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ខ្មែរ 
Australia’s 30-Year Commitment: Catalysing Cambodia’s Development Across Key Sectors with US$1bn in Aid
- 19 April 2024
For three decades, the Australian Government has been instrumental in Cambodia's development journey, extending over US$1 billion in official development assistance to bolster pivotal sectors within the nation. This landmark contribution underscores Australia's unwavering commitment to Cambodia's progress, as highlighted in a press release by the Ministry of Foreign Affairs and International Coope...
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Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV
- 19 April 2024
The Preah Sihanouk Provincial Sub-Committee on Investment (ECCC) has greenlit an ambitious venture by Cooper Packing (Cambodia) Co., Ltd., investing upwards of US$3 million to erect a state-of-the-art cardboard factory in Sihanoukville. The decision came to light during a meeting presided over by Mr. Kouch Chamroeun, Governor of Preah Sihanouk Province, on 17 April 2024. With a registered capit...
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Cambodia Achieves Open Defecation-Free Status in 6 Provinces, 7 More Expected by Year End
- 19 April 2024
Cambodia is making significant strides in achieving open defecation-free (ODF) status across its provinces. Presently, six provinces have successfully attained ODF status, with plans to announce seven more by the year's end. The progress was revealed during a pivotal meeting chaired by HE Chhay Rithi Sen, Minister of Rural Development, on 18 April 2024. Discussions centred on Cambodia's rural w...
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NR No. 48 Rehabilitation Project Progresses to 52%
- 18 April 2024
The rehabilitation project of National Road No. 48 (Sre Ambel - Koh Kong) has reached a significant milestone, with construction progress standing at 52.12%. This update was confirmed by HE So Vector, Project Manager and Secretary of State of the Ministry of Public Works and Transport, on April 18, 2024. HE So Vector highlighted the smooth progress of the project, emphasising that efforts are f...
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Construction Material Imports Surge nearly US$350m in Q1 2024, Reflecting Cambodia’s Booming Construction Sector
- 18 April 2024
In the first quarter of 2024, Cambodia witnessed a remarkable surge in its construction sector, as imports of construction materials soared to an impressive US$349 million, marking a significant increase of 22.24% compared to the same period last year. This data, derived from the General Department of Customs and Excise, illuminates the thriving growth and vibrant activity within the construction ...
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Cambodia Welcomes 21.8m Tourists During Four-Day Khmer New Year Celebration
- 18 April 2024
Throughout the four-day Khmer New Year celebration, from 13 – 16 April, Cambodia played host to an impressive influx of tourists, both domestic and international, totalling 21.8 million visitors. This significant turnout reflects the nation's enduring appeal as a cultural and tourist destination, with particular hotspots emerging in provinces such as Kampong Cham, Prey Veng, and Kampong Speu. T...
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Construction Sector Thrives: Ministry Approves 3,207 Projects Worth US$5.4bn in 2023
- 17 April 2024
In 2023, Cambodia's construction landscape witnessed a remarkable surge, with the Ministry of Economy and Finance (MEF) greenlighting a total of 3,207 construction projects, collectively valued at US$5.4 billion. This data, unveiled in a ministry report, highlights a significant stride in the nation's development trajectory. The report indicates a notable shift in construction dynamics compared...
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Hong Kong Firm, Sunwah Group, Expands Investment Horizons in Cambodia, Eyes Five Key Sectors
- 17 April 2024
Hong Kong-based Sunwah Group is set to broaden its investment portfolio in Cambodia, signalling its intent to venture into five pivotal sectors beyond its existing seafood processing operations, which have been operational since 1994. This development emerged from a high-level meeting between Prime Minister Samdech Hun Manet and Mr. Jonathan K.S. Choi, President of Sunwah Group, on 8 April 2024. ...
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Dubai to Introduce World’s First Flying Taxi Early Next Year
- 16 April 2024
Dubai, renowned for its innovation and luxury, is set to pioneer a groundbreaking advancement in urban transportation with the world's first flying taxi. Joby Aviation, a California-based air-taxi company, has forged a partnership with the Dubai government to launch air taxi services in the city, slated to commence in 2026, with potential initial operations as soon as next year, according to Start...
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Chinese Developer Shimao Faces Liquidation Order Over US$200m Loan
- 16 April 2024
Chinese property developer Shimao Group is facing a liquidation petition filed by China Construction Bank (Asia) over a financial obligation of HK$1.6 billion (US$204 million), according to the company’s statement released on Monday and updated by Business Times on 8 April 2024. In a filing to the Hong Kong stock exchange, Shimao Group announced its intention to "vigorously" oppose the lawsuit ...
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New Business Model of an Indigenous-Led Project to Deploy 1m Solar Panels & Produce 50k Green Hydrogen for Agriculture
- 15 April 2024
The East Kimberly Clean Energy Project, valued at US$3 billion, is set to revolutionise Australia's energy landscape by deploying 1 million solar panels combined with existing hydropower infrastructure to produce 50,000 tonnes of green hydrogen annually. This green hydrogen will be further converted into ammonia for use as sustainable agricultural fertilizer. According to the World Economic Forum ...
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Construction Begins on Quảng Trị’s US$580m Deep-water Port After 4-Year Delay
- 15 April 2024
Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews on 26 March 2024. Approved by the Prime Minister on 4 January 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to Quảng Trị province. It not only serves ...
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