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ខ្មែរ Local News
Tbong Kmum Builds Almost 3000km of Road and Completes NR 71C Over 70%
- 20 April 2023
In the last five years, Tbong Khmum provincial administration has made significant strides in enhancing infrastructure development, with the construction of over 2,698km of road across the province. One of the major infrastructural projects currently underway in the province is the completion of NR No. 71C, which will connect Tbong Khmum District in Tbong Khmum Province to Chamkar Leu District ...
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Cambodia Emerges as 14th among the Fastest Growing Economies
- 20 April 2023
Cambodia has been ranked 14th among the fastest-growing economies in the world with a growth percentage change of 5.8%, according to a recent report published on Finance.yahoo website on 15 April 2023. “The country's GDP has increased significantly from $26.96 billion in 2021 to $75 billion in purchasing power parity terms by the end of 2022,” the website reported. The report suggests that C...
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National Children’s Hospital Launches New Modern Maternity Ward to Boost Healthcare for Mothers and Children
- 20 April 2023
The National Children's Hospital officially inaugurated its new modern maternity ward on the morning of 20 April 2023 under the presidency of Prime Minister Hun Sen. The new 4-story building, equipped with advanced medical equipment and digital systems, will play a crucial role in improving the health and well-being of mothers and children. In his speech, the PM praised the hospital's effort...
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Canopy Sands Development Plans to Build Cambodia’s First Cable Car Project in Bay Of Lights
- 19 April 2023
Canopy Sands Development is set to begin construction of Cambodia's first cable car project in Bay of Lights, Sihanoukville, in early 2024. The project is part of the Bay of Lights development covering 934 hectares. The announcement was made by AMS on 12 April 2023, and the project will be developed under the investment of Canopy Sands Development. The cable car project is part of Canopy Sands ...
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Thailand Eyeing Investment Opportunities in Cambodia’s Booming Logistics Sector
- 19 April 2023
Thailand is exploring investment opportunities in Cambodia's logistics sector, as the two countries seek to strengthen cooperation in this area. At a meeting on 19 April 2023.between HE Sun Chanthol, Cambodia's Minister of Public Works and Transport, and Mr. Supachai Verapuchong, CEO of Logistics Intelligence Cambodia Co., Ltd, the Thai delegation expressed its desire to expand investment cooperat...
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IFC Partners with Cambodia for Feasibility Study of Sihanoukville Logistics Complex
- 19 April 2023
The International Finance Corporation (IFC) of the World Bank has teamed up with Cambodia's Ministry of Public Works and Transport to provide financial advisory services for the feasibility study of the Sihanoukville logistics complex (SHV-LC). The signing ceremony for the Financial Advisory Service Agreement was held on 19 April in the presence of HE Sun Chanthol, Senior Minister of the Ministry ...
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Bassac-Kampot Seaport Project Shows High Economic Potential and Environmental Sustainability
- 19 April 2023
The linked Bassac River Navigation and Logistics System project has completed its two-year feasibility study and the results have been highly promising. The project, which will connect Tonle Bassac to Kampot seaport over a length of 180 kilometers, has been evaluated to provide significant benefits to the national economy while also being environmentally sustainable. According to the Ministry o...
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Cambodian Board of Investment Approves US$12.2 Million for Three New Factories
- 18 April 2023
The Council for the Development of Cambodia has granted approval for the establishment of three new factories in Cambodia, with a total investment of US$12.2 million. The Board of Investment of Cambodia confirmed the registration of the solar panel factory, “GE NEW ENERGY TECHNOLOGY (CAMBODIA) CO., LTD” in Phnom Penh, the electronic assembly plant, “EBELNO (CAMBODIA) CO., LTD” in Kampong Speu, and...
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Gov’t Unveils Eight Measures to Support Construction and Borey Development
- 18 April 2023
The Ministry of Economy and Finance has recently announced eight measures to support the development of the construction and real estate sectors in the Borey industry amidst global economic uncertainty. According to the press release on 12 April 2023, the Economic and Monetary Policy Committee has outlined a package of measures to facilitate the growth of the real estate sector in Cambodia. Tho...
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Gov’t approves US$85 million investments in cattle and rubber farms in Kratie and Preah Vihear
- 18 April 2023
The Investment Committee of Cambodia's Council for the Development of Cambodia (CDC) has approved two investment projects that will contribute to the country's economic growth and development. Eastern Rubber (Cambodia) Co., Ltd will invest US$73.4 million to establish a large-scale cattle and beef cattle farm in Snuol district, Kratie province, while Rithy Rubber (Cambodia) Co., Ltd will invest US...
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