Local News
Cambodia’s Industrial & Agricultural Sectors Receive Special Electricity Discounts to Boost Production
The Ministry of Mines and Electricity of Cambodia, in conjunction with the Electricity Authority of Cambodia, has announced a significant reduction in electricity prices for industrial and agricultural consumers nationwide. This strategic move aims to stimulate the expansion of production, factories, and enterprises, ultimately generating employment opportunities and income for the population. This initiative was […]
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Sihanoukville Ready for US$40 Million Steel Plant Investment
In a significant move that promises to reshape Sihanoukville’s economic trajectory, the Council for the Development of Cambodia (CDC), has granted an investment project registration certificate to “HUALE STEEL (CAMBODIA) CO., LTD.” The company is embarking on a transformative journey to establish a versatile steel plant within the Sihanoukville Port Special Economic Zone, according to […]
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Pointer Secures Exclusive Rights to Sell the Iconic “Zion” Business Project Along 60-Metre Boulevard
In a significant move that promises to redefine Cambodia’s real estate landscape, Zion City’s Zion Commercial Real Estate Project has entered into an exclusive sales and marketing partnership agreement with Pointer, a distinguished leader in Cambodia’s real estate sector. The pact, sealed on 20 September 2023, amidst the top management of both companies, reflects a […]
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Grants Concessional Loan to Build Tonle Bassac Bridge Connecting Chak Angre Krom & Prek Pra
Cambodia and China have come together to sign a concessional loan agreement for the construction of the grand Tonle Bassac Bridge, creating a vital link between Chak Angre Krom and Prek Pra. This momentous agreement was officially announced through a press release from the Royal Government’s spokesperson on 17 September 2023. The signing ceremony took […]
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Cambodia’s Pre-Angkor Capital Koh Ker Temple Attains UNESCO World Heritage Status
In a momentous and unanimous decision, the UNESCO World Heritage Committee, convened at its 45th session in Riyadh, Saudi Arabia, declared the illustrious Koh Ker Temple a coveted World Heritage Site on 17 September 2023, through Resolution 45 COM 8B.8. This prestigious recognition comes as a result of the Royal Government of Cambodia’s impassioned appeal […]
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Stueng Bot-Ban Nong Ean International Border Checkpoint Nears Completion at 91.26%
The Khmer-Thailand International Border Gate project, commonly known as the Stueng Bot-Ban Nong Ean International Border Checkpoint, has reached an impressive 91.26% completion as of 14 September 2023. This significant progress was inspected by the Minister of Public Works and Transport HE Peng Po on 13 September 2023. The governments of Cambodia and Thailand have […]
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HE Sun Chanthol: Fake News on Cambodia’s Investment Climate Affects Foreign Investors’ Interests
One of the pivotal topics of discussion during the visit of HE Sun Chanthol, Deputy Prime Minister & CDC 1st Vice-Chairman, to Zhejiang SEZs in Sihanoukville on 11 September 2023 was the management’s concerns, particularly among Chinese staff, regarding the circulation of fake news about security in Cambodia. Deputy Prime Minister Sun Chanthol emphasised the […]
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US$16m Sewerage & Wastewater Treatment Plant Inaugurated in Stoeung Sen
Stoeng Sen City in Kampong Thom province has celebrated the official inauguration of the Stoeng Sen Sewerage & Wastewater Treatment Plant Project, a remarkable initiative valued at over US$16 million. The facility was inaugurated by HE Peng Po, Minister of Public Works and Transport, on 15 September 2023, signifying a significant stride towards modernising and […]
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Cambodia’s Investment Landscape Grows: Six Projects Worth US$34.6 Million Approved
The Council for the Development of Cambodia (CDC) has given the green light to six ambitious projects. These projects, with a combined investment of US$34.6 million, are set to not only contribute significantly to the country’s economic growth but also generate 7,584 employment opportunities in Kampong Speu, Takeo, and Phnom Penh. The CDC announcement on […]
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Chinese Giant DANONG Partners with Four Firms to Cultivate Cambodia’s Agricultural Potential
DANONG Agricultural Development Group, a major Chinese company, has inked agreements with four strategic partners for substantial agricultural investments in Cambodia. The signing ceremony took place on 12 September 12023. The esteemed collaborators joining forces with DANONG are the Cambodia Agriculture Cooperative Alliance (CACA), Agri Bank Construction Land, Panagri International Farm Co., Ltd., and Century […]
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