Kratie’s first $ 140 million tyre factory officially opens
The first $140 million tire factory in Kratie, called Newbustar (Cambodia) Tire Co., Ltd., has officially opened. The factory is located in the UBE Snuol Special Economic Zone and was inaugurated according to the press release of Cambodia Development Advisor dated September 6, 2024. Built on a 40-hectare site, the factory opened in May 2023. […]
Hong Kong’s Fung Group Eyes Expansion in Cambodia’s Textile Industry, Exploring New Investment in SEZs
Fung Group, a prominent Hong Kong-based conglomerate, has expressed interest in expanding its investments into Cambodia’s textile and garment sectors, particularly within the country’s Special Economic Zones (SEZs). This intent was shared during a working meeting between HE Sun Chanthol, First Deputy Prime Minister and Vice President of the Council for the Development of Cambodia […]
Kampong Speu Leads Cambodia with 95 New Investment Projects in Just One Year
From September 2023 to August 2024, Kampong Speu Province emerged as a top destination for investment in Cambodia, attracting 95 new projects out of a total of 391 approved by the Council for the Development of Cambodia (CDC). This influx of investments highlights Kampong Speu’s rising prominence as an industrial and economic hub, as reported […]
Kampong Speu’s Rapid Industrial Growth: Over 423 Factories and 200k Jobs Created in 2024
Kampong Speu province is experiencing significant industrial expansion with a total of 423 factories now operational, including 30 newly established factories in the first half of 2024. These developments have generated over 200,000 jobs in the province, reflecting the area’s growing appeal to investors. This information was shared by HE Cheam Chansophoan, Governor of Kampong […]
Techo Takhmao International Airport Nears Completion with 82% of Construction Finalised
The ambitious construction project of Techo Takhmao International Airport, a Class 4F facility with an initial investment of USD 1.5 billion, is now 82% complete, according to AMS Central media on 27 August 2024. His Excellency Mao Havnall, Spokesman of Civil Aviation, confirmed that the remaining construction work, less than 20%, is on track to […]
Canada-ASEAN Business Council Eyes Agro-Industrial Investments in Cambodia
The Canada-ASEAN Business Council (CABC) is actively exploring investment opportunities in Cambodia’s burgeoning agro-industrial sector, underscoring the nation’s potential as a hub for agricultural and food industry growth. This initiative was discussed during a meeting on 28 August 2024 between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the […]