MoT & Samra Seaplane Forge Dynamic Partnership to Propel Cambodian Air Transport Services & Tourism

The Ministry of Tourism has embarked on a transformative collaboration with Samra Seaplane. This ambitious partnership, unveiled during a pivotal meeting on 1 August 2023, between HE Chuk Chumnor, Director General of Tourism Development and International Cooperation at the Ministry of Tourism, and Mr Dennis Keller, the visionary CEO of Samra Seaplane, in a joint venture of the renowned Royal Group...

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Powering Progress: Industry Sector Set to Drive 39% of Cambodia’s GDP Growth in 2023

Cambodia's industrial prowess continues to surge, poised to shape the nation's economic landscape with a forecast of contributing 39% to the Gross Domestic Product (GDP) in 2023, a notable increment from the 38% registered in the preceding year. The industry sector's ascending trajectory was underscored by HE Heng Sokkung, the Secretary of State and spokesperson for the Ministry of Industry, Sc...

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Unveiling the Splendour: Kesor Kol Conservation Centre at Phnom Kulen Inaugurated

The 10-hectare Kesor Kol Guest House and infrastructure in Preah Jayavarman Phnom Kulen National Park have been officially inaugurated. The ceremonial inauguration, held on 2 August 2023, was presided over by HE Say Sam Al, Minister of Environment, signalling a resounding dedication to fostering sustainable conservation and ecological research. Nestled across a sprawling expanse of 10 hectares,...

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ADB Catalyses Cambodia’s Skill Renaissance with US$100m Investment in Industrial & Technological Expertise

In a significant stride towards Cambodia's future workforce empowerment, the Asian Development Bank (ADB) has confirmed a commitment to a US$100 million loan. The strategic infusion is poised to reshape Cambodia's economic trajectory, propelling it towards a vibrant landscape of industry and technology, underpinned by an enriched and skilled labour force. In an official press release on 1 Augus...

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Samdech Techo Inaugurates Ring Road 3, Now Completed at Whopping US$464m

The highly anticipated inauguration of Ring Road 3, a testament to connectivity and progress, was celebrated under the leadership of Samdech Hun Sen, PM of Cambodia on 3 August 2023. Symbolising a beacon of sustainable development, the grand inauguration of Ring Road 3, after a colossal investment of US$464 million, resonated as a triumph of cross-border cooperation and steadfast commitment to ...

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Cambodia Achieves Successful Bond Issuance of US$27 Million in H1-2023, Equal to 13.5% of Plan

The Cambodian government has successfully issued bonds worth a total of US$27 million in the first half of 2023. This remarkable achievement signifies a substantial step towards the realisation of the planned US$200 million issuance, according to the release of the Ministry of Information on 31 July 2023. The Ministry of Information's release on 31 July 2023 underscored the significance of this...

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Transformative Mekong River Bridge Project in Kratie Province Gains Momentum, Reaches 15% Completion

A large infrastructure project is swiftly shaping the landscape of Kratie province as the construction of a pivotal bridge across the Mekong River marks a significant milestone, achieving an impressive 15% completion rate as of July 2023. The project progress, overseen with a visit by the Kratie Provincial Department of Public Works and Transport in collaboration with CNC on 2 August 2023, attests...

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China Approves Six New Nuclear Reactors to Expand as World’s Biggest Pipeline of New Atomic Energy

In a resolute move that underscores its commitment to bolstering its nuclear capabilities, China's State Council has granted the green light for the construction of six new nuclear power units, signifying a monumental stride in the nation's ongoing pursuit of expanding its extensive pipeline of groundbreaking atomic energy initiatives. The approved projects, with a combined estimated investment...

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CamDX Registers Construction Companies with Investment Capital of US$1bn & Real Estate Firms with US$921m

The innovative Online Business Registration Platform, CamDX, has emerged as a catalyst for economic growth, registering an impressive influx of investments within Cambodia's construction and real estate domains. As of July 2023, the platform has facilitated the registration of construction companies boasting a combined investment capital of US$1.07 billion, while concurrently ushering in real esta...

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Progress Reaches 65% in Conversion of Old Railway into Modern Concrete Road, Russey Keo

The ambitious project to renovate the former 4,400-metre-long railway line in Russey Keo district into a reinforced concrete road has edged closer to completion, boasting a commendable 65% progress. National Television of Cambodia shared this significant update on 31 July 2023. This transformative initiative is set to redefine connectivity in the region, with the conversion of the old railway s...

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