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ខ្មែរ 
Vietnam’s Multibillion-Dollar Investment Fuels Development in the Triangle Area Bordering Cambodia & Laos
- 20 October 2023
Vietnam is accelerating progress in the Development Triangle (DTA), a region straddling the borders of Cambodia and Laos, with an impressive investment of over US$ 3.731 billion. This significant commitment is embodied in a multitude of 122 projects, reaffirming Vietnam's dedication to regional development. The declaration emerged during a gathering of the National Assembly delegation represent...
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Four New Factories Worth Nearly US$26m Set to Catalyse Growth in Kampong Speu & Takeo Provinces
- 20 October 2023
The Council for the Development of Cambodia (CDC), has given the green light to four forward-thinking companies, marking a significant infusion of nearly US$26 million in investments. These strategic initiatives are poised to create 5,613 job opportunities, benefiting residents in Kandal, Kampong Speu, and the capital city of Phnom Penh. The CDC announcement, made on 11 October 2023, serves as ...
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Chinese firm Commits $3 Billion Investment in Cambodia’s Energy Development
- 20 October 2023
In a remarkable leap towards Cambodia's energy sector development, China Machinery Engineering Corporation (CMEC) has unveiled a groundbreaking plan to co-invest approximately $3 billion in Cambodia's burgeoning gas energy industry. This momentous decision was announced following a high-level meeting between His Excellency Hun Manet, Cambodia's Prime Minister, and Mr. Wang Bo, Chairman of the B...
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Gov’t Announces Temporary Opening of Koh Pich-Koh Norea Bridge for Traffic Starting 20 October
- 19 October 2023
The Cambodian government has announced the temporary opening of the Koh Pich-Koh Norea Bridge from 20 October 2023, as shared on the official Facebook page of the Department of Public Works and Transport of Phnom Penh on the evening of 19 October 2023. The move comes as a strategic response to mitigate traffic congestion caused by the ongoing construction of the Monivong Sky Overpass. Commencin...
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Koh Tonsay Beach to Angkol Beach Road Connection 80% Completion: Game-Changer for Kep Tourism
- 19 October 2023
In picturesque Kep province, construction of the much-anticipated road linking Koh Tonsay Beach to Angkol Beach has surged ahead, reaching an impressive 80% completion as of 18 October 2023. Governor of Kep Province HE Som Piseth enthusiastically shared this update with AKP, underlining the critical role this project plays in bolstering Kep's burgeoning tourism industry. This 11-kilometer ro...
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BRI Forum Brief: China Shifts from Building Major Infrastructure to Focusing on Digital Connectivity
- 19 October 2023
In an era of evolving global dynamics, China's Belt and Road Initiative (BRI) is poised for a transformative second decade, signaling a shift towards more efficient, market-oriented, and less debt-burdened projects. President Xi Jinping's recent pronouncement on the future of BRI as "small yet smart" is underpinned by valuable lessons learned. This strategic shift comes as a response to past chall...
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CP Group Elevates Investment in Cambodia’s Real Estate, Healthcare, and Satellite Development
- 19 October 2023
The renowned Charoen Pokphand Group (CP), Thailand’s largest private company, has unveiled ambitious plans to expand its commitment n real estate, healthcare, and satellite city development in Cambodia. A courtesy call between Mr. Tse Ping, Vice Chairman of CP Group, and Samdech Hun Manet, held during the "Third Belt and Road Forum" in Beijing, marked a pivotal moment in Cambodia's path to becomi...
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China Spends US$10bn to Dig Massive New Canal to Ease Trade Flow with ASEAN
- 18 October 2023
Recognizing that the eastern port where goods pass through the port near Taiwan looks unstable and is under US surveillance, China has invested a staggering US$10.3 billion (equivalent to 72.7 billion yuan) to carve out the sprawling Pinglu Canal. Stretching over 134 kilometers, this monumental waterway links the Xijin Reservoir near Guangxi's vibrant capital city, Nanning, to the bustling port of...
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Gov’t Greenlights Cutting-Edge Data Centre in Heart of Phnom Penh
- 18 October 2023
The future of digital innovation in Cambodia has taken a resounding step forward with the approval of a groundbreaking project: the establishment of a cutting-edge data centre in the heart of Phnom Penh. The decision comes from the Council for the Development of Cambodia (CDC) and promises to usher in a new era of technological advancement after the CDC approved the project on 18 October 2023. ...
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Cambodia Inks Landmark Agreements with Chinese Corporate Giants on Three Transformative Projects
- 18 October 2023
The Cambodian government has forged pivotal agreements with Chinese corporate giants on three transformative development projects. These monumental partnerships, unveiled during the "Third Belt and Road Forum" in Beijing, promise to reshape Cambodia's technological landscape and boost its economic prowess. Under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia signed...
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Positive Signs Emerge: Serviced Apartment & Landed Property Sectors Rebound Slightly in Q3 2023
- 18 October 2023
In a real estate market that has largely remained stagnant, there are promising signs of recovery in the service apartment and landed property sectors. The latest data, released by CBRE Research on 5 October 2023, indicates a subtle shift in market demand. According to the report, the average quoted rent for Grade A serviced apartments has increased by 1%, while Grade B apartments have seen a m...
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China’s Economy Rebounds: Factory Activity Signals Stabilisation
- 17 October 2023
China's economy is showing signs of stabilisation as factory activity expands for the first time in six months. The Purchasing Managers' Index (PMI), which measures the performance of major manufacturers, rose to 50.2 in September, up from 49.7. This figure is above the critical 50-point threshold, indicating a shift from contraction to expansion. Economists had predicted a reading of 50.0, this w...
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