CHN ENERGY Plans US$1bn Investment in Renewable Energy Projects in Cambodia

China's leading energy company, CHN ENERGY, has unveiled plans to invest a staggering US$1 billion in the development of renewable energy projects in Cambodia. The announcement came following a productive meeting between HE Suon Sophal, Deputy Secretary General of Cambodia's Investment Committee, and Mr. I Seang, a representative of CHN ENERGY Enterprise, on 8 April 2024. During the meeting, re...

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Cambodia’s 2024 Economic Outlook: Seasia Stats Projects 6.1%, Gov’t Forecasts 6.6%, WB Predicts 5.8%

Cambodia's economy is set to achieve robust growth in 2024, with a forecasted expansion of 6.1%, marking the highest figure among ASEAN nations and placing it as the third-highest in Asia. This projection, updated by the Indonesian statistics institute Seasia Stats and reported by RFI on 7 April 2024, underscores Cambodia's remarkable economic resilience and potential for substantial development. ...

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SCA Secures Operator Rights at Techo Airport, Expanding Presence Across Cambodia

SOCIETE CONSERVER DERAORORPORT (SCA) has extended its operational reach in Cambodia by acquiring operator rights at Techo International Airport, alongside its existing operations at Phnom Penh National Airport. This significant development was reported by the National Television of Cambodia, highlighting SCA's growing influence in the country's aviation sector. The Secretariat of State for Civi...

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EDC Urges Energy Conservation as Summer Electricity Consumption Surges by 30%

Electricite du Cambodge (EDC) issues a crucial recommendation amid a surge in summer electricity consumption, which has risen by approximately 30% since the beginning of April. The announcement comes as the country braces for increased energy demand during the dry season, characterized by hot and dry weather conditions. This vital information was disclosed in a statement released on 7 April 2024, ...

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Cambodia Grapples with Nearly 2,000sq/km of Uncleared Landmines

Cambodia faces a significant challenge with approximately 1,854 square kilometres of unexploded ordnance (UXO) and landmines, posing a threat to over 1 million people residing in affected areas. Mr. Ly Thuch, First Vice President of the Cambodian Mine Authority, confirmed this alarming statistic during discussions with RFI Khmer on 4 April on the theme "Protecting Life, Building Peace" in Siem Rea...

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China’s Real Estate Evolution: Lessons for Asia’s Economic Balance

China's real estate sector has undergone a profound transformation, transitioning from a state-dominated model to a market-oriented approach, mirroring broader shifts in the Asia Pacific region. A detailed analysis of the changing real estate market impact on the Asian market by Kaize Zhu, a researcher at NUS University in Singapore and published by eastasiaforum on 22 March 2024, is as follows: ...

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Mondulkiri Authorities Enforce 7 Measures to Combat Natural Resource Crime

Mondulkiri provincial authorities have unveiled a comprehensive plan comprising seven key measures aimed at preventing and combating natural resource crimes, particularly within the Nam Lear Wildlife Sanctuary situated in Pichreada and Oreang districts. In a press release issued on 29 March 2024, the National Committee for the Prevention and Suppression of Natural Resource Crimes in Mondulkiri ...

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Siem Reap Accelerates Standard Landfill Construction as Daily Garbage Surges to Nearly 600 Tons

Siem Reap provincial authorities, in collaboration with relevant ministries, are fast-tracking the establishment of a new standard landfill project in Prasat Bakong district, Siem Reap province, in response to the alarming daily accumulation of nearly 600 tons of waste. During the meeting chaired by Mr. Chan Thorn, Deputy Director General of the General Department of the Ministry of Economy and...

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Siem Reap’s Old Airport Set to Transform into Entertainment Hub by AIAI

Siem Reap Angkor International Airport Investment Company (AIAI) has unveiled plans to revitalise the former Siem Reap International Airport into a vibrant entertainment hub within the province. HE Sin Chanserevutha, spokesperson for the State Secretariat of Civil Aviation, announced on 5 March that AIAI has secured the rights to oversee the development of the old Siem Reap International Airpor...

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Massive Crackdown: Authorities Seize Nearly 10,000 Hectares in Pursat in Just 21 Days

In a sweeping operation targeting natural resource crime, a joint task force in Pursat province confiscated nearly 10,000 hectares of land and apprehended 30 individuals. The Ministry of Environment's official Facebook page disclosed the findings on 1 April 2024, revealing that over the course of 21 days, from 11-31 March 2024, authorities conducted a rigorous crackdown, resulting in the seizur...

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Cambodia’s First Quarter Sees Surge in Investment: US$2.2bn Infusion

In a dynamic start to 2024, Cambodia's investment landscape has witnessed a significant boost, with the Council for the Development of Cambodia (CDC) greenlighting 106 new projects and production expansions. These ventures boast a colossal investment sum of US$2.2 billion, promising over 170,000 employment opportunities. This pivotal development was disclosed in a press release by the CDC  on 5 Ap...

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Gov’t Initiates Multi-Purpose Economic Corridors in Four Coastal Provinces

The Cambodian government is taking significant steps to establish multi-purpose economic corridors in four coastal provinces, namely Kampot, Koh Kong, Sihanoukville, and Kep. This initiative aims to enhance economic growth and development in the region, as announced by the official Facebook page of Preah Sihanouk Provincial Administration on 3 April 2024. A crucial meeting of the inter-minister...

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