Major Investment Boost for Cambodia’s Oil Refining Sector

  In a promising development for Cambodia's energy sector, three Chinese companies have recently unveiled plans to invest in the nation's crude oil refining industry. This significant step is poised to enhance Cambodia's energy independence while driving economic growth. Beijing Scitech Holdings Co., Ltd., Guanzun Energy Investment Co., Ltd., and now Beijing Sainte Holding Co., Ltd., ha...

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Ministry of Environment to Distribute 3 Million Saplings in Cambodia’s Green Initiative

In a significant move towards enhancing the country's green cover, the Ministry of Environment has announced plans to distribute an additional 3 million saplings to citizens. This initiative aims to bolster Cambodia’s efforts in combating climate change and achieving carbon neutrality by 2050. During a meeting with Ms. Bridgette Walker, Chargé d’Affaires of the US Embassy, and Ms. Kerry Pelzman...

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Phnom Penh International Airport to Close Permanently as Techo International Airport Prepares to Open

In a significant development for the nation’s aviation sector, the Takhmao Techo International Airport is set to officially open on 10 July 2025, with construction currently over 96% complete. The ambitious project, with a total investment of approximately USD 1.6 billion, signifies a major leap forward in Cambodia's infrastructure. HE Sin Chansereyvutha, Secretary of State and Spokesperson for...

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Investment Surge in Cambodia: 13 New Projects Proposed

In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signalling a potential boost to the nation’s industrial landscape. During a meeting held on 12 May, HE Chea Vuth...

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Yazaki Expands Investment Plans in Cambodia

  Yazaki Corporation, a renowned Japanese firm specializing in wire assembly, has announced its ambitious plans to further expand its investment in Cambodia. This move comes as the company celebrates over a decade of successful operations in the country. During a recent meeting, Mr. Yoshimoto Ito, the Deputy CEO of Yazaki, discussed these expansion plans with HE Chea Wutty, Secretary Ge...

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Plan International Reaffirms Commitment to Water and Sanitation Initiatives in Cambodia

  Plan International has announced a renewed commitment to enhance rural water and sanitation projects in Cambodia, pledging to invest USD 30 million over the duration of a 24-year cooperation agreement that spans from 2003 to 2027. The announcement was made during a pivotal meeting between Ms. Gwynneth Wong, Country Director of Plan International in Cambodia, and HE Chhay Rithsen, the ...

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Ministry of Tourism to Transform Birthplace of Samdech Techo Hun Sen into Historical Site

The Ministry of Tourism is set to embark on an ambitious project to convert the birthplace of Samdech Techo Hun Sen into a historical site. This initiative aims to preserve the legacy of the former Prime Minister for future generations and has garnered strong support from Samdech Men Sam An, the King's Personal Advisor. During a visit to Peam Krao village in the Peam Koh Sna commune of Stung Tr...

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Cambodia’s Tax Revenue Shows Strong Performance in Q1 2025

In a strong financial showing, Cambodia's General Department of Taxation announced the collection of USD 1.25 billion in taxes during the first quarter of 2025. This amount reflects a robust contribution from various sectors, with stamp duty accounting for nearly 3% of the total. According to a report released on 8 May, the department collected approximately 5,082 billion riels, equivalent to a...

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Cambodia Should Navigate Rising Global Uncertainty with a Multifaceted and Coordinated Policy Strategy

Cambodia’s economic growth accelerated to 6.0 percent in 2024 from 5.0 percent in 2023, driven by a strong rebound in the garment sector. However, in light of unexpectedly high US tariffs, growth is expected to decelerate to 4.9 percent in 2025, due to its heavy reliance on exports to the US. A coordinated and multifaceted policy, including targeted fiscal support and diversification of markets an...

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Laos Commences Construction of USD 360 Million Hydropower Dam for Electricity Export to Vietnam

On 29 April 2025, Laos officially marked the ground-breaking of the Nam Neun 1 hydropower dam, a significant project with a planned capacity of 124 megawatts. With an investment of approximately USD 360 million, this facility is set to primarily supply electricity to Vietnam. The ceremony was attended by prominent officials, including HE Sonexay Siphandone, Prime Minister of Laos, and HE Phosay...

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Cambodia & Malaysia Forge Stronger Trade Relations with New MOU

In a significant step towards enhancing economic collaboration, Cambodia and Malaysia have signed a memorandum of understanding (MOU) aimed at boosting trade and investment between the two nations. This landmark agreement was finalised during discussions on 6 May 2025, involving representatives from the Cambodian Chamber of Commerce and the Malaysian China Chamber of Commerce and Industry. The ...

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Malaysian Companies Eye Investment in Cambodia’s Ports & Wastewater Treatment Sectors

Two prominent Malaysian firms, Malakoff Corporation Berhad (MCB) and GAEA PLC (Global Action for Environment Awareness Public Limited Company), have expressed interest in exploring investment opportunities in Cambodia's ports and wastewater treatment sectors. The firms met with the Council for the Development of Cambodia to discuss potential collaborations that could enhance Cambodia’s infrastruct...

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