Chinese Company Danong Development Group to Invest in Agriculture in Takeo Province
Takeo Province, Cambodia – In a significant move for the local agricultural sector, the Chinese company Danong Development Group has announced plans to invest in agriculture in Takeo Province, focusing primarily on livestock and key agricultural products. This announcement was made during a meeting between company representatives and the Takeo provincial administration on November 13, […]
Cambodia imports USD505 million worth of iron and steel in ten-month period
Cambodia imported USD505 million worth of iron and steel products during the first ten months of 2024, marking a 65 percent increase from USD305 million in the same period the previous year. According to figures from the General Department of Customs and Excise of Cambodia (GDCE), imports of iron and steel in October 2024 reached […]
Phnom Penh Autonomous Port Sees Record Container Traffic in 2024
In a remarkable achievement, the Phnom Penh Autonomous Port reported receiving over 401,000 TEUs (Twenty-foot Equivalent Units) of containers in the first ten months of 2024, marking a nearly 20% increase compared to the same period last year. This significant growth reflects the port’s continuous expansion and increasing role in Cambodia’s logistics sector. According to […]
Chinese Company Sets Sights on Durian Cultivation and Processing in Cambodia
In a significant move to enhance agricultural exports, a Chinese company, Zhengzhou Chen’s Sun, has expressed keen interest in investing in durian cultivation and establishing processing facilities in Cambodia. This initiative was prominently discussed during a meeting between Prime Minister Hun Manet and Xuemei Chen, the Chairman of Zhengzhou Chen’s Sun, on November 6, 2024, […]
The Gov’t announces a 3-day discount on the Phnom Penh-Sihanoukville Expressway
The Ministry of Public Works and Transport (MPWT) has announced a three-day discount on the Phnom Penh-Sihanoukville Expressway to celebrate the Royal Water Festival, floating lanterns, and moon worshiping, which will take place from November 14 to November 16, 2024. This announcement was made in notification No. 052 S.K.R. dated November 12, 2024. During this […]
Cambodia Launches Export Service Center to Boost International Trade
In a significant move to enhance the country’s export capabilities, the Cambodian Ministry of Commerce has officially inaugurated the Export Service Center (ESC). This new initiative, launched on November 5th, 2024, aims to promote Cambodian products in global markets and empower local traders with the tools they need to succeed internationally. The inauguration ceremony, held […]