Construction Focus
Chinese Shipbuilder Eyes Cambodian Market for Expansion
Shanghai Hantang Shipping Co., Ltd. (SHS), a prominent player in the Chinese shipbuilding industry, is set to explore new horizons by exporting ships from Shanghai to the Cambodian market. This strategic move was discussed during a high-level meeting at the company’s headquarters, led by HE Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ...
Read MoreCambodia, China & UNICEF Unite for Climate-Resilient Water & Sanitation Services
In a significant step towards enhancing climate resilience in Cambodia, the Ministry of Industry, Science, Technology, and Innovation, alongside the Ministry of Water Resources of the People's Republic of China and UNICEF, has launched the “Cambodia Climate Resilient Water and Sanitation Project.” This initiative aims to strengthen water and sanitation services across the country, addressing the c...
Read MoreCambodia Set to Launch Digital Professionals Association to Empower Future Workforce
In a significant move to enhance the digital landscape, Cambodia’s Ministry of Posts and Telecommunications, alongside the Ministry of Education, Youth, and Sports, has announced the establishment of a Digital Professionals Association. This innovative initiative is designed to foster collaboration and advance skill development in nine critical areas that are essential for the nation’s digital tec...
Read MoreIndonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion
In a significant diplomatic engagement, HE Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on 6 March 2025. Ambassador Damosumato's remarks come on the heels of a n...
Read MoreJapan Enhances Cambodia’s Development with Significant Aid Package
In a remarkable commitment to bolster socio-economic progress in Cambodia, the Japanese government has announced a generous grant of 404 million yen, which is approximately USD 2.9 million. This funding aims to support a range of important development projects that will positively impact communities throughout Cambodia. The official signing ceremony took place on 27 February 2025, with HE Deput...
Read MoreChina Invests Nearly USD 300 million to Build Glove Factory in Svay Rieng Province
Nex Healthcare Co., Ltd., a world-class Chinese company, has invested approximately USD 273 million to officially open a factory for the production of gloves (PVC and rubber) and medical equipment in the Qilu Special Economic Zone, Svay Rieng province, on 2 March 2025. During the ground-breaking ceremony for the factory, HE Chea Vuthy, Secretary General of the Committee for Investment...
Read MoreADB Announces Ambitious Expansion of Financing to Tackle Regional Challenges
In a significant move to bolster development across the Asia-Pacific region, the Asian Development Bank (ADB) has unveiled plans to increase its annual financing capacity from USD 24 billion in 2024 to an impressive USD 36 billion by 2034. This 50% expansion aims to enhance ADB's ability to address pressing regional issues and promote sustainable growth. In a press release on 18 February 2025, ...
Read MorePhnom Penh Autonomous Port Sees Significant Increase in Container Traffic & Revenue
The Phnom Penh Autonomous Port has reported remarkable growth in container traffic and overall operations for January 2025. The port handled over 40,000 TEUs (twenty-foot equivalent units) of containers, reflecting an astonishing increase of nearly 50% compared to last year. According to the preliminary business performance report released by the port authorities, the port recorded 44,379 TEUs ...
Read MoreProgress Accelerates on Cambodia-Korea Friendship Bridge Construction
The government is speeding up the construction of the Cambodia-Korea Friendship Bridge, with active site preparations underway. The Ministry of Public Works and Transport has directed technical teams from the Electricity of Cambodia and Yooshin Joint Venture to enhance their engineering and technical studies to prevent power outages during construction. On 25 February 2025, Undersecretary of...
Read MoreCambodia to Expand Industrial & Economic Zones by 2024
As part of its ongoing economic development strategy, Cambodia is poised to have a total of 20 industrial parks by 2024, with operational factories situated across five capital cities and provinces. This expansion represents an increase of three industrial parks, or 17.65%, compared to the previous year, according to the 2024 Work Results Report and the 2025 Work Directions published by the Minist...
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