Sunwah Group Eyes Electric Vehicle Assembly Investment in Cambodia

Sunwah Group is considering investing in the assembly of electric vehicles in Cambodia, exploring the sector's potential with keen interest. Representatives from SUN WAH PROPERTIES (CAMBODIA) CO., LTD. recently met with HE Nuth Un Vanra, Deputy Secretary General of the Cambodian Investment Committee of the Council for the Development of Cambodia (CDC), to discuss these investment opportunities on ...

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Gov’t Calls on Capital-Provincial Governors for More Drug Rehabilitation Centres in Cambodia

HE Dr Sar Sokha, Deputy PM and Minister of Interior has urged capital-provincial governors to attract and support private investment projects for the establishment of drug addiction rehabilitation centres in Cambodia. This statement was made at the inauguration ceremony of His Excellency Pen Kosal as the new Governor of Tbong Khmum Provincial Board of Governors on 11 July 2024. During the cerem...

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Land Ministry Unveils Advanced Digital Land Registration System

The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) has announced the launch of a new digital land registration procedure, developed collaboratively by the Digital Development Team and the Department of MLMUPC, and Cadastral Affairs of Phnom Penh, alongside the Ministry of Posts and Telecommunications. This announcement was made on 27 June 2024. In addition to the land re...

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Cambodia Launches Ambitious Electric Vehicle Development Policy with Nearly 3,000 Vehicles Registered

The Government of Cambodia has launched the National Policy on the Development of Electric Vehicles Cambodia 2024-2030, with nearly 3,000 electric vehicles currently registered, according to the Ministry of Public Works and Transport on 25 June 2024. The policy aims to promote and guide the growth of the electric vehicle sector in Cambodia, featuring specific measures and clear mechanisms to be...

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Construction Project on NR No. 71c (Tbong Khmum-Kampong Cham) Completed 3 Months Ahead of Schedule

The construction of NR No. 71c, stretching 114.62km from NR No. 7 point PK150 + 700 in Tbong Khmum province to NR No. 71 point PK30 + 400 in Kampong Cham province, has been completed 100% and is set to be officially inaugurated soon. This information was announced on the Ministry of Public Works and Transport's official Facebook page on 14 July 2024. Currently, the Ministry of Public Works and ...

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Analysts Doubt Efficacy of China’s US$43.5 Billion Housing Initiative

China's latest US$43.5 Billion housing initiative targets the country's vacant property crisis, but analysts argue it’s insufficient to resolve the ongoing issues that have plagued the sector for nearly three years. The initiative, announced last Friday, aims to fund bank loans for state companies to purchase unsold housing stock, but concerns remain about the measure's limited scale and potential...

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Phnom Penh’s Flood Mitigation Efforts Progressing: 13 Projects Achieve 6.5% Completion

Of the 50 flood mitigation projects initiated by the government to alleviate flooding in Phnom Penh over five years, 13 projects are currently underway, achieving 6.5% completion. This was announced on Prime Minister Samdech Hun Manet’s official Facebook page on 11 July 2024. According to the announcement, these 13 projects are concentrated in the most flood-prone areas, including the vicinity ...

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CCA Board Invited to Prominent China-ASEAN Electric Power Equipment Conference

The 2024 China (Chongqing) - ASEAN Electric Power Equipment Manufacturing Industry Conference on Innovation and Cooperation commenced in Fuling, Chongqing, aiming to foster green development and regional prosperity by inviting international investors to explore business and investment opportunities. This significant event took place on 9 July 2024, as per the Ministry of Information's press releas...

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Conservation International Restores 600 Hectares of Flooded Forest in Tonle Sap Over 10 Years

For over a decade, Conservation International Cambodia (CI) has partnered with the Cambodian government to restore approximately 600 hectares of flooded forest on the Tonle Sap, planting over 270,000 saplings since the mission commenced in 2010. This information was shared on the organisation's official Facebook page on 9 July 2024. Oum Sony, Country Director of Conservation International, emph...

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SME Bank Lends US$500m to 3,400 Enterprises in 2023

In 2023, the Small and Medium Enterprise Bank of Cambodia (SME Bank) disbursed loans totalling US$500 million to 3,400 small and medium enterprises, according to a report by the Ministry of Information on 4 July 2024. The SME Bank's report highlighted that the lending was facilitated through two mechanisms: direct financing projects and co-financing projects in collaboration with participating ...

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Philippine Investors Eye Expanding Investment Horizons in Cambodia’s Priority Sectors

Philippine investors are exploring new opportunities in Cambodia's construction and priority sectors, with full ownership in rice production being highlighted as a significant potential investment area. This strategic interest was discussed during a meeting on 8 July 2024 between Samdech Techo Hun Sen, President of the Senate of Cambodia, and Mrs. Flerida Ann Camille P. Mayo, Ambassador of the Phi...

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Gov’t Reveals Three Ambitious Visions to Transform Sihanoukville into ASEAN’s Leading Trade Hub

The development plan for Sihanoukville aims to transform the city into a multi-purpose special economic zone through a two-phase strategy, targeting three major goals. This announcement was made in a press release from the Ministry of Economy and Finance on 9 July 2024. The first phase (2025-2028) will focus on integrating Sihanoukville into the regional trade system, expanding logistics and to...

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