Local News
General Tire Technology (Cambodia) Co., Ltd. Unveils US$ 300 Million Tire Factory in Sihanoukville
General Thai Technology (Cambodia) Co., Ltd. has officially launched its US$ 300 million tire factory in the Sihanoukville Special Economic Zone. The factory, covering 180,000 square meters, will have a production capacity of 5 million small tires and 900,000 truck tires per year. The company aims to export the majority of its production to the […]
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US-Based Corp VISA to Bolster E-Commerce and Digital Payments in Cambodia with Increased Investment
US-based corporation VISA has revealed plans to expand its investment and cooperation with Cambodia’s Ministry of Commerce to promote e-commerce and digital payments in the country. During a formal meeting with Minister of Commerce HE Sorasak Pan on 16 March, Chris Clark, executive vice president and regional president for Asia Pacific, announced the company’s intention […]
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Japan funds the construction of the first community technology center in Cambodia’s Takeo province
The Japanese government has pledged a grant of US$145,692 to fund the construction of a community technology center in Bati district, Takeo province. The grant was signed by HE U Inu At Suzy, Ambassador of Japan to Cambodia and a representative of the Department of Posts and Telecommunications of Takeo Province on 17 March, 2023. […]
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JICA to Support 529 km Rural Road Improvement Project in 4 Cambodian Provinces
The Japanese International Cooperation Agency (JICA) has pledged to assist the Ministry of Rural Development in the implementation of a rural road improvement project spanning 529 km across four provinces. The project, set to be completed over a five-year period from 2023 to 2028, will receive funding from JICA. The project aims to construct DBST […]
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Royal Group and Keppel Energy sign deal to export 1k Mw renewable energy to Singapore via submarine power line
Cambodia’s Royal Group Power Company Ltd (RGP) and Singapore’s Keppel Energy Pte Ltd (KE) have signed a power purchase agreement for the export of renewable energy generated through a submarine power line from Cambodia to Singapore. The deal allows Cambodia to export 1000 Mw of renewable energy to Singapore via submarine high-voltage transmission, and the […]
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Cambodia Introduces New Law on Clean Water Management to Ensure Quality and Affordability
The government of Cambodia has recently approved the Law on Clean Water Management, which was officially promulgated by the Acting Head of State on 11 March, 2023. The new law, consisting of 15 chapters and 65 articles, aims to establish a legal framework for managing and developing the water supply service throughout the country. The […]
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Cambodia and UAE to Sign Comprehensive Economic Partnership Agreement
Cambodia and the United Arab Emirates (UAE) have finalized the negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA), which will be signed later this year. The agreement aims to diversify export markets and promote Cambodia’s economic integration into the region and the world. Minister of Commerce H.E. Pan Sorasak and H.E. […]
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GOV’t mulls to develop Tboung Khmum as carbon-neutral province to improve quality of life
A senior official of the Ministry of Environment has revealed plans to transform Tboung Khmum into a carbon-neutral province to enhance the quality of life of its residents. During a meeting on the morning of 16 March, 2023 to review the province’s environmental progress in 2022 and its goals for 2023, HE Eang Sophalleth, Secretary […]
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Bulgarian Ambassador Vows to Boost Investment in Cambodia as Trade Volume Increases by 78% in 2022
The Ambassador of the Republic of Bulgaria to Cambodia, Mrs. Marinela Petkova, has pledged to attract more Bulgarian businessmen and investors to Cambodia to explore investment opportunities. The commitment was made during a meeting between HE Pan Sosak, Minister of Commerce, and Mrs. Petkova on March 15, 2023. According to the meeting, the current trade […]
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Gov’t Pledges to Finish Master Plan for Sihanoukville SEZ by Mid-2023
The Cambodian government has announced its commitment to complete the master plan for Sihanoukville’s multi-purpose special economic zone (SEZ) by mid-2023. The inter-ministerial working group met to discuss the draft report of the second phase of the “Master Plan,” which includes 1. Economic development, industry, and industrial land management, 2. Labor market and vocational training, […]
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