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ខ្មែរ Local News
World Bank Warns Cambodia’s GDP to Plunge 9% by 2050 If Climate Crisis Not Properly Addressed
- 6 November 2023
Cambodia stands at a critical crossroads in its path to development, as an alarming report from the World Bank underscores the looming perils of climate change. The recent Cambodia Country Climate and Development Report (CCDR) released on 16 October 2023, unveils a strategic framework that is paramount in safeguarding the nation's future. It underscores the urgency of reducing vulnerability to cli...
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Rising Skies in Southeast Asia: Why are South East Asian Countries Suddenly Expanding & Building New Mega-sized Airports?
- 5 November 2023
The azure skies of Southeast Asia are in the midst of a remarkable transformation. Seven ASEAN countries are embarking on ambitious airport expansion projects, reflecting the region's remarkable growth and the pressing need to meet burgeoning demand. Research by Nikkei predicts that the annual passenger capacity at airports in the capitals of these nations will soar to a staggering 653 million by ...
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The Gov’t approves 12 New Factories Worth US$66.60 Million Set to Transform Five Cambodian Provinces
- 31 October 2023
The Council for the Development of Cambodia (CDC) has granted approval to 12 ambitious companies to construct new factories with a combined investment of US$66.60 million. This visionary move is expected to generate 12,610 employment opportunities across five provinces, breathing fresh life into Cambodia's industrial landscape. The CDC's announcement on October 31, 2023, showcased the remarkabl...
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Unveiling New Kampong Speu Provincial Hall, a US$10 Million Architectural Triumph
- 30 October 2023
A momentous event unfolded in Kampong Speu as the new provincial hall, worth over US$10 million, was officially inaugurated. The auspicious occasion was presided over by Samdech Hun Manet, Prime Minister of Cambodia, on 30 October 2023. HE Vy Samnang, Governor of Kampong Speu Province, proudly shared details about the stunning administrative building. Sprawling across an impressive 18,078.17 sq...
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Preah Monivong Flyover Fast-Tracks for Early 2024 Debut, Expanding Phnom Penh’s Skyway Landscape
- 28 October 2023
The construction of the Preah Monivong flyover, a project valued at over US$36.7 million, is slated to reach its first-phase completion and become operational ahead of schedule. Instead of the initially planned date of August 2024, this essential infrastructure is now projected to be available for public use before the Khmer New Year in 2024, offering a gift of enhanced connectivity to the people ...
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Korea Boosts Cambodia’s Climate Analysis Capabilities with $3 Million High-Tech System
- 27 October 2023
The Korea Meteorological Administration has taken a monumental step in enhancing Cambodia's weather forecasting and climate analysis capabilities with a US$3 million donation of the GEO-KOMPSAT-2A weather receiving and analysis system. The official handover took place on October 25, 2023, marking a pivotal moment in Cambodia's climate analysis infrastructure. The project is the culmination of y...
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Cambodian Gov’t Explores Opportunity to Open for Foreign Ownerships in Landed Property (Borey)
- 27 October 2023
The Ministry of Land Management, Urban Planning, and Construction, in collaboration with the Cambodian Housing Developers Association, convened a high-stakes meeting to deliberate the legal framework surrounding the potential expansion of property ownership rights for foreigners in Borey projects. Chaired by HE Deputy Prime Minister Say Sam Al and Ohkna Ly Hour, President of the Cambodian Housi...
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Minebea Embarks on a New Era of Renewable Energy Investment in Cambodia
- 26 October 2023
Minebea (Cambodia), known for its substantial investments and contributions to Cambodia's economic landscape over the past 12 years, has unveiled an ambitious plan to expand its investments into renewable energy in the kingdom. The announcement came during a high-profile courtesy call to Samdech Techo Hun Sen, President of the Supreme Privy Council to His Majesty King and President of the Cambo...
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CP Group Elevates Investment in Cambodia’s Real Estate, Healthcare, and Satellite Development
- 19 October 2023
The renowned Charoen Pokphand Group (CP), Thailand’s largest private company, has unveiled ambitious plans to expand its commitment n real estate, healthcare, and satellite city development in Cambodia. A courtesy call between Mr. Tse Ping, Vice Chairman of CP Group, and Samdech Hun Manet, held during the "Third Belt and Road Forum" in Beijing, marked a pivotal moment in Cambodia's path to becomi...
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China Datang Corp. Pledges Monumental US$600m Injection to Cambodia’s Power Development
- 17 October 2023
In a significant development that promises to reshape Cambodia's energy landscape, China Datang Corporation Ltd. has committed to a staggering US$600 million increase in its existing investments in Cambodia's energy sector. This announcement emerged during a pivotal meeting at the "Third Belt and Road" forum held in Beijing on 16 October 2023. Samdech Hun Manet Prime Minister of Cambodia conven...
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