Local News
Japan Extends Concessional Loan for Regional Hospital Development in Cambodia
In a significant gesture of bilateral cooperation, Japan has extended a concessional loan totalling JPY 21,104 million (approximately US$154 million) to Cambodia for the development of regional hospitals. The formal exchange of notes and accompanying documents took place on 13 March, with HE Sok Chanda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and […]
Read MoreIn February, Cambodia Secures Nearly US$1.2bn for Development with 37 New Projects
In a noteworthy surge of economic activity, Cambodia witnessed a substantial influx of investment totalling nearly US$1.2 billion during February 2024. This significant investment, as revealed in a press release by the Council for the Development of Cambodia on 12 March 2024, is poised to propel the development of the nation through the approval of […]
Read MoreGrand Opening of Techo Sen Koh Thom Hospital: An US$11m Milestone
Set against the backdrop of the tranquil Koh Thom district in Kandal province, the Techo Sen Koh Thom Hospital was officially inaugurated on 13 March 2024, marking a pivotal moment in the province’s healthcare narrative. Worth more than US$11 million, this hospital stands as a beacon of medical excellence and community collaboration, presided over by […]
Read MoreCambodia Eyes European Investment Booster: A US$540m Journey Over Three Decades
In a concerted effort to diversify and enhance its investment portfolio, Cambodia has set its sights on attracting a larger share of European investment. Despite hosting approximately 62 projects from Europe, a total investment of US$540 million since 1994, the nation views this figure as the tip of the iceberg. This ambition was at the […]
Read MoreProgress Update: NR No. 4 Improvement Reaches Halfway Mark
As of March 2024, the extensive undertaking to enhance NR No. 4, spanning from Bek Chan commune in Kandal province to Bit Trang commune in Preah Sihanouk province, has achieved a significant milestone, with completion reaching 50.57%. HE Phan Rim, spokesperson for the Ministry of Public Works and Transports (MPWT), affirmed the substantial progress, noting […]
Read MoreTecho 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% […]
Read MoreNR No. 48 Upgrade Surpasses 45%, Targeting 60% Milestone by May
Efforts to enhance the quality of Cambodia’s crucial transportation artery, NR No. 48 (Sre Ambel-Koh Kong), have reached a commendable milestone, with completion currently standing at 45.17% as of 11 March 2024. The Ministry of Public Works and Transport (MPWT), led by HE So Vector, Secretary of State and Director of the Quality Improvement Project […]
Read MoreOver 80% Completion: Battambang’s Ambitious City Rehabilitation Nears the Finish Line
A transformative initiative to revitalise and enhance the infrastructure of Battambang City is making significant strides, with drainage and road construction projects on both sides of the Stueng Sangke River surpassing an impressive 80% completion mark. The update, shared by the Battambang Provincial Administration via its official Facebook page on 8 March 2024, sheds light […]
Read MoreSunRice 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 […]
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. […]
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