South Korea’s Yurahanes Invested US$ 15M to Expand Car Electronics Assembly Plant in Kampong Speu
South Korean company Yurahanes (Cambodia) is set to expand its car electronics assembly plant in Kampong Speu province, following an investment of over USD15 million. The factory, which employs 1,200 workers, including seven foreign specialists, was inaugurated under the presidency of HE Deputy PM Hun Many on 26 April 2023. The plant is located in […]
Cambodia Approves USD1.2 Billion in Investments for 53 Projects in August, Creating Over 33,000 Jobs
In August 2024, the Council for the Development of Cambodia approved 53 new projects, amounting to over USD1.2 billion in investments, set to create more than 33,000 jobs nationwide. Of these, 46 projects are new investments, while seven are production expansion initiatives. A total of 31 projects will be developed outside Special Economic Zones (SEZ), […]
Cambodia Boosts Agro-Industry with USD342 Million Investment in 19 Large-Scale Rice and Grain Mills
Cambodia has significantly expanded its agro-industrial sector with the establishment of 19 large-scale rice and grain mills, backed by an investment of over USD342 million, as announced by HE Hem Vanndy, Minister of Industry, Science, Technology, and Innovation. In addition, there are 19,570 small and medium-sized rice mills across the country, collectively representing an investment […]
Japan Tops Asia’s Real Estate Transparency Rankings with Focus on Sustainability
Japan has been ranked as the most transparent real estate market in Asia, securing the 11th position globally in terms of sustainability and operational clarity, according to a report by Jones Lang LaSalle (JLL) published on 5 September 2024. This evaluation considers factors such as access to real estate market data, transparency of processes, and […]
Cambodia to Host Architecture Festival, Showcasing the Nation’s Contemporary Urban Evolution
The Ministry of Land Management, Urban Planning, and Construction is set to organize the Cambodian Architecture Festival, aiming to highlight the nation’s transformation and contemporary urban development. Announced by His Excellency Deputy Prime Minister Say Sam Al, Minister of Land Management, Urban Planning, and Construction, during a meeting on 4 September 2024, the festival is […]
Two Key Cambodian Projects Funded by Japan Win International Awards in Japan
Two major infrastructure projects in Cambodia, funded by Japan, have been awarded at the prestigious 7th International Construction Awards in Japan. The Cambodia-Japan Friendship Bridge Rehabilitation Project and a cutting-edge DX technology infrastructure project were among the recipients of these international accolades. The awards were presented at a ceremony chaired by HE SAITO Tetsuo, Japan’s […]