Local News
Chinese & Canadian investors Looking to Introduce Advanced Technology to Key Sectors in Cambodia
Delegates from the Asia-Pacific Association of Small and Medium Enterprises (APASME), including representatives from Canadian and Chinese business communities, aim to provide technology and machinery solutions to enhance Cambodia’s agriculture, water management, food processing, and industrial development. This was discussed during a meeting on 13 January 2024 with HE Hem Vandy, Minister of Industry, Science, […]
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Chinese Firm Eyes Cambodian Waste-to-Energy Potential
Thien Y Environmental Energy Joint Stock Company, a leading Chinese recycling firm, announced its intention to invest in a waste-to-energy plant in a move set to transform waste management in Cambodia. This initiative aims to convert the kingdom’s abundant waste into electricity, creating a sustainable energy source while addressing the pressing issue of waste disposal. […]
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Progress Update on Kampong Thom Dam Project: 25% Completion Mark Achieved
Construction on the Kampong Kor Dam is progressing steadily, with 25% of the project now completed. HE Chan Sinath, Secretary of State, provided this update during an inspection of the project on 12 January 2025. During the inspection, HE Chan Sinath outlined the project’s current status, specifying that the dam’s construction has reached 10%, while […]
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Cambodia’s Economic Boom: A Game-Changer in 2024
In a bold leap towards unprecedented economic growth, Cambodia has unveiled the approval of 10 new special economic zones, marking a significant milestone in 2024 with investments poised to reach a staggering USD 850 million. This strategic expansion is set to generate approximately 4,000 new jobs, heralding a transformative era for the nation’s economic landscape. […]
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Cambodia Strengthens Transport Infrastructure with UN Partnership
In a significant move towards enhancing Cambodia’s transport and logistics infrastructure, the Ministry of Public Works and Transport has joined forces with the United Nations Office for Project Services (UNOPS). On 10 January 2025, a Memorandum of Understanding (MoU) was signed between HE Peng Po Na, the Minister of Public Works and Transport, and Mrs. […]
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WANLI Tire Breaks Ground on New Factory in Svay Rieng, Promising Jobs and Economic Growth
In a move poised to boost Cambodia’s economy significantly, WANLI Tire has officially begun construction on a state-of-the-art tire manufacturing facility in the Sin Bavet Special Economic Zone. The groundbreaking ceremony was led by HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, marking a pivotal […]
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Cambodia-ASEAN Trade Volume Exceeded USD 14 Billion in 2024
In 2024, the trade volume between Cambodia and ASEAN member countries surpassed USD 14.3 billion, marking a significant increase of 12.8% compared to the same period in 2023. This data comes from a recent report by the Ministry of Commerce. According to the report, Cambodia’s exports to ASEAN countries amounted to over USD 4.620 million, […]
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Cambodia’s Steel Imports Surge by Nearly 70% in 2024
The construction sector in Cambodia is experiencing significant growth, as evidenced by the substantial increase in steel imports. In 2024, Cambodia imported over USD 631 million worth of steel, marking a remarkable 69.6% rise compared to the previous year’s imports of just over USD 372 million. This data was reported by the General Department of […]
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ISI Special Economic Zone Launches and Boosts Investment Growth in 2025
ISI Special Economic Zone, a new landmark development spanning over 800 hectares in Sihanoukville spearheaded by Cambodia’s esteemed ISI GROUP in collaboration with capital partners, is officially unveiled today during a grand launch ceremony at the ISI TOWER — ISI GROUP’s headquarters in Phnom Penh. (From left to right: Mr. Kang Sen, Executive Director of […]
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Cambodia & Korea Strengthen Economic Partnership in 2024
The bilateral trade volume between Cambodia and the Republic of Korea surged to USD 762 million by the end of 2024, marking an impressive increase of 11.49% compared to the previous year, according to a report from the Ministry of Commerce. Cambodia’s exports to Korea have reached USD 288 million, reflecting a robust growth of […]
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