ADB Partners with Two Cambodian Institutions to Drive Development with USD 360m Annual Investment

The Asian Development Bank (ADB) is joining forces with the Ministry of Economy and Finance and the Cambodia Development Research Institute (CDRI) to accelerate Cambodia’s development over the next five years. With an average annual loan of approximately USD 360 million between 2019 and 2023, ADB’s latest initiative will focus on boosting private sector growth […]

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Cambodia’s Construction Material Imports Surge to USD 1bn, a 21% Increase in First 8 Months of 2024

Cambodia’s import of construction materials hit USD 1.063 billion in the first eight months of 2024, marking a 21.58% increase compared to the same period last year. Despite this significant rise, the country’s construction sector is expected to experience a slower recovery, as highlighted by a recent report from both the General Department of Customs […]

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PPAP Port Collects Over USD 27 Million in Eight Months, Marking a 15% Growth

In a remarkable performance, Phnom Penh Autonomous Port (PPAP) collected more than USD 27 million in revenue during the first eight months of 2024, reflecting a 15% increase compared to the same period last year. This boost, driven primarily by port operations and services, showcases the port’s robust contribution to Cambodia’s growing economy, as confirmed […]

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Cambodia Approves USD 5.79 Billion Investment in 23 Renewable Energy Projects

In a landmark move to revolutionize its energy landscape, the Cambodian government, under the leadership of PM Hun Manet, has approved 23 power projects with a total investment of nearly USD 5.79 billion. The projects, spanning 2024 to 2029, aim to significantly boost the nation’s renewable energy capacity, marking a bold shift towards clean and […]

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Ministry of Land Launches Coastal Urban Design Competition to Attract Investment & Boost Tourism

The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has launched an ambitious design competition project to revitalize Cambodia’s coastal regions to drive economic development, boost tourism, and attract foreign investment. The competition, themed “Cambodia, My Motherland, My City, My Coast, My Heart,” focuses on enhancing urban planning in key coastal provinces, including Kep, […]

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Chinese Major Firm, CGN,  Eyes Investment in Cambodia’s RE as Part of Its Global Expansion in 16 Countries

China’s CGN Energy International Holdings Co., Limited. (CGNEI) has expressed keen interest in investing in Cambodia’s renewable energy sector as part of its ambitious global operations spanning 16 countries. The company currently manages 49 green energy projects worldwide and seeks to expand its presence in Southeast Asia, including Cambodia. During a meeting held on 25 […]

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MISTI Announces USD 185 Million Water Supply & Sanitation Expansion Project

The Ministry of Industry, Science, Technology, and Innovation (MISTI) has launched a USD 184.9 million project over the next five years to bolster Cambodia’s water supply and sanitation services. This major initiative, designed to meet increasing demand and accelerate progress towards the UN’s sustainable development goals for clean water and sanitation by 2030, is expected […]

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Dara Sakor International Airport Completes Critical Inspections Ready for November Flight Launch

Dara Sakor International Airport, a USD 200 million investment located in Koh Kong province, completed a two-day flight engineering inspection and calibration on 29-30 September 2024, before the launch of domestic small light aircraft operations in late November. The technical assessments, conducted with the participation of HE Mao Havannall, Minister in Charge of the Secretariat […]

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Gov’t Revives USD 590 Million in 30 Stalled Projects, Encourages Growth in SHV

In a strategic move to boost economic development, the Cambodian Government has greenlit special incentives for 30 stalled projects in Sihanoukville, representing a total investment of USD 590 million. This decision announced on 26 September 2026, follows the efforts of the Investment Promotion Task Force to resuscitate a wide range of ventures, including smelters, metal […]

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World Bank Approves USD 80 Million Grant to Elevate Cambodia’s Education Sector & Renovate 147 Laboratories

In a significant boost to Cambodia’s education system, the World Bank has approved a USD 80 million grant aimed at upgrading the country’s tertiary education and research infrastructure. Over the next six years, the financing will be used to renovate 147 laboratories across nine public higher education institutions, providing improved facilities for academic growth and […]

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