Local News
Twin Flyover Construction in Phnom Penh Reaches 25% Completion, Targeting June 2025 for Full Operation
The construction of twin flyovers along Phnom Penh’s 60-meter boulevard at the intersection of National Road 2 has achieved 25% completion, a significant milestone for the project designed to enhance connectivity between Phnom Penh and Kandal province. This progress, reported by HE Keut Chhe, Deputy Governor of Phnom Penh, was shared on 10 December 2024, […]
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Over 20 Years South Korea Provides Over USD 2 Billion in Loan Boosting Cambodia’s Infrastructure Development
South Korea has provided over USD 2 billion in loans to Cambodia over the past two decades, significantly advancing keysectors such as transportation, healthcare, irrigation, and water supply. The funding, channelled through the Economic Development Cooperation Fund (EDCF), has played a pivotal role in Cambodia’s economic growth and infrastructure modernisation. This milestone underscores South Korea’s […]
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Sixteenth U.S. Investment Firms Explore Cambodia’s Technology, Agro-Industry, and Education Sectors
In a major boost to Cambodia’s economic landscape, 16 leading U.S. investment companies are visiting Cambodia from 9 to 13 December 2024 to explore investment opportunities in technology, agro-industry, and education—sectors poised for significant growth. The delegation’s visit, marked by high-level meetings with government officials and business leaders, highlights Cambodia’s rising profile as an attractive […]
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Cambodia Issued New Wastewater Law Outlining Strategic Plan for Wastewater System Development to Ensure Sustainability
The Cambodian government has identified five priority areas to advance the planning and development of wastewater systems, a key initiative aimed at boosting public welfare and ensuring environmental sustainability. The announcement follows the enactment of the Law on Wastewater System on 22 November 2024, a comprehensive legal framework comprising 16 chapters and 113 articles. The […]
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Phnom Penh’s New University of Health Sciences Hospital: A Vision for Modern Healthcare Begins Construction
In a landmark development for Cambodia’s healthcare sector, the construction of the University of Health Sciences Hospital has officially commenced, backed by a substantial USD 67 million loan from South Korea. The groundbreaking ceremony, led by PM Hun Manet on 10 December 2024, marks a pivotal moment in enhancing medical services within the nation. Strategically located along the scenic Phnom […]
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ADB Approves USD 173 Million to Strengthen Climate-Resilient Irrigation in Cambodia
The Asian Development Bank (ADB) has approved a USD 173 million funding package to boost climate-resilient irrigation systems across Cambodia, with the aim of modernising infrastructure and enhancing sustainable water resource management. This significant announcement was made in a press release on 9 December 2024, underscoring Cambodia’s ongoing commitment to tackling climate change challenges. The […]
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Cambodia Unveils 10-Year Plan, Prioritising Transport and Logistics Sector Development
Cambodia has identified the transport and logistics sector as its top priority in a new 10-year development plan for 2025–2035, aimed at modernising infrastructure and fostering economic growth. The Royal Government of Cambodia confirmed this decision on 3 December 2024, as part of a comprehensive strategy to strengthen public-private partnerships and enhance key infrastructure such […]
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Siem Reap Angkor International Airport Welcomes 1.3 Million Passengers, Targets 2 Million in 2025
Siem Reap Angkor International Airport has welcomed over 1.3 million passengers in the first 11 months of 2024, with projections set to reach 1.4 million by the end of the year, marking a promising recovery in Cambodia’s tourism and aviation sectors. This milestone was shared by Lu Wei, Chairman of the Board of Directors of […]
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Vietnam Surpasses China as Cambodia’s Top Foreign Investment Rankings with Over USD 557 Million
Vietnam has emerged as Cambodia’s top foreign investor, accounting for 51.08% of total investment capital as of November 2024, surpassing China’s 24.26% share. Cambodian investors contributed 14.49%, marking a significant shift in the nation’s investment landscape. The figures were revealed in a recent Council for the Development of Cambodia (CDC) report on 1 November 2024, […]
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Hong Leong Manufacturing Group Plans Major Investment Expansion in Cambodia
Hong Leong Manufacturing Group (HLMG), a prominent multinational conglomerate, has announced plans to expand its investment footprint in Cambodia, targeting key sectors including real estate, automotive parts, and manufacturing. The announcement came following a meeting between Datuk Kwek Leng San, Chairman of HLMG, and Samdech Hun Manet, PM of Cambodia. During the discussion, Datuk Kwek […]
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