Local News
Cambodia Approves 28 New Projects in September, Attracting USD 443m Investment
Cambodia greenlighted 28 new investment projects in September 2024, worth approximately USD 443 million, creating around 25,000 jobs across various industries. This impressive investment surge includes 26 new projects and two production expansions, positioning Cambodia as an attractive hub for both local and international investors. The Council for the Development of Cambodia confirmed the details...
Read MoreJapanese Firm, MIRARTH, Expands Cashew Processing in Kampong Thom with Plans to Extract Oil from Cashew Shells
MIRARTH, a Japanese company operating in Kampong Thom, is significantly expanding its cashew nut processing capacity from 300 tons per year in 2021 to 1,500 tons annually while exploring new avenues for refining oil from cashew shells. This initiative reflects the company’s commitment to innovation and value-added processing within Cambodia’s agricultural sector. The company presented a two-yea...
Read MoreMISTI Announces USD 185 Million Water Supply & Sanitation Expansion Project
The Ministry of Industry, Science, Technology, and Innovation (MISTI) has launched a USD 184.9 million project over the next five years to bolster Cambodia's water supply and sanitation services. This major initiative, designed to meet increasing demand and accelerate progress towards the UN's sustainable development goals for clean water and sanitation by 2030, is expected to be a game changer...
Read MoreDara Sakor International Airport Completes Critical Inspections Ready for November Flight Launch
Dara Sakor International Airport, a USD 200 million investment located in Koh Kong province, completed a two-day flight engineering inspection and calibration on 29-30 September 2024, before the launch of domestic small light aircraft operations in late November. The technical assessments, conducted with the participation of HE Mao Havannall, Minister in Charge of the Secretariat of State for C...
Read MoreASEAN Constructors Federation Drives Innovation & Unity at 56th Council Meeting in Malaysia
The ASEAN Constructors Federation (ACF) made significant strides at its 56th Council Meeting in Kuala Lumpur, achieving breakthroughs in safety standards, digital transformation, and sustainable practices. With representation from all eight ASEAN member states, the meeting highlighted key projects like Cambodia’s airport development and the 180-kilometre canal linking Phnom Penh to Kampot, alongsi...
Read MoreTycoon Ly Yong Phat’s Hydropower Company Suspended for Environmental Violations in Pursat & Koh Kong
The Ministry of Environment has temporarily suspended all activities of Stung Meteuk Hydropower, a company owned by Tycoon Ly Yong Phat, in Pursat and Koh Kong provinces due to multiple environmental violations and non-compliance with legal requirements. The suspension was confirmed in a letter from the ministry dated 2 September 2024. The decision stems from Stung Meteuk Hydropower's failure t...
Read MoreKorean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and HE Kim Jin-pyo, former Speaker of the National Assembly of the Republic of Korea, along with Mr. Park Joo-bong, CEO of Camko ...
Read MoreLeading Chinese Firm Eyes Major Investment in Cambodia’s Agriculture & Livestock Sector
Shan Cun Group, one of China's largest agricultural investors, has revealed plans to explore significant investments in Cambodia's agriculture and livestock sectors. This announcement was made during a meeting on 5 September 2024 between HE Yun Heng, Deputy Secretary General of the Cambodian Investment Committee, and a delegation from Shan Cun Group. During the meeting, the company's representa...
Read MoreCambodia to Host Architecture Festival, Showcasing the Nation’s Contemporary Urban Evolution
The Ministry of Land Management, Urban Planning, and Construction is set to organise the Cambodian Architecture Festival, aiming to highlight the nation's transformation and contemporary urban development. Announced by His Excellency Deputy Prime Minister Say Sam Al, Minister of Land Management, Urban Planning, and Construction, during a meeting on 4 September 2024, the festival is expected to ...
Read MoreThree Key Rural Roads Near Completion in Kampong Cham & Tbong Khmum
Three rural roads spanning over 40 kilometres in Kampong Cham and Tbong Khmum provinces are nearing full completion, with construction progress close to 100% as of 4 September 2024. The Ministry of Rural Development has overseen this crucial infrastructure project, which aims to enhance regional connectivity and promote agricultural trade. The first road, measuring 17.55km, connects Kilo 10 vil...
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