CICC Unveils Five Transformative Projects to Foster Siem Reap’s Development
The Cambodia International Trade Association (CICC) has recently announced the launch of five groundbreaking projects aimed at driving the growth of Siem Reap province and generating employment opportunities for its residents. This momentous revelation came to light during a meeting between Mr. Johnny Mo, Director of the International Trade Association of Cambodia (CICC), and HE […]
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PM Announces Free Healthcare at Cambodia’s Largest Hospital for All Citizens, Especially Workers
PM Hun Sen has declared that all Cambodian citizens, particularly workers, can avail themselves of free medical treatment at the newly constructed “Techo Santepheap” Hospital, the largest healthcare facility in Cambodia. The PM made this announcement during a gathering with approximately 20,000 workers in Kandal province’s Ang Snoul district on 29 June 2023. Expressing his […]
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Gov’t Strengthens Real Estate Regulations to Boost Investor Confidence
In a significant move to enhance transparency, efficiency, and investor trust in the real estate sector, the Government of Cambodia has recently issued a comprehensive sub-decree aimed at managing and controlling the real estate development business. Sub-Decree No. 50, dated 2 March 2023, outlines measures to ensure fairness, attract investment, and foster a thriving real […]
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Booyoung Group’s Milestone Agreement: 1,000 Modern Buses to Enhance Cambodia’s Transportation Network
Booyoung Khmer II Co., Ltd., a prominent subsidiary of BOOYOUNG GROUP from the Republic of Korea, has inked a significant agreement with the Cambodian government to provide a total of 1,000 buses in three phases. The official press release by the Ministry of Economy and Finance on June 29, 2023, sheds light on this remarkable […]
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Koh Kong Provincial Authority Implements Ban on Land Purchase and Ownership Transfers in Sre Ambel District
The Koh Kong Provincial Authority has made an important announcement regarding land transactions in Sre Ambel district. As per the press release dated June 23, 2023, all land transfer licenses pertaining to the remaining land from the policy settlement have been rendered null and void. This decision affects two groups comprising 175 and 200 families […]
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A Modern co-educational hall of Techo Sen Institute of Public Works officially inaugurate
The Techo Sen Institute of Public Works and Transport Costing a remarkable US$ 650,000.00, proudly inaugurated its latest addition, the Techo Sen Modern Co-educational Hall, in a grand ceremony on June 28, 2023. The prestigious event was presided over by Samdech Pich Sena Tea Banh, Deputy Prime Minister and Minister of National Defense, emphasizing the […]
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Kampong Speu Attracts Chinese Investors for Priority Industries
Kampong Speu Province has caught the attention of Chinese investors from Henan Province who are actively studying the region for potential investment opportunities in three key sectors: industry, agro-industry, and agriculture. HE Vy Samnang, Governor of Kampong Speu Province, made this announcement on June 28, 2023, highlighting the growing interest from Chinese investors in the […]
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Cambodia Securities Exchange Sees Growing Investor Interest: 20 Companies Invest $330 Million
The Cambodia Securities Exchange (CSX) continues to gain momentum as the number of listed companies on the IPO reaches an impressive milestone of 20, with a cumulative capital investment of US$330 million. HE Hong So Hour, the Government delegate overseeing the Cambodia Securities Exchange Company, made this announcement during the official registration ceremony of Meng […]
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New Investment Law Implementation Unveiled: Government Enhances Tax Incentives for Qualifying Projects
The Government of Cambodia has recently introduced a significant sub-decree pertaining to the implementation of the Investment Law of the Kingdom of Cambodia. Referred to as Sub-Decree No. 139, this new legislation, dated June 26, 2023, encompasses 7 chapters and 28 articles. Its provisions apply to investment projects that have been duly registered and acknowledged […]
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Siem Reap River Rehabilitation Project Progresses: Phase II Reaches 40%, Three Bridges Achieve 50% Completion
Significant advancements have been made in the second phase of the Siem Reap River Rehabilitation Project, with completion reaching approximately 40%. This crucial initiative, aimed at safeguarding Siem Reap from flooding, was highlighted during a recent announcement on national radio on June 27, 2023. Mr. Chheng Kong Sun, Deputy Director of the Siem Reap River […]
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Kampong Chhnang Multi-Purpose Port and Logistics Center to Launch soon, Revolutionizing Shipping Operations
The highly anticipated Kampong Chhnang Multi-Purpose Port and Logistics Center is gearing up for its official launch, poised to transform shipping and export operations in the region. During a visit on 26 June 2023, HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport, confirmed that the port is ready to commence operations […]
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Aeon Mall Launches Phase I of FTZ Logistics Center, Paving the Way for Enhanced Logistics Solutions in Sihanoukville
Aeon Mall (Cambodia) Logistics Plus Co., Ltd. proudly inaugurates the first phase of the Aeon Mall Logic Plus (FTZ Logistics Center) in Sihanoukville, marking a significant milestone in the realm of advanced logistics solutions. The momentous announcement was made through Aeon Mall (Cambodia)’s official Facebook page on 26 June 2023. The Aeon Mall Logistics Sihanoukville […]
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