Local News
Phase 2 of Moradok Techo Flyover Set for Early Completion by February 2025
The Moradok Techo flyover project in Phnom Penh is on track to complete Phase 2 ahead of schedule, with finalization now anticipated by February 2025. This accelerated timeline follows the temporary opening of Phase 1, inaugurated on 1 April 2024, to help ease traffic flow and facilitate commuter movement, as shared by Mr. Keut Chhae, […]
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Cambodia & South Korea Forge Strategic Alliance to Drive Investment Cooperation
The Council for the Development of Cambodia (CDC) and the South Korean Embassy in Cambodia convened their inaugural public-private sector dialogue on 24 October 2024 to strengthen investment cooperation. Led by HE Sun Chanthol, Cambodia’s First Deputy Prime Minister and Vice President of the CDC, alongside HE Park Jung Wook, the Ambassador of the Republic […]
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Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop
Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under USD 4 billion, a stark contrast to the nearly 4,841 projects worth approximately USD 12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE […]
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Nearly 2,000 Local Associations and NGOs Registered in Cambodia Since 2015
Since the enactment of Cambodia’s Law on Associations and Non-Governmental Organisations in August 2015, a total of 1,961 local associations and NGOs have officially registered with the Ministry of Interior, according to Dr. Touch Sokheak, Deputy Spokesman of the Ministry of Interior, in a recent statement to Apsara News on 30 September 2024. Dr. Sokheak […]
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South Korea’s Gyeongbuk Technopark Sets Sights on Technology Park Collaboration in Cambodia
The Gyeongbuk Technopark Korea Innovation Centre is exploring collaboration opportunities with Cambodia’s Ministry of Industry, Science, Technology, and Innovation (MISTI) to invest in a high-tech innovation hub in Cambodia, aligning with the nation’s strategic development goals in smart agriculture, health, and green technology. This promising development was discussed on 28 October 2024 during a meeting […]
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Cambodia & China Unveil Strategic Digital Infrastructure Partnership to Drive Economic Growth
The Ministry of Industry, Science, Technology, and Innovation (MISTI) of Cambodia and the China-ASEAN Information Harbor (CAIH) have signed a pivotal Memorandum of Understanding (MoU), marking a significant advancement in digital infrastructure collaboration aimed at transforming economic development in Cambodia and the ASEAN region. The agreement, signed on 24 October 2024, is expected to enhance […]
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China Grants USD 20m on School Infrastructure & Education Improvement Project in Cambodia
In a significant step for Cambodia’s educational development, a USD 22.5 million project dedicated to improving school infrastructure and supplying educational materials was officially inaugurated at Hun Sen Peam Chi Kang High School in Kampong Cham province, under the presidency of PM Hun Manet on 26 October 2024 The ambitious project, primarily funded by the […]
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USAID Grants USD 55 Million to Cambodia, Prioritising Food Security, Health & Environment
The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director […]
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NRNo. 31 (Bek Kus – Kampot) Rehabilitation with 53km in Length Nears Completion, Achieving Almost 99% Progress
The extensive rehabilitation of Cambodia’s NR No. 31, covering a 53.54-km stretch from Bek Kus to Kampong Trach, is almost complete, reaching a 98.68% progress milestone as of 21 October 2024. This update was shared during a review meeting led by His Excellency Khan Ma Ne, Secretary of State and Director of the Rehabilitation and […]
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Australia Invests USD 65 Million to Enhance Cambodia’s Economic Growth through CAPED Program
The Australian Government has committed approximately AUD 87 million (USD 65 million) in new grant funding to the Cambodia-Australia Partnership for Sustainable Economic Development (CAPED) program, aiming to bolster Cambodia’s economic resilience and growth. The announcement was made through a press release from the Ministry of Economy and Finance on 17 October 2024. The CAPED […]
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