Local News
Toyota Unveils US$36 Million Assembly Plant in Phnom Penh SEZ
In a significant boost to Cambodia’s automotive industry, a new Toyota assembly plant, valued at over US$36 million, was officially inaugurated in the Phnom Penh Special Economic Zone on 2 May 2024. This landmark event was presided over by Samdech Hun Manet, Prime Minister, marking a new era in the country’s manufacturing capabilities. The Toyota […]
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SHV Port Marks Remarkable Growth with 240K TEUs of container, a 23% Increase in Container Traffic in Early 2024
In the first quarter of 2024, the Sihanoukville Autonomous Port witnessed a significant surge in its operational capacity, handling 240,000 Twenty-Foot Equivalent Units (TEUs) of containers. This marks an impressive increase of more than 23% compared to the corresponding period in 2023. The announcement was made by His Excellency Peng Po Nea, Minister of Public […]
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Phnom Penh Unveils ASEAN-International Business Center: A New Era for Vegetable Wholesale Market
Marking a significant milestone in the agricultural and real estate sectors of Cambodia, the ASEAN-International Business Center, also known as Phsar Doeum Kor Thmey, commenced operations on 27 April 2024. Situated in Sangkat Kork Roka, Khan Prek Pnov, this expansive 20-hectare development on Boeung Ta Mok land is now the largest international vegetable wholesale market […]
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MoWRAM Initiates Swift Upgrades on Irrigation Systems Across Five Provinces to Beat the Rainy Season
In a significant move to enhance agricultural productivity ahead of the impending rainy season, the Ministry of Water Resources and Meteorology (MoWRAM) is fast-tracking the repair and improvement of critical irrigation systems in five provinces. This ambitious initiative, targeting key infrastructures including the North Melang Chrey Canal in Kampong Speu Province and the Spean Sreng […]
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Gov’t Unveils Special Incentives for Revival of US$213m Worth of Stalled Projects in Sihanoukville
In a strategic move to revitalise stalled developments, Sihanoukville’s Investment Promotion Team has announced a series of special incentives targeting 14 projects valued at approximately US$213 million. The decision, made during a meeting chaired by HE Hean Sahip, Secretary of State of the Ministry of Economy and Finance and Chairman of the Investment Promotion Working […]
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Gov’t Set to Unveil Three Major Pub Street Destinations in Phnom Penh by 2024’s End
The Phnom Penh Capital Administration is poised to unveil three expansive pedestrian street locations, encompassing a total of 57 hectares, as part of the iconic Pub Street concept, ahead of the New Year celebrations in 2025. In a recent meeting led by HE Khuong Sreng, Governor of Phnom Penh, on 26 April 2024, the Phnom […]
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Progress Update: NR No. 7 Expansion from Skun to Kampong Cham Reaches 8% Completion
Progress on the expansion and enhancement project of NR No. 7, stretching from the Skun roundabout to Kampong Cham provincial town, has reached 8%, with a total project value of US$117 million. This update was provided by Mr. Sok Lim Heang, Director of the Department of Public Works and Transport of Kampong Cham Province, on […]
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Driving Forces Behind Cambodia’s Funan Canal Project
The Cambodian government is making strides towards the start of the Funan Canal project by the end of 2024, recognising its potential to significantly boost the country’s economy and trade dynamics, not only locally but also within Southeast Asia. (Read more) The Funan Canal project holds immense promise for Cambodia, promising a multitude of benefits […]
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Sihanoukville Authority Urges Prompt Water Supply to SEZ Amid Current Shortage
The Governor of Preah Sihanouk Province, HE Kouch Chamroeun, has issued a pressing appeal to ANCO to expedite the connection of clean water to the Sihanoukville Special Economic Zone (SEZ), citing prolonged dry conditions exacerbating the scarcity. During an inspection of the water supply network on 24 April 2024, HE Kouch Chamroeun emphasised the critical […]
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Extended Savings: Expressway Company Announces 20% Discount Continuation for ETC & ANPR Users
In a generous move to support its users, the company responsible for managing the Phnom Penh-Sihanoukville Expressway has declared an extension of the 20% discount for a further six months exclusively for ETC and ANPR users, a decision that underscores the company’s commitment to fostering economic growth and promoting the transport sector in Cambodia. The […]
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