Local News
Japan’s Strategic Investment Plans: Advancing Cambodia Through High-Tech Raw Materials Processing
Japanese investors have expressed keen interest in bolstering small and medium enterprises (SMEs). Their vision includes harnessing cutting-edge Japanese technology to process Cambodian raw materials into high-quality finished products, primed for export. This initiative holds the potential to not only boost the Cambodian economy but also impart crucial skills to its workforce. The announcement came […]
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Toyota Assembly Plant in Phnom Penh SEZ Inaugurated Next Year
Exciting news on the automotive front with the much-anticipated Toyota assembly plant, nestled within the Phnom Penh Special Economic Zone (SEZ), being poised for a grand inauguration in 2024. His Excellency Ueno Atsushi, Japanese Ambassador to Cambodia, recently shared this pivotal update during his courtesy call on Hun Sen, a significant event hosted at the […]
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Phnom Penh’s New Koh Pich-Koh Nora Bridge Set to Open Temporarily in October
The cable-stayed concrete bridge spanning from Koh Pich to Koh Nora in the Chamkarmon and Chbar Ampov districts is now complete and poised for inauguration on 27 October. This eagerly awaited development was announced during a bridge connection ceremony presided over by His Excellency Khuong Sreng, the Governor of the Board of Governors of Phnom […]
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Cambodia’s Global Trade Sees 14.5% Dip in 2023, But Exports Buck the Trend
In the first eight months of 2023, Cambodia’s international trade experienced a significant downturn, with a 14.5% decrease compared to the same period in the previous year, according to data from the General Department of Customs and Excise (GDCE). However, in a surprising turn of events, Cambodia’s exports managed to defy this trend, showing robust […]
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New East Solar Energy: From Cambodia Brand to the USA, Lighting Up a Brighter Clean Technology Future
New East Solar Energy, a prominent player in the solar industry based in Cambodia, is expanding its horizons across the globe. The company is set to inaugurate a colossal 2-gigawatt (2 million kilowatts) solar panel manufacturing facility in Phoenix, Arizona, contributing to the creation of 350 jobs. This groundbreaking development, reported by Solar Power World […]
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Korean-Led Initiative Advances Wastewater & Solid Waste Management in Cambodia’s Battambang
The Ministry of Public Works and Transport, in partnership with the Global Green Development Institute (GGGI), is embarking on a feasibility study to bolster these crucial systems in Battambang province. This noteworthy initiative is a part of the Low Carbon City Development Project, which strives to promote sustainable access to services in Battambang City. During […]
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Cambodia & 12 Nations Unite to Combat GHG Emissions Through Sustainable Waste Management
Cambodia, alongside a consortium of 12 nations, is embarking on a collaborative mission to tackle greenhouse gas emissions by implementing the principles of the 4Rs (Reducing, Reusing, Recycling, and Recovering) in solid waste management. This pioneering effort was unveiled at the “Strengthening the Implementation of Solid Waste Management and the Path to the Circular Economy” […]
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Gov’t Inks Concessional Loan Deals Worth US$780 Million in H1 2023
In a testament to Cambodia’s continued economic development and collaboration with international partners, the government has successfully secured concessional loan agreements amounting to a total of US$787.5 million in the first half of this year. This impressive figure represents a substantial year-on-year increase of 24%. According to a report released by the Ministry of Economy […]
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Nine New Factories with US$54.43M Investment Set to Create Over 13,000 Jobs in Five Provinces
In a significant boost to Cambodia’s industrial sector, the Council for the Development of Cambodia (CDC) has given the green light to nine companies poised to invest a total of US$54.43 million. These ventures are expected to generate a substantial job market, providing employment opportunities for 13,888 individuals across several provinces, including Kampong Speu, Kandal, […]
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S. Korean Company, Daehan Corporation, Proposes Plastic Waste Processing Plant in Sihanoukville
South Korean company Daehan Corporation is eyeing the establishment of a cutting-edge plastic waste processing plant in Sihanoukville. The project aims to transform plastic waste into an essential part of daily life in the region, contributing to environmental sustainability, according to the presentation of the company at Sihanoukville Provincial Hall on September 7, 2023. Mr. […]
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