​Cambodia to name a coastal road “Cambodia-Maldives Friendship Road”

A road in a coastal province will be chosen to name "Cambodia-Maldives Friendship Road" to show the friendly relations between Cambodia and the Republic of Maldives. Cambodian Prime Minister Samdech Hun Sen stated on 16 January during his official visit to Maldives that one of the roads in the coastal area will be chosen and renamed when he returns to Cambodia. The new name "Cambodia-Maldive...

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Construction of US$35m Russey Keo bridge 93% Complete

As of 16 January, the construction of the Russey Keo cable bridge across the Tonle Sap River has been 93% completed.  The main structure of the bridge has already been completed with both sides connected. The structure completion ceremony was held on 16 January under the presidency of Phnom Penh Governor Khuong Sreng and OCIC Chairman Neak Oknha Pung Kheav Se.  This new cable bridge is 20.5m...

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Japan Assists Cambodia in Planning Urban Water Supply Development

The Ministry of Industry, Science, Technology, and Innovation, in collaboration with the Japan International Cooperation Agency (JICA), will co-develop an urban water supply development plan.  The agreement was signed between the two parties on 12 January 2023.  The project will be implemented in mid-2023 when both parties will draft guidelines for the development of the urban water sector, ...

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Cambodia Receives Over US$4bn FDI in 2022

In 2022, Cambodia received foreign investment inflows worth US$4.6 billion, an increase of 7.5% compared to 2021, according to the report of the Council for the Development of Cambodia.  Foreign direct investment (FDI) in the SEZ accounted for 27%, while investments outside the SEZ accounted for 73%.  Meanwhile, in 2022, local investors had a total investment of US$2.7 billion (75.7%) while ...

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Cambodia, S. Korea Vow to Further Strengthen Cooperation as Bilateral Trade Reaches US$5bn

Cambodia and Korea are committed to expanding cooperation in all fields as bilateral trade volume reaches US$5 billion, according to a meeting between the President of the National Assembly of Cambodia Samdech Heng Samrin and the former President of the National Assembly of Korea Park Byeongseug on 12 January.  During the meeting, the two leaders expressed a strong will to further strengthen an...

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Construction of New Road Connecting Bokor to NR4 approx. 60% Complete

As of January 2023, the construction of a new road connecting Bokor National Park to NR4 with a total length of 61km, is approximately 60% complete according to a Sokha Real Estate announcement on 10 on January.  This new road connecting to NR at km 158 + 200 from Bokor Mountain passed through the economic land concession of the palm plantation of Okhna Mong Reththy.  The cost of the constru...

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Gov’t approves draft law to transform Sihanoukville into “Multi-Purpose Special Economic Zone”

The Royal Government of Cambodia has fully approved the draft "Land Management and Use Policy for the Development of Sihanoukville as a Multi-Purpose Special Economic Zone 2022-2038". The draft law was approved at a cabinet meeting on January 13 chaired by Samdech Techo Hun Sen, Prime Minister of Cambodia, the government’s spokesman HE Phay Siphan said. The policy is aimed to direct and dete...

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Gov’t Approves Draft Law on Clean Water Management

The Council of Ministers has approved the draft law on clean water management, which will strengthen the management system and ensure the provision of clean water supply services in the country.  The draft law was approved at a cabinet meeting chaired by Prime Minister Samdech Hun Sen on 13 January.  The management and development of the water sector is an important basis for sustainably res...

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Cambodia-Japan’s Carbon Neutral Road to be Launched in March 2023

The clean energy plan and roadmap to carbon neutrality​ for Cambodia, which was co-developed by the Japanese government, is set to be launched in March this year, according to the Japan International Cooperation Agency (JICA)'s announcement on 12 January.  The project focuses on developing a carbon-neutral roadmap for Cambodia with a balance of energy security, economic growth, and environmenta...

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Japan to Help Set Up New Clean Water Supply System in Siem Reap

Japan has provided a grant of US$204,637 for the installation of a water supply system in the community of Kampong Khleang commune in Siem Reap province.  The agreement was signed between the two parties on 12 January 2023.  The project will include the construction of an 8km water distribution network in the community so that local people have access to clean water.  Deputy Chief of Miss...

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