 November 2022, highlighting the government’s commitment to fostering sustainable […]
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Siem Reap’s Old Airport Set to Transform into Premier International Event Venue
The Ministry of Tourism (MOT) has unveiled a visionary plan to repurpose Siem Reap’s old International Airport into a state-of-the-art international conference and exhibition hall. The announcement was made during the conclusion of a significant tourism review meeting, held from June 21-22, 2023, which focused on restoring and revitalizing Cambodia’s tourism sector amidst and beyond […]
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MPWT Explores Rehabilitation Plans for Road Section from Koh Kong Bridge to Thai Border
The Ministry of Public Works and Transport (MPWT) is undertaking a comprehensive study to assess the rehabilitation needs of an 8-kilometer road segment spanning from the Koh Kong Bridge to the Cham Yeam border crossing, which connects Cambodia and Thailand. During the official inauguration of the Dang Tong Port in Koh Kong province on June […]
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Gov’t Announces Property Tax Deadline: September 30, 2023
The General Department of Taxation has issued a reminder to all property owners, emphasizing the importance of fulfilling their property tax and land tax obligations by September 30, 2023. The announcement, dated June 22, 2023, serves as a prompt for property owners who have yet to meet their tax declaration requirements. Recognizing the need to […]
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Cambodia’s Tourism Industry Achieves Record-Breaking Revenue of over US$2 Billion in 2022
Cambodia’s tourism sector experienced an exceptional year in 2022, with revenue surpassing the US$2 billion mark. The Ministry of Tourism recently unveiled its official report during the Tourism Review Conference on June 21, 2023, showcasing the industry’s remarkable growth and economic impact. According to the report, Cambodia welcomed approximately 2.28 million international tourists in 2022, […]
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Construction Sector Flourishes with Approved Projects Worth US$1.2 Billion in First Quarter
The construction industry in Cambodia has experienced a remarkable surge, as evidenced by the approval of an impressive 1,023 construction proposals in the first quarter of this year. This figure represents a significant year-on-year increase of 22 percent, highlighting the robust growth and investment in the sector. The Ministry of Land Management, Urban Planning, and […]
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