China Accelerates Vision with Transformative Upgrade of Railway Link to Vietnam

A monumental transformation is underway as China embarks on a journey to elevate an existing railway into its maiden high-speed rail connection to Vietnam. The inaugural step in this visionary endeavour was taken on 8 August 2023, marking the genesis of a new era in connectivity and transport, as reported by CGTN. The canvas of this transformative narrative is currently painted by the 46.9-kilo...

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Japanese Investors Forge Unique Path with Traditional Elderly Haven in Kampong Speu

The allure of Cambodia's real estate, agriculture, and craftsmanship opportunities has captured the attention of Japanese investors. These forward-thinking entrepreneurs have set their sights on crafting a haven of tranquility and cultural resonance – a traditional Japanese village tailored exclusively for the elderly. Dr. Mong Reththy, the visionary General Director of Mong Reththy Group, shar...

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MPWT to Propose 6 Billion Riels to Renovate NR76 Connecting Snoul District to Mondulkiri

The Ministry of Public Works and Transport (MPWT) is set to propose a budget of 6 billion Riels to the Ministry of Economy and Finance in 2024. This funding will facilitate the comprehensive renovation and upgrade of NR76, stretching from Snuol district, Kratie province to Mondulkiri province, heralding a new era of connectivity and accessibility for the region. During his recent inspection of ...

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Cambodia’s Land Protection Initiative: Expanding Natural Resource Preserves Over 1m Hectares

In a resolute move to safeguard the environment and uphold biodiversity, the Cambodian government has embarked on an ambitious endeavor by extending its protected natural resource areas by an astounding 1,347,995 ha; from 2,387,739 ha to 3,735,734 ha. This expansion, encompassing 19 pivotal locations across the nation, reaffirms Cambodia's commitment to nurturing ecosystems and preserving its natu...

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Chinese Company to Establish Intelligent Agricultural Zone on 20,000 ha in Cambodia

A visionary stride towards modernizing Cambodian agriculture has emerged as Chinese agricultural powerhouse Danong reveals plans to cultivate an innovative, intelligent agricultural zone sprawling across an expansive 20,000 hectares. This groundbreaking initiative comes to light following a momentous dialogue between HE Duong Dara and Mr. Zhao Shujie, President of Danong Company. The ambitious ...

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Three Ministries & Private Sector Collaborate for Boosting Tourist Port Potential

The Ministry of Economy and Finance, in partnership with the Ministry of Public Works and Transport and the Ministry of Tourism, is set to orchestrate a pivotal consultative workshop under the theme "Operation and Maintenance(O&M) under the Public-Private Partnership Mechanism." The event is scheduled for 8:30 am on 17 August 2023 at Hyatt Regency Hotel Phnom Penh, with a simultaneous virtual ...

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MPT Plans to Build Community Technology Centres at 558 High Schools Nationwide

The Ministry of Posts and Telecommunications (MPT) has set forth an ambitious plan to establish community technology centers at 558 high schools nationwide, signaling a resolute commitment towards advancing digital development. This visionary initiative was unveiled by HE Chea Vandeth, Minister of Posts and Telecommunications, during the distinguished inauguration ceremony of the UNESCO Data Scien...

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Gov’t Built Mondulkiri Bypass Road in Just Seven Days

In an extraordinary display of efficiency and dedication, the Mondulkiri Provincial Administration has completed the construction of a vital bypass road spanning 1,000 meters in an astonishingly short time frame of seven days. This strategic intervention comes in response to the collapse of National Road 76 on 1 August 2023 and is set to restore uninterrupted connectivity for citizens, effectively...

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Peng Huoth Group Grants US$110k in Scholarships to 50 CCF Students

Demonstrating their steadfast dedication to education and community advancement, Peng Huoth Group has marked a significant milestone by providing more than US$110,000 in scholarships to the Cambodian Children's Fund (CCF). As of August 2023, this initiative has benefited 50 deserving students, underscoring the company's role as a catalyst for positive change. A notable event transpired on 4 Aug...

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Shifts in Cambodia’s Property Landscape: Condos Take Lead as Housing Market Adjusts in H1 2023, NBC

The real estate dynamics in Cambodia are undergoing a significant transformation, with the first half of 2023 revealing intriguing trends. According to the inaugural semi-annual report released by the National Bank of Cambodia earlier this week, while sales of flat houses, single villas, and twin villas experienced a decline of 64.7%, the condominium market has surged with a positive 12.9% increas...

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Gov’t Announces Over 125 ha in Prey Veng as Natural Heritage Gem

In a remarkable move to safeguard the nation's cultural and natural treasures, the Government of Cambodia has officially designated a sprawling expanse of 125,275.75 hectares in Prey Veng province as the illustrious "Nokor Phnom Chheu Kach Ba Phnom" natural heritage site. This proclamation, detailed in Sub-Decree No. 224 issued on 3 August 2023, underscores the government's commitment to conservin...

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Vietnam Set to Launch Second Metro Line in 2023, Underground Line Section Extended to 2027

As Vietnam's capital city looks towards a greener, more efficient future, the eagerly anticipated Nhon - Hanoi Station metro line promises to be a game-changer in urban transport. The elevated section of this revolutionary underground railway line is set to commence operations in 2023, a significant step towards easing traffic congestion and reducing emissions in the bustling city, according to th...

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