Delegation of Investment Approval Powers to Provincial Level Empowers Provinces to Attract Investments
In a significant move to foster economic growth and generate employment opportunities at the local level, Samdech Hun Sen, Prime Minister of Cambodia, announced that the government has decentralized the authority to review and approve investment projects valued at up to US$5 million to provincial authorities. This delegation of powers is aimed at attracting investments […]
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Cambodia’s Abundant Agricultural Raw Materials Present Lucrative Opportunities for Agro-Industrial Investment
During a gathering with approximately 20,000 garment workers from six factories in Kampong Cham province on June 16, Samdech Hun Sen, the Prime Minister of Cambodia, expressed his optimism regarding Cambodia’s potential to attract more agro-industrial investment. The Prime Minister highlighted the country’s abundant agricultural raw materials as a key factor in drawing investors to […]
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Cambodia Seeks Japan’s Support to Revitalize ANA Flights and Boost Tourism
In a bid to rejuvenate the tourism sector, the Minister of Tourism in Cambodia has reached out to the former Japanese Ambassador, urging assistance in reconnecting ANA flights and bolstering tourism to the country. The request was made during a meeting between His Excellency Minister Thong Khon and His Excellency Yuji Kumamaru on June 13, […]
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Cambodia Set to Welcome Five New Factories Worth US$31 Million in Five Provinces
In a boost to Cambodia’s industrial landscape, the Council for the Development of Cambodia (CDC) has granted investment project registration certificates to five companies, signaling the establishment of state-of-the-art factories across the nation. These groundbreaking ventures, with a cumulative investment of US$31 million, are poised to invigorate economic growth and create numerous employment opportunities for […]
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China Extends US$2 Million Grant to Cambodia for 9 Transformative Projects under Mekong-Lancang Cooperation
China has generously allocated a grant of US$2 million to Cambodia through the Mekong-Lancang Cooperation, empowering the implementation of nine vital projects within the country. This noteworthy financial assistance was extended under the auspices of the Special Fund Agreement for the 2023 Mekong-Lancang Cooperation Project, a testament to the enduring partnership between the two nations. […]
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French Institute AgroParisTech Unveils Four Key Recommendations to Enhance Sanitation and Wastewater Management in Cambodia
Renowned for its expertise in the field, the esteemed French Institute AgroParisTech has imparted invaluable knowledge to Cambodian experts, sharing four pivotal recommendations to enhance the management of Cambodia’s sanitation and wastewater sector. These insightful recommendations were at the core of an immersive three-and-a-half-day training course held at the prestigious Techo Sen Institute of Public […]
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DRF-Mart Set to Unveil Luxurious US$14 Million Supermarket in Bustling Sihanoukville
DRF-MART FA DAO JIA TRADING CO., LTD, a prominent private company, has secured the prestigious investment project registration certificate from the Cambodian Investment Committee of the Council for the Development of Cambodia (CDC). The certificate paves the way for the construction of an opulent US$14 million supermarket in the vibrant city of Sihanoukville. The CDC […]
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Embracing Solar Energy: MME Unveils Rooftop Solar Principle in Cambodia
The Ministry of Mines and Energy (MME) has made a significant stride towards sustainable energy by officially announcing the principle of utilizing solar energy on rooftops in Cambodia. This landmark announcement took place during a dissemination forum presided over by HE Suy Sem, the Minister of Mines and Energy, on June 13, 2023. Developed in […]
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Enhancing Connectivity: Completion of Three Vital Roads in Battambang, Mondulkiri, and Stung Treng
In a significant stride towards infrastructure development, three crucial rural roads spanning a combined distance of over 30 kilometers have reached 100% completion. The milestone was announced by the inter-ministerial committee, consisting of the Ministry of Rural Development and the Ministry of Economy and Finance, who conducted thorough inspections and evaluations. The successful handover and […]
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Unveiling the Hidden Gem: Koh Ker Awaits World Heritage Recognition
Anticipation grows in Cambodia as the extraordinary archaeological site of Koh Ker stands on the brink of securing a coveted spot on the Fourth World Heritage List. Following the successful conclusion of the 37th ICC-Angkor and Sambo Prei Kuk Technical Meetings, Mr. Long Kosal, spokesperson for the APSARA Authority, shared his optimism with RFI on […]
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Bentley Systems Announces Strategic Agreement with Worldsensing
Worldsensing Acquires sensemetrics’ Thread Connectivity Device Business, While Bentley Becomes Lead Investor in Worldsensing’s Series D Capital Raise, and Both Parties Align on a Unique Joint Go-to-Market Offering EXTON, Pa., and Barcelona, Spain – March 22, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has entered into a […]
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Unveiling the Majestic Path: USAID Envisions a 20.23km Trail up Tbeng Mountain
The United States Agency for International Development (USAID) has joined hands with three communities in Preah Vihear province to explore an ambitious project that aims to construct a breathtaking 20.23-kilometre trail up the majestic Tbeng Mountain. This trail will serve as a vital connection between the Chak Angre, Tang You, and Datavik protected areas, promoting […]
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