Cutting-edge Cold Storage Facility Boosts Phnom Penh Port’s Logistics Capacity
A state-of-the-art cold storage warehouse, situated in the LM17 container terminal area of Phnom Penh Autonomous Port, was officially unveiled on 24 January 2024. Presided over by HE Peng Po, Minister of Public Works and Transport, the inauguration marked the establishment of a pivotal infrastructure underlining Cambodia’s commitment to modernised and efficient logistics. This latest […]
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CAMKO INFRACORE Eyes Cambodia for Global Electric Car Assembly Plant
Korea’s CAMKO INFRACORE is contemplating a substantial investment in Cambodia, envisioning the establishment of an electric car assembly plant with a focus on global exports. This ambitious plan was disclosed during a high-profile meeting held on 24 January 2024, between HE Sun Chanthol, First Deputy Prime Minister and First Vice President of the Council for […]
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The road connection from Koh Tonsay Port to Angkol Beach Reaches 95% Completion
In a testament to progress and connectivity, the road connection between the Koh Tonsay port to Angkol Beach in Kep province has achieved an impressive 95% completion as of January 2024. The visionary project, initiated by HE Som Piseth, Governor of Kep Province, in collaboration with CCT, commenced on 17 January 2023. HE Som Piseth […]
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Road No. 377 Rehabilitation in Kratie Province Achieves 22% Milestone
Marking a significant stride in infrastructure enhancement, the Road Rehabilitation Project for Roads 377 and 377A in Kratie province has reached a commendable 22%, as of January 2024, according to the official announcement from the Kratie Provincial Administration on 21 January 2024. This ambitious project is dedicated to elevating the quality, repair, and maintenance of […]
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Japan’s Support Elevates Drainage Maintenance & Flood Prevention Expertise in Phnom Penh
Japan extends a helping hand through comprehensive training programs. The culmination of these efforts was marked by the closing workshop of the Japan International Cooperation Agency (JICA) Partnership Program in the Sewerage System, organised jointly by the Department of Public Works and Transport of Phnom Penh and the Office of Water and Sewerage in Kitakyushu, […]
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Indonesia’s Lippo Group Explores Investment Avenues in Cambodia’s Health & Real Estate Sectors
Cambodia has welcomed the interest of Indonesia’s renowned Lippo Group in investing in the country’s health and real estate sectors. The announcement comes on the heels of a meeting between Prime Minister Hun Manet and Mr John Riady, the CEO of Lippo Group, during the prestigious 2024 World Economic Forum in Davos, Switzerland, on 17 […]
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Thai PM Calls for Higher Wages & Diverse Incentives for Foreign Investments In ASEAN
Thai Prime Minister Srettha Thavisin has called on leaders of other ASEAN countries, including Malaysia and Cambodia, to work together to find ways to raise minimum wages and propose changes to foreign investment incentives, according to Thailand Business News on 22 January 2024. Speaking at the World Economic Forum in Davos, PM Thavisin emphasized the […]
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Salt of the Earth: Kampot’s Thriving Industry Set to Produce 100,000 Tons Annually
In a testament to Kampot province’s growing significance in the salt industry, it currently boasts an expansive 3,489 hectares of salt farms and a network of 560 salt warehouses. The Acting Director of the Department of Industry, Science, Technology, and Innovation, Ms Sim Nary, revealed that this extensive infrastructure positions Kampot to yield an impressive […]
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Green Horizon 2050: Cambodia’s Ambitious Forest Cover Pledge and International Nursery Initiative
The Ministry of Environment, under the leadership of HE Eang Sophalleth, has unveiled plans to elevate the nation’s forest cover to an impressive 60% by the year 2050. The ambitious strategy includes the establishment of international-scale nursery stations across four provinces, as announced during a meeting with ministry leaders and civil servants on 22 January […]
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Cambodia & France Forge €215 Million Partnership for Energy Revolution
Cambodia and France have inked three pivotal Memoranda of Understanding (MoUs) to propel the development of renewable energy, marking a significant stride towards advancing Cambodia’s energy landscape. The Ministry of Mines and Energy unveiled this transformative initiative through a press release on 19 January 2024. The trio of MoUs, orchestrated between the Ministry of Mines […]
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Tonle Snguot Park: A Transformative Oasis Unveiled in Tbong Khmum Province
The Ministry of Environment unveiled its ambitious plans for the Tonle Snguot Park in Thnal Keng village, Preah Theat commune, Ou Raing Ov district, Tbong Khmum province. The 14-hectare dry river area is set to undergo a remarkable transformation into a haven for tourists. The groundbreaking ceremony was presided over by HE Eang Sophalleth, Minister […]
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While China-Western Trade Tension Increases, China-ASEAN Trade Increases, with US$616bn Surge Projected
In the face of persistent trade tensions and escalating barriers between China and the West, a new analysis by Boston Consulting Group (BCG) forecasts a substantial surge in trade between China and the Association of Southeast Asian Nations (ASEAN). According to a zawya.com report on 9 January 2024, this burgeoning economic partnership is poised to […]
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