EU To Grant €86m Boost for Cambodia’s Transformative Programs

The European Union (EU), under the Global Gateway framework, is set to inject approximately US$94 million (€86 million) in grant funding to Cambodia. The Ministry of Economy and Finance, in its press release dated 15 January 2024, revealed the EU’s commitment to support Cambodia’s progress through four pivotal programs. During a meeting with HE Dr. […]

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Gov’t Unveils Five New Features in IT Nursery System

The Cambodian government has introduced five new functionalities to the Information Technology Nursery Business Registration System. This landmark decision, announced through a joint press release on 15 January 2024, aims to streamline online company registration processes and foster a more efficient business environment. Effective from 15 January 2024, the five new functions integrated into the […]

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MLMUPC Mandates Licensed Engineers for Project Approvals

In a bid to reinforce the standards of construction projects across Cambodia, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) issued a crucial announcement on 11 January 2024. According to Article 15 and Article 32 of the Law on Construction, the MLMUPC asserts that all design projects utilised for construction or demolition purposes […]

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JCA: Attracting Even 0.1% of Japanese SMEs Means 4,000 Companies Investing in Cambodia

The Japan-Cambodia Association (JCA)  is gearing up to establish its presence in Cambodia, aiming to attract Japanese investors and promote Cambodia’s investment potential among Japan’s vast network of around 4 million small and medium enterprises (SMEs). HE Takahashi Fumiaki, President of the Japan-Cambodia Association, revealed this plan during a recent meeting with Samdech Techo Hun […]

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VinFast Accelerates Global Expansion with US$2bn Investment Plan in India

In a strategic move to penetrate the dynamic Indian automobile market, Vietnamese electric vehicle manufacturer VinFast Auto Ltd. has inked a landmark agreement with the southern state of Tamil Nadu, outlining a substantial investment of up to US$2 billion. This visionary step places VinFast at the forefront of India’s burgeoning electric vehicle landscape, aiming to […]

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Mondulkiri’s Skyward Ambitions: Private Sector Gains Approval for New Airport Investment

The Cambodian government has granted approval for the exploration and investment in the Mondulkiri Airport project to the FOCUS Consortium, led by FOCUS Consulate Global Venture. Notification No. 41 of the NCC, dated 9 January 2024, signifies the government’s commitment to propel Mondulkiri into a hub of progress. Beyond the scope of the airport, the […]

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Phnom Penh Autonomous Port Unveils Three Cutting-Edge Satellite Terminals in Three Major Strategic Locations

The Phnom Penh Autonomous Port (PPAP) has proudly unveiled three state-of-the-art multi-purpose satellite terminals. The strategic locations of these terminals include TS11 in Phnom Penh, UM2 in Tbong Khmum province, and LM26 in Prey Veng province. The inauguration ceremony was presided over by HE Peng Po, Minister of Public Works and Transport, on 12 January […]

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New Siem Reap Airport Investment Company Announces Two-Year Access Fee Reduction

The New Siem Reap-Angkor International Airport Investment Company has unveiled a significant initiative aimed at facilitating smoother travel experiences for various vehicles accessing the airport. In a recent meeting chaired by Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia, the Commission for Urgent Affairs discussed and approved […]

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Thailand Sets Up a Date to Talk with Cambodia on the Gulf Overlapping Claims

In a strategic move to address the overlapping claims in the Gulf of Thailand, Thailand, and Cambodia are slated to commence discussions on 7 February 2024. This 26,000-square-kilometre area, known for its abundant energy resources, has been a point of contention between the two nations. Cambodian Prime Minister Hun Manet is scheduled to visit Thailand […]

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MoE Unveils Four Robust Measures to Safeguard Cambodia’s Air Quality

The Ministry of Environment has issued a comprehensive set of four key measures to be implemented across the 25 capital-provincial administrations. Announced on 10 January 2024, these measures aim to mitigate the adverse impacts of public air pollution, especially during the dry season from December to April. Highlighting the urgency of the situation, the MoE’s […]

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