Building Bridges of Progress: Europe’s 30-Year Investment Surpasses US$1.4 Billion in Cambodia’s Key Sectors

In an enduring partnership spanning three decades, the European Union has been a steadfast supporter of Cambodia’s development, injecting over US$1.4 billion from 1992 to 2022 into crucial sectors. The Council for the Development of Cambodia, in a press release dated 12 December 2023, revealed that this substantial cooperation financing, constituting 4.9% of all support […]

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Cambodia & Indonesia Forge Stronger Ties with Sisterhood Agreement

In a move to deepen the bonds between Cambodia and Indonesia, the two nations are fast-tracking the signing of a sisterhood agreement between Phnom Penh and Sumatra. The collaborative effort, aimed at strengthening ties, was a focal point of the meeting between HE Khuong Sreng, Governor of the Board of Governors of Phnom Penh, and […]

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Cambodia and the UK Forge Green Partnership: A Milestone in Sustainable Infrastructure Development

Cambodia and the United Kingdom inked a Memorandum of Understanding (MoU) signaling a commitment to foster investment in green infrastructure projects within the Kingdom. The MoU, signed by His Excellency Meas Sok Sen San, Secretary of State of the Ministry of Economy and Finance, and His Excellency Dominic Williams, UK Ambassador Extraordinary and Plenipotentiary to […]

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Cambodian Gov’t Not Yet Approved Vietnam’s Proposal for Importing 2,500 Electric Taxis

Vingroup, the prominent Vietnamese conglomerate, has sought approval from the Cambodian government to initiate a groundbreaking project involving the deployment of 2,500 electric taxis in key cities such as Phnom Penh, Siem Reap, and Sihanoukville. However, the proposal has not yet been approved by Cambodian Prime Minister Samdech Hun Manet, as revealed by the press […]

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MLMUPC Highly Commends CCA’s Remarkable Contributions to Cambodia’s Construction Advancement

Within 10 months in 2023, the Ministry of Land Management, Urban Planning and Construction has issued 2,924 construction licenses for projects with a total floor area of 12,335,043 m2 and an investment of approximately US$ 5,109,471,023. There are 146 projects upstairs, equivalent to 154 buildings, housing projects and housing complexes, there are 79 projects, equivalent […]

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Cambodia Inks Concessional Loans Worth US$1 Billion With Development Partners Amidst a 17% Dip

In the initial nine months of 2023, the Royal Government of Cambodia demonstrated strategic financial prowess by securing new concessional loan agreements with development partners, totaling a significant US$1 billion. This accomplishment, outlined in the Cambodian Public Debt Statistics Bulletin by the Ministry of Economy and Finance, reflects a tactical utilization of financial resources, constituting […]

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Japan Extends Generous Grant of US$300,000 to Safeguard Historic Sambor Prei Kuk Resort

In a gesture of cultural preservation, the Government of Japan has announced a generous grant of US$300,000 to Cambodia for the enhancement and rehabilitation of the Sambor Prei Kuk resort in Kampong Thom province. A press release from the Embassy of Japan in Cambodia on 12 December 2023, highlighted Japan’s commitment to supporting the “Human […]

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Cambodia Seeks Support from China to Establish a Natural Resource Data Management Centre

In a pivotal move, the National Assembly of Cambodia has extended a proposal to the Standing Committee of the Guangxi Provincial People’s Congress in the People’s Republic of China to establish a natural resource management data center aimed at enhancing the development of vital fish and rice corridors. This transformative initiative was discussed during a […]

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PM Proposes Transformative Partnership: Japan-Cambodia Industrial Park for Logistics Advancement

In a strategic move to propel Cambodia’s logistics sector, Samdech Prime Minister Hun Manet has extended an invitation to Japan for the establishment of a collaborative industrial park. The proposal came to light during a significant meeting between Samdech PM Hun Manet and Ambassador Ueno Atsushi of Japan on 7 December 2023. Japan, showcasing a […]

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New Zealand Extends a Helping Hand: Injects Over US$ 3 Million in Demining Assistance for Cambodia

New Zealand has pledged an additional US$ 3.1 million for the fourth phase of Cambodia’s demining project. The financing agreement, symbolizing this commitment, was formalized at a signing ceremony between the United Nations Development Program (UNDP), represented by Ms. Alissar Chaker, UNDP Country Director for Cambodia, and the Ministry of Foreign Affairs and Trade of […]

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