Toyota Unveils US$36m Assembly Plant in Phnom Penh SEZ

In a significant boost to Cambodia's automotive industry, a new Toyota assembly plant, valued at over US$36 million, was officially inaugurated in the Phnom Penh Special Economic Zone on 2 May 2024. This landmark event was presided over by Samdech Hun Manet, Prime Minister, marking a new era in the country's manufacturing capabilities. The Toyota Assembly Plant, a venture between TOYOTA TSUSHO ...

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Steady Progress: NR No. 10 Construction Reaches 83.36% Completion

The construction of NR No. 10, linking Koh Kong, Pursat, and Battambang provinces, has reached a significant milestone, with completion surpassing 83.36% as of early April. This update comes from the Ministry of Public Works and Transport, announced on 10 April 2024. According to the latest report, the project's advancement is notable, particularly in the paving process from Koh Kong province t...

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No Impact on Cambodian Mekong River Water Despite Chemical Leak Incident in Laos

The Ministry of Water Resources and Meteorology assures the public that the recent chemical spill into the Nam Khan River, a tributary of the Mekong River in Laos, will not affect the water quality of the Mekong River in Cambodia. This affirmation comes in response to an announcement made by the ministry regarding the incident on 8 April 2024. Following reports of a chemical leak into the Nam K...

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Battambang Province Flourishes with Over 700 Enterprises, Generating 150,000 Jobs

Battambang province boasts a thriving economic landscape, with more than 700 enterprises and 17 factories contributing to the employment of nearly 150,000 individuals as of the first quarter of 2024, according to official data reported by AKP Battambang on 29 March 2024, the province's economic vitality is underscored by its diverse industrial sectors, including agricultural processing, manufactur...

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Completion of ‘Moradok Techo’ Flyover Set for 30 March, Opening Scheduled for Early April

The first phase of the "Moradok Techo" flyover, connecting Samdech Techo Hun Sen Blvd. and Monivong Blvd., is poised for completion by 30 March 2024, with plans to open its second level to traffic on 1 April 2024, as announced by the Phnom Penh Capital Administration in Announcement No. 024/24 dated 28 March 2024. Construction progress on the first phase of the "Techo Heritage" flyover is neari...

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Cambodia’s Exports to Korea Skyrocket, Surging 2048% in 2023

In a remarkable surge, Cambodia's exports to the Republic of Korea soared to US$26.21 million in 2023, marking a staggering increase of 2048% compared to the previous year's US$1.22 million. This substantial growth underscores the robust trade relationship between the two nations, facilitated by the CKFTA agreement. The data, disclosed by the spokesperson of the Cambodian government during a hi...

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Gov’t Unveils Ambitious Plan to Transform Villages into “Rural Borey”, Modern Rural Communities

Samdech Hun Manet PM of Cambodia revealed the Royal Government's groundbreaking initiative to establish "rural boreys" aimed at elevating the living standards of provincial residents. The announcement came during the conclusion of the Ministry of Rural Development's gathering on 20 March 2024. "Rural Borey entails the transformation of villages into well-equipped communities, complete with esse...

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Aeon Mall Denies Rumours of Fourth Outlet, Reaffirms Transparency

Aeon Mall (Cambodia) Co., Ltd. unequivocally refuted speculations surrounding the development of a fourth Aeon Mall project in Cambodia, particularly Aeon Mall IV, according to a press release issued on 22 March 2024. The company clarified that no plans have been initiated for the construction of a new outlet, dismissing recent rumours propagated on social media platforms. Emphasising its commi...

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Cambodia Unveils Ambitious US$5bn Plan for Maritime Infrastructure to Serve 1.2m Passengers and 41m tons of Cargo by 2030

In a strategic move to bolster Cambodia's water transport capabilities and fortify its logistics system, the Royal Government has proposed a comprehensive master plan comprising 20 maritime projects. With a total investment requirement of US$5.461 billion, these initiatives aim to support the country's transformation into a high-middle-income nation by 2030. The ambitious plan, disclosed in the Co...

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Techo International Airport Set to Complete Phase I Construction by October 2024, Eyeing Mid-2025 Inauguration

Techo International Airport, strategically located across Kandal and Takeo provinces, is on track to conclude the first phase of its construction by October 2024, paving the way for its official commencement in mid-2025. A recent report from the Secretary of State for Civil Aviation indicates substantial progress, with the first phase reaching an impressive 66.1% completion with a US$961 million b...

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