Preah Monivong Flyover Fast-Tracks for Early 2024 Debut, Expanding Phnom Penh’s Skyway Landscape

The construction of the Preah Monivong flyover, a project valued at over US$36.7 million, is slated to reach its first-phase completion and become operational ahead of schedule. Instead of the initially planned date of August 2024, this essential infrastructure is now projected to be available for public use before the Khmer New Year in 2024, offering a gift of enhanced connectivity to the people ...

Read More

Korea Boosts Cambodia’s Climate Analysis Capabilities with $3 Million High-Tech System

The Korea Meteorological Administration has taken a monumental step in enhancing Cambodia's weather forecasting and climate analysis capabilities with a US$3 million donation of the GEO-KOMPSAT-2A weather receiving and analysis system. The official handover took place on October 25, 2023, marking a pivotal moment in Cambodia's climate analysis infrastructure. The project is the culmination of y...

Read More

Cambodian Gov’t Explores Opportunity to Open for Foreign Ownerships in Landed Property (Borey)

The Ministry of Land Management, Urban Planning, and Construction, in collaboration with the Cambodian Housing Developers Association, convened a high-stakes meeting to deliberate the legal framework surrounding the potential expansion of property ownership rights for foreigners in Borey projects. Chaired by HE Deputy Prime Minister Say Sam Al and Ohkna Ly Hour, President of the Cambodian Housi...

Read More

Minebea Embarks on a New Era of Renewable Energy Investment in Cambodia

Minebea (Cambodia), known for its substantial investments and contributions to Cambodia's economic landscape over the past 12 years, has unveiled an ambitious plan to expand its investments into renewable energy in the kingdom. The announcement came during a high-profile courtesy call to Samdech Techo Hun Sen, President of the Supreme Privy Council to His Majesty King and President of the Cambo...

Read More

CP Group Elevates Investment in Cambodia’s Real Estate, Healthcare, and Satellite Development

The renowned Charoen Pokphand Group (CP), Thailand’s largest private company, has unveiled ambitious plans to expand its commitment n real estate, healthcare, and satellite​ city development in Cambodia. A courtesy call between Mr. Tse Ping, Vice Chairman of CP Group, and Samdech Hun Manet, held during the "Third Belt and Road Forum" in Beijing, marked a pivotal moment in Cambodia's path to becomi...

Read More

China Spends US$10bn to Dig Massive New Canal to Ease Trade Flow with ASEAN

Recognizing that the eastern port where goods pass through the port near Taiwan looks unstable and is under US surveillance, China has invested a staggering US$10.3 billion (equivalent to 72.7 billion yuan) to carve out the sprawling Pinglu Canal. Stretching over 134 kilometers, this monumental waterway links the Xijin Reservoir near Guangxi's vibrant capital city, Nanning, to the bustling port of...

Read More

China Datang Corp. Pledges Monumental US$600m Injection to Cambodia’s Power Development

In a significant development that promises to reshape Cambodia's energy landscape, China Datang Corporation Ltd. has committed to a staggering US$600 million increase in its existing investments in Cambodia's energy sector. This announcement emerged during a pivotal meeting at the "Third Belt and Road" forum held in Beijing on 16 October 2023. Samdech Hun Manet Prime Minister of Cambodia conven...

Read More

Siem Reap’s New Airport Welcomes Inaugural Commercial Flight

In a historic moment for Cambodia, the Siem Reap Angkor International Airport officially embraced its inaugural commercial aircraft on 16 October 2023, marking a transformative leap for the country's aviation infrastructure. The momentous inauguration ceremony was presided over by HE Vongsey Visoth, Deputy Prime Minister overseeing the Office of the Council of Ministers, Mr Mao Havanal, Ministe...

Read More

Gov’t Greenlights 7 New Factories Worth US$40.8 Million in Kandal, Kampong Speu & Phnom Penh

In a resounding endorsement of Cambodia's economic prospects, the Council for the Development of Cambodia (CDC), has recently given its approval to seven companies to establish cutting-edge factories with an impressive combined investment of US$40.8 million. These strategic endeavors are set to create over 11,000 job opportunities for residents in Kandal, Kampong Speu, and Phnom Penh. The offic...

Read More

 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 place during a four-day official visit by C...

Read More