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ខ្មែរ Local News
CFOCN Proposes Extensive Fibre Optic Network Installation Across Nine Cambodian Provinces
- 29 June 2024
Cambodia Fibre Optic Communication Networks Co., Ltd (CFOCN) requested approval from the Ministry of Public Works and Transport to undertake a significant project involving the drilling and installation of fibre optic cables across nine major provinces. This request was discussed during a meeting chaired by Mr. Lim Sidenin, Secretary of State of the Ministry of Public Works and Transport, on 21 Ju...
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BYD to Establish Electric Car Factory in Cambodia, Signalling Major Economic Expansion
- 28 June 2024
China's leading electric car manufacturer, BYD, is set to invest in a new car plant in Cambodia, as confirmed by Prime Minister Hun Manet during a gathering with SMEs and artisans on 27 June 2024. PM Hun Manet also mentioned that two additional companies have applied to establish factories in Cambodia, further bolstering the nation's industrial growth. He emphasised the potential for economic e...
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Vietnam’s Trade Ministry Requests PM’s Approval on Cambodian Sand Imports to Address 2.3m Cubic Metres Demand
- 25 June 2024
The Vietnamese Ministry of Industry and Trade has proposed to Prime Minister Phạm Minh Chính to import construction sand from Cambodia to address the country's annual demand of 2.3 million cubic metres. This recommendation follows a feasibility study indicating Cambodia's ability to supply sand for Vietnam’s long-term construction needs, as reported by Vietnamnews.vn on 24 June 2024. The feasib...
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Southern Phnom Penh Set for Major Expansion with New Projects and Government Vision
- 19 June 2024
The Cambodian government has announced an ambitious infrastructure development plan for the southern part of Phnom Penh, which is rapidly growing due to increasing population density. This plan is anchored by two major projects: the Techo International Airport and the Takhmao City and Prek Chik Funan Techo developments. The unveiling of this vision was made by PM Hun Manet during the groundbrea...
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German Tech Giant BOSCH Announces Plans to Establish Factory in Cambodia
- 18 June 2024
German technology giant BOSCH is set to explore the establishment of a factory in Cambodia, following a meeting between Deputy Prime Minister Sun Chanthol and Alexander Weichsel, Manager of BOSCH Commercial Plant, on 13 June 2024. HE Sun Chanthol highlighted Cambodia’s investment potential across various sectors including agriculture, agro-industry, automobiles, electronics, health, renewable e...
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Smart Bins for Siem Reap Smart City Project: Authority Trials IoT Waste Management System
- 10 June 2024
The Siem Reap Provincial Administration has embarked on a pioneering Smart City project by introducing an Internet of Things (IoT) waste management system in the Slor Kram district. This initiative announced on the official Facebook page of the provincial administration on 5 June 2024, aims to enhance waste collection efficiency through the innovative use of the “Smart Clean Siem Reap” mobile app....
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PM Announces No More Casino Licenses in Central Kampot & Kep, With Few Exceptions, Except…
- 10 June 2024
Samdech PM Hun Manet declared that no additional casino licenses will be issued for the central areas of Kampot and Kep, with few exceptions, on 6 June 2024, during the inauguration of the first phase of the Kampot Multi-Purpose Port Development Project. (Read more) The PM emphasised that, "From now on, we will not issue a license to open a casino in Kampot. If you want to invest, you have to g...
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Canadian Investors Explores Investment Opportunities in Six Key Sectors in Cambodia
- 8 June 2024
A business delegation from the Cambodian Chamber of Commerce in Montreal, Canada, recently met with the Council for the Development of Cambodia to explore investment opportunities in six major sectors: agriculture and processing, tourism, health, real estate, services, and industry. The meeting, aimed at fostering stronger economic ties, took place on 5 June 2024.HE Nuth Un Vanra, Deputy Secretary...
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Cambodia & Turkey Agree to Boost Bilateral Trade to US$1bn
- 4 June 2024
Cambodia and Turkey have committed to enhancing their bilateral trade to US$1 billion in the near future. This agreement was announced in a press release by the Ministry of Foreign Affairs and International Cooperation on 30 May 2024. During a two-day visit to Turkey, Cambodian Foreign Minister Sok Chenda Sophea aimed to broaden cooperation across various sectors and implement agreements made b...
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Nine-Month Leadership Boosts Cambodia’s Economy to 6%, Tops ASEAN
- 4 June 2024
Under the nine-month leadership of the Cambodian government’s seventh mandate, the Cambodian economy is projected to grow by approximately 6% in 2024, making it the fastest-growing economy in ASEAN and the third in Asia post-COVID-19. This announcement was made by Pen Bona, Minister Delegate to the Prime Minister and a government spokesman, during a recent press conference on 21 May 2024. The 6...
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