Strengthening Economic Ties: Cambodia and India Boost Trade Relations
In a move to elevate bilateral trade relations, Cambodia and India have reported a significant increase in their trade volume, now exceeding $340 million. This announcement was made during separate discussions between Samdech Techo Hun Sen, the Acting Head of State of Cambodia, and H.E. Bawitlung Vanlalvawna, the Indian Ambassador to Cambodia, as well as […]
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Council for the Development of Cambodia Empowers Subnational Investment Committees
In a significant move to streamline investment processes, the Council for the Development of Cambodia (CDC) has announced the delegation of authority to capital and provincial investment subcommittees to register investment projects under the Cambodian Investment Project Management System (cdcIPM). This initiative is set to take effect in the third quarter of 2025. On March […]
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Gov’t Introduces Measures to Enhance Water Management in Cambodia’s Agriculture Sector
In a concerted effort to tackle the pressing challenges in water resources management, the Economic and Financial Policy Committee of Cambodia convened on March 5, 2025. The committee unveiled a comprehensive plan comprising three key measures aimed at improving water management within the country’s water and agriculture sectors. During the meeting, members deliberated on the […]
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29 Community Water Stations Inaugurated in Banteay Meanchey Province
In a significant step towards improving access to clean water, 29 community water stations funded by World Vision Cambodia were officially inaugurated today. The ceremony was presided over by H.E. Chhay Rithsen, Minister of Rural Development, alongside other distinguished officials. H.E. Um Ratay, Governor of the Banteay Meanchey Provincial Governor’s Office, announced that these new […]
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Cambodia Designates Lva Village in Battambang Province as Key Model Village
In a significant step toward rural development, the Cambodian government has designated the Lva village in Battambang province as a key model village. This initiative aims to enhance local living standards and promote sustainable development in rural areas. On March 3, 2025, His Excellency Chhay Rithsen, Minister of Rural Development, led a delegation to inspect […]
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Korea-Backed USD 114 Million New Koh Kong Bridge Project Moves Forward with Feasibility Study
Five major Korean investment firms are currently conducting a feasibility study on the ambitious Koh Kong Bridge and National Road 48 upgrade project, which carries an estimated cost of USD 114 million. The project is expected to enhance connectivity between Khmer Rouge City and Cambodia’s western border, significantly improving transport infrastructure in the region. This […]
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Borey Peng Huoth Unveils Morakot Village: A New Era of Modern Living Begins in Phnom Penh
Borey Peng Huoth, a leader in residential development, is thrilled to announce the highly anticipated opening of its latest project, Morakot Village. Set to revolutionize the housing landscape in Phnom Penh, this new endeavor showcases innovative house styles, generously sized land options, and exclusive promotional prices. Strategically situated along the bustling 60-meter road, Morakot Village […]
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Cambodia-Thailand Trade Relations Soar to New Heights in 2024
In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighboring countries. During a pivotal meeting on March 11, 2025, Samdech […]
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Cambodia to Construct Four New International Border Crossings to Enhance Connectivity
In a significant move to boost regional connectivity, the Cambodian government plans to establish four new international border crossings in Kratie, Takeo, Tboung Khmum, and Ratanakkiri provinces. This decision was announced during a recent meeting chaired by H.E. Peng Po Nea, Minister of Public Works and Transport, held on March 3, 2025. The meeting focused […]
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Chinese Investors Eye Expansion in Cambodia: 19 Companies Explore Opportunities
In a significant development for Cambodia’s investment landscape, a delegation comprising representatives from 19 Chinese companies convened with officials from the Council for the Development of Cambodia (CDC) to discuss potential investment opportunities. The meeting took place on March 11, 2025, and was led by Mr. Liu Yong, President of the Young Investors Association in […]
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Cambodia Sees Surge in Investment Projects, Approving 112 Initiatives in Two Months
In a notable boost to its economic landscape, Cambodia has approved 112 new investment projects totaling over USD 1 billion in the two months from January to February 2025, according to the latest report from the Council for the Development of Cambodia (CDC). This wave of investment is projected to create more than 70,000 jobs, […]
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Cambodian Government Extends Property Tax Exemptions for New Cities and Agricultural Land
In a significant move to support economic growth and agriculture, the Cambodian government has announced the extension of property tax exemptions and reductions for specific areas across the country. According to Letter No. 6402 from the General Department of Taxation, property tax exemptions will apply to newly established cities and unused agricultural land exceeding 5 […]
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