European Ventures into Cambodia’s Thriving Port and Logistics Landscape
CMA CGM (Cambodia) Co., Ltd. A subsidiary of CMA CGM, the world’s third-largest French container company has expressed a keen interest in spearheading two transformative projects in port transportation and logistics within Cambodia. The announcement came following a pivotal meeting between Ms. Esra BORA, General Manager of Cambodia/Vietnam for CMA CGM, and HE Peng Po, […]
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Cambodia Accelerates Industrial Growth with Two New Tyre Manufacturing Giants
Cambodia is set to welcome two new players in the tire manufacturing sector. The move will elevate the total count of tire factories in the country to five, marking a substantial expansion in the realm of rubber production. During his address at the annual meeting of the Ministry of Commerce on 21 December, HE Chea […]
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Cambodia Takes a Stand for Environmental Conservation: Prey Lang Mining Licenses Suspended
In a groundbreaking move towards environmental preservation, the Cambodian government, led by Prime Minister Samdech Hun Manet, has declared a halt on the issuance of mining licenses in the ecologically significant Prey Lang area. This pivotal decision was announced during the closing ceremony of the 2023 work review meeting and the 2024 work direction of […]
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2024 Outlook: Regional Experts Projects Emerging Risks & Opportunities in Asia-Pacific Real Estate Market
As we approach 2024, the Asia-Pacific real estate scene is evolving amid emerging market realities. Investors are strategically focusing on resilience, delving into a complex yet promising market for astute opportunities. This is according to regional experts at Asian Investor, who provided a joint analysis on 19 December 2023. Market Insights: Valuations are settling, and […]
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Industry Ministry Registers 201 New Factories Amidst Growth Challenges
The industrial sector in Cambodia witnessed a robust surge as the Ministry of Industry, Technology, Science, and Innovation proudly registered 201 new factories in the first 11 months of 2023. Simultaneously, 93 factories have either closed or temporarily shut down, marking a dynamic landscape of growth and adaptation. According to HE Heng Sokkung, Secretary of […]
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Cambodia’s Green Leap: 55 Factories Save US$10m & Reduced 40k tco2-eq Annually through UNIDO’s TEST Project
In a resounding success for Cambodia’s industrial sector, 55 factories, and enterprises have achieved substantial savings of approximately US$10 million annually while curbing emissions by a noteworthy 40,000 tons of greenhouse gases per year. This achievement comes as the United Nations Industrial Development Organization (UNIDO) concludes its transformative TEST project, celebrated at a closing ceremony […]
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Cambodia’s PM Calls Upon Japan’s Help for Infrastructure Development
Samdech Hun Manet, Prime Minister of Cambodia, extended a request to Japan for collaboration in advancing the nation’s road and bridge infrastructure. The request was made in a pivotal moment at the groundbreaking ceremony for the inaugural phase of the Sihanoukville Autonomous Port’s deep-water port on 22 December 2023. This request aligns with the ongoing […]
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French Company Explores Strategic Investments in Cambodia’s Electronics & Logistics Sector
France-based CMA CGM Group is eyeing substantial investments in electronics and logistics to revolutionize Cambodia’s transport landscape. The announcement surfaced during a crucial meeting between HE Suon Sophal, Deputy Secretary-General of the Cambodian Investment Committee (CEC), and a delegation from CMA CGM Group, represented by Mr. Emmanuel LY-BATALLAN, Economic Advisor at the French Embassy in […]
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Ground Broken on Phase I of Sihanoukville’s US$243m Deep-Water Container Terminal Project
The commencement of the first phase of an expansive deep-water container terminal project in Sihanoukville has been inaugurated by Prime Minister Samdech Hun Manet. The construction, spearheaded by the Japanese firm TOA Corporation and technically supervised by Nippon Koei and Oriental Consultants Global, is slated for completion in 2026 with an estimated cost exceeding US$243 […]
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JCER Warns of Impending Real Estate Crisis Impacting China & 17 Other Countries by 2027
Amidst mounting concerns over China’s real estate market, the Japan Centre for Economic Research (JCER) has sounded an alarm, cautioning that a potential burst of the property bubble could severely impede the nation’s economic growth. The repercussions of Beijing’s response to the property debt crisis could reach far and wide, with implications for the ambitious […]
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Cambodia Attracts 15 New Investment Projects Worth US$247m in 15 Days in December
In a remarkable economic stride, Cambodia has welcomed a wave of 15 new investment projects, collectively injecting over US$247 million into the nation’s burgeoning industrial landscape within just 15 days in December 2023. The Council for the Development of Cambodia (CDC) has granted registration certificates to these visionary enterprises, poised to stimulate economic growth and […]
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Excluding China, India Leads Coal Power Surge in Asia Followed by Vietnam & Indonesia
India, excluding China, is spearheading the construction of new coal-fired power capacity in Asia, boasting an impressive 31.6 gigawatts (GW) in progress. This substantial figure is part of the broader 67 GW currently under construction in the region, with Indonesia and Vietnam making notable contributions, the Global Energy Monitor (GEM) reported in July 2023. The […]
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