Local News
Vietnam’s Multibillion-Dollar Investment Fuels Development in the Triangle Area Bordering Cambodia & Laos
Vietnam is accelerating progress in the Development Triangle (DTA), a region straddling the borders of Cambodia and Laos, with an impressive investment of over US$ 3.731 billion. This significant commitment is embodied in a multitude of 122 projects, reaffirming Vietnam’s dedication to regional development. The declaration emerged during a gathering of the National Assembly delegation […]
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Four New Factories Worth Nearly US$26m Set to Catalyse Growth in Kampong Speu & Takeo Provinces
The Council for the Development of Cambodia (CDC), has given the green light to four forward-thinking companies, marking a significant infusion of nearly US$26 million in investments. These strategic initiatives are poised to create 5,613 job opportunities, benefiting residents in Kandal, Kampong Speu, and the capital city of Phnom Penh. The CDC announcement, made on […]
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Chinese firm Commits $3 Billion Investment in Cambodia’s Energy Development
In a remarkable leap towards Cambodia’s energy sector development, China Machinery Engineering Corporation (CMEC) has unveiled a groundbreaking plan to co-invest approximately $3 billion in Cambodia’s burgeoning gas energy industry. This momentous decision was announced following a high-level meeting between His Excellency Hun Manet, Cambodia’s Prime Minister, and Mr. Wang Bo, Chairman of the Board […]
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Gov’t Announces Temporary Opening of Koh Pich-Koh Norea Bridge for Traffic Starting 20 October
The Cambodian government has announced the temporary opening of the Koh Pich-Koh Norea Bridge from 20 October 2023, as shared on the official Facebook page of the Department of Public Works and Transport of Phnom Penh on the evening of 19 October 2023. The move comes as a strategic response to mitigate traffic congestion caused […]
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Koh Tonsay Beach to Angkol Beach Road Connection 80% Completion: Game-Changer for Kep Tourism
In picturesque Kep province, construction of the much-anticipated road linking Koh Tonsay Beach to Angkol Beach has surged ahead, reaching an impressive 80% completion as of 18 October 2023. Governor of Kep Province HE Som Piseth enthusiastically shared this update with AKP, underlining the critical role this project plays in bolstering Kep’s burgeoning tourism industry. […]
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CP Group Elevates Investment in Cambodia’s Real Estate, Healthcare, and Satellite Development
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 […]
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Gov’t Greenlights Cutting-Edge Data Centre in Heart of Phnom Penh
The future of digital innovation in Cambodia has taken a resounding step forward with the approval of a groundbreaking project: the establishment of a cutting-edge data centre in the heart of Phnom Penh. The decision comes from the Council for the Development of Cambodia (CDC) and promises to usher in a new era of technological […]
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Cambodia Inks Landmark Agreements with Chinese Corporate Giants on Three Transformative Projects
The Cambodian government has forged pivotal agreements with Chinese corporate giants on three transformative development projects. These monumental partnerships, unveiled during the “Third Belt and Road Forum” in Beijing, promise to reshape Cambodia’s technological landscape and boost its economic prowess. Under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia signed a […]
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China Datang Corp. Pledges Monumental US$600m Injection to Cambodia’s Power Development
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 […]
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Siem Reap’s New Airport Welcomes Inaugural Commercial Flight
In a historic moment for Cambodia, the Siem Reap Angkor International Airport officially embraced its inaugural commercial aircraft on 16 October 2023, marking a transformative leap for the country’s aviation infrastructure. The momentous inauguration ceremony was presided over by HE Vongsey Visoth, Deputy Prime Minister overseeing the Office of the Council of Ministers, Mr Mao […]
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