Australia’s Plus94 Fund Explores Investment in Business Support Centre in Cambodia
In a move indicative of expanding global business interests, Australia’s Plus94 Fund is contemplating an investment in a business operations support centre within Cambodia. The revelation surfaced during a high-profile meeting between Samdech Hun Manet, Cambodia’s Prime Minister, and Mr. Arj Samarakoon, the Executive Director and Founder of Plus94 Fund. This discussion transpired on the […]
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Nominations for the 2024 Going Digital Awards in Infrastructure are Now Open
Tell Your Story to A Global Audience! Project nomination submissions are now open! deadline to submit is April 15 Bentley Systems is thrilled to announce the call for nominations for the esteemed 2024 Going Digital Awards in Infrastructure celebration in Vancouver, Canada. This prestigious accolade celebrates the innovative advancements and excellence within the infrastructure sector, […]
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PPWSA Seeks Understanding from the Public When Bak Kheng 2 Water Treatment Plant Unveiled on 3 March
In a significant stride towards enhancing water supply infrastructure, the Bak Kheng Phase 2 Water Treatment Plant, alongside a monumental 2,000mm diameter water pipeline beneath the Tonle Sap, is set to commence operations at midday on 3 March 2024. This pivotal project, orchestrated by the Phnom Penh Water Supply Authority (PPWSA), aims to bolster water […]
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Cambodia Targets June Deal for Funan Techo Canal Construction with Chinese Firm
In a strategic move to advance the Funan Techo Canal project, the Cambodian government is intensifying efforts to finalize negotiations and sign a concessional agreement with a Chinese company for the commencement of construction. Highlighting the project’s high priority, HE. Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development […]
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Cambodia-US Trade Volume Surges to US$626m, Nearly 8% Increase, in January 2024
In a significant leap forward for bilateral trade relations, Cambodia and the United States witnessed a 7.74% increase in their trade volume, reaching an impressive US$626 million in January 2024, up from US$581 million in the same month the previous year. This notable growth was highlighted by HE Buon Sarak Mony, Secretary of State of […]
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Gov’t Prioritises 50C Road & Cambodia’s Longest Bridge Project Crossing Tonle Sap River in 2024
In a strategic move poised to redefine Cambodia’s infrastructure landscape, the Ministry of Public Works and Transport (MPWT) has earmarked the construction of the National Road 50C, a pivotal link between Kampong Chhnang and Kampong Thom, for commencement in 2024. This announcement was made at the culmination of the MPWT’s annual meeting on 29 February […]
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GGEAR Group & LG Electronics Unveil Advanced 2024 Business & Residential AC Solutions
GGEAR Group, in partnership with LG Electronics, recently hosted the “LG Showcase 2024” at the Hyatt Regency Hotel Phnom Penh. The event, held on 29 February 2024, marked a significant milestone in the introduction of LG’s 2024 series of electronics to the Cambodian market, specifically targeting the sophisticated needs of modern homes and businesses through […]
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Cambodia Crowned Asia’s Top Cultural Tourism Destination for 2023
In an illustrious recognition of its rich cultural heritage, Cambodia has been named Asia’s leading cultural tourism destination for the year 2023, the Ministry of Tourism of Cambodia confirmed on 28 February 2024. This prestigious accolade was awarded by the World Travel Awards, known globally for its critical assessment and acknowledgement of excellence in the […]
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PATA Advocates for Tranquillity: Plans for a Meditation Centre Unveiled in Stung Popok, Koh Kong Province
In a groundbreaking move to promote ecotourism, religious tourism, and nature conservation, the Cambodia Asia Pacific Tourism Association (PATA) proposed the establishment of the Stung Popok Meditation Centre in Sre Ambel district, Koh Kong province. Highlighting the project’s potential to enrich local economies and lifestyles, Dr Thoun Sinan, Chairman of PATA, presented the initiative to […]
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Cambodia Greenlights 22 Investment Projects Worth US$444m in a 15-Day Spree
In a dynamic economic surge, the Council for the Development of Cambodia (CDC) has approved 22 new investment projects, amassing a staggering US$444 million in just 15 days during February. The industrial sector emerged as the primary recipient of these investments, with significant contributions, 15 projects, also flowing into infrastructure and agriculture. The CDC’s press […]
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Prime Opportunities Arise for Real Estate Investors as Cambodia Unveils Master Plan for Nearly 7,000km of Major Roads
With the recent release of a pivotal strategic document outlining a master plan for the transport and logistics sector, savvy real estate investors are poised to capitalise on the emerging opportunities within the development landscape. The Royal Government of Cambodia’s comprehensive master plan focuses on the road transport sector, detailing 94 road development projects with […]
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CDC Greenlights Nearly US$600m Investment Injection into Preah Sihanouk Province
The Council for the Development of Cambodia (CDC) has approved two investment initiatives totalling close to US$600 million, both slated for development in Preah Sihanouk province. The announcement comes following a CDC meeting convened on 28 February 2024. The first sanctioned project involves Ban Dao Investment Co., LTD, committing a capital investment of US$574 million. […]
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