Cambodia’s Construction & Real Estate Sectors Forecasted for Slow Recovery in 2025

Cambodia's construction and real estate sectors are projected to experience modest growth in 2025, with forecasts indicating a rise of approximately 2.5% and 2.6%, respectively. These estimates come amid ongoing recovery efforts following the downturn triggered by the COVID-19 pandemic in 2020. During the recent Public Forum on Macroeconomic Management and the 2025 National Budget Law, official...

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Thailand to Invest USD 11 Million in Border Fence with Cambodia

In a move to bolster border security, Thai authorities have announced plans to construct a 55-kilometre fence along the Cambodian-Thai border in Sa Kaeo province, with an estimated budget of 395 million baht (approximately USD 11 million). This significant development was reported by Radio France Internationale (RFI) on 13 February 2025. Deputy Prime Minister Phumtham Wechayachai, responsible f...

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Ministry of Economy and Finance Predicts Cambodia’s Economic Growth at 6.3% in 2025

In a promising forecast for the nation, Cambodia’s Ministry of Economy and Finance has announced a projected economic growth of 6.3% for the year 2025. This optimistic outlook, unveiled during a public forum on macroeconomic management and the 2025 budget law, is attributed to robust performance in key sectors, including apparel, textiles, agricultural exports, and services. The ministry's 2025...

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Southeast Asia’s Coastal Real Estate Development Faces Critical Balance with Mangrove Conservation

A ground-breaking study reveals that 85% of Southeast Asia's mangrove forests, which comprise 32 percent of global mangrove coverage and sequester 15.9 million tonnes of carbon dioxide annually, face severe risks from real estate development, agricultural expansion, and climate change impacts, according to new research led by University of Queensland researcher Valerie Kwan, as reported by Eco Bus...

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Phnom Penh & Battambang Set for Expansion of Pedestrian Streets Following Successful Trial

In a significant move to enhance urban mobility and promote pedestrian-friendly environments, the Cambodian government is gearing up to construct additional pedestrian streets in both Phnom Penh and Battambang. This initiative follows the successful trial of pedestrian streets in Phnom Penh, which has garnered widespread public support. During a recent meeting held on 11 February 2025, official...

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Takeo Province to Invest Over USD 2 Million in New Temple Project

In a move aimed at enhancing cultural heritage and boosting tourism, provincial authorities have announced plans to invest more than USD 2 million in the construction of a new temple located in the heart of Lake Takeo. The initiative was disclosed at a meeting led by HE Wei Samnang, Governor of Takeo Province. Governor Wei emphasised that the funding for the temple would not come from the natio...

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EAG Eyes Investment in Cambodian Industrial Parks

The Philippines’ Excellent Associates Group Limited (EAG) has announced plans to explore investment opportunities in Cambodia, particularly in the establishment of industrial parks. This development came to light during a productive meeting held between EAG President Dai Jianlaing and Cambodian Prime Minister Hun Sen. During the meeting, President Dai expressed EAG's keen interest in not only d...

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Two Companies Seek to Invest in Cambodia’s Cashew Agro-Industry

In an exciting development for Cambodia’s agricultural sector, Mountain Hazelnuts and Kamya have expressed their intention to invest in the country’s burgeoning cashew agro-industry. The companies are currently discussing with the Council for the Development of Cambodia to explore potential investment opportunities. This announcement followed a meeting on 11 February 2025 between HE Chea Vuthy,...

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Cambodia’s Booming Customs Revenue in 2024

In a remarkable display of fiscal growth, the Cambodian government announced on 10 February 2025 that it has successfully collected over USD 2 billion in customs duties for the year 2024, marking an impressive increase of over 13% compared to the previous year. The General Department of Customs and Excise reported that total tax and excise revenues reached a staggering 10,542.2 billion riels, r...

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Progress on Clay-Thoma Kor Bridge Construction

The construction of the temporary steel bridge across the Mekong River at Clay-Thoma Kor is progressing steadily, with 5.40% of the work completed, as reported by His Excellency Phan Rim, Spokesperson for the Ministry of Public Works and Transport. Currently, the China Road and Bridge Corporation (CRBC) is actively working on the western side of the temporary bridge, measuring 271 metres in len...

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ASEAN Real Estate Markets Navigate Headwinds as China’s Economy Falters

The USD 722 billion trade relationship between China and ASEAN faces unprecedented pressure as China's property sector, which accounts for over 25% of its GDP and 70% of household wealth, shows serious signs of distress amid plummeting consumer confidence that reached near-record lows of 86 in July 2024, according to Evrimagaci.org on 31 January 2025. Southeast Asian real estate markets are exp...

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Korean Firm Donates 8,000 Electric Motorbikes to Cambodian Government to Combat Emissions

In a significant move to address climate change, South Korean company VeryWords has pledged to donate 8,000 electric motorbikes to Cambodian government officials. This initiative aims to reduce greenhouse gas emissions in Cambodia and promote the use of environmentally friendly transportation. The announcement was made during a signing ceremony of a Memorandum of Understanding (MoU) held on 7 F...

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