Eve Energy Partners with Energy Absolute to Establish Cutting-Edge Lithium-Ion Battery Plant in Thailand
Chinese battery manufacturer Eve Energy has entered into a Memorandum of Understanding (MOU) with Energy Absolute (EA), Thailand’s premier renewable energy company. Their collaborative goal is to construct and operate a cutting-edge factory dedicated to the production of lithium-ion batteries, specifically for electric vehicles (EVs). This announcement aligns with the global trend of investment in […]
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Cambodia’s Industrial & Agricultural Sectors Receive Special Electricity Discounts to Boost Production
The Ministry of Mines and Electricity of Cambodia, in conjunction with the Electricity Authority of Cambodia, has announced a significant reduction in electricity prices for industrial and agricultural consumers nationwide. This strategic move aims to stimulate the expansion of production, factories, and enterprises, ultimately generating employment opportunities and income for the population. This initiative was […]
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Sihanoukville Ready for US$40 Million Steel Plant Investment
In a significant move that promises to reshape Sihanoukville’s economic trajectory, the Council for the Development of Cambodia (CDC), has granted an investment project registration certificate to “HUALE STEEL (CAMBODIA) CO., LTD.” The company is embarking on a transformative journey to establish a versatile steel plant within the Sihanoukville Port Special Economic Zone, according to […]
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CBA Expo 2023: Pioneering the Future of Construction, Mining & Building Industries
In a testament to innovation and progress, CBA Expo 2023, the inaugural international trade exhibition and conference dedicated to machinery, tools, equipment, and technology for the construction, mining, and building sectors, concluded with resounding success. Held at EH100, BITEC Bangkok, Thailand, from 13-15 September 2023, this event emerged as a definitive platform for industry stakeholders […]
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Chinese Firm Eyes Over 300 Hectares for Chemical Fertiliser & Pesticide Production in Cambodia
A prominent Chinese investment company based in Anhui province is seeking to acquire more than 300 hectares of land to establish chemical fertiliser and pesticide production facilities. This initiative follows a productive meeting held on 19 September 2023, between HE Chea Vuthy, Secretary General of the Cambodian Investment Commission, and a delegation from the Chinese […]
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China’s Belt & Road Initiative: Some Shifting Challenges Seeing China Not Expanding Investment Abroad
A decade since China first proposed the Belt and Road Initiative (BRI), this ambitious global investment project has significantly expanded both trade and China’s international influence. Ten years in, Beijing undoubtedly wields greater clout on the global stage, but this milestone also comes with notable shifts in new investments. Positive results from the implementation of […]
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Pointer Secures Exclusive Rights to Sell the Iconic “Zion” Business Project Along 60-Metre Boulevard
In a significant move that promises to redefine Cambodia’s real estate landscape, Zion City’s Zion Commercial Real Estate Project has entered into an exclusive sales and marketing partnership agreement with Pointer, a distinguished leader in Cambodia’s real estate sector. The pact, sealed on 20 September 2023, amidst the top management of both companies, reflects a […]
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Vietnam Airlines Commits US$7.8 Billion for a Fleet Boost with 50 Boeing 737 Max Aircraft
Vietnam Airlines has inked an agreement worth US$7.8 billion to acquire 50 Boeing 737 Max aircraft from the United States. The strategic move is aimed at modernising the airline’s fleet to cater to surging flight demands, according to Reuters on 11 September 2023. The announcement of this significant agreement between Vietnam Airlines and Boeing was […]
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Grants Concessional Loan to Build Tonle Bassac Bridge Connecting Chak Angre Krom & Prek Pra
Cambodia and China have come together to sign a concessional loan agreement for the construction of the grand Tonle Bassac Bridge, creating a vital link between Chak Angre Krom and Prek Pra. This momentous agreement was officially announced through a press release from the Royal Government’s spokesperson on 17 September 2023. The signing ceremony took […]
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Gov’t Exchanges Over 37ha of Kandal State Land for US$45M Infrastructure Development
The Cambodian government has taken a decisive step towards advancing infrastructure development by trading 37,569 hectares of state-owned land in Koh Thom district, Lerk Dek district, and Sompov Poun town. This transaction, valued at US$45 million, involves the construction of crucial road networks, bridges, and administrative buildings, as per an official letter issued by Secretary-General […]
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Cambodia’s Pre-Angkor Capital Koh Ker Temple Attains UNESCO World Heritage Status
In a momentous and unanimous decision, the UNESCO World Heritage Committee, convened at its 45th session in Riyadh, Saudi Arabia, declared the illustrious Koh Ker Temple a coveted World Heritage Site on 17 September 2023, through Resolution 45 COM 8B.8. This prestigious recognition comes as a result of the Royal Government of Cambodia’s impassioned appeal […]
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20 VN Corporate Investors Meet with CCA Seeking Business Partnerships to Import VN Products
In a promising initiative aimed at strengthening cross-border trade, the Cambodia Constructors Association, led by CCA President Neak Oknha Pung Kheav Se, Chairman of the Board of Directors of Canadia Bank and Overseas Cambodia Investment Corporation (OCIC), played host to an assembly of distinguished guests. On 15 September 2023, more than 20 prominent Vietnamese enterprises, […]
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