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ខ្មែរ Local News
Cambodia Strengthens Investment Climate with New Tax Law Approval
- 24 May 2023
In a momentous move that underscores Cambodia's commitment to fostering a favorable investment climate, the draft tax law has been officially approved and promulgated, garnering the signature of the esteemed King of the Kingdom of Cambodia on 16th May 2023. This new legislation comprises 20 comprehensive chapters and 255 articles, meticulously designed to facilitate, improve, and address gaps w...
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Cambodia Unveils New Draft Law on Special Economic Zones to Boost Diversification and Industrial Connectivity
- 24 May 2023
In an exciting development, the Council for the Development of Cambodia (CDC) has recently completed the drafting of a comprehensive law on special economic zones (SEZs), poised to be launched in the near future. This momentous step towards economic diversification and enhanced industrial connectivity was announced by HE Chea Vuthy, Deputy Secretary-General of the CDC's Cambodian Investment Com...
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Cambodia Welcomes $600 Million in Foreign Investment Projects, above 73% is Chinese direct investment
- 23 May 2023
The Council for the Development of Cambodia (CDC) has granted its seal of approval to an impressive array of 65 fixed-asset foreign direct investment (FDI) projects within the initial four months of 2023, amassing a staggering total investment value of $588 million. These developments underscore Cambodia's growing appeal as a coveted investment destination. Leading the pack, Chinese direct inve...
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Revolutionizing Sanitation: Siem Reap Unveils State-of-the-Art Toilet Waste Treatment Plant
- 23 May 2023
A momentous occasion unfolded as Cambodia proudly inaugurated its second cutting-edge toilet waste treatment plant in the serene city of Siem Reap. This groundbreaking project, valued at over US$1.8 million, marks a significant stride towards sustainable waste management and agricultural advancement. Nestled in Kantrak village, Svay Dangkum commune, Siem Reap city, the meticulously planned trea...
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Unveiling the Majestic Techo Aphivadh Building: Calmette Hospital’s Grand Symbol of Modern Health Care for Cambodia
- 23 May 2023
Amidst great anticipation, the grand inauguration of the remarkable Techo Aphivadh Building at Calmette Hospital took place, with the honorable presence of Prime Minister Samdech Hun Sen. The esteemed Minister of Health, His Excellency Professor Mam Bunheng, revealed that the inauguration ceremony held on 23rd May 2023 marked the culmination of the ambitious project, which encompassed the const...
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S. Korea Extends US$66 Million Loan to Cambodia for State-of-the-Art Standard Hospital in Northeast Phnom Penh
- 22 May 2023
In a remarkable collaboration aimed at revolutionizing healthcare services, the South Korean government has graciously extended a substantial loan of approximately US$66.5 million to Cambodia. The loan will facilitate the establishment of a state-of-the-art National University of Health Science Teaching Hospital (UHS), a seven-story medical facility equipped with cutting-edge technology and resour...
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US$300-million tire factory in Sihanoukville SEZ inaugurates officially
- 22 May 2023
The US$-300 million tire factory has officially inaugurated with a production capacity of about 1.3 million tires per year. The inauguration ceremony of the factory was held under the presidency of Samdech Techo Hun Sen, Prime Minister of Cambodia on May 22. Invested by General Tire Technology (Cambodia) Co., Ltd, the factory equips modern technology in accordance with the policy of industri...
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Enhancing Connectivity: Srey Santhor District Welcomes 9 State-of-the-Art Concrete Bridges Worth US$6 Million
- 22 May 2023
The Kampong Cham Provincial Administration proudly inaugurated a remarkable infrastructure achievement, as nine meticulously constructed concrete bridges along NR 70B in Srey Santhor District, Kampong Cham Province, were officially unveiled. This momentous occasion, held during the inauguration ceremony on 17th May 2023, marks a significant milestone in bolstering the district's connectivity an...
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Celebrating Sporting Triumphs: Cambodia Carves 2023 Outstanding Athletes at Win-Win Monument
- 22 May 2023
The Cambodian Government has made a momentous decision to commemorate the achievements of exceptional athletes from the 32nd SEA Games by carving their names and accolades into the historic Victory Monument. This landmark initiative serves as a resounding testament to Cambodia's rich sporting heritage as it gears up to host the prestigious 5th Asian Youth Olympic Games in 2029, according to a pres...
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Tourism Vocational School Set to Empower Cambodia’s Tourism Sector Ahead of Khmer New Year 2024
- 20 May 2023
Exciting developments are underway as the construction of the highly anticipated Tourism Vocational School progresses towards completion, aiming to welcome its first cohort of students before the arrival of Khmer New Year in 2024. The construction site of the school, located in Phnom Penh, recently underwent inspection under the esteemed guidance of HE Dr. Thong Khon, Minister of Tourism, on Ma...
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