Local News
SPC 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...
Read MoreMME Denies Alleged Agreement with Vietnamese Company for Mekong Sand Dredging
Ung Dipola, spokesman for the Ministry of Mines and Energy in Cambodia, vehemently rejected recent claims made by Vietnamese newspaper VN Express regarding a purported agreement for sand dredging on a Mekong River segment. Mr Ung clarified the stance in an interview with French newspaper RFI, published on 16 February 2024. The controversy unfolded following a 7 February report by VN Express, su...
Read MoreGrand Groundbreaking Ceremony for US$60m Bassac River Bridge Marks a Historic Milestone
The grand groundbreaking ceremony for the US$60 million bridge project spanning the Bassac River took place on 19 February. The visionary construction will link Chak Angre Krom in the Meanchey district on the west bank to Prek Pra in the Chbar Ampov district on the east bank, fostering connectivity and development. Presided over by Samdech Hun Manet, the Prime Minister of Cambodia, the event al...
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