Cooperation and networking
EU Commits US$13m Grant for Bakheng Water Treatment Plant Phase 3
The European Union (EU) has pledged a grant of US$13 million for the implementation of Bakheng Water Treatment Plant Phase 3, as announced by HE Jutta Urpilainen, European Commissioner for International Partnerships, during a visit to the plant on 13 March. HE Hem Vanndy, Minister of Industry, Science, Technology, and Innovation (MISTI), also participated in […]
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Japan Extends Concessional Loan for Regional Hospital Development in Cambodia
In a significant gesture of bilateral cooperation, Japan has extended a concessional loan totalling JPY 21,104 million (approximately US$154 million) to Cambodia for the development of regional hospitals. The formal exchange of notes and accompanying documents took place on 13 March, with HE Sok Chanda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and […]
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Cambodia Eyes European Investment Booster: A US$540m Journey Over Three Decades
In a concerted effort to diversify and enhance its investment portfolio, Cambodia has set its sights on attracting a larger share of European investment. Despite hosting approximately 62 projects from Europe, a total investment of US$540 million since 1994, the nation views this figure as the tip of the iceberg. This ambition was at the […]
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Cambodia & Vietnam Forge Business Council for Seamless Cross-Border Trade
In a groundbreaking move towards bolstering economic ties, the Cambodian Chamber of Commerce (CCC) and the Cambodia-Vietnam Business Council (CVBA) have unveiled plans to establish the Cambodia-Vietnam Business Council. This strategic initiative announced through the official Facebook page of the CCC on 8 March 2024, is poised to play a pivotal role in addressing challenges […]
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SunRice Group Eyes Cambodia for Organic Rice Processing Plant, Opening New Avenues for Export
Australia’s SunRice Group is contemplating a strategic investment in Cambodia, aiming to establish a dedicated rice processing plant with a focus on organic rice for international exports. The ambitious plan was unveiled during a pivotal meeting between Samdech Hun Manet, Prime Minister, and Paul Serra, CEO of SunRice Group, on the occasion of the ASEAN-Australia […]
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SPC Group’s Strategic Move into Cambodia’s Agro-Industry: A New Chapter in Global Food Export
Australia’s SPC Group has announced its intention to invest in Cambodia’s food and fruit processing industry. This decision was revealed during a meeting between Cambodian Prime Minister Samdech Hun Manet and Mr. Neil Brimacombe, President of SPC Group, on the sidelines of the ASEAN-Australia Special Summit held in Melbourne, Australia, on 5 March 2024. SPC […]
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FreshStart Energy Explores Cutting-Edge Technology Investment for Electronification in Cambodia
FreshStart Energy, a subsidiary of FreshStart, revealed its keen interest in investing in Cambodia’s energy sector. CEO & President of FreshStart Energy, Mr. Mario Vecchio, conveyed the company’s intent to leverage advanced technology for efficient electricity management in the kingdom. This intention was revealed in a pivotal meeting during the ASEAN-Australia Special Summit in Melbourne, […]
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Enserv Holding Australia Explores Investment in Transformative Sorghum Processing for Biogas & High-Protein Rice in Cambodia
Enserv Holding Australia has conveyed its keen interest in investing in sorghum processing in Cambodia in a meeting with Prime Minister Hun Manet and Mr. Tanachat Pochana, the company’s President, during the ASEAN-Australia Special Summit in Melbourne on 4 March 2024. The company envisions leveraging sorghum to produce low-calorie, high-protein rice, with an added focus […]
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Australian Conglomerate FreshStart Eyes Major Investments Across Cambodia’s Key Sectors
Aegros and FreshStart Logistics, a subsidiary of FreshStart, have unveiled plans to significantly expand their investments in Cambodia, targeting three pivotal sectors: logistics, energy, and healthcare. This strategic move was disclosed during a meeting between Mr. Daniel Phillips, President of FreshStart Company, and Prime Minister Hun Manet at the ASEAN-Australia Special Summit in Melbourne on […]
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China Extends Generous US$7.2m Grant for Council of Ministers’ Friendship Building Renovation
In a significant gesture of enduring friendship and collaboration, China has bestowed Cambodia with a substantial grant of 53.2 million yuan (US$7.3 million) earmarked for the renovation of the Friendship Building within the Council of Ministers, according to the official Facebook page of the Office of the Council of Ministers on 5 March 2024. The […]
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