ADB Invests USD 403 Million in Six Key Projects for Cambodia
In a significant boost for Cambodia, the Asian Development Bank (ADB) has approved USD 403 million in loans and grants for six major development projects in 2024. The announcement, made by ADB Country Director Ms Jyotsana Varma during a signing ceremony on December 17, emphasizes the strengthened partnership between ADB and Cambodia under the new […]
The new road connecting NR No. 4 to Bokor Mountain has completed 7 km of concrete pouring work
The construction of a new 61-kilometre road connecting National Road No. 4 to Bokor Mountain is currently underway, with 7 kilometres of concrete pouring completed as of December 19, 2024. This update was posted on the official Facebook page of Sokha Real Estate on the afternoon of that date. According to the project plan developed […]
Chinese Investors Set to Inject USD 2 Billion into Kampong Speu Province
In an exciting development for Kampong Speu Province, Chinese investors have committed to an impressive investment of approximately USD 2 billion, poised to invigorate the local economy and create thousands of jobs. This commitment was announced by HE Cheam Chansophoan, the Governor of Kampong Speu, during a high-profile visit to Hong Kong on December 21, […]
National Road 41 Completed: A Boost for Cambodian Infrastructure
In a significant milestone for Cambodia’s transportation network, National Road 41 has officially been completed, with a total investment exceeding $67 million. Spanning over 95 kilometres, this new road enhances connectivity between National Road 4 in Kandal and National Road 3 in Kampot, paving the way for easier travel and trade across the region. The […]
Sihanoukville Port Hits Record 1 Million TEUs Amid Booming Trade
In a remarkable achievement for Cambodia, Sihanoukville Port has reached a milestone that underscores its growing significance as a regional logistics hub. The port reported container traffic soaring to an impressive 1,000,000 TEUs (twenty-foot equivalent units) this year, marking a 29% increase from the previous year. This record high was announced on the official website […]
World Bank: Cambodia’s Economic Growth Forecasted to Reach 5.5% in 2025-2026 Amid Global and Domestic Challenges
Cambodia’s economy is projected to achieve a robust growth rate of 5.5% in 2025 and 2026, according to the latest World Bank forecasts. This follows expected growth rates of 5.3% in 2024 and 5% in 2023, reflecting a steady upward trajectory. These findings were highlighted in a report published by Fibre2Fashion on 21 December 2024. […]