Construction Focus
Road No. 377 Rehabilitation in Kratie Province Achieves 22% Milestone
Marking a significant stride in infrastructure enhancement, the Road Rehabilitation Project for Roads 377 and 377A in Kratie province has reached a commendable 22%, as of January 2024, according to the official announcement from the Kratie Provincial Administration on 21 January 2024. This ambitious project is dedicated to elevating the quality, repair, and maintenance of […]
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Japan’s Support Elevates Drainage Maintenance & Flood Prevention Expertise in Phnom Penh
Japan extends a helping hand through comprehensive training programs. The culmination of these efforts was marked by the closing workshop of the Japan International Cooperation Agency (JICA) Partnership Program in the Sewerage System, organised jointly by the Department of Public Works and Transport of Phnom Penh and the Office of Water and Sewerage in Kitakyushu, […]
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Indonesia’s Lippo Group Explores Investment Avenues in Cambodia’s Health & Real Estate Sectors
Cambodia has welcomed the interest of Indonesia’s renowned Lippo Group in investing in the country’s health and real estate sectors. The announcement comes on the heels of a meeting between Prime Minister Hun Manet and Mr John Riady, the CEO of Lippo Group, during the prestigious 2024 World Economic Forum in Davos, Switzerland, on 17 […]
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Thai PM Calls for Higher Wages & Diverse Incentives for Foreign Investments In ASEAN
Thai Prime Minister Srettha Thavisin has called on leaders of other ASEAN countries, including Malaysia and Cambodia, to work together to find ways to raise minimum wages and propose changes to foreign investment incentives, according to Thailand Business News on 22 January 2024. Speaking at the World Economic Forum in Davos, PM Thavisin emphasized the […]
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Green Horizon 2050: Cambodia’s Ambitious Forest Cover Pledge and International Nursery Initiative
The Ministry of Environment, under the leadership of HE Eang Sophalleth, has unveiled plans to elevate the nation’s forest cover to an impressive 60% by the year 2050. The ambitious strategy includes the establishment of international-scale nursery stations across four provinces, as announced during a meeting with ministry leaders and civil servants on 22 January […]
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Cambodia & France Forge €215 Million Partnership for Energy Revolution
Cambodia and France have inked three pivotal Memoranda of Understanding (MoUs) to propel the development of renewable energy, marking a significant stride towards advancing Cambodia’s energy landscape. The Ministry of Mines and Energy unveiled this transformative initiative through a press release on 19 January 2024. The trio of MoUs, orchestrated between the Ministry of Mines […]
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Tonle Snguot Park: A Transformative Oasis Unveiled in Tbong Khmum Province
The Ministry of Environment unveiled its ambitious plans for the Tonle Snguot Park in Thnal Keng village, Preah Theat commune, Ou Raing Ov district, Tbong Khmum province. The 14-hectare dry river area is set to undergo a remarkable transformation into a haven for tourists. The groundbreaking ceremony was presided over by HE Eang Sophalleth, Minister […]
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While China-Western Trade Tension Increases, China-ASEAN Trade Increases, with US$616bn Surge Projected
In the face of persistent trade tensions and escalating barriers between China and the West, a new analysis by Boston Consulting Group (BCG) forecasts a substantial surge in trade between China and the Association of Southeast Asian Nations (ASEAN). According to a zawya.com report on 9 January 2024, this burgeoning economic partnership is poised to […]
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HE Sok Siphana: China to Increase Investment with Cambodia in 2024
A promising outlook for Cambodia-China economic and trade cooperation in 2024 has been painted by Sok Siphana, senior minister and Chairman Emeritus of the Board of Directors of the Asian Vision Institute. Mr Sok envisions a year of deeper collaboration, emphasising that the steadily increasing bilateral trade and investment volumes between the two nations will […]
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Thailand’s Visionary Leap: US$8.8bn ‘Eastern Aviation City’ Set to Soar in Easter Provinces
In a groundbreaking venture, Thailand is poised to construct the ambitious ‘Eastern Aviation City,’ a cutting-edge transportation hub set to revolutionize the nation’s east coast. With a staggering budget of US$8.8 billion, this transformative project encompasses the expansion of U-Tapao International Airport and the birth of Eastern Airport City, marking it as Thailand’s most expansive […]
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