Thailand Expects US$3bn Foreign Investment This Year
A minimum of 100 billion baht is expected to flow into Thailand through foreign investment, supported by several factors. “The active foreign investment is supported by the country being fully open in terms of both tourism and investment, as well as anticipated expansion of production bases in Thailand by international firms, particularly in industries with […]
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Two Cambodia’s Ecotourism Communities Receive ASEAN Standard Award 2023
Two ecotourism communities in Cambodia, Samros Koh Han ecotourism community in Stung Treng province and the Prey Thom Anlong Thom ecotourism community in Siem Reap province, have received the ASEAN Ecotourism Standard Award. The award-giving ceremony was held at the ASEAN Tourism Forum 2023 in Yukata, Indonesia on 5 February, according to the Ministry of […]
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Gov’t spends over US$1bn to build small-scale infrastructures in 2022
In 2022, sub-national administrations will receive more than US$1 billion to build micro-infrastructure and implement more than 2,000 social services projects. Minister of Interior Samdech Sar Kheng said during the official meeting on 22 February, in the last five years (2018-2022), the transfer of the national budget to the sub-national administration has increased by 2.7 […]
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Koh Kong Darasakor Airport set to open in mid-2023 without delay
Koh Kong’s Darasakor International Airport is scheduled to open in mid-2023, as developers are speeding up the construction process and completing some key procedures to move into the aviation business without further delays, confirmed Koh Kong Governor Mithona Phouthorng on 21 February. Darasakor International Airport was originally scheduled to be put into operation by the […]
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Japan provides over US$30 million to expand water supply system in Svay Rieng
Japan has granted Cambodia 3,986 million yen (US$ 30.6 million) to expand the water supply system in Svay Rieng province, according to the press release of the Ministry of Foreign Affairs and International Cooperation on 24 February. This assistance was provided through an exchange of letters signed by HE Ouch Borith, Minister Delegate to the […]
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The 8th PropertyGuru Cambodia Property Awards seek the Gold Standard of real estate amid recovering domestic market
LOCAL PROPERTY SEEKERS IN CAMBODIA POWER THE DEMAND FOR SPACIOUS HOMES PHNOM PENH, Cambodia — PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today launched the 2023 edition of the PropertyGuru Cambodia Property Awards, beginning the search anew for the kingdom’s finest property developers, design practices, and projects: the Gold Standard of real […]
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Cambodia-Vietnam Kaam Samnor-Vinh Xuong border checkpoint officially opened
Cambodia and Vietnam jointly inaugurated the Kaam Samnor-Vinh Xuong international border gate. Held on 23 February, the opening ceremony was presided over by HE Nop Dara, Deputy Governor of Kandal Province. HE Nop Dara thanked Vietnam for its efforts to establish the Vinh Xuong land border to align with Cambodia’s Kaam Samnor located in Leuk […]
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New Khmer-Thai Stueng Bot bridge opens for traffic
The New Khmer-Thai border crossing bridge known as Stung Bot-Ban Nong Ean) has been opened for testing. The soft opening ceremony was joined by HE Prak Sokhon, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, on 23 February. This friendship bridge is part of the new Stung Bot border gate project, which […]
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40km of NR4 expanded to 4 lanes
Ministry of Public Works and Transport is expanding a 40km section of NR4 from 2 to 4 lanes, while over 150km other will be widened to 10m. Minister of Public Works and Transport HE Sun Chanthol said on 23 February that NR4 was only 7m wide. With a US$110-million loan budget from World Bank, the […]
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Cambodia’s air passengers in January 2023 increase almost 700% y-o-y
As of January 2023, Cambodia receives more than 400,000 passengers at Phnom Penh, Siem Reap and Sihanoukville International Airports, an increase of nearly 700% compared to the same period in 2022. According to HE Sin Chansereivutha, spokesperson at the State Secretariat of Civil Aviation (SSCA), the total number of passengers arriving at the three international […]
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Construction of NR48 22% Complete
As of February 23, the project to rehabilitate and upgrade NR48 connecting Chamkar Luong at the junction of NR4 to Khemarak Phoumin City of Koh Kong Province has been 22% completed, according to MPWT Minister HE Sun Chanthol on 23 February. During the site inspection, HE Chanthol said that the progress is a bit slower […]
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Electronic parts manufacturing plant worth US$32m in Takeo officially opened
Meko Intelligent (Cambodia) Co., Ltd has officially opened its US$32-million electronic parts manufacturing plant in northern Takeo. The grand opening ceremony was on 20 February under the presidency of Lt Gen Hun Manet, Royal Cambodian Armed Forces (RCAF) deputy commander-in-chief and Royal Cambodian Army (RCA) commander. This is none the large-scale factory in Takeo province and […]
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