Local News
Progress Update on the Bassac River Bridge Project: 19% Completion Marked
The ambitious project to construct a bridge across the Bassac River has achieved a significant milestone, with 19% of the work now completed after 11 months of construction. The project, which connects Chak Angre Krom and Prek Pra, remains on schedule, with no delays reported, according to a Ministry of Public Works and Transport statement. […]
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UK Firm Eyes Investment Opportunities in Cambodia
In a significant development for Cambodia’s investment landscape, UK-based Bridgemount Ltd. has announced plans to explore investment opportunities in key sectors within the Kingdom. The company officially met with the Council for the Development of Cambodia (CDC) on February 7, 2025, marking the start of what could be a fruitful partnership. During the meeting, Kalyan […]
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Digital Park Initiative Unveiled to Boost Cambodia’s Digital Literacy and Start-Up Scene
The Ministry of Posts and Telecommunications of Cambodia has announced an ambitious plan to establish a digital park aimed at enhancing digital literacy and fostering the growth of digital start-ups in the country. This initiative, inspired by Thailand’s successful Thailand Digital Valley project, was revealed by H.E. Hak Sokheng, Undersecretary of State of the ministry. […]
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Cambodia Revamps Investment Policies to Attract Global Companies Amid Trade Wars
Cambodia is revising its investment policies to enhance its appeal to multinational corporations and attract businesses looking to relocate from countries affected by ongoing trade tensions. The Council for the Development of Cambodia (CDC) is leading these reforms to offer increased incentives and streamline investment procedures. This initiative is particularly relevant as many companies and […]
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Cambodia Enhances Investment Climate with Adoption of 21 International Standards
Cambodia is taking significant strides to boost its economy and attract foreign investment by adopting 21 new international standards as national standards. This pivotal decision was made during the National Standards Council’s 30th meeting on January 30, 2025, which focused on reviewing and approving key standards across various sectors. The adoption of these standards aligns […]
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Cambodia’s Electricity Capacity Set to Expand Significantly by 2024
By 2024, Cambodia is poised to enhance its electricity generation capacity to an impressive 5,044 megawatts, alongside a substantial extension of transmission lines to 3,890 kilometers. During the closing ceremony of the Electricity Authority’s conference on February 3, 2025, His Excellency Keo Rattanak, Minister of Mines and Energy, confirmed that these targets had been met. […]
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BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone
In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant […]
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Progress Report on National Road 5: Final Section Construction Updates
As of early February 2025, significant progress has been made on the final section of National Road 5, stretching from Seri Sophon to Poipet. With a total length of 35.14 kilometers, this crucial infrastructure project is currently 29% complete and is on track for completion in 2026. The update was shared by His Excellency Phon […]
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European Nations Unite to Boost Investment into Cambodia
A coalition of consuls general from nine European Union (EU) countries has committed to enhancing investment opportunities in Cambodia. The countries represented include Egypt, Italy, Sweden, Austria, Belgium, Denmark, Norway, Spain, and the United Kingdom. This collaborative effort was unveiled during a meeting with His Excellency Sun Chanthol, Deputy Prime Minister and First Vice President […]
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World Bank Pledges Support for Cambodia’s Development as a Regional Logistics Hub
In a significant commitment to Cambodia’s economic growth, the World Bank has announced its support for its ambition to become a competitive logistics hub in the region. This announcement was made by Ms. Tania Meyer, the World Bank Country Director for Cambodia, during a videoconference focused on the methodology and processes for gathering data related […]
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