Gov’t Approves Two Investment Projects Worth $US6M in Takeo and Kampong Speu

The Council for the Development of Cambodia (CDC) on May 20, 2022, approved a private company to invest in a total of 6.1 million US dollars in the construction of two factories in Kampong Speu and Takeo provinces. According to the investment request of the company, the Investment Committee of Cambodia of the Council for the Development of Cambodia decided to issue the investment project regist...

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Cambodia’s iron and steel imports worth US$119 million in four months

Cambodia imported iron and steel worth $119.72 million in the first four months of 2022, marking an increase of 19 percent over the $101 million recorded in the same period last year, according to Customs. This accounted for 1.192 percent of the Kingdom’s total goods imports over January-April, valued at $10.043 billion, statistics from the General Department of Customs and Excise (GDCE) of Cam...

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Angkor Botanical Garden Officially Opens in Siem Reap

The Royal Government has officially inaugurated the Angkor Botanical Garden to attract and show the potential of tourism in Siem Reap and for the benefit of the people and national and international tourists. The gardens were opened on 19 May by HE Chea Sophara, Deputy Prime Minister, Minister of Land Management, Urban Planning and Construction. Angkor Botanic Gardens has been improved and e...

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City Hall Asks France to Help Build Wastewater Treatment Plant in North-western Phnom Penh

Phnom Penh Municipality has asked France to help build another wastewater treatment plant in the northwest of Phnom Penh, as there are no wastewater stations in the area yet. This proposal was made in a meeting on 18 May 2022 between Phnom Penh Governor HE Khoung Sreng and HE Mr.Jacques Pellet, French Ambassador to Cambodia. HE Khoung Sreng said that JICA of Japan has helped to build several...

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India Plans to Connect to Cambodia by Highway

The Royal Government of Cambodia and the Government of India have discussed the implementation of the India-Myanmar-Thailand Expressway project and the expansion to Cambodia, Laos, and Vietnam. The discussions were held between Cambodian Prime Minister Samdech Techo Hun Sen and his Indian counterpart HE Narendra Modi via an online video on 18 May. During the meeting, the two sides stressed t...

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U.S. Makes US$150 Million Commitment to ASEAN

The United States has promised to spend US$150 million on Southeast Asian infrastructure, security, pandemic preparedness, and other efforts. The information was announced by U.S. President Joe Biden at the start of a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in Washington. Biden’s administration hopes the efforts will show the countries that Washington...

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JICA Completes Draft law on Wastewater System in Cambodia

The Japan International Cooperation Agency (JICA) has submitted a draft law on wastewater systems in Cambodia to the Ministry of Public Works and Transport, which the ministry considers a key input to this work. The handover ceremony took place on 16 May between HE Pal Chandara, Secretary of State of the Ministry of Public Works and Transport, and Ms. Miyahara Al, Senior Representative of JICA ...

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OCIC officially launches The Diamon Bay Garden Condo Project in Koh Pich

The Overseas Cambodian Investment Corporation (OCIC), the largest real estate developer in Cambodia, announced the official opening and sale of the Diamond Bay Garden, a 37-storey condominium project along the Mekong River, Koh Pich Island City, Phnom Penh. Charles Vann, Deputy General Director of Canadia Group and representative of Pung Kheav Se, Chairman of the Board of Overseas Cambodian Inv...

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Koh Kong has economic land concessions of 450,000 hectares

Koh Kong province has seven economic land concession companies covering an area of ​​44,177 hectares. According to the report on work review in 2021 and set objectives for the 2022 target, the Koh Kong Provincial Administration states that ELCs invest in eucalyptus trees, acacia trees, sugarcane, and rubber plantations. The area of ​​Greenwich Group Co Ltd, one of the seven companies, was pr...

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US$150M Co-Financing for Tourism Recovery

The Ministry of Economy and Finance has announced the implementation of the Tourism Recovery Co-Financing Scheme (TRCS) with a total budget of US$150 million to promote tourism as the COVID-19 crisis eases, according to a press release on 17 May 2022. The budget comes from the Royal Government’s contribution of US$75 million through SME Bank and participating financial institutions (PFIs) of US...

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Quarantine Centre in Battambang Province Officially Announced

A quarantine centre in Battambang province worth more than $US170,000 was officially inaugurated on 17 May 2022 in the presence of HE Sok Loo, Governor of Battambang, and Mr Nam Bok Huyn (Nam Bok Huyn) Director General of KOFIH. Korea. HE Sok Loo stated that at present the prevalence of the COVID-19 virus is much lower, and when no more quarantine is required, the centre will be used as a gener...

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MME Vows to Expand Electricity Supply Network to 98% by 2022

About 84% of the 2 million households in Cambodia have access to electricity, and by 2022, the national electricity supply network will reach 98%. This is according to the Minister of Mines and Energy, HE Suy Sem during the inauguration ceremony of the Director of the Department of Mines and Energy of Siem Reap Province on 17 May 2022. HE Suy Sem said that per this energy supply policy, Camb...

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