Cambodia’s US$ 1 Billion Dollar Deep-Sea Port Now Open for Business
A new container port worth nearly USD1 billion at the Sihanoukville Autonomous Port has been officially opened under the presidency of Samdech Techo Hun Sen, Prime Minister of Cambodia. The project to expand the capacity of Sihanoukville Autonomous Port is expected to cost a total of USD973 million, including concessional loans from the Government of […]
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New Road from NR 4 to Bokor Mountain Now Accessible to Off-Road Vehicles
The Thansur Sokha Hotel has confirmed that the 61-kilometer road project connecting National Road 4 to Bokor Mountain is now accessible to off-road vehicles. According to their official Facebook page on April 25, 2023, the road is open for high-wheel drive vehicles (4WD) and large motorcycles. The completion of the clearing work on April 1 […]
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5 years, Svay Rieng Provincial Authority registered 115 villages and issued over 130k plots of land
The Svay Rieng provincial authorities have achieved a remarkable feat in the last five years, systematically registering land in 115 villages, 22 communes, and Sangkat in 8 districts. HE Men Vibol, Governor of Svay Rieng Province, made this announcement during the press conference on “Success in the past 5 years” of Svay Rieng Provincial Administration […]
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Singapore Doubles Property Tax for Foreign Buyers in Effort to Cool Market
In a move to address concerns over the affordability of housing for locals and maintain its position as a competitive financial hub, Singapore has raised taxes on property purchases. The Ministry of Finance, National Development Ministry, and Monetary Authority of Singapore have jointly announced that stamp duties for foreign buyers will increase from 30% to […]
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Bentley Systems Announces Infrastructure Projects Achieve Measurable Results with LumenRT for NVIDIA Omniverse, Powered by iTwin
Creation of Immersive 3D/4D Experiences Enhances Visualization and Simulation of Infrastructure Digital Twins for Improvements in Communication and Collaboration Bentley Systems announced how infrastructure organizations across industries and around the globe are leveraging the power of LumenRT for NVIDIA Omniverse, powered by iTwin, a solution enabling infrastructure organizations to create compelling visualizations and project deliverables […]
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ISI STEEL LAUNCHES ISI PALM WITH INOK TECHNOLOGY
In an intimate and selective press conference on Friday, April 28th, 2022, ISI STEEL unveiled ISI PALM® with INOK ™ Technology developed by Bluescope, an Australian flat product steel producer with a subsidiary in Vietnam. This collaboration marks the beginning of a momentous cooperation and is a cause for extensive celebration of Cambodian excellence as […]
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Cambodia to Establish Embassy in Brazil to Strengthen Diplomatic Ties
The Royal Government of Cambodia has recently announced its decision to establish an Embassy of the Kingdom of Cambodia in the Federal Republic of Brazil, according to Sub-Decree No. 77 issued on 24 April 2023. The Embassy, located in the capital city of Brasilia, will be headed by a Chief of Mission who will have […]
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Korean Auto Parts Manufacturer YURA Harness Plans to Establish a Research and Development Center in Cambodia
Korean auto parts manufacturer YURA Harness (Cambodia) Co., Ltd. is set to establish a research and development center in Cambodia, following the successful inauguration of its wiring assembly plant in Kampong Speu province. This development was announced during a meeting between the delegation of YURA Harness (Cambodia) Co., Ltd. and the Minister of Industry, Science, […]
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GOV’t Repeals New Sub-Decree to Protect Endangered Dolphins
The Cambodian government has repealed a new sub-decree aimed at protecting dolphins in Kratie and Stung Treng provinces, following a series of dolphin deaths that occurred during its implementation from February to April 2023. Instead, the old sub-decree from 2012 will be reinstated, according to Sub-Decree No. 87 issued on 27 April 2023. The decision […]
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PP-SR Expressway Runs Through 5 Cities-Provinces while the feasibility study will end in May
The Cambodian government is moving forward with the Phnom Penh-Siem Reap Expressway project, which will connect the two cities by crossing five provinces, according to a feasibility study set to be completed by the end of May. Senior Minister of Public Works and Transport, HE Sun Chanthol, recently confirmed the progress of the project, stating […]
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Gov’t Approves 7 Investment Projects Worth Over US$ 60M in Kampong Speu, Kandal and Phnom Penh
The Investment Committee of Cambodia of the Council for the Development of Cambodia (CDC) has announced its approval of seven investment projects worth over US$60 million. The projects will establish factories in Kampong Speu, Kandal, and Phnom Penh, and are expected to create 11,867 new job opportunities for Cambodian people. Among the approved companies is […]
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Chinese Investors Eyeing Cambodian Agriculture, Plans $400 Million Investment on 300K hectares
Chinese investors are looking to invest $400 million in Cambodia’s agricultural sector, requiring 300,000 hectares of land, according to a recent meeting between a Chinese investment delegation and the governor of Kampong Thom province on 27 April 2023. HE Duong Dara, Samdech Hun Sen’s personal assistant and Secretary of State of the Council of Ministers, […]
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