MISTI Announces USD 185 Million Water Supply and Sanitation Expansion Project
The Ministry of Industry, Science, Technology, and Innovation (MISTI) has launched a USD 184.9 million project over the next five years to bolster water supply and sanitation services across Cambodia. This major initiative, designed to meet increasing demand and accelerate progress towards the UN’s sustainable development goals for clean water and sanitation by 2030, is […]
WB Approves USD80 Million Grant to Elevate Cambodia’s Education Sector and Renovate 147 Laboratories
In a significant boost to Cambodia’s education system, the World Bank has approved an USD80 million grant aimed at upgrading the country’s tertiary education and research infrastructure. Over the next six years, the financing will be used to renovate 147 laboratories across nine public higher education institutions, providing improved facilities for academic growth and research […]
Cambodia Partners with Switzerland to Integrate Blockchain Technology in Smart City Project
Cambodia’s Ministry of Industry, Science, Technology and Innovation has joined forces with the Swiss-based DFINITY Foundation to advance the use of Blockchain and artificial intelligence (AI) in the nation’s smart city projects. This partnership, formalised through a letter of intent signed at Singapore Blockchain Technology Week on 19 September 2024, aims to revolutionise Cambodia’s technology […]
Malaysia and Cambodia Unveil Cross-Border QR Payment Linkage
In a major milestone for regional digital payments, Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have successfully launched a cross-border QR payment linkage between Malaysia and Cambodia, aiming to connect over five million merchants across both countries, according to Asianbankingandfinance dated 20 September 2024. This ambitious initiative, which reached the end […]
Japan Grants US$54 Million Loan for Power Transmission Expansion in Phnom Penh
Japan has extended a concessional loan exceeding US$54 million to support the second phase of Phnom Penh’s power transmission and distribution system expansion. The loan marks the third funding package aimed at enhancing the city’s electricity infrastructure, with plans to build substations and transmission lines connecting to Chbar Ampov district. The agreement was officially signed […]
Honda to Expand Capital Investment in Cambodia after 25 Years of Success
Honda Motor Co., Ltd., through its local partner N.C.X. Co., Ltd, has announced plans to expand its investment in Cambodia, marking over 25 years of successful operations in the country. The decision followed a high-level meeting on 20 September 2024 between Prime Minister Samdech Hun Manet and Mr Minoru Kato, Executive Director and Vice President […]