Local News
European Companies Explore Medical Waste Management Investment in Cambodia
In a significant step towards enhancing environmental sustainability in Cambodia, Ecosteryl, a Belgian company, has expressed a keen interest in investing in medical waste management. This initiative aims to address the pressing issue of medical waste and plastic pollution in the country. The discussions took place during a meeting on 20 May 2025, between HE Dr Eang Sophallet, Ministe...
Read MoreKampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million
Kampong Speu province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on 20 May 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral district, represents a significant investment of over USD 250 million by Conch KT Cement, marking it as one of the largest cement manufacturing projects in the ...
Read MoreUS-Cambodia Trade Relations Take a Positive Turn
In a significant move to bolster economic ties, the US Congress has thrown its full support behind expanding trade and investment activities in Cambodia. This commitment was solidified during a meeting on 16 May 2025, between the Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia and US Congresswoman Beth Van Duyne. Both parties expressed ent...
Read MoreMalaysian Companies Eye Investment in Cambodia’s Ports & Wastewater Treatment Sectors
Two prominent Malaysian firms, Malakoff Corporation Berhad (MCB) and GAEA PLC (Global Action for Environment Awareness Public Limited Company), have expressed interest in exploring investment opportunities in Cambodia's ports and wastewater treatment sectors. The firms met with the Council for the Development of Cambodia to discuss potential collaborations that could enhance Cambodia’s infrastruct...
Read MoreCambodia and Thailand Forge Stronger Ties with Joint Agreement on Friendship Bridge
In a significant move to strengthen bilateral relations, the governments of Cambodia and Thailand have officially signed a joint agreement concerning the management, maintenance, and use of the Cambodia-Thai Friendship Bridge, also known as Stung Bot-Ban Nong Ien. The agreement was finalized during a high-profile meeting led by Samdech Hun Manet, Prime Minister of Cambodia, and Her Excellency Paet...
Read MoreCambodia Set to Welcome New State-of-the-Art Hospital Worth Over USD 300 Million
Cambodia is poised to enhance its healthcare sector with the upcoming launch of a cutting-edge hospital, projected to cost USD 300 million. Several influential tycoons signed A memorandum of understanding on April 21, 2025, signaling a significant advancement in the country's medical infrastructure. This initiative will deliver world-class medical services directly to the Cambodian po...
Read MoreKampot Welcomes New International Tourist Port with Grand Opening Ceremony
The long-awaited Kampot International Tourist Port officially opened today in a ceremony by Prime Minister Hun Manet. This impressive development, valued at USD 10 million, is set to significantly boost the tourism sector in Kampot Province, attracting visitors from both domestic and international markets. Situated on 4.25 hectares in Chum Kriel Village, Chum Kriel Commune, Teuk Chhou District,...
Read MoreConstruction Progress of Phnom Penh’s Drainage System Nears Completion
The ambitious project to build a comprehensive drainage system in western Phnom Penh is now 88% complete, with final touches expected to be finalised by July 2025. During a recent review, Ms. Koy Sodany, Permanent Secretary of State at the Ministry of Public Works and Transport and the project leader, confirmed the significant progress. The initiative aims to construct modern drainage...
Read MoreCambodia Set to Invest Nearly USD 1 Billion in Sihanoukville’s Development as a Regional Logistics Hub
In a significant step towards enhancing its economic infrastructure, the Cambodian government has unveiled plans to invest nearly USD 1 billion in developing Sihanoukville into a major regional logistics hub by 2029. This ambitious investment will unfold in three key phases. The first phase, focusing on the expansion of Sihanoukville Port, is already underway, funded by a loan of approximately ...
Read MoreChinese Shipbuilder Eyes Cambodian Market for Expansion
Shanghai Hantang Shipping Co., Ltd. (SHS), a prominent player in the Chinese shipbuilding industry, is set to explore new horizons by exporting ships from Shanghai to the Cambodian market. This strategic move was discussed during a high-level meeting at the company’s headquarters, led by HE Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ...
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