Local News
Arey 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 […]
Read MoreCambodia’s Notable Factory Boom, 241 New, Amid Nearly 100 Closures in 2023
A considerable swell in Cambodia’s industrial landscape has been seen through 2023—a year marked by both substantial growth and notable challenges. According to the latest findings from the Ministry of Industry, Science, Technology, and Innovation (MISTI), the kingdom celebrated the launch of 241 new factories. Yet, it grappled with the closure of 98 industrial units, […]
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 […]
Read MoreNR No. 10 Connecting Battambang-Koh Kong Progress Exceeds 77% Completion
Embarking on a transformative journey, the construction of NR No. 10, linking Koh Kong to Battambang via Pursat, has achieved a significant milestone, with over 77.81% of the colossal project now completed. This remarkable progress, revealed by Mr. Phorn Rim, the Ministry of Public Works and Transport’s spokesperson, on his Facebook page on 17 February […]
Read MoreCambodia’s Digital Leap: PM Hun Manet Emphasises 5G Education Infrastructure Development
Cambodia, under the leadership of Samdech Hun Manet, Prime Minister of Cambodia, is accelerating the development of its education infrastructure. The focus lies in digital transformation, transitioning from 4G to 5G, aligning with global advancements and modern technological needs. The Prime Minister made this announcement at the inauguration of the Faculty of Economics and Digital […]
Read MoreThai Investors to Explore US$1bn Investment Prospects in Cambodia in March
In a strategic move set for early March, Thai investors are poised to delve into the examination of three prominent projects in Cambodia, collectively valued at approximately US$1 billion. The Council for the Development of Cambodia (CDC) disclosed this pivotal development on 17 February 2024. The anticipation builds upon the Economic Diplomacy Forum on Cambodia, […]
Read MoreOver 80% Completion Milestone Achieved in Stung Prek Tnaot Rehabilitation Project
In a significant stride towards enhanced water resource management, the Stung Prek Tnaot Rehabilitation Project has successfully reached an impressive completion rate of 80.6%, as announced by the Ministry of Water Resources and Meteorology on its official Facebook page on 17 February 2024. Initiated to revitalise Stung Prek Tnaot in the lower region extending from […]
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 […]
Read MoreState-of-the-Art US$3m Maternity Ward Unveiled at Kantha Bopha Hospital in Siem Reap
The grand inauguration of the new maternity ward at the 7th Jayavarman Hospital in Siem Reap, known as Kantha Bopha III Hospital, took place on 14 February 2024. Valued at a staggering US$3 million, the cutting-edge facility aims to elevate maternal and infant healthcare standards in the province. HE Professor Chheang Ra, Minister of Health […]
Read MoreVietnam Initiates Trade Boost with Reduced Tariffs on Select Cambodian Goods
In a bid to fortify economic ties, Vietnam has introduced preferential import tariffs for specific Cambodian goods, aiming to catalyze trade between the two neighboring nations. The recent issuance of Decree 5/2024/ND-CP by the Vietnamese Government outlines conditions under which lower import tariffs will be applicable for Cambodian imports. The move is expected to stimulate […]
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