Chinese Company to Establish Cashew Processing Plant in Cambodia
Shandong (Cambodia) Economic and Technological Development Zone, a Chinese company specializing in cassava and cashew cultivation, has announced plans to increase its capital to establish a cashew processing plant in Cambodia. This initiative was discussed during a recent meeting held on November 6, 2024, between His Excellency Hun Manet, the Prime Minister of Cambodia, and […]
Techo International Airport completed more than 90%, cost of USD1.3 billion
As of the first week of November 2024, the construction of Techo International Airport has achieved more than 90% with a cost of more than USD 1.3 billion. HE Sinn Chansery Vutha, Secretary of State and Spokesman for the Secretariat of State for Civil Aviation of Cambodia said on November 6 that the major construction […]
The rehabilitation of National Road No. 48 from Sre Ambel to Koh Kong is currently 67.45% complete
As of November 6, 2024, the project to restore and upgrade the quality of National Road No. 48, which stretches 148 km, has reached a completion rate of 67.45%. This update was provided by the Ministry of Public Works and Transport. The working group for the National Rehabilitation and Upgrading of National Road No. 48 […]
Gold production reaches nearly 13 tons by early November
Cambodia’s gold refineries have refined nearly 13 tonnes of gold by early of November 2024, according to the Ministry of Mines and Energy’s report. HE Ung Dipola, Director General of the General Department of Mines of the Ministry of Mines and Energy, said at a press conference held on November 6, 2024 that Renaissance Minerals […]
Cambodia has Chinese-invested 1,200 factories with a total capital of more than USD9 billion
As of October 2024, Cambodia has a total of 1,273 factories invested by Chinese investors, totalling USD 9,086 billion, which represents 45.49 percent of the country’s overall investment capital. The figures were mentioned in a meeting between HE Hem Vanndy, Minister of Industry, Science, Technology & Innovation and HE Wang Wenbin, Ambassador of China to […]
The Cambodian gov’t has decided to continue and increase tax incentives for the real estate sector until the end of 2025
The Cambodian government has decided to extend and increase tax incentives for the real estate sector until the end of 2025 to alleviate the tax burden on housing developers and property owners. On November 4, 2024, Samdech President Hun Manet announced on his official Facebook page that these tax incentive measures are intended to support […]