Germany Provides USD 3.12m for Cambodia’s Demining Operations in Two Provinces
Germany has granted USD 3.12 million to support Cambodia’s demining operations in Banteay Meanchey and Oddar Meanchey provinces. The funds, allocated through the Norwegian People’s Aid (NPA), were announced during a meeting on 4 September 2024 between HE Heng Ratana, head of CMAC, and Mr Hans Risser, NPA President in Cambodia. The grant, covering a […]
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Cambodia’s Cashew Sector Flourishes with Over 580k Hectares of Plantations and 839k tons, a 36% increase, in 2024
Cambodia’s cashew industry has reached new heights, with more than 580,000 hectares of cashew plantations nationwide, yielding an average of 1.5 tons per hectare. This key development was highlighted by PM Samdech Hun Manet, who announced on 12 September 2024 that cashew farming is one of Cambodia’s strategic agricultural sectors. During the first seven months […]
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Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and HE Kim Jin-pyo, former Speaker of the National Assembly of the Republic […]
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Chinese Wanli Stone Eyes Investment in SEZ with Ambition to Expand Marble Business in Cambodia
China’s Wanli Stone, currently operating a thriving marble and granite business in Kampong Speu province, is exploring further investment opportunities in Cambodia with plans to develop a special economic zone (SEZ). This announcement followed a meeting on 8 September 2024 between HE Sun Chanthol, Deputy PM and first Vice President of the Council for the […]
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GGear Group Joins Forces with LG Electronics to Bring State-of-the-Art Smart Homes Technology to Cambodia
GGear Group has officially partnered with LG Electronics to introduce advanced LG ThinQ technology in Cambodia, showcasing the latest innovations in smart home solutions. The collaboration was highlighted during LG ThinQ Day, where LG’s newest smart home products and features were presented, transforming how Cambodians will interact with technology at home. The LG ThinQ App […]
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South Korea’s Mugungwha Trust Targets Investment in Cambodia’s Expanding Trust Sector
Mugungwha Trust Co., Ltd., a leading South Korean trust company, has announced plans to invest in Cambodia’s trust sector, aiming to contribute to the country’s economic growth and sector expansion. The company’s President, Mr. Oh Chang-seok, expressed this commitment during a meeting with Samdech Techo Hun Sen on 10 September 2024 in Seoul, Republic of […]
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Leading Chinese Firm Eyes Major Investment in Cambodia’s Agriculture & Livestock Sector
Shan Cun Group, one of China’s largest agricultural investors, has revealed plans to explore significant investments in Cambodia’s agriculture and livestock sectors. This announcement was made during a meeting on 5 September 2024 between HE Yun Heng, Deputy Secretary General of the Cambodian Investment Committee, and a delegation from Shan Cun Group. During the meeting, […]
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Kazakhstan Eyes Boost in Trade with Cambodia, Targeting USD 300m Milestone
Kazakhstan has announced an ambitious plan to expand its trade with Cambodia to USD 300 million, with a longer-term goal of reaching USD 1 billion. This development followed a high-level meeting between former Prime Minister Samdech Hun Sen and His Excellency Kanat Tumysh, the newly appointed Ambassador of the Republic of Kazakhstan, on 5 September […]
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SHV’s New 253-Metre Container Port Inaugurated with Japanese Aid
A new 253-metre-long container terminal at Sihanoukville Autonomous Port was officially inaugurated on 12 September 2024, marking a significant expansion for Cambodia’s primary port. Attended by PM Samdech Hun Manet, the ceremony highlighted the terminal’s modernized capabilities. The port now includes advanced container lifts and loading equipment, boosting the port’s capacity from 550,000 TEU to […]
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South Korea’s Yurahanes Invests USD 15m to Expand Car Electronics Assembly Plant in Kampong Speu
South Korean company Yurahanes (Cambodia) is set to expand its car electronics assembly plant in Kampong Speu province, following an investment of over USD 15 million. The factory, which employs 1,200 workers, including seven foreign specialists, was inaugurated under the presidency of HE Deputy PM Hun Many on 26 April 2023. The plant is located […]
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Cambodia Approves USD 1.2bn in Investments for 53 Projects in August, Creating Over 33,000 Jobs
In August 2024, the Council for the Development of Cambodia approved 53 new projects, amounting to over USD 1.2 billion in investments, set to create more than 33,000 jobs nationwide. Of these, 46 projects are new investments, while seven are production expansion initiatives. A total of 31 projects will be developed outside Special Economic Zones […]
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Cambodia Boosts Agro-Industry with USD 342m Investment in 19 Large-Scale Rice & Grain Mills
Cambodia has significantly expanded its agro-industrial sector with the establishment of 19 large-scale rice and grain mills, backed by an investment of over USD 342 million, as announced by HE Hem Vanndy, Minister of Industry, Science, Technology, and Innovation. In addition, there are 19,570 small and medium-sized rice mills across the country, collectively representing an […]
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