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ខ្មែរ 
China Delays Floating Nuclear Power Plant Project in South China Sea Citing Security Concerns
- 3 June 2023
China has opted to postpone its plans to construct a floating nuclear power plant in the South China Sea due to concerns over security, as reported by the South China Morning Post. Despite being poised for construction, the final approval to proceed with the nation's first floating nuclear power plant has been withheld by regulators. While the technology for building such a facility has been...
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9k Cambodian Tourist Influx Signals Promising Summer for Phu Quoc Island
- 3 June 2023
In a testament to the growing allure of Phu Quoc Island, located off Kien Giang Province in southern Vietnam, approximately 9,000 Cambodian tourists have flocked to its shores within the first five months of this year. This surge in Cambodian visitors highlights the potential of the Cambodian market for the island's tourism industry, as reported by the Vietnamese newspaper Tuoitrenews on May 31...
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Cambodia Witnesses Surge in Industrial Growth: Nearly 60 New Factories Registered in 2023
- 2 June 2023
In a remarkable display of industrial expansion, the Ministry of Industry, Science, Technology and Innovation has registered an impressive 58 new industrial plants as of May 2023. This development propels the total number of operational industrial factories in Cambodia to a noteworthy 1,999. Highlighting the robust performance of the industrial sector, HE Heng Sokkung, Secretary of State and Sp...
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Chinese Real Estate Market Faces Strain in May, Experts Caution
- 2 June 2023
Amidst growing concerns, the Chinese real estate market experienced a tense period in May 2023, as indicated by a report from the US-based China Beige Book. Despite a surge in prices in April, housing sales in China witnessed a decline, as revealed by a survey of 1,085 business research companies conducted from 18th to 25th May. The report highlights a significant drop in both prices and tradin...
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Efficiency Enhanced: Port EDI System Mandated for Ships Entering Cambodian Ports
- 2 June 2023
Cambodia government has recently implemented a significant regulatory measure, mandating that all ships entering Cambodian ports, including the Phnom Penh Autonomous Port, Sihanoukville Autonomous Port, and other ports, must apply for a permit through the Port Electronic Data Exchange (Port EDI) system. This initiative, established under Sub-Decree No. 112 issued on 1st June 2023, aims to strea...
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Cambodia Securities Exchange Flourishes with Nine Companies Accumulating US$1.8 Billion in Capital
- 2 June 2023
As of the conclusion of the first quarter of 2023, the Cambodia Securities Exchange (CSX) proudly showcases a robust lineup of nine companies, collectively boasting an impressive capitalization of 7.61 trillion riels (equivalent to US$1.88 billion). These figures are derived from the recently published securities trading data bulletin for the first quarter of 2023, highlighting the remarkable grow...
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WANLI TIRE, A Giant company from Guangzhou China, Explores Lucrative Investment Prospects in Cambodian Tire Production
- 1 June 2023
In a significant move that could boost Cambodia's manufacturing market, WANLI TIRE CORPORATION LIMITED, a prominent tire manufacturer based in Guangzhou and Hebei, People's Republic of China, has expressed keen interest in investing in tire production within Cambodia. During a meeting held on May 30, 2023, HE Chea Vuthy, Deputy Secretary General of the Cambodian Investment Committee / Cambodian...
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Cambodia Attracts Major Investments: Electric and Office Furniture Factories Set to Boost Economic Growth
- 1 June 2023
In a significant development for Cambodia's industrial landscape, the Council for the Development of Cambodia (CDC) has granted investment project registration certificates to three companies, signaling a combined investment worth US$23.2 million. The Board of Investment of Cambodia, under the CDC, announced these investments in Svay Rieng and Sihanoukville on May 30, 2023. Among the notable pr...
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IFC Initiates Study for Sihanoukville Logistics Center, Paving the Way for Enhanced Trade Connectivity in Cambodia
- 1 June 2023
The Sihanoukville Logistics Center (SLC) project is set to transform trade and logistics in Cambodia, with the International Finance Corporation (IFC) of the World Bank leading the study. Following signing an agreement with the Ministry of Public Works and Transport in April, the project is on track for completion by the end of November. In a recent meeting held on 1st June 2023, the IFC commen...
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S. Korea and Cambodia Forge Stronger Partnerships in Logistics Development
- 1 June 2023
South Korea is set to bolster its collaboration with Cambodia in advancing the development of the logistics sector, with a focus on attracting Korean investors to the Kingdom. This vision was discussed during a meeting between HE Sun Chanthol, Minister of Public Works and Transport, and HE Park Jung-Wook, the newly appointed Korean Ambassador to Cambodia, on 31st May 2023. HE Park Jung-Wook adm...
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Cambodia-Korea Collaborate to Enhance Border Infrastructure Development at Tro Pang Sre
- 1 June 2023
The Ministry of Public Works and Transport, in partnership with the UCAK International Building Association (ICAK) and the Ministry of Land, Infrastructure and Delivery of the Republic of Korea (MOLIT), has embarked on a significant project aimed at advancing border infrastructure at Tro Pang Sre. This collaborative effort between Cambodia and Korea seeks to bolster operational capacities at the g...
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GOV’t Initiates Temporary Steel Bridge Project to Enhance Connectivity between Chak Angre and Prek Pra
- 31 May 2023
The Phnom Penh Municipal Administration has unveiled an ambitious plan to construct a temporary steel bridge, linking the Chak Angre and Prek Pra areas. This strategic move aims to facilitate seamless movement for residents while awaiting the government's loan approval from China for the construction of a permanent bridge across the Bassac River. The announcement was made by Samdech Hun Sen, Pr...
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