CDC Approves US$18.2m Investment in Cambodia’s Manufacturing Sector
The Council for the Development of Cambodia (CDC) has recently given the go-ahead for four new investment projects in the country’s manufacturing industry, with a total worth of US$18.2 million. These ventures are set to create thousands of job opportunities across Kandal, Svay Rieng, and Phnom Penh. According to the CDC, the first company to […]
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Cambodia’s Stronger National Budget Reduces Dependence on Foreign Loans for Infrastructure Development, Says PM Hun Sen
Cambodian Prime Minister Samdech Hun Sen has revealed that the country’s strengthened national budget has helped reduce the need for foreign loans for infrastructure development. Speaking at the fourth phase launch of the Public Financial Management Reform Program on March 20, the prime minister stated that in the past, two-thirds of the national budget was […]
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Phnom Kravanh National Park: A Potential Source of 20% of Cambodia’s Electricity
Phnom Kravanh National Park, located in Thmor Bang district of Koh Kong, Oral of Kompong Speu, and Veal Veng and Phnom Krovanh districts of Pursat, has been declared as a National Park by the Royal Government of Cambodia in 2016. The area is considered as Cambodia’s giant bump motors and battery chargers, as it contains […]
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Cambodia’s Annual Loss Estimated to be US$500 Million Due to Traffic Accidents
Traffic accidents in Cambodia kill an average of five people per day and are causing an estimated loss of about US$500 million annually from the national budget, according to the Senior Minister Sun Chanthol, Minister of Public Works and Transport. Stated this in a press conference on 20 March 2023, he urged citizens to obey […]
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The 331km NR No. 5 Upgrades on Track for 2023 Completion
The construction of NR No. 5 is making significant progress. The road is divided into three sections, with the southern section from Prek Kdam-Thlea Mam nearly 98% complete, the central section from Thla Mam – Battambang and Serei Sophorn – Poipet at 69% completion, and the northern section connecting Battambang-Serei Sophorn fully complete, according to […]
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Chinese Experts Conduct Feasibility Study for High-Speed Rail Project in Cambodia
Chinese infrastructure firm, CHINA METRO GROUP, has sent representatives to Cambodia to study the country’s transportation infrastructure development plans, particularly in the city. The visit followed a request made by Samdech Hun Sen Prime Minister of Cambodia to study the feasibility of two high-speed light rail projects in Phnom Penh and one in Siem Reap […]
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Khmer-Thai Stueng Bat International Border Checkpoint Nears Completion Despite Delays
The construction of the Stueng Bat-Ban Nong Ean border checkpoint, a joint project between the governments of Cambodia and Thailand, is nearing completion, according to a recent site inspection by His Excellency Minister Sun Chanthol, Minister of Public Works and Transport. As of March 20, 2023, the project was reported to be 82% complete, with […]
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Battambang Province Unveils US$ 6M Landfill to Boost Sanitation Development
Battambang has officially inaugurated a US$ 6,283.747 million landfill project in a bid to improve the sanitation development of the area. The handover ceremony took place on 20 March, 2023, as the project was completed after 12 months of construction. The landfill, located in Poi Svay village, Ta Kream commune, Banan district, Battambang province, covers […]
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Siem Reap Forges Sisterhood with 30 Chinese Provinces to Boost Investment and Trade
Siem Reap, a popular tourist destination in Cambodia, has established sisterhood relationships with 30 provinces in China, with the signing of memoranda of understanding and initiatives, according to Mr. Khim Finang, Deputy Governor of Siem Reap. Wrote on his Facebook page on March 14, the deputy governor stated that Yunnan Province is the most unique […]
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General Tire Technology (Cambodia) Co., Ltd. Unveils US$ 300 Million Tire Factory in Sihanoukville
General Thai Technology (Cambodia) Co., Ltd. has officially launched its US$ 300 million tire factory in the Sihanoukville Special Economic Zone. The factory, covering 180,000 square meters, will have a production capacity of 5 million small tires and 900,000 truck tires per year. The company aims to export the majority of its production to the […]
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Mondulkiri Provincial Authority Halts Sale and Purchase of Community Land in Target Village
The Mondulkiri Provincial Authority has ordered the immediate cessation of community land purchase and sale in Polu village, Busra commune, Pichreada district, Mondulkiri province, according to the letter dated 14 March 2023. The area is the target village for the registration of collective land of the Pnong community, and the provincial authorities have taken measures […]
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US-Based Corp VISA to Bolster E-Commerce and Digital Payments in Cambodia with Increased Investment
US-based corporation VISA has revealed plans to expand its investment and cooperation with Cambodia’s Ministry of Commerce to promote e-commerce and digital payments in the country. During a formal meeting with Minister of Commerce HE Sorasak Pan on 16 March, Chris Clark, executive vice president and regional president for Asia Pacific, announced the company’s intention […]
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