Cambodia Enhances Investment Climate with Adoption of 21 International Standards
Cambodia is taking significant strides to boost its economy and attract foreign investment by adopting 21 new international standards as national standards. This pivotal decision was made during the National Standards Council’s 30th meeting on January 30, 2025, which focused on reviewing and approving key standards across various sectors. The adoption of these standards aligns […]
Cambodia’s Electricity Capacity Set to Expand Significantly by 2024
By 2024, Cambodia is poised to enhance its electricity generation capacity to an impressive 5,044 megawatts, alongside a substantial extension of transmission lines to 3,890 kilometers. During the closing ceremony of the Electricity Authority’s conference on February 3, 2025, His Excellency Keo Rattanak, Minister of Mines and Energy, confirmed that these targets had been met. […]
BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone
In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant […]
China and Japan Unite to Support Mine Clearance Efforts in Cambodia
In a significant move to enhance safety and promote development, China and Japan granted nearly USD 6 million to support ongoing mine clearance operations in Cambodia. This funding will be directed towards the Cambodian Mine Action Center (CMAC) and the Japan Mine Action Service (JMAS), focusing on eight provinces affected by landmines and unexploded ordnance. […]
Progress Report on National Road 5: Final Section Construction Updates
As of early February 2025, significant progress has been made on the final section of National Road 5, stretching from Seri Sophon to Poipet. With a total length of 35.14 kilometers, this crucial infrastructure project is currently 29% complete and is on track for completion in 2026. The update was shared by His Excellency Phon […]
European Nations Unite to Boost Investment into Cambodia
A coalition of consuls general from nine European Union (EU) countries has committed to enhancing investment opportunities in Cambodia. The countries represented include Egypt, Italy, Sweden, Austria, Belgium, Denmark, Norway, Spain, and the United Kingdom. This collaborative effort was unveiled during a meeting with His Excellency Sun Chanthol, Deputy Prime Minister and First Vice President […]