Local News
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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K Mall Prek Thnoat: Pioneering a New Retail Experience Near Techo International Airport
Urbanland, a leading Cambodian real estate developer, officially commenced construction of the eagerly anticipated K Mall Prek Thnoat on Thursday, 25 April 2024. This groundbreaking event heralds the start of a visionary project set to redefine community shopping near the burgeoning Borey Chankiri on NR 2, promising a blend of convenience and lifestyle retail experiences. […]
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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 […]
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Royal Railway Cambodia to Introduce High-Speed Train Network in June
Royal Railway Cambodia has announced plans to revolutionise Cambodia’s transportation sector with the launch of high-speed trains connecting Phnom Penh to Sihanoukville and Poipet by June 2024, as reported by Apsara TV on 22 April 2024. The upcoming trains, ordered from Japan, are set to operate at speeds ranging between 90 and 110km per hour, […]
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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 […]
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