Saudi Arabia to Welcome World’s First ‘Dragon Ball’ Theme Park Covering 500km2 of Land Area
Toei Animation has announced that Saudi Arabia will be the site of the world’s inaugural theme park based on the beloved “Dragon Ball” franchise, marking a significant milestone in entertainment ventures. The Japanese studio has entered into a strategic partnership with the Saudi government’s Public Investment Fund (PIF), with the latter funding construction and associated […]
UNIDO Partners with Cambodia to Pave the Way for Green Industrial Parks
The Ministry of Industry, Science, Technology & Innovation (MISTI) of Cambodia has joined hands with the United Nations Industrial Development Organization (UNIDO) to spearhead the development of eco-industrial parks (EIPs) in the country, fostering a sustainable approach to industrial growth. In an official meeting held on March 26, HE Hem Vanndy, Minister of MISTI, along […]
Cambodia and Laos Discuss Plans for Border Crossing Bridge
Cambodian government and the Government of Laos PDR are in talks regarding the construction of a border crossing bridge, enhancing bilateral cooperation between the two nations. PM Samdech Hun Manet of Cambodia and PM HE Sonexay Siphandone of Laos PDR deliberated on this significant project during their meeting in Vientiane on March 25. The proposed […]
Thirteen Korean Companies Eye Increased Investment in Cambodia
Thirteen prominent Korean companies, led by Mr. Hacheong Yun, Director General of the Korea Trade and Investment Promotion Agency (KOTRA Phnom Penh), have expressed keen interest in expanding their investment footprint in Cambodia. The delegation met with Deputy PM Sun Chanthol to explore lucrative investment opportunities, capitalizing on Cambodia’s promising economic landscape. During the meeting, […]
World Bank Allocates US$35 Million for Climate-Resilient Road Project in Cambodia
The World Bank has greenlit an additional US$35 million credit to fortify road infrastructure against climate change impacts in three Cambodian provinces, as announced in a recent press release. This allocation, approved by the World Bank’s Board of Executive Directors on March 15, supplements the ongoing Cambodia Road Connectivity Improvement Project (RCIP), aimed at enhancing […]
Cambodia Secures EU Grant Aid Worth Nearly US$86 Million to Boost Key Sectors
Cambodia and the European Union (EU) have formalized a grant aid agreement amounting to almost US$85.6 million, aimed at bolstering pivotal sectors crucial for sustainable development. The signing ceremony, presided over by H.E Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, alongside representatives from the European Union Member States, marks a […]