Cambodia Partners with Global Institutions to Pioneer Energy-Efficient Building Designs
In a bid to reduce GHG and combat global warming, Cambodia is collaborating with international experts to develop building strategies that minimize the use of air conditioning systems. This initiative, reported by Radio National of Cambodia on 14 May 2024, involves key ministries and institutions in Cambodia working closely with international organisations. The Ministry of […]
Read More
Korean Firm to Transform Waste into 24 Megawatts of Electricity Daily in Cambodia
Korean company Hyuckjin Energy Plant Engineering plans to deploy its cutting-edge technology to convert waste into electricity in Cambodia, aiming to generate at least 24 megawatts of power daily from 100 tons of waste. This initiative was discussed during a meeting between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council […]
Read More
Cambodia Unveils Four Key Measures & New App to Safeguard Over 7m Hectares of Natural Areas
Cambodia’s Ministry of Environment is set to revolutionise natural resource management with the development of a smartphone application and the implementation of four pivotal measures aimed at enhancing the protection of the country’s 73 protected areas, covering approximately 7.46 million hectares—equivalent to 40% of Cambodia’s total land area. This announcement was made by HE Eang […]
Read More
MinebeaMitsumi to Invest Over US$320m in Expanding Operations in Cambodia & Thailand
Japanese electronics supplier MinebeaMitsumi has announced plans to invest 50 billion yen (US$321 million) to build a new factory in Cambodia and expand a solar power plant in Thailand. This report was published by NIKKEI ASIA on 10 May 2024. MinebeaMitsumi will allocate 32 billion yen (over US$205 million) to construct a new factory in […]
Read More
Cambodia’s Wetlands, Covering 30% of the Country, Crucial for Migratory Birds
Cambodia boasts approximately 30% of its total area as wetlands, providing crucial habitats for migratory birds. This announcement was made by HE Khvay Atiya, spokesperson for the Ministry of Environment, on Migratory Bird Day 2024, celebrated globally in the second week of May. HE Khvay Atiya highlighted the essential role of insects as the primary […]
Read More
China Commits Up to US$100m for Advanced Water Purification in Cambodia
Hainan Litree Purifying Technology Co., Ltd. from China has announced plans to invest between US$50-US$100 million in Cambodia’s water sector over the next three to five years, focusing on water purification products using UF membrane technology. This announcement was made during a meeting between Dr Cai Yunlong, CEO of Hainan Litree Purifying Technology Co., Ltd., […]
Read More
Japan Initiates Flood Risk Mitigation Project in Cambodia with Specialised Mapping
Japan’s Ministry of Land, Infrastructure, Transport, and Tourism has embarked on a significant initiative aimed at providing specialised flood risk maps to Cambodia, Indonesia, Thailand, and Vietnam by the year 2025. This endeavour seeks to equip these Southeast Asian nations with crucial tools to mitigate the risks associated with flooding and minimise water-related damages. The […]
Read More
Indonesian President Inaugurates ASEAN’s Largest Digital Testing Centre Worth US$61m
Indonesian President Joko Widodo has officially opened the US$61 million Indonesia Digital Testing Centre (IDTH), the largest and most advanced digital and telecommunications testing facility in Southeast Asia. The inauguration took place on 7 May 2024, as reported by Antaranews. President Jokowi emphasised the significance of IDTH as a pivotal institution showcasing Indonesia’s digital prowess […]
Read More
Cambodia Attracts US$309m in Investments with 22 New Projects in April
In April 2024, Cambodia witnessed a surge in investment activity as the Council for the Development of Cambodia (CDC) greenlit 21 fresh investment ventures alongside one expansion project, collectively valued at an impressive US$309 million. This influx of investment is poised to generate approximately 23,000 employment opportunities, marking a significant boost to the country’s economic […]
Read More
Cambodia’s Trade Surges: Exports & Trade Volume Reach Record Highs
Cambodia has witnessed a remarkable surge in its trade volume and exports during the first four months of 2024, with trade volume exceeding US$16 billion, marking an impressive growth of nearly 12%. This growth trend was paralleled by a corresponding rise in exports, also reaching nearly 12%. The Minister of Commerce, Lok Chumteav Chamnimol, unveiled […]
Read More
Kratie Authority Halts Illegal Land Sales & Confiscates Forest Encroachments
The Kratie Provincial Administration has taken decisive action to revoke all transactions involving forest land within protected areas, as announced on 6 May 2024. In response to persistent encroachments observed over the years, including unauthorised cultivation, construction, and fencing, the provincial authorities have moved swiftly to address the issue. Despite repeated preventative measures since 2019, […]
Read More
Gov’t Implements Measures to Enhance Sub-National Expenditure Efficiency by 2024
In a bid to streamline fiscal management at the sub-national level, the Cambodian Ministry of Economy and Finance (MEF) issued a pivotal circular on May 7, 2024. The directive mandates prudent budgetary practices across all sub-national administrations, emphasising the need to curb unnecessary local development initiatives. Under the circular’s provisions, capital-provincial administrations are instructed to […]
Read More