MoE Propels Bamboo Cultivation Kampong Speu for Carbon Neutrality & Export Growth
The Ministry of Environment (MOE) has embarked on a visionary initiative to encourage heightened bamboo cultivation, both as an avenue for export and as a pivotal means to establish carbon neutrality within the Chambok Community Protected Area in Kampong Speu province. Spearheaded by HE Eang Sophalleth, Minister of Environment, this strategic move underscores the symbiotic relationship between sus...
Read MoreMPWT Collaborates with Australian Experts to Enhance Road Infrastructure Design
The Ministry of Public Works and Transport (MPWT) has embarked on a partnership with Australian expert teams to incorporate advanced pavement design techniques. This endeavor addresses escalating traffic demands and bolsters the infrastructural resilience against evolving climate conditions. On 28 August, a pivotal stakeholder consultation workshop centered on Pavement Design Specification was ...
Read MoreNew Government Allocates US$100M to Boost Agriculture, Focuses on Irrigation Enhancement
In a resolute move to bolster Cambodia's agricultural sector, the newly formed government has earmarked a substantial budget of US$100 million. This strategic allocation, unveiled by PM Hun Manet during a gathering with 18,000 factory workers from 13 establishments in Phnom Penh's Por Sen Chey district on the morning of 29 August 2023, underscores the administration's commitment to fortify farming...
Read MoreNew LMUPC Minister Urges Establishment of Job-Creation Factory in Run Ta Ek Natural Village
HE Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, has called for the establishment of a factory within the Run Ta Ek Natural Village development area. This initiative, shared during his visit to inspect infrastructure progress in Siem Reap's Banteay Srei district on 26 August 2023, seeks to provide employment opportunities and skills training t...
Read MoreKampong Cham Province Achieves Landmark: Over 720k Land Plots Registered, Reaching 80% Milestone
The Kampong Cham Provincial Authority has achieved a significant milestone by successfully registering an impressive 723,588 land titles. This substantial accomplishment translates to a remarkable 80% coverage of the estimated 924,421 plots of land within Kampong Cham province. The diligent efforts and systematic approach embarked upon since October 2003 have paved the way for this commendable fea...
Read MoreCDC Approves 12 New Projects Worth US$167.9m to Build 5-Star Hotel & New Factories in Six Provinces
The Board of Investment of Cambodia, operating under the CDC, has given the green light to a number of companies to establish a five-star hotel in the heart of Phnom Penh and to set up a series of expansive factories across the nation, strategic investments totaling US$167.9 million. This surge in investment is poised to not only invigorate Cambodia's economy but also create a staggering 22,788 em...
Read MoreE-Mart 24 Makes Grand Entrance to Cambodian Market, Aims for 100 Store Milestone Next Year
The retail landscape of Cambodia is set to experience a dynamic shift as E-Mart 24 Inc., the renowned South Korean convenience store chain, unveils its plans to make a resounding debut in the country. In a strategic move projected to redefine convenience, E-Mart 24 is slated to open its first Cambodian branch in the first quarter of 2024. With an ambitious vision, the company is steadfastly cha...
Read MoreNew Minister of Tourism Unveils Three Bold Strategies to Attract 6.4 Million Global Visitors by 2025
A triad of strategic pillars is set to propel the nation towards its tourism zenith. The unveiling of these strategies marks a resolute stride towards welcoming 6.4 million international tourists and embracing 16.7 million national tourists by the year 2025. The confluence of ambition, strategy, and unity was revealed in a landmark meeting graced by HE Senior Minister Thong Khon and HE Minister So...
Read MoreChinese Firm to Build US$258m Cement Plant in Kampong Speu Province
Chinese company CONCH KT CEMENT (PHNOM PENH) COMPANY LIMITED has been granted a registration certificate from the Council for the Development of Cambodia (CDC), underscoring an audacious US$258 million investment in a cement manufacturing facility nestled in the Oral district in Kampong Speu province. The validation was confirmed by an official announcement by CDC on the 25 August 2023. This ne...
Read MoreElon Musk’s Hyperloop Vision: Revolutionizing Travel Faster Than Sound in Next Decade
In a groundbreaking leap towards revolutionising transportation, Elon Musk's hyperloop concept is hurtling closer to reality. With a triumphant human test ride successfully conducted in November 2020, the horizon for its realisation could be less than a decade away, according to BusinessInsider on 23 July 2023. The genesis of the hyperloop's popularity traces back to 2013, ignited by Elon Musk'...
Read MoreCambodia’s Exports Surpass US$4.5bn in First Seven Months of 2023
Cambodia's exports to fellow ASEAN Member States (RCEP) have surged impressively, crossing the remarkable threshold of US$4.59 billion during the initial seven months of 2023. This remarkable upswing, reflecting a robust 21% increase from the analogous period in 2022, was eloquently underscored by HE Pan Sorasak, Minister of Commerce. He shared this pivotal insight during the August inauguration c...
Read More15 Indian Tech Companies Seek Collaborative Ventures in Cambodia’s Thriving Market
In a bold move towards global cooperation, 15 leading technology enterprises from India are actively pursuing investment partnerships with their Cambodian counterparts. The much-anticipated event organised Embassy of India in Cambodia took place on 24 August 2023. Representing a comprehensive spectrum of technological prowess, the Indian contingent comprises visionary entities specializing in a...
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