India Expands Trilateral Highway Project to Connect Cambodia, Boosting Regional Trade and Connectivity
India has unveiled plans to extend the 1,360-kilometer trilateral highway project to Cambodia. Currently under construction between India, Myanmar, and Thailand, the highway section linking Thailand to Myanmar has been completed, awaiting its official public opening. This significant development was confirmed by Thai envoy Pattarat Hongton in an exclusive interview with the live nagpur newspaper […]
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UN, GGGI, and Cambodia Government Join Forces to Empower Green Bond Issuers
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI), and the Securities and Exchange Regulator of Cambodia (SERC) have partnered with the Credit Guarantee and Investment Facility (CGIF) and GuarantCo to launch the Cambodia Sustainable Bond Accelerator (CSBA), an initiative designed to provide crucial support […]
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Two Areas of Thailand attract 229k Cambodian tourists just within five months of 2023
In the first five months of the year, Thailand welcomed an impressive 229,000 tourists from Cambodia, while an even higher number of 330,000 tourists ventured from Laos, seeking both recreational activities and medical check-ups. These figures underscore the increasing appeal of Thailand’s diverse offerings, including its renowned healthcare sector, which has gained international recognition for […]
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Dogen City: Pioneering the World’s First Floating Medical Haven in Japan
In a groundbreaking initiative poised to revolutionize urban development and healthcare, Japanese firm N-Ark has unveiled its visionary plan for Dogen City, the world’s first floating medical city. Situated in Hamamatsu City, a vibrant port located 200km southwest of Tokyo, this innovative project represents a bold response to the challenges of climate change and population […]
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Stockholm Wood City: Pioneering the World’s Largest Wooden Urban Development
Renowned Swedish developer Atrium Ljungberg has unveiled plans to construct Stockholm Wood City, set to become the world’s largest wooden city. This groundbreaking project will transform the former industrial quarter of Sickla in southern Stockholm, spanning an impressive 250,000 square meters of land. With a vision encompassing 2,000 homes, 7,000 office spaces, as well as […]
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Groundbreaking Innovation: Cambodian-Made Product to Revitalize Phnom Penh’s Major Roads
The Cambodian government has chosen to employ a revolutionary product developed locally, known as Cold Mix AC, for the repair and revitalization of three prominent roads. This momentous decision was announced by HE Dr. Om Yentieng, Chairman of the National Working Group, during the highly anticipated groundbreaking ceremony held on 30 June 2023. HE Dr. […]
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Aeon Mall Meanchey Selected as a Prime Station for Phnom Penh-Techo International Airport Rail Line
In an exciting development for Cambodia’s transportation infrastructure, the Ministry of Public Works and Transport (MPWT) has officially announced that the upcoming light rail or underground train project connecting Phnom Penh to Techo International Airport in Kandal province will include a strategically located station at Aeon Mall Meanchey. This significant update was disclosed by HE […]
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CICC Unveils Five Transformative Projects to Foster Siem Reap’s Development
The Cambodia International Trade Association (CICC) has recently announced the launch of five groundbreaking projects aimed at driving the growth of Siem Reap province and generating employment opportunities for its residents. This momentous revelation came to light during a meeting between Mr. Johnny Mo, Director of the International Trade Association of Cambodia (CICC), and HE […]
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PM Announces Free Healthcare at Cambodia’s Largest Hospital for All Citizens, Especially Workers
PM Hun Sen has declared that all Cambodian citizens, particularly workers, can avail themselves of free medical treatment at the newly constructed “Techo Santepheap” Hospital, the largest healthcare facility in Cambodia. The PM made this announcement during a gathering with approximately 20,000 workers in Kandal province’s Ang Snoul district on 29 June 2023. Expressing his […]
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Gov’t Strengthens Real Estate Regulations to Boost Investor Confidence
In a significant move to enhance transparency, efficiency, and investor trust in the real estate sector, the Government of Cambodia has recently issued a comprehensive sub-decree aimed at managing and controlling the real estate development business. Sub-Decree No. 50, dated 2 March 2023, outlines measures to ensure fairness, attract investment, and foster a thriving real […]
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Booyoung Group’s Milestone Agreement: 1,000 Modern Buses to Enhance Cambodia’s Transportation Network
Booyoung Khmer II Co., Ltd., a prominent subsidiary of BOOYOUNG GROUP from the Republic of Korea, has inked a significant agreement with the Cambodian government to provide a total of 1,000 buses in three phases. The official press release by the Ministry of Economy and Finance on June 29, 2023, sheds light on this remarkable […]
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Koh Kong Provincial Authority Implements Ban on Land Purchase and Ownership Transfers in Sre Ambel District
The Koh Kong Provincial Authority has made an important announcement regarding land transactions in Sre Ambel district. As per the press release dated June 23, 2023, all land transfer licenses pertaining to the remaining land from the policy settlement have been rendered null and void. This decision affects two groups comprising 175 and 200 families […]
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