Kampot Unveils Cambodia’s Tallest & Largest Khmer-Style Clock Tower to Boost Tourism
Kampot province has unveiled Cambodia’s tallest and largest clock tower, standing at 35 metres high, with a clock face nearly 10 metres in diameter. This impressive structure, designed in traditional Khmer style, was officially launched during the groundbreaking Ceremony, attended by HE Dr Mao Thunin, Governor of Kampot Province, and Lok Chumteav Hun Chanthy Mao […]
Read More
Irrigation Rehabilitation Project in Southwest Phnom Penh Reaches 25% Completion
The extensive rehabilitation project aimed at enhancing the irrigation and drainage systems in Kampong Speu, Takeo, and Kandal provinces has reached 25% completion, as confirmed by HE Pich Veasna, Undersecretary of State at the Ministry of Water Resources and Meteorology, on 22 August 2024. This milestone was announced during an inspection of the project’s progress, […]
Read More
Cambodia Emerges as World’s Second-Largest Producer of Cashew Nuts with Over 830,000 Tons Harvested
Cambodia has established itself as the world’s second-largest producer of cashew nuts, surpassing India and now trailing only Côte d’Ivoire. In the first seven months of 2024, Cambodia harvested over 830,000 tons of cashew nuts, with more than 780,000 tons exported to Vietnam, generating over USD 1 billion in revenue. This milestone, reported by the […]
Read More
Sembcorp Targets Low-Carbon Leadership with Bold Industrial Park Expansion Across Asia Eyeing Vietnam & Indonesia First
Sembcorp Industries (Sembcorp) is set to lead the development of low-carbon industrial parks in Asia, with a strategic plan to expand its land bank to 18,000 hectares by 2028 and boost its industrial property portfolio from 100,000 square metres to 1.5 million square metres. With Vietnam and Indonesia presenting robust growth opportunities due to strong […]
Read More
NR No. 48 Upgrade Achieves 64% Completion with Targeted Finish by May 2025
The rehabilitation and upgrading of NR No. 48, a crucial 148 km stretch from Sre Ambel to Koh Kong, has reached 64.05% completion, marking significant progress in the project aimed at enhancing connectivity in the province. This milestone was highlighted during the 5th Joint Monitoring Meeting by His Excellency So Vector, Secretary of State of […]
Read More
Key Roads in Kratie Province Near Completion with 68.7% Progress Across 48.59km
The rehabilitation of two vital roads in Kratie province, extending over 48.59 kilometres, has reached a 68.7% completion milestone as of 19 August 2024, marking significant progress in the province’s transportation infrastructure upgrade, according to a progress report by the Ministry of Public Work and Transport dated 19 August 2024. This project includes extensive improvements […]
Read More
Chinese Association Proposes New SEZ on 32 Hectares in Takeo Province
The Chaosan Chinese Business Association has proposed the establishment of a new Special Economic Zone (SEZ) on a 32-hectare site in Bati district, Takeo province, with the primary objective of creating job opportunities for the local population. This initiative was discussed during a meeting between HE Vy Samnang, the Governor of Takeo Province, and Mr. […]
Read More
Laos Launches Gold Bank to Strengthen Financial Stability & Support Lao Kip
Laos is set to launch its first Gold Bank next month, an initiative aimed at bolstering gold reserves and enhancing the financial stability of the Lao Kip. The establishment of the “Lao Bullion Bank” is a result of a recent agreement between the Lao Ministry of Finance and PTL Holding Co., Ltd., with the full […]
Read More
Singapore Invests USD 400m in Cambodia Over Five Years
Over the past five years, Singapore has emerged as one of the top 10 sources of foreign direct investment (FDI) in Cambodia, with a total investment of USD 400 million, according to the Council for the Development of Cambodia (CDC). This significant influx of capital was highlighted at the Singapore Business Fair 2024, underscoring Singapore’s […]
Read More
Ground Broken on Cambodia’s First Electric Truck Assembly Plant in Pursat
Cambodia has embarked on a significant step towards green technology with the commencement of construction of the ZO Motors (Cambodia) Co., Ltd. electric vehicle assembly plant in the Krakor Special Economic Zone, Pursat Province. Spanning 10 hectares, the plant will assemble electric vehicles for freight and household businesses, catering to both the domestic market and […]
Read More
Luang Me Hospital, Cambodia’s Largest Oncology Facility, to Begin Operations in September 2024
The highly anticipated Luang Me Hospital, one of Cambodia’s largest oncology hospitals, is set to open its doors in September 2024, following the completion of extensive construction, renovation, and infrastructure improvements. This update was confirmed by HE Dr Ngov Kang, Secretary of State at the Ministry of Health and Chairman of the Board of Luang […]
Read More
Kep Becomes First province Achieving 100% Land Registration, Set to Distribute Remaining 10,000 Titles by Year-End
Kep province has become the first in Cambodia to complete 100% of its land registration, with authorities pledging to distribute the remaining 10,000 land titles by the end of 2024. The Kep Provincial Department of Land Management, Urban Planning, Construction, and Cadastral Affairs, led by Director Soth Puthimanin, reported that over 50,000 land plots have […]
Read More