Local News
India Eyes Potential Investment in Mining Sector in Cambodia
The Indian ambassador to Cambodia has announced that many Indian private firms are looking for investment opportunities in the mining sector in Cambodia, mainly for gold and iron. Indian Ambassador HE Devyani Uttam Khobragade made the remarks during a recent meeting with Minister of Mines and Energy HE Suy Sem. The meeting was mainly focused […]
Read More
New US$21 million Ford Motor Cambodia Assembly Plant Set for Pursat Province
A new US$21 million Ford Motor Cambodia assembly plant is set to open in Pursat province soon, as the relevant government bodies and the investment firm have already reached an agreement. The plan to establish this giant plant was revealed during a meeting held on Tuesday 14 September between the Pursat governor, the Inter-Ministerial Committee, […]
Read More
Cambodia Asks WB for Larger-Scale Financial Assistance in Infrastructure Development
The Minister of Economy and Finance (MEF) has requested the World Bank to consider providing larger-scale financial assistance, known as advanced concessional loans, for Cambodia, in particular for nationwide infrastructure investment projects. The remark was made by MEF Minister HE Aun Pornmoniroth in the virtual farewell meeting with the outgoing Vice President for East Asia […]
Read More
EuroCham to Host Virtual Conference Addressing Necessity of Standards in Real Estate Sector
The European Chamber of Commerce in Cambodia (EuroCham) will host a virtual conference addressing “The Importance of Standards in the Real Estate Industry – A Case for Following RICS Standards” on Thursday 16 September. The webinar session will gather leading real estate & construction experts and professionals to share knowledge and the most up-to-date know-how […]
Read More
China Plays Key Role in Infrastructure Development in Cambodia, says PM Hun Sen
China has played a key role in infrastructure development projects in Cambodia, according to Cambodian Prime Minister Samdech Hun Sen. Speaking at the Morodok Techo National Stadium handover ceremony on Sunday, Samdech Hun Sen said to date China is the top financing source for Cambodia’s infrastructure development. “Some would say we lean too much toward […]
Read More
PM Hun Sen to Use Trophy Cash to Build Decent Houses for Veterans
Cambodia Prime Minister Hun Sen will use the US$1 milllion trophy cash from the World Summit of Peace to build decent houses for veterans. The remarks were made after PM Hun Sen won a medal in the “7th World Rally of Hope: Think-Tank 2022” held on 12 September via videoconference on the theme of “Peace […]
Read More
China Hands Over US$150m Stadium to Cambodia & Signs Six New Cooperation Agreements
China has officially handed over the US$150 million Morodok Techo Stadium to Cambodia and signed six new agreements providing Cambodia with over US$270 million more in financial assistance. The two ceremonies were presided over by Cambodia Prime Minister Samdech Hun Sen and State Councilor and Foreign Minister of China Wang Yi on Sunday 12 September. […]
Read More
Renaissance Minerals receives gold mining exploration license in Thbong Khmom
The Ministry of Mines and Energy has given license to Renaissance Minerals (Cambodia) to explore for gold in Choam Tamao commune, Memot district of Tbong Khmum province after the firm recently announced Cambodia’s first commercial gold mining industry in Mondulkiri province in June. The matter was discussed in detail between Tbong Khmum Governor HE Cheam […]
Read More
New US$5-million Garment Factory Approved for Kean Svay District
The Council for the Development of Cambodia (CDC) has approved a new US$5 million investment project located in Kean Svay district in Kandal province. The firm receiving the permit is Flourish Garment (Cambodia) Co., Ltd, which will build a garment factory that would help generate 1,414 jobs for the locals. According to a CDC report, […]
Read More
New US$1.3-million Water Treatment Plant Set for Kampot Province
The Kampot Provincial Administration has allowed a private firm Sinhour Long Water Industry (Cambodia) Co.Ltd, to invest US$1.3 million to build a new water treatment plant in downtown Kampot. According to Kampot Governor HE Cheav Tay in the meeting with relevant parties on Thursday 9 September, the water treatment plant will be built in O […]
Read More