Chinese Company to Recruit 6,000 in Kompong Speu
General Enterprise Garment (Cambodia) Co., Ltd, a prominent Chinese-invested garment and manufacturing company, has unveiled plans to recruit a substantial workforce exceeding 6,000 individuals. This recruitment drive is fuelled by the company’s commitment to bolster its second factory’s operations in Kompong Speu, following the resounding success of its inaugural facility in Kandal. This ambitious expansion […]
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ThaiBev to Establish a US$108 Million Beverage Powerhouse in Cambodia
Thai Beverage (ThaiBev), a prominent ASEAN food and beverage conglomerate listed in Singapore, is poised to make a significant mark in Cambodia with a staggering investment of 4 billion baht (equivalent to US$108 million). Their grand plan includes the construction of a state-of-the-art beverage and beer factory, as reported by the Bangkok Post on 4 […]
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Japanese Investors Forge Path to Develop Construction Technical Training School in Cambodia
Japanese investors have unveiled ambitious plans to establish a state-of-the-art construction technical training school in Cambodia, marking a significant stride in the realm of skill development and bilateral cooperation. This exciting revelation came to light during a high-level meeting held on 4 October, where former Japanese Minister of Justice, Iwaki Mitsuhide, along with representatives from […]
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Siem Reap Angkor International Airport Triumphs in Non-Commercial Flight Test, Gearing Up for Commercial Operations
Siem Reap Angkor International Airport has successfully concluded a comprehensive airport flight demonstration, clearing the way for the launch of commercial aircraft operations set for mid-October. On 5 October 2023, the airport marked this achievement with the participation of three prominent airlines: Sky Angkor Airlines from Phnom Penh International Airport, Cambodia Airways departing from Sihanoukville […]
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CDC Approves 74 Projects Worth Over US$760 Million in Q2
Cambodia’s investment climate continues to improve as the Council for the Development of Cambodia (CDC) has given the green light to 74 new investment projects in the second quarter of 2023. This surge represents a remarkable 45% increase compared to the same period last year. According to a recent report from the Ministry of Economy […]
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Unveiling Marum Estate: A Visionary Landmark in Cambodia
Phnom Penh, Cambodia – October 4, 2023 – In the heart of Cambodia’s rapidly transforming and burgeoning Kandal province, Sir Stamford Raffles (Cambodia) Co. Ltd. set another milestone with the groundbreaking ceremony for its multiple award-winning township and mixed-use development, Marum Estate. Beyond marking the inauguration of construction works, the groundbreaking was a celebration of […]
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Cambodia’s Construction Material Imports Reach US$921 Million in H1
In the first half of this year, Cambodia imported construction materials worth an impressive US$921 million, signalling a robust market for development, according to a dynamic report from the Ministry of Economy and Finance revealing that 1,849 construction permits have been approved. While this figure reflects a 6.3% decrease from the same period in the […]
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Boonyoung Group’s Generosity Extends: 10 Buses Gifted to Koh Kong Provincial Administration
Korea’s Boonyoung Group continues its benevolent outreach, now extending a helping hand to the Koh Kong Provincial Administration. In a generous gesture, they have donated 10 passenger buses, each seating 20 individuals. The initial phase includes the delivery of five buses, a contribution that promises to enhance local mobility and access. This philanthropic initiative was […]
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Angkor Wat Attracts Record Revenue of US$24m in First Nine Months of 2023
In a remarkable testament to Cambodia’s enduring appeal as a tourist destination, the iconic Angkor Wat temple complex has generated an impressive US$24,955,397 in revenue during the first nine months of 2023. This revenue was derived from ticket sales to the Angkor complex, drawing the admiration of 539,561 foreign tourists. The surge reflects a remarkable […]
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MoE Initiates Water Purifier Installations in Communities & Schools to Combat Plastic Waste
In an effort to combat the pervasive issue of plastic waste, Cambodia’s Ministry of Environment is embarking on an ambitious plan to install water purifiers in communities and schools across the nation. This eco-conscious initiative was announced by HE Eang Sophalleth, Minister of Environment, during a pivotal meeting on 22 September 2023, with Ms. Meloney […]
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Cambodia Welcomes US$11.3m Investment for Two New Factories in Kampong Speu & Svay Rieng
The Council for the Development of Cambodia (CDC) has given the green light to two companies set to invest a total of US$11.3 million in establishing two factories. These ventures are expected to generate a total of 1,289 job opportunities, benefitting residents of Svay Rieng and Sihanoukville. The CDC announcement on 28 September 2023, highlighted […]
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US$ 19m Siem Reap Referral Hospital 100% Completed: A New Dawn in Healthcare Beckons
The brand-new Siem Reap Referral Hospital’s surgical service center, with an investment of US$19 million, has reached its pinnacle of development with 100 percent complete and is scheduled to be officially inaugurated soon. This state-of-the-art healthcare facility, realized through generous grants from the Japanese government, is poised to revolutionize healthcare services in the province. The […]
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