EU Reaffirms US$1.5 Billion to Catalyse Cambodia’s Development

The European Union (EU) has reaffirmed its unwavering dedication to Cambodia's advancement, earmarking an impressive Euro 1.43 billion (equivalent to US$1.5 billion) for pivotal developmental pursuits which was announced in a Ministry of Foreign Affairs and International Cooperation press release on 16 August 2023. This substantial financial commitment takes centre stage in the Common European ...

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Gov’t Bans Fishing & Docking Near Submarine Power Lines

The Preah Sihanouk Provincial Administration has instituted a significant measure prohibiting fishing and docking activities at specific locations along the submarine power lines concealed beneath the seabed in Sihanoukville and Koh Kong provinces effective from 16 August 2023. This regulatory action, born out of a proactive stance towards safeguarding the country's maritime assets, has far-rea...

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Kampong Speu Prepares for Influx of 25 Chinese Factories by Year End

By the close of 2023 or early 2024 at the latest, Kampong Speu anticipates the establishment of 25 factories from Chinese investors seeking to establish a significant industrial foothold. This ambitious endeavour was unveiled through an official announcement on 15 August 2023, featured on the Facebook page of HE Vy Samnang, Governor of Kampong Speu Province. The resolute decision to welcome the...

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Battambang City’s Independence Monument & Historical Park Officially Inaugurated

The long-awaited Samdech Krala Hom Park Independence Monument, Suon Thnong 53 Independence Monument and Betim Rubber Road in Battambang city, a captivating fusion of architectural marvels and lush landscapes, was inaugurated on 16 August 2023, presided over by Samdech Krala Hom Sar Kheng, Deputy Prime Minister and Minister of Interior. The legacy of the Independence Monument's groundbreaking da...

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Thailand Exploring Investment Prospects & Collaborative Ventures Across Three Cambodian Locations

A high-level delegation from the Thai Chamber of Commerce has embarked on a comprehensive exploration of three strategic special economic zones within Cambodia. This concerted effort seeks to unravel the rich tapestry of trade, investment, and partnership opportunities, poised to contribute an estimated US$2 billion to the economic landscape. The announcement follows a significant meeting between ...

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Danong Development Group: Pioneering a US$12.7bn Agro-Industry Revolution Across Six Cambodian Provinces

In a landmark move poised to redefine Cambodia's agricultural landscape, China's Danong Development Group has unveiled a visionary investment initiative, setting its sights on a colossal investment of over US$12.7 billion spanning six strategic provinces. The announcement, unveiled during an exclusive press conference by BDN TV online on 14 August marks a monumental leap forward in Cambodia's econ...

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China Invests US$3.95bn on UHV DC Transmission Line to Connect Two Regions

China has taken another monumental step towards its clean energy goals as the construction of an ultra-high voltage direct current (UHV DC) transmission line spanning an impressive 1,634km has commenced. The State Grid Corporation of China, the driving force behind this visionary project, revealed that it involves a substantial investment of approximately US$3.95 billion (28.1 billion CNY), accord...

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Cambodia Pioneers Energy Efficiency with New Electrical Appliance Management Sub Decree

In a resolute move towards sustainable energy practices, the Cambodian government has introduced a groundbreaking sub-decree aimed at enhancing the energy efficiency of electrical appliances across the nation. Unveiled under Sub-Decree No. 254, dated 11 August 2023, the legislation outlines a comprehensive framework to govern the responsible use of electricity by mandating adherence to specifie...

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Cambodia’s Ambitious Climate Agenda Requires US$7.8 Billion for Implementation

Cambodia has set its sights on robust climate change protection, with a financial requirement of approximately US$7.8 billion to realize its commitments under the United Nations Framework Convention on Climate Change (Nationally Determined Contribution: NDC). HE Tin Ponlok, a key advocate for Cambodia's environmental priorities, emphasized this need during a productive bilateral working meeting wi...

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Sihanoukville’s Third Wastewater Treatment Plant Worth US$20M Successfully Completed

A significant achievement in environmental infrastructure has been marked by the completion of Sihanoukville's third wastewater treatment plant. The announcement was made following an inspection visit by the National Committee for Coastal Management and Development of Cambodia, led by HE Deputy Prime Minister Chea Sophara, on 11 August 2023. Harnessing the cutting-edge Membrane Aerated Biofilm ...

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