Cambodia-ASEAN Trade Surpasses USD 10bn in Eight Months, Achieving Over 11% Growth

Cambodia’s trade volume with ASEAN nations soared past USD 10 billion in the first eight months of 2024, reflecting a remarkable growth of more than 11% compared to the same period last year, as highlighted in a report by the General Department of Customs and Excise, released by the Ministry of Information on 27 September […]

Read More

Mondulkiri Celebrates Inauguration of New Water Purification System Worth Over USD 150,000

The newly completed small-scale water treatment plant project in Sen Monorom City, Mondulkiri province, valued at over USD 150,000, was officially inaugurated on 10 October 2024. The ceremony was presided over by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, alongside HE Ueno Atsushi, Ambassador of Japan to Cambodia, marking a significant step […]

Read More

China Eyes Tonle Sap Mining Opportunities & Cement Production in Kampot

A delegation from Hubei province, China, led by Mr. Hu Jingli, Deputy Chairman of the Geographical Office, has expressed strong interest in studying natural mineral resources in Tonle Sap Lake, Siem Reap while advancing plans to invest in a cement plant in Kampot. This announcement followed a recent meeting with Siem Reap’s Deputy Governor, Mr. […]

Read More

Canada to Establish Embassy in Phnom Penh, Strengthening Diplomatic & Trade Ties

Canada has announced plans to open an embassy in Phnom Penh, aiming to enhance its long-standing relationship with Cambodia and expand trade cooperation between the two nations. This decision was confirmed during a working meeting between PM Hun Manet and Canadian PM Justin Trudeau on 10 October 2024 in Vientiane, Laos. PM Trudeau informed Hun […]

Read More

Svay Pak Pumping Station Nears Completion, 96% Finished, Set to Alleviate Northern Phnom Penh Flooding

The new Svay Pak pumping station, crucial for addressing the flooding in northern Phnom Penh, is now 96% complete, according to the Phnom Penh Department of Public Works and Transport’s update on 9 October 2024. The project is part of a broader initiative to expand flood control capabilities in the city, with the station’s total […]

Read More

China Grants Over USD 42m to Boost Cambodia’s Infrastructure Development

To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s […]

Read More

Cambodia Approves 28 New Projects in September, Attracting USD 443m Investment

Cambodia greenlighted 28 new investment projects in September 2024, worth approximately USD 443 million, creating around 25,000 jobs across various industries. This impressive investment surge includes 26 new projects and two production expansions, positioning Cambodia as an attractive hub for both local and international investors. The Council for the Development of Cambodia confirmed the details […]

Read More

Japanese Firm, MIRARTH, Expands Cashew Processing in Kampong Thom with Plans to Extract Oil from Cashew Shells

MIRARTH, a Japanese company operating in Kampong Thom, is significantly expanding its cashew nut processing capacity from 300 tons per year in 2021 to 1,500 tons annually while exploring new avenues for refining oil from cashew shells. This initiative reflects the company’s commitment to innovation and value-added processing within Cambodia’s agricultural sector. The company presented […]

Read More

MPWT Completes Trapeang Sre Border Gate Project, Paving Way for Next-Phase Development

The Ministry of Public Works and Transport (MPWT) has officially announced the successful completion of the Trapeang Sre International Border Gate Improvement Project, a critical undertaking implemented under the Official Development Assistance Framework of the Republic of Korea. This milestone is expected to enhance cross-border trade and logistics operations in the region, positioning Cambodia for […]

Read More

Pinglu Canal Set to Revolutionise China-ASEAN Trade Routes, Achieves 53% Milestone

The Pinglu Canal, a pivotal infrastructure project in southern China’s Guangxi Zhuang Autonomous Region, has already seen 53.2% of its construction completed since work began on 28 August 2022. This major progress was reported on 10 September 2024. With a total investment of approximately USD 9.97 billion, this ambitious project is expected to open new […]

Read More