Gov’t to Redevelop Over 2000ha of Conserved Land in Siem Reap
The Ministry of Environment is reorganising the Sok An Research and Kesor Kol Conservation Centre into 16 development zones along with the construction of necessary infrastructure, research centre, and development zone. Mrs Chan Somaly, Undersecretary of State of the Ministry of Environment and President of Kesor Kol Conservation Centre, stated on 7 February that after […]
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Cambodia, Five Other Asian Countries Sign Indore 3R Agreement for Clean Earth, Water, & Air Scheme
Five cities in Cambodia and five other Asian countries have signed the Indore 3R Declaration on Clean Water, Clean Land, and Fresh Air Goals. The agreement was signed during the 11th Asia-Pacific High-Level Meeting on “3R and Circulation Economy” in Siem Reap on 8 February 2023. The five cities of Cambodia are Sen Monorom in […]
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Austrian Firm Studies Feasibility of Building Cable Car System in Phnom Penh
The Austrian company Doppelmayr Group has been studying the possibility of a “Cable Car” project in Phnom Penh. In the past, the company has expressed interest in investing in transportation using cable cars to promote public transport in Phnom Penh, Cambodia. (Read more) In a meeting with the Permanent Secretary of State of the Ministry […]
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IFAD Provides US$194m to Support Cambodia’s Rural Economy & Agricultural Trade
The International Fund for Agricultural Development (IFAD) has provided US$194 million to support Cambodia’s rural economy and trade in agricultural products. The financing agreement was signed by the President of IFAD Mr Alvaro Lario and the Permanent Secretary of the Ministry of Economy and Finance Mr Vongsey Vissoth on 7 February. Of the US$194 million […]
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Banteay Meanchey Authority Reorganises 1500ha Pongro Conservation Zone
The Banteay Meanchey Provincial Authority and relevant officers are working on the protection to reorganise the Pongro conservation zone which covers an area of 1,576 hectares, according to an official meeting on 7 February. Located in Sangkat Kampong Svay, Serey Sophorn city, the Pongro Conservation Project aims to preserve the forest for the next generation […]
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Japan Mulls Investing in Cashew-to-Energy Processing Plant in Cambodia
A Japanese company has expressed interest in establishing a factory that processes cashew nuts and cashew nut shells into fuel in Cambodia, according to a meeting between the Minister of Agriculture and Forestry and the CEO of Top Planning Japan Co., LTD on 7 February. HE Dith Tina, Minister of Agriculture, Forestry and Fisheries, said […]
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CDC Approves 11 Investment Projects Worth US$57.9m in Four Provinces
The Council for the Development of Cambodia (CDC) has given permits to 11 private firms to invest a total of US$57.8 million in establishing 11 factories in Kandal, Kampong Speu, Sihanoukville and Phnom Penh. “ONTIME INDUSTRIAL CO., LTD.” will invest US$9 million to establish a metal furniture assembly plant in the Cambodian Special Economic Zone, […]
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Cambodia, Kuwait Continue Cooperation on Oil & Gas Exploration
Cambodia and Kuwait have pledged to further boost bilateral cooperation in oil and gas exploration. Both parties expressed interest in cooperation in this sector during the meeting between the Minister of Foreign Affairs of Cambodia HE Prak Sokhon, and the Ambassador of Kuwait to Cambodia HE Mohammad Saed Safi al-Hachri on 7 February. The two […]
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Businesses Registered Via Single Portal Increases by 800 Companies Within a Month
As of February 2023, 21,609 companies and enterprises were registered in the government’s single portal, an increase of almost 800 companies compared to the previous month. The amount of capital registered was at US$6.15 billion, an increase of US$ .32 billion compared to the last month. (Read more) A report by the Ministry of Economy and […]
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Cambodia, Japan Join Hands to Boost Wastewater Management Nationwide
The Ministry of Public Works and the Japan International Cooperation Agency (JICA) in Cambodia have collaborated to promote the development of wastewater management and sanitation in Cambodia, according to a technical subcommittee on urban wastewater and sanitation meeting on 6 February. The meeting focused on challenges such as the lack of human resources in the […]
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SME Bank Provides Over US$53m in Loans to 230 Enterprises in 2022
In 2022, the Small and Medium Enterprise Bank of Cambodia (SME Bank) provided a total of US$53 million loan to 230 small and medium enterprises, according to the official report recently. According to the report, the first and second phases of the SME support project, which was successfully completed, provided support to a total of […]
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Construction of Monivong Flyover Pillars 11% Complete
The construction of the Preah Monivong flyover, the first circular flyover in Cambodia, has been 11% completed as the technical team is currently drilling 219 pillars on Samdech Techo Hun Sen Blvd and Preah Monivong Blvd. Mr Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, told BTV on 7 […]
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