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ខ្មែរ 
Why Would a 10-Year Golden Visa for Investors Not Popular?
- 12 May 2023
Since its launch last year, Cambodia's 10-year golden visa, designed to entice foreign investors, has struggled to gain traction. Industry experts attribute this lukewarm response to the existence of easier and more cost-effective visa alternatives available to investors. Introduced on July 22, 2022, the long-term visa program is was created with the aim of attracting executives, professionals,...
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GGGI Collaborates to Develop Low-Carbon Transport Strategy for Cleaner Air in Siem Reap
- 12 May 2023
The Global Green Growth Institute (GGGI) has embarked on a collaborative endeavor to establish a roadmap for a low-carbon transportation strategy aimed at combating air pollution in Siem Reap. The project, launched on 5th April 2023 and supported by the French Development Agency (AFD), spans a duration of two years. An integral component of this initiative involves the preparation of an emissio...
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World Bank Commits $60 Million to Enhance Solid Waste and Plastics Management in Cambodia
- 11 May 2023
The World Bank Board of Executive Directors has granted approval for a significant $60 million credit from the International Development Association to support Cambodia in improving its solid waste and plastic management systems. This vital project will also receive co-financing of $3 million from the PROBLUE Trust Fund. In an official press release issued on 11th May, the World Bank highlighte...
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Kep Authorities Set to Construct New Cargo Port, With Completion of White Horse Port Nearing
- 11 May 2023
Kep provincial authorities have unveiled plans to embark on the construction of a state-of-the-art cargo port, valued at over US$ 1 million, while also nearing the completion of the White Horse Port, which is currently 70% finished. These significant developments were announced by HE Som Piseth, Governor of Kep Province, during a press conference highlighting the "Success in the past 5 years" of t...
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Urbanland Celebrates 10 Years of Success
- 11 May 2023
Urbanland, the home-grown development company known for its innovative and inspiring spaces, is celebrating its 10th anniversary this year. Since its inception in 2013, the company has successfully delivered a variety of award-winning projects, including Embassy Residences, Embassy Central, Raintree, Treeline Hotel, KMH Park, and K Mall. Though its iconic projects have become landmarks in P...
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Chinese Experts to Assess Potential for New Energy Power Plants in Sihanoukville and Koh Kong Provinces
- 11 May 2023
At the end of May 2023, a team of Chinese experts from the China Development Institute (CDI) will embark on a visit to Sihanoukville and Koh Kong provinces, with the aim of exploring opportunities for the construction of new energy power stations, focusing on solar and wind energy. This significant development was announced by Mr Ouk Pheaktra, Deputy Governor of Koh Kong Province, following his...
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TRCS Co-Financing Supports 346 Tourism Businesses with $53.46 Million
- 11 May 2023
A total of 346 tourism businesses have received $53.46 million in financing as part of the Tourism Restoration and Growth Sector (TRCS) co-financing project, as of 30th April 2023, according to the Small and Medium Enterprise Bank of Cambodia (SME Bank of Cambodia) on 5th May 2023, The funding disbursed accounts for US$ 53.46 million, or 35.64% of the total budget allocated for the TRCS project...
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PM Hun Sen urges Timor-Leste to set up more factories in Cambodia to maintain their food security
- 10 May 2023
PM Hun Sen reiterated that he urges Timor-Leste to invest in establishing a rice mill in Cambodia to maintain food security in their country, while Cambodia has also strongly helped Timor-Leste in the agricultural sector. Recently, PM has already confirmed to Timor-Leste that he will send agricultural experts to inspect the land situation to help agricultural production in East Timor. (Read mor...
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Cambodia Seeks Vietnam’s facilitation in Power Line Connection from Laos to Singapore
- 10 May 2023
PM Hun Sen of Cambodia urged PM Pham Minh Chinh of the Socialist Republic of Vietnam to collaborate in facilitating the connection of power lines from Laos for electricity transmission to Singapore. The request was made during a bilateral meeting at the 42nd ASEAN Summit held in Labuan Bajo, Republic of Indonesia, on 9th May 2023. In the meeting, PM Hun Sen expressed Cambodia's intention to pur...
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Techo Santepheap National Hospital Nears Completion, Set to Open in June
- 10 May 2023
The highly anticipated Techo Santepheap National Hospital, a groundbreaking healthcare facility in Cambodia, is nearing completion, with construction progress reaching an impressive 85-90%. The hospital is slated to be finalized by the end of May and is scheduled for inauguration in June 2023. Dr. Yok Sambath, Permanent Secretary of the Ministry of Health and Chairman of the Hospital's Board, p...
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Cambodia and Vietnam Forge Closer Tourism Ties with Feasibility Study to Connect Phu Quoc and Key Cambodian Destinations
- 10 May 2023
In a landmark development for regional tourism, Cambodia and Vietnam have embarked on a joint feasibility study to establish connectivity between the idyllic island of Phu Quoc (or Koh Tral) and two prominent tourist destinations in Cambodia. This significant agreement was formalized through the signing of a Memorandum of Understanding between the Ministry of Tourism of Cambodia and the Ministry o...
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Groundbreaking Ceremony Marks Commencement of US$138 Million Tire Factory Construction in Kratie
- 9 May 2023
In a momentous occasion for the industrial landscape of Kratie province, the construction of NEWBUSTAR (Cambodia) Tire Co., Ltd's state-of-the-art car tire factory, with a staggering investment of US$138 million, officially commenced on 9th May 2023. The auspicious groundbreaking ceremony, graced by the presence of HE Wat Thorn, the esteemed Governor of Kratie Province, and Mr. Chhay Yon Son, P...
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