Hong Leong Manufacturing Group Explores Opportunity to Invest on Motorcycle Factory in Cambodia
Malaysia’s Hong Leong Manufacturing Group is exploring the establishment of a motorcycle factory in Cambodia, signalling a major boost for the Kingdom’s manufacturing sector. The announcement came after a productive meeting between Duke Tan Khee Meng, President of the Malaysian Chamber of Commerce in Cambodia, and HE Chea Vuthy, Secretary General of the Council for […]
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Building Bridges for Investment: Henan Delegation Explores Opportunities in Cambodia’s Construction Sector
The Cambodia Constructors Association (CCA) welcomed a high-level delegation from the Henan and Design Industry Association on 28 November 2024, at Canadia Tower in Phnom Penh. This strategic meeting underscored Cambodia’s growing appeal as a foreign investment hub, focusing on collaboration in the construction and infrastructure sectors. Acting on behalf of Lok Neak Oknha Pung […]
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Phnom Penh’s Flood Relief System Project Reaches 30% Completion Milestone
The ambitious flood relief system in Phnom Penh has reached 30% completion, marking significant progress in a large-scale infrastructure project designed to address flooding challenges in the city. This milestone was confirmed during an inspection led by Mr Peng Purnea, Minister of Public Works and Transport, on 29 November 2024. The project involves two key […]
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NR 41 Restoration Project Achieves 97% Completion with Over USD 67 Million Investment
The extensive restoration and upgrade of NR 41, spanning 95 kilometres, has reached 97.01% completion as of November 2024. This transformative infrastructure project, valued at over USD 67 million, is funded through a concessional loan from the Chinese government and aims to enhance regional connectivity and economic growth. The update was confirmed during an inspection […]
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Don’t Miss the Cambodia Construction Expo 2024 to Showcase Over 2,000 Products and Services on 5-7 December
The Cambodia Construction Expo 2024, the nation’s most anticipated event for the construction industry, kicks off tomorrow, 5-7 December 2024, at Koh Pich Exhibition Centre. Organised by the Cambodia Constructors Association (CCA), the three-day event will feature participation from hundreds of domestic and international companies, showcasing over 2,000 products and more than 50 services, making […]
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Cambodia Extends Incentives to USD 40 Million Steel Manufacturing Project in Sihanoukville
The Cambodian government has granted special incentives to HUALE STEEL (CAMBODIA) CO., a steel manufacturing company in Sihanoukville, with an investment capital of USD 40 million. This decision was finalised during a meeting led by His Excellency Dr Hean Sahib, Chairman of the Investment Promotion Working Group for Sihanoukville Province, on 25 November 2024. The […]
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Chinese Firm to Invest in Cambodia’s Growing Flower Industry
A significant development in Cambodia’s agricultural sector is underway as a leading company from Yunnan Province, China, has announced plans to invest in flower cultivation and supply within the country. This initiative follows discussions held on 27 November 2024 between Mr. Suon Sophal, Deputy Secretary-General of the Cambodian Investment Committee, and a Chinese delegation led […]
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By 2024 Cambodia Completed Nearly 8,000 Hectares of State-Owned Private Land Registration Covering Four Strategic Locations
Cambodia made significant strides in land management in 2024, with the Ministry of Land Management, Urban Planning, and Construction successfully registering 7,725.30 hectares of state-owned private land across four major locations. The registered sites include 892.19 hectares in Romdos Sre commune, Choam Ksan district, Preah Vihear province; 4,806.42 hectares in Rayor commune, Mondulkiri province; 1,181.58 […]
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Royal Railway Receives First Shipment of 221 Flat Wagons to Enhance Cambodia’s Rail Freight Services
Royal Railway Plc, a subsidiary of the Royal Group, has taken delivery of 60 brand-new flat wagons as the first shipment in a larger order of 221 wagons from China. The wagons, which arrived on the evening of 1 December 2024, are part of the company’s ongoing effort to expand its rail freight capabilities, providing […]
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Singapore Firm YCH Group Plans to Revolutionise Cambodia’s Logistics Sector
Cambodia’s logistics sector is poised for a transformation as Singapore-based YCH Group reaffirms its commitment to investing in the country’s connectivity infrastructure. Following a productive meeting with PM Samdech Hun Manet, Mr. Robert Yap, Chairman of YCH Group, expressed the company’s enthusiasm for Cambodia’s potential, highlighting plans to enhance transportation and logistics services across the […]
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Critical Analysis of Cambodia’s Stamp Duty Exemption Policy for Properties Valued at USD70K or Less
The Cambodian government’s decision to introduce a stamp duty exemption for properties valued at USD 70,000 or less is a policy aimed at alleviating the financial burden on property buyers and stimulating the real estate market. However, while this policy appears beneficial, a deeper analysis reveals both advantages and disadvantages that raise questions about its […]
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Cambodia’s Exports Surge by 16%, Reaching Nearly USD 22 Billion in 2024
Cambodia recorded a remarkable export performance in the first 10 months of 2024, with international shipments valued at nearly USD 22 billion, representing a 16% growth compared to the same period in 2023. The Ministry of Information highlighted these figures on 13 November 2024, showcasing the country’s expanding global trade footprint. The United States remained […]
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