Indonesia is set to invest nearly USD 3 billion to complete the second phase of its new capital development
The Indonesian government will allocate an additional 48.8 trillion IDR (approximately USD 2.99 billion) to continue its new capital (IKN) development during the second phase, which spans from 2025 to 2029. Vietnam Plus reported this information on January 23, 2025. In the first phase (from 2022 to 2024), the Indonesian government has already invested 89 […]
Australia Boosts Support for Cambodia’s Mine Action Efforts with Additional AUD 2 Million
In a significant commitment to bolster safety and rehabilitation in Cambodia, the Australian Government has announced an additional AUD 2 million (over USD 1.2 million) for the ongoing Cambodia Mine Action Project Phase 4 (CFR4). This funding initiative was formalized through an agreement signed on April 30, 2025, by His Excellency Derek Yip, the Australian […]
Japan Strengthens Cambodia’s Infrastructure with New Aid Package over USD 446K
In a significant move to bolster infrastructure development in Cambodia, the Japanese government has announced a generous aid package totaling USD 446,801 for three critical projects focusing on irrigation systems and bridge construction. HE Ueno Atsushi, Japan’s Ambassador to Cambodia, officially signed the grant agreement on 30th January alongside representatives from the three beneficiary institutions […]
Japan Enhances Education Infrastructure in Cambodia with USD 20 Million Investment
In a significant boost to Cambodia’s educational landscape, Japan has announced a generous contribution of nearly USD 20 million to construct new school buildings in the Pursat and Banteay Meanchey provinces. This commitment underscores Japan’s ongoing support for Cambodia’s development efforts, particularly in enhancing access to quality education for its youth. At a recent signing […]
Chinese Company Pledges to Complete Mondulkiri Wind Power Station by 2026
In a significant commitment to renewable energy in Cambodia, HK OASIS Power Energy Development Co., Ltd. has vowed to complete the construction of a 150-megawatt wind power station in Mondulkiri province by 2026. This pledge was made by Mr. Wang Junwei, the company’s representative, during a meeting with HE Chea Vuthy, Secretary General of the […]
Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy
In a landmark event on January 17, 2025, Sweden’s prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna […]