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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Stueng Bot-Ban Nong Ean International Border Checkpoint Nears Completion at 91.26%
The Khmer-Thailand International Border Gate project, commonly known as the Stueng Bot-Ban Nong Ean International Border Checkpoint, has reached an impressive 91.26% completion as of 14 September 2023. This significant progress was inspected by the Minister of Public Works and Transport HE Peng Po on 13 September 2023. The governments of Cambodia and Thailand have […]
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HE Sun Chanthol: Fake News on Cambodia’s Investment Climate Affects Foreign Investors’ Interests
One of the pivotal topics of discussion during the visit of HE Sun Chanthol, Deputy Prime Minister & CDC 1st Vice-Chairman, to Zhejiang SEZs in Sihanoukville on 11 September 2023 was the management’s concerns, particularly among Chinese staff, regarding the circulation of fake news about security in Cambodia. Deputy Prime Minister Sun Chanthol emphasised the […]
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Vietur Consortium Wins Bid to Construct US$1.5 Billion Long Thanh International Airport Terminal
The Airports Corporation of Vietnam (ACV) has awarded the construction of the US$1.5 billion terminal at Long Thanh International Airport, located near Ho Chi Minh City, to the Vietur Consortium. This consortium, led by the seasoned Turkish contractor IC Içtas, boasts the participation of nine Vietnamese companies alongside IC Içtas itself. Notably, this selection follows […]
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Koh Kong to Welcome Zhejiang SEZ’s Ambitious Expansion: 1,000Ha to Boost Foreign Investments
Koh Kong province in Cambodia is gearing up to expand foreign direct investment with the expansion of the Zhejiang Special Economic Zones (SEZs) into a strategic new location in Koh Kong province, encompassing a sprawling 1,000 hectares of prime land. This promising development took centre stage during the recent visit of HE Sun Chanthol, Deputy […]
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US$16m Sewerage & Wastewater Treatment Plant Inaugurated in Stoeung Sen
Stoeng Sen City in Kampong Thom province has celebrated the official inauguration of the Stoeng Sen Sewerage & Wastewater Treatment Plant Project, a remarkable initiative valued at over US$16 million. The facility was inaugurated by HE Peng Po, Minister of Public Works and Transport, on 15 September 2023, signifying a significant stride towards modernising and […]
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Cambodia’s Investment Landscape Grows: Six Projects Worth US$34.6 Million Approved
The Council for the Development of Cambodia (CDC) has given the green light to six ambitious projects. These projects, with a combined investment of US$34.6 million, are set to not only contribute significantly to the country’s economic growth but also generate 7,584 employment opportunities in Kampong Speu, Takeo, and Phnom Penh. The CDC announcement on […]
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Kampong Cham Authorities Put a Halt to Land Transactions in Mekong Area for Sustainable Agriculture
The provincial authorities of Kampong Cham have taken a decisive step to safeguard the pristine beauty of Prang Ta Sok, an area nestled in the heart of Taing Kork village, Taing Krasang commune, Batheay district, Kampong Cham province. In a move signifying their commitment to conservation, the authorities have officially suspended the purchase, sale, and […]
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