Local News
SunRice Group Eyes Cambodia for Organic Rice Processing Plant, Opening New Avenues for Export
Australia's SunRice Group is contemplating a strategic investment in Cambodia, aiming to establish a dedicated rice processing plant with a focus on organic rice for international exports. The ambitious plan was unveiled during a pivotal meeting between Samdech Hun Manet, Prime Minister, and Paul Serra, CEO of SunRice Group, on the occasion of the ASEAN-Australia Special Summit in Melbourne on 4 M...
Read MoreNR 31 Rehabilitation Project Nears Completion, Targets June Finish
The NR No. 31 rehabilitation and upgrading project, covering a distance of over 53km, has achieved an impressive milestone, reaching the 60% completion mark. The Ministry of Public Works and Transport provided an update, stating that the project team, led by HE Khan Mane, Secretary of State of the Ministry, inspected on March 6, 2024. The inspection involved collaboration with CRBC Construction...
Read MoreSPC Group’s Strategic Move into Cambodia’s Agro-Industry: A New Chapter in Global Food Export
Australia's SPC Group has announced its intention to invest in Cambodia’s food and fruit processing industry. This decision was revealed during a meeting between Cambodian Prime Minister Samdech Hun Manet and Mr. Neil Brimacombe, President of SPC Group, on the sidelines of the ASEAN-Australia Special Summit held in Melbourne, Australia, on 5 March 2024. SPC Group, a leading agro-industry player...
Read MoreFreshStart Energy Explores Cutting-Edge Technology Investment for Electronification in Cambodia
FreshStart Energy, a subsidiary of FreshStart, revealed its keen interest in investing in Cambodia's energy sector. CEO & President of FreshStart Energy, Mr. Mario Vecchio, conveyed the company's intent to leverage advanced technology for efficient electricity management in the kingdom. This intention was revealed in a pivotal meeting during the ASEAN-Australia Special Summit in Melbourne, Aus...
Read MoreChina Extends Generous US$7.2m Grant for Council of Ministers’ Friendship Building Renovation
In a significant gesture of enduring friendship and collaboration, China has bestowed Cambodia with a substantial grant of 53.2 million yuan (US$7.3 million) earmarked for the renovation of the Friendship Building within the Council of Ministers, according to the official Facebook page of the Office of the Council of Ministers on 5 March 2024. The official signing ceremony for this transformati...
Read MorePrime Opportunities Arise for Real Estate Investors as Cambodia Unveils Master Plan for Nearly 7,000km of Major Roads
With the recent release of a pivotal strategic document outlining a master plan for the transport and logistics sector, savvy real estate investors are poised to capitalise on the emerging opportunities within the development landscape. The Royal Government of Cambodia's comprehensive master plan focuses on the road transport sector, detailing 94 road development projects with a total investment o...
Read MoreGov’t Greenlights Three Major Malaysian Projects to Establish High-Tech Economic Zone & Halal Industries in Cambodia
The Cambodian government has given the nod to three significant projects proposed by the National Chamber of Commerce and Industry (NCCIM) in Malaysia. These ventures encompass the establishment of a high-tech economic zone, a technology development initiative, and an ecological project for the halal food industry in Cambodia. The approval was conveyed during the Cambodia-Malaysia Business Foru...
Read MoreSATO KOGYO Secures Contract to Build World’s Largest Mine-Shaped Museum in Siem Reap
The project to construct the world's largest mine museum in Siem Reap, along with a training facility at the Technical Institute for Mine Action in Kampong Chhnang, has officially entered the construction phase. The construction agreement was formalized through a signing ceremony between the Japanese company SATO KOGYO CO., LTD and the Cambodian Mine Action Center (CMAC) on February 14, 2024, as a...
Read MoreMEF Advocates Increased Use of Local Stone in Infrastructure Projects
In a strategic move to fortify Cambodia's economic resilience, the Ministry of Economy and Finance (MEF) has issued a groundbreaking advisory, encouraging the heightened utilization of locally sourced stone in infrastructure projects and construction sites financed by the state budget. The announcement, dated February 21, 2024, marks a pivotal shift in government policy, responding to a plea fr...
Read MoreArey Ksat Bridge Construction Set to Commence in Early 2025, Signaling Major Infrastructure Milestone
The commencement of the Cambodia-Korea Friendship Bridge Project is anticipated to take place at the genesis of 2025. Cementing the commitment to this significant infrastructure development within Cambodia, a meeting was held on 21 February 2024. HE Peng Ponea, the country's Minister of Public Works and Transport, was joined by HE Park Jung-wook, the esteemed Ambassador Extraordinary and Plenip...
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