In 24 years, the government issued nearly 70,000 construction permits worth USD78.96 billion
In the past 24 years, Cambodia has made significant strides in its construction sector, issuing nearly 70,000 construction permits for projects valued at approximately USD 78.96 billion, according to a report from the Ministry of Land Management, Urban Planning, and Construction presented at a conference on November 26, 2024. The report indicates that the Royal […]
Cambodia Unveils Modern National Assembly Building with USD25 Million Vietnamese Aid
Cambodia has inaugurated a modern National Assembly administration building, constructed with a USD25 million aid package from Vietnam. The ceremony, held on 21 November 2024, was attended by Samdech Khuon Sodary, President of Cambodia’s National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly of Vietnam, symbolising the enduring friendship between the […]
Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia
Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]
Japan Invests Over USD40 Million in Cambodia, Enhancing Economic Partnerships in 2024
Japan has invested over USD40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Duke Association […]
Chinese Investor Zhongjiao Tongli Expands Agricultural Ventures in Ratanakkiri and Mondulkiri
China’s Zhongjiao Tongli has announced plans to invest in large-scale cultivation of bananas and mangoes across Cambodia’s northeastern provinces of Ratanakkiri and Mondulkiri, signalling a significant boost for the nation’s agricultural sector. The announcement followed a meeting between PM Hun Manet and Mr. Zhongdi Sun, President of Zhongjiao Tongli, on 6 November 2024, in Kunming, […]
Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector
Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee […]