Twin Flyover Construction in Phnom Penh Reaches 25% Completion, Targeting June 2025 for Full Operation

The construction of twin flyovers along Phnom Penh’s 60-metre boulevard at the intersection of National Road 2 has achieved 25% completion, a significant milestone for the project designed to enhance connectivity between Phnom Penh and Kandal province. This progress, reported by HE Keut Chhe, Deputy Governor of Phnom Penh, was shared on 10 December 2024, marking six months since the project's i...

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Siem Reap Angkor International Airport Welcomes 1.3 Million Passengers, Targets 2 Million in 2025

Siem Reap Angkor International Airport has welcomed over 1.3 million passengers in the first 11 months of 2024, with projections set to reach 1.4 million by the end of the year, marking a promising recovery in Cambodia’s tourism and aviation sectors. This milestone was shared by Lu Wei, Chairman of the Board of Directors of Siem Reap Angkor International Airport, during a meeting with HE Hem Va...

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Vietnam Surpasses China as Cambodia’s Top Foreign Investment Rankings with Over USD 557 Million

Vietnam has emerged as Cambodia's top foreign investor, accounting for 51.08% of total investment capital as of November 2024, surpassing China’s 24.26% share. Cambodian investors contributed 14.49%, marking a significant shift in the nation’s investment landscape. The figures were revealed in a recent Council for the Development of Cambodia (CDC) report on 1 November 2024, highlighting 43 new ...

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Cambodia Extends Incentives to USD 40 Million Steel Manufacturing Project in Sihanoukville

The Cambodian government has granted special incentives to Huale Steel (Cambodia) Co., Ltd., a steel manufacturing company in Sihanoukville, with an investment capital of USD 40 million. This decision was finalized during a meeting led by HE Dr. Hean Sahib, Chairman of the Investment Promotion Working Group for Sihanoukville Province, on 25 November 2024. The company, which received its registr...

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Royal Railway Receives First Shipment of 221 Flat Wagons to Enhance Cambodia’s Rail Freight Services

Royal Railway Plc, a subsidiary of the Royal Group, has delivered 60 new flat wagons, the first shipment in a larger order of 221 wagons from China. The wagons, which arrived on the evening of 1 December 2024, are part of the company’s ongoing effort to expand its rail freight capabilities, providing improved logistics solutions across Cambodia and the region, according to a press release issued o...

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NR 31 Rehabilitation Project Achieves Full Completion

The rehabilitation and upgrade of Cambodia’s NR 31, spanning 53 kilometers, has reached 100% completion, marking a major milestone in the nation’s infrastructure development. The project, connecting Bek Kous at the NR 3 intersection to Kampong Trach district town and linking with NR 33, was officially announced as completed on 28 November 2024. This achievement was confirmed during a site inspe...

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PM Halts Issuance of Brewery Licenses for Domestic Distribution to Bolster Market Stability

In a landmark decision to regulate Cambodia’s brewery industry, PM Samdech Hun Manet announced a ban on issuing new licenses for breweries targeting the domestic market. The announcement was made during the closing ceremony of the Ministry of Mines and Energy's annual meeting, summarising 2024 results in November. PM Hun Manet clarified that breweries focused on export production will continue ...

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Kampong Thom to Welcome New Cashew Industrial Park Following Swift Approval by PM

Kampong Thom province is set to establish a transformative cashew industrial park following PM Samdech Hun Manet’s swift approval just one day after the proposal was submitted. Announced during the closing ceremony of the 2024 work review and the 2025 planning session of the Ministry of Land Management, Urban Planning, and Construction on 26 November 2024, this landmark initiative aims to stimu...

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Cambodia Reaches 83% Completion in Tonle Sap Lake Boundary Marker Installation

Cambodia has achieved a remarkable milestone in its boundary marker installation initiative around the Tonle Sap Lake, completing over 83% of the planned 1,069 markers in just 242 days. The project, spearheaded by the Tonle Sap Authority, spans six provinces and highlights significant progress in delineating protected areas for sustainable management. This achievement was reported during a meet...

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Cambodia’s Mining Sector Attracts USD 2.764 Billion Investment Across 555 Licensed Operations

Cambodia’s mining sector continues to expand, with 555 registered mining licenses now active under the Ministry of Mines and Energy, driving a total investment of USD 2.764 billion and creating approximately 11,306 jobs. The ministry highlighted this significant growth during its annual meeting on 21 November 2024, underscoring the sector's vital role in national economic development. In 2024 a...

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