Indonesian Investors Show Interest in Cambodia’s Investment Opportunities with US$69M Proposals

Cambodia is attracting new foreign investment from Indonesia, with proposals for 22 projects worth about US$69 million in industrial, agricultural, and service sectors. The Council for the Development of Cambodia confirmed the proposals on 3 April 2023, following a courtesy call between HE Sok Chenda Sophea, Minister Delegate to the Prime Minister, Secretary General of the Council for the Developm...

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Kratie Province to Receive $40 Million for 3 Roads Upgrade

Kratie province is set to receive a major infrastructure boost with the announcement of a new road upgrade project worth $40 million. The project will see the rehabilitation, expansion, and upgrading of three sections of roads, spanning more than 98 km. A groundbreaking ceremony was held on 4 April 2023, to mark the beginning of the construction. According to the project plan, NR73, Provincial ...

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Kampong Speu to Welcome 10 Hong Kong Companies, Generating Over 10,000 Jobs

Kampong Speu province is set to welcome at least 10 companies from Hong Kong in the near future, according to HE Vy Samnang, the Governor of Kampong Speu, in a Facebook post on 2 April 2023. The companies will invest in the clothing, shoes, and bags industry, generating more than 10,000 job opportunities for the locals. Apart from the clothing industry, some companies also expressed their inter...

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Angkor Wat’s Q1 2023 Ticket Sales Surpass US$11M

The Angkor Archaeological Park has seen a surge in foreign visitors, with over 236,000 recorded in the first three months of 2023, according to a news release by state-owned Angkor Enterprise on 1 April 2023. The park has generated over US$11.13 million in ticket sales revenue for the same period, marking a remarkable 1,265% increase compared to the first quarter of last year. Angkor Enterprise...

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Borey Peng Huoth will hold a big celebration on Khmer New Year in Peng Huoth Boeung Sno

To celebrate the traditional Khmer New Year, Borey Peng Huoth organized an event called Peng Huoth Sankranti, which will be held on April 14th, 15th and 16th, 2023, from 9 am to 9 pm in PH Euro Euro Park in Borey Peng Huoth Grand Star Platinum (Boeung Sno) project. The event promises the scenery of a traditional art festival, and classic dance, including traditional and contemporary concerts an...

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Laos to become major exporter of electricity in ASEAN

Laos has been becoming a major source of electricity in ASEAN as it has been selling electricity to its neighbouring countries on a large scale. Laos earned more than 1.76 billion USD from electricity export in 2022, up 7.5% from last year, the country's media reported. For 2023, the Lao Government has set a target of generating at least 51,134 million kWh, equivalent to more than 41.32 trillio...

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Modern Kroch Chhmar District Referral Hospital officially inaugurated

The modern Kroch Chhmar District Referral Hospital was inaugurated under the presidency of Prime Minister Hun Sen, on 3 April 2023.  This hospital is a gift from Prime Minister Hun Sen and his wife Bun Rany Hun Sen, with construction management under Minister of Land Management, Urban Planning, and Construction HE Chea Sophara. Located in Khsach Pracheu Leu village of Tbong Khmum province’s Kro...

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PM: Cambodia needs to build a giant hospital with 10k beds to prevent Social Health risk

Prime Minister Hun Sen has urged the construction of a mega-hospital with more than 10,000 beds to strengthen Cambodia's health system and prevent social health risks. Speaking at the National Institute of Business (NIB) on March 30, 2023, where he awarded certificates and diplomas to over 6,000 students, the Prime Minister highlighted the need for the hospital as a response to concerns raised by ...

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Loose Regulations Blamed for Recent Residential Construction Suspensions

The recent suspension of several Borey residential projects in Phnom Penh due to financial and contract issues has raised concerns about the loose regulations governing the real estate market in Cambodia. As a result, buyers have gathered on the public street, protesting for justice. While some have expressed fears that the suspensions may spread and affect the entire local market, experts beli...

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Techo Int’l Airport construction progress reaches 44% completion

The construction of Phnom Penh’s Techo International Airport has reached over 44% completion, according to HE Nou Peng Chandara, Deputy Governor of Kandal Province. Speaking at a press conference on “Five Years of Success of Kandal Provincial Administration” on 30 March 2023. HE Chandara provided an update on the settlement of land disputes, saying that the authorities are currently working to ...

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Fairfield Bay Marriott Phnom Penh Officially Launches: The Ultimate in Luxury Hospitality

The Fairfield Bay Marriott Phnom Penh, a four-star luxury hotel, was officially launched on 31 March 2023, at the 45-storey Chip Mong Tower. The inauguration was presided over by HE Dr. HUN Manet and Lok Chumteav Dr Pich Chan Mony, and attended by more than 700 distinguished guests. The opening ceremony was graced by the Chairman of the Board of Directors of Chip Mong, Duke Leang Khun, who expr...

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Gov’t approves 5 energy investment projects with a total capacity of 520 MW

The Government of Cambodia has approved five renewable energy investment projects with a total capacity of 520 megawatts to increase the power supply to the national grid and contribute to reducing the use of carbon dioxide and ensuring the environment, and natural resources. The renewable energy projects were approved agenda of five renewable energy projects for discussion and approval in the ...

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