Local News
Cambodia & Korea Approve Prioritised Projects Worth US$1.5B of Concession Loan Along with US$50 of Grant Aid
The Royal Government of Cambodia and the Republic of Korea have approved the prioritised projects in the Financing Cooperation Framework 2022-2026, which is worth about US$1.5 billion along with US$50 million of grant aid to develop key sectors in Cambodia. According to a 4th Policy Dialogue on 13 June 2022, the amount of budget above […]
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Cambodia Needs Almost US$50 billion to Implement 330 Projects in the Next Decade
Cambodia will need nearly US$50 billion to implement 330 transportation system projects over the next 10 years, according to HE Sun Chanthol, Minister of Public Works and Transport, during a working meeting with a delegation from CMA CGM (Cambodia) Co., Ltd on 14 June 2022. HE Sun Chanthol said that Cambodia needs to invest nearly […]
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Svay Rieng Provincial Administration Builds Riverside to Enhance City Aesthetics
The Svay Rieng Provincial Administration is building a riverside on the Vaiko River to aesthetically enhance the city’s attractiveness to the people and tourists. The provincial administration said on 15 June that it is building the second phase of the Vaikoo River riverside landscaping, while the first phase situated to the west of the river […]
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Cambodia Hosts 25th Mekong Subregion Transport Forum
The Mekong Sub-Region Transport Forum was held in Siem Reap province, Cambodia, where representatives of the Mekong sub-region member countries discussed certain topics of cross-border trade, railway development, and logistics improvements. The forum was organised by the Ministry of Public Works and Transport, chaired by Secretary of State HE Trac Thai Sieng, and was attended […]
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France Helps Rehabilitate 15 Canals in Kandal & Construct Irrigation Systems in Other Provinces
Through the French Development Agency (AFD) in Cambodia, France has helped improve and completely rehabilitate 15 canals in Kandal province and built major irrigation systems in some provinces from 2019 to the present. This is according to a meeting between HE Lim Keanhor, Minister of Water Resource and Meteorology, and Ms Sandrine Boucher, the new […]
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CDC Approves Four Investment Projects Worth US$23 million in Phnom Penh & Sihanoukville
The Council for the Development of Cambodia approved four investment projects with a total investment value of US$23.8 million, located in Phnom Penh and Sihanoukville. According to the investment proposal of the companies, the Investment Committee of CDC decided to issue investment project registration certificates to the following companies: GOLDEN SUN FASHION APPAREL CO., LTD […]
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Government Spends US$170m Concessional Loan on Infrastructure in Q1
In the first quarter of 2022, the Royal Government of Cambodia disbursed US$529.79 million from existing concessional loans for infrastructure and other priority sectors. The Cambodia Public Debt Statistics Bulletin of the Ministry of Economy and Finance issued on 09 June stated that 47% of the disbursed amounts were sourced from bilateral development partners, while […]
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Japan Funds Implementation of Construction Workers Safety Standards Plan in Mondulkiri Province
The Japanese government have funded the training for improving the working environment of small-scale construction sites to support the health of construction workers in Mondulkiri province. This is according to the publication of Mondulkiri Provincial Information Department on 09 June 2022. This training course was organised by the Department of Labour of Mondulkiri province in […]
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Cambodia Imports Almost US$150m of Iron & Steel in Five Months
Cambodia imported a total of US$149 million worth of iron and steel in the first five months of the year, up 19.8% from the same period last year. According to the General Department of Customs and Excise, the volume of steel and steel imports contributed about 1.1% of the total import value of US$13.057 billion, […]
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China Provides Over US$4m of Special Funds to Develop 13 Key Sectors in Cambodia
Cambodia and China have signed an Agreement on the Cooperation Projects of Mekong-Lancang Cooperation Special Fund 2022, under which Cambodia has been granted US$4,335,900 to develop 13 key sectors. The agreement was signed between HE Prak Sokhonn, Minister of Foreign Affairs and International Cooperation and HE Wang Wentain, Ambassador of the People’s Republic of China […]
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