Korean company plans to use modern technology to turn waste in Cambodia into electricity
Korean company HYUCKJIN ENERGY PLANT ENGINEERING wants to invest its advanced technology in recycling waste in Cambodia to generate electricity, while the company claims that through this project can produce at least 24 kilowatts per day. This is according to the working meeting between HE Sun Chanthol, Deputy Prime Minister, First Vice President of the […]
China Commits Up to US$100 Million for Advanced Water Purification in Cambodia
Hainan Litree Purifying Technology Co., Ltd. from China has announced plans to invest between US$50-100 million in Cambodia’s water sector over the next three to five years, focusing on water purification products using UF membrane technology. This announcement was made during a meeting between Dr. Cai Yunlong, CEO of Hainan Litree Purifying Technology Co., Ltd., […]
Cambodia-China Bilateral Trade Surges to US$10bn, 4.6% Up, in First 10 Months of 2023
Cambodia’s trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE Zhang Qingli, Vice Chairman of the […]
Fostering Ties: Cambodia & China Ink Agreements to Boost Key Sectors
Cambodia and China have ceremonially signed three pivotal documents aimed at enhancing cooperation in essential sectors. This landmark event unfolded on the morning of 22 April 2024 in Phnom Penh, marking a high point during the three-day official visit of HE Wang Yi, the Minister of Foreign Affairs of the People’s Republic of China, which […]
Cambodia to Transform National Customs School into Asia-Pacific Training Hub
Cambodia successfully secured approval for its National Customs School to be designated as the Asia-Pacific WCO Regional Training Centre (RTC AP) d during the 25th Asia-Pacific Customs Director General Conference of the World Customs Organisation held in Sydney, Australia from 15 to 18 April 2024. The decision marks a significant milestone for Cambodia’s customs administration, […]
Cambodia Forges Ahead with Double Taxation Agreement Negotiations to Spur Foreign Investment
Cambodia is making significant strides in its efforts to attract foreign investment by intensifying negotiations on double taxation agreements (DTA) with seven additional countries. Revealed in the latest bulletin from the General Department of Taxation, published on April 18, 2024, this proactive approach underscores Cambodia’s commitment to fostering a conducive environment for international investment. The […]