Cooperation and networking
Cambodia Unveils Export Service Center to Strengthen International Trade and Empower Local Businesses
In a pivotal move to enhance Cambodia’s global trade footprint, the Ministry of Commerce officially launched the Export Service Center (ESC) on 5 November 2024. This new initiative, dedicated to advancing Cambodian exports, aims to position local products in global markets and equip traders with essential skills and resources to compete internationally. The inauguration ceremony, […]
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Chinese Guoxing Group Commits to Major Investments in Cambodia’s Industrial and Agricultural Sectors
Guoxing Group, a prominent Chinese conglomerate, has reaffirmed its commitment to establishing a major industrial park in Cambodia and is actively exploring agricultural investment, particularly in the production of organic fertilizers. This announcement followed a strategic meeting between Samdech Hun Manet, PM of Cambodia, and Mr. Li Guolian, President of Guoxing Group, on 6 November […]
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Sailun Group to Boost Cambodia’s Rubber Processing Industry with Expanded Investment
Chinese tyre manufacturing giant Sailun Group has announced a substantial plan to increase its investment in Cambodia’s rubber processing industry, aiming to expand the output of its Svay Rieng-based tyre factory. This key decision was highlighted during discussions held between Yuan Zhongxue, Honorary Chairman of Sailun Group, and PMHun Manet at the 8th Greater Mekong […]
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Chinese Firm Expands Investment with New Cashew Processing Plant in Cambodia
Shandong (Cambodia) Economic and Technological Development Zone, a major Chinese agricultural firm, has announced a substantial capital increase to establish a new cashew processing plant in Cambodia, further advancing its agricultural production footprint in the country. This decision was revealed during a meeting on 6 November 2024 between Cambodian PM HE Hun Manet and Mr. […]
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Chinese Investment in Cambodian Manufacturing Surpasses USD 9 Billion, with 1,273 Factories Established
Cambodia’s manufacturing sector now hosts 1,273 factories funded by Chinese investors, representing a total investment of over USD 9 billion and accounting for 45.49% of the country’s overall foreign investment capital. The details were highlighted in a meeting between Minister of Industry, Science, Technology, and Innovation HE Hem Vanndy and China’s Ambassador to Cambodia HE […]
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ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of […]
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ADB Invests USD 80 Million in Climate-Resilient Schools to Transform Cambodian Education
To strengthen Cambodia’s secondary education sector, the Asian Development Bank (ADB) has approved a USD 80 million loan dedicated to constructing climate-resilient school buildings and expanding educational resources across the nation. This update was confirmed in a press release from the Angkor Institute on 31 October 2024. This initiative aims to address Cambodia’s low high […]
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Cambodia & South Korea Forge Strategic Alliance to Drive Investment Cooperation
The Council for the Development of Cambodia (CDC) and the South Korean Embassy in Cambodia convened their inaugural public-private sector dialogue on 24 October 2024 to strengthen investment cooperation. Led by HE Sun Chanthol, Cambodia’s First Deputy Prime Minister and Vice President of the CDC, alongside HE Park Jung Wook, the Ambassador of the Republic […]
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Nearly 2,000 Local Associations and NGOs Registered in Cambodia Since 2015
Since the enactment of Cambodia’s Law on Associations and Non-Governmental Organisations in August 2015, a total of 1,961 local associations and NGOs have officially registered with the Ministry of Interior, according to Dr. Touch Sokheak, Deputy Spokesman of the Ministry of Interior, in a recent statement to Apsara News on 30 September 2024. Dr. Sokheak […]
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South Korea’s Gyeongbuk Technopark Sets Sights on Technology Park Collaboration in Cambodia
The Gyeongbuk Technopark Korea Innovation Centre is exploring collaboration opportunities with Cambodia’s Ministry of Industry, Science, Technology, and Innovation (MISTI) to invest in a high-tech innovation hub in Cambodia, aligning with the nation’s strategic development goals in smart agriculture, health, and green technology. This promising development was discussed on 28 October 2024 during a meeting […]
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