Local News
Cambodia and Japan Plan to Establish More Private Business Centers as Trade Volume Exceeds US$2.4 Billion
The bilateral trade volume between Cambodia and Japan is set to surpass US$2.4 billion in 2022, prompting discussions to establish more Cambodian private business centers by 2023. This was announced during the opening ceremony of the “Cambodia Expo 2023” event held in Tokyo on May 3, 2023. According to HE Chhuon Dara, Minister Delegate to […]
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Exclusive Bus Lines Launched by Government for Seamless Access to Phnom Penh’s Spectacular SEA Games
To ensure hassle-free transportation for national and international visitors attending the highly anticipated 32nd Southeast Asian Games and the 12th ASEAN Para Games 2023, the Phnom Penh Capital Administration has introduced two dedicated express bus lines. This announcement, made on 5 May 2023, underscores the government’s commitment to providing convenient and efficient travel options during […]
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JICA funds US$167 M to Advance Rural Connectivity with Over 500km Road Improvement Project
The Government of Japan, through the Japan International Cooperation Agency (JICA), is poised to inject US$167 million into funding projects aimed at enhancing the quality of over 500 kilometers of rural roads across four targeted provinces in northwestern Cambodia. The plans were unveiled by HE Ouk Rabun, Minister of Rural Development, and Mr. Sanui Kazumasa, […]
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Australia Collaborates with Cambodia to Establish Groundbreaking Agri-Food Industrial Park for Enhanced Competitiveness
In a groundbreaking partnership, Australia is teaming up with Cambodia to establish the country’s first Agri-Food Industrial Park (AIP) with the aim of enhancing market competitiveness. The Australian Embassy officially announced this significant collaboration on 3 May 2023 through their official Facebook page. The Agri-Food Industrial Park will serve as a hub for Agri-Food processing, […]
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US$165M Hong Kong -Phnom Penh Submarine Cable to Complete in 2024
The Hong Kong-Phnom Penh submarine fiber-optic cable project, valued at over US$165 million and spanning 2,715 kilometers, is set to be completed in 2024, addressing Cambodia’s increasing demand for reliable internet access. This significant development was announced by Minister of Post and Telecommunications, Chea Vandeth, during the signing ceremony of the Memorandum of Understanding for […]
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Royal Railway and Three Companies Sign MOU to Develop Land Along Railway Line
Royal Railway Cambodia PLC, a subsidiary of Royal Group, has signed a Memorandum of Understanding (MOU) on April 28 with Samaiden Energy (Cambodia) Co., Ltd., Management Venture Asia (Cambodia) Ltd., and Panna Energy Sdn. Bhd. to conduct a feasibility study on the potential for renewable energy and other sustainable economic activities along the unused land […]
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GOV’t Plans to Develop Seabed War Museum on Takeav Island
Sihanoukville provincial authorities are planning to establish a Seabed War Museum on the Takeav archipelago near Ream, according to HE Long Dimanche, Deputy Governor of Sihanoukville. The proposed Submarine War museum will showcase the remnants of World War II that have plunged into the seabed and will be a significant attraction for both national and […]
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ADB Continues Support for Cambodia’s Development with US$4.6 Billion Investment
The Asian Development Bank (ADB) has been a strong partner in Cambodia’s development journey, with a total investment of US$4.6 billion for 331 public sector projects in the form of loans, grants, and technical assistance. This was revealed in the ADB Member Fact Sheet 2022, which was released in April 2023. In 2022, ADB has […]
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Single Portal for Business Registration Attracts Nearly US$2 Billion in Construction and Real Estate Investments
The govt’s efforts to streamline business registration processes and improve the country’s investment climate have paid off. The Online Business Registration platform, a single portal for registering new businesses, has received a total of 24,466 applications as of April this year, with a combined investment value of US$7.42 billion. The construction sector accounted for the […]
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MOPT Brings Free Wi-Fi to Nearly 200 Locations during the SEA Games
The Ministry of Posts and Telecommunications (MOPT) has announced that it will provide free high-speed internet access at 186 locations at the National Olympic Stadium and Moradok Techo National Stadium, in support of the upcoming 32nd Southeast Asian Games and 12th ASEAN Para Games set to be hosted by Cambodia in 2023. “Through this initiative, […]
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