Cambodia and UAE to Sign Comprehensive Economic Partnership Agreement

Cambodia and the United Arab Emirates (UAE) have finalized the negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA), which will be signed later this year. The agreement aims to diversify export markets and promote Cambodia's economic integration into the region and the world. Minister of Commerce H.E. Pan Sorasak and H.E. Thani bin Ahmed...

Read More

GOV’t mulls to develop Tboung Khmum as carbon-neutral province to improve quality of life

A senior official of the Ministry of Environment has revealed plans to transform Tboung Khmum into a carbon-neutral province to enhance the quality of life of its residents. During a meeting on the morning of 16 March, 2023 to review the province's environmental progress in 2022 and its goals for 2023, HE Eang Sophalleth, Secretary of State of the Ministry of Environment, emphasized the importance...

Read More

Bulgarian Ambassador Vows to Boost Investment in Cambodia as Trade Volume Increases by 78% in 2022

The Ambassador of the Republic of Bulgaria to Cambodia, Mrs. Marinela Petkova, has pledged to attract more Bulgarian businessmen and investors to Cambodia to explore investment opportunities. The commitment was made during a meeting between HE Pan Sosak, Minister of Commerce, and Mrs. Petkova on March 15, 2023. According to the meeting, the current trade volume between Cambodia and Bulgaria has...

Read More

Gov’t Pledges to Finish Master Plan for Sihanoukville SEZ by Mid-2023

The Cambodian government has announced its commitment to complete the master plan for Sihanoukville's multi-purpose special economic zone (SEZ) by mid-2023. The inter-ministerial working group met to discuss the draft report of the second phase of the "Master Plan," which includes 1. Economic development, industry, and industrial land management, 2. Labor market and vocational training, 3. Spec...

Read More

Germany’s Build4People Project Proposes Key Strategies to Transform Chbar Ampov to a Green Residential Area

Germany has helped develop six key strategies to transform Chbar Ampov into a model green residential area in Phnom Penh. This was unveiled during the "Sustainable Housing Project for People (Build4People)" workshop held from 26 February to 3 March 2023. Build4People is a joint venture between the Phnom Penh administration and the Government of the Federal Republic of Germany, with additional supp...

Read More

Japan Provides Over US$200K to Build Bridge & Strengthen Chicken Production in Cambodia

The government of Japan has granted a total of US$209,197 for a bridge construction project and a project to strengthen the value chain of Khmer chicken production in Cambodia. The signing ceremony of the grant agreement between HE U Inu Atsushi, Ambassador of Japan to Cambodia, and the representative of the recipient institution took place on 14 March 2023.  The Grants for Small-Scale Human Se...

Read More

Gov’t Drafts Law to Boost Inland Shipping Competitiveness

The Ministry of Public Works and Transport is working on a draft law to promote inland waterways and ports, to boost the competitiveness of Cambodia's ports with other regional and international players.   HE Sun Chanthol, Minister of Public Works and Transport, instructed the technical working group to refine the draft law during a meeting on 13 March 2023, to ensure the development of the wat...

Read More

Cambodia Seeks China’s Assistance to Build Five Roads for New Economic Pole Development

Cambodian Prime Minister Hun Sen has requested China's assistance in constructing five crucial roads in the northwestern and western provinces of Cambodia to hasten the establishment of the fourth economic pole.   The pole is expected to cover four provinces, namely Pursat, Battambang, Banteay Meanchey, and Pailin. During a meeting with people in the Stung Pursat 1 Dam area on 14 March, Hun Sen...

Read More

Gov’t Pushes for Renewable Energy Investment to Meet Growing Demand

Cambodia's Prime Minister, Samdech Hun Sen, has emphasised the importance of investing in renewable energy to meet Cambodia's growing electricity demand.   Speaking at a get-together with people on 14 March in Veal Veng district, Pursat province, Samdech Hun Sen highlighted that electricity is not only a necessity of daily consumption but also a major industrial demand for Cambodia's economic g...

Read More

New Economic Pole to Help Strengthen Cambodia-Thailand Border Trade Partners

Cambodia has revealed its plans to create a fourth economic pole along the Cambodian-Thai border, aiming to boost economic growth and trade in the agricultural sector. The announcement was made by the Minister of Agriculture, Forestry and Fisheries, HE Minister Dit Tina, during a meeting with HE Cherdkiat Atthakor, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Thailand, on 10 Marc...

Read More