Cambodia & Korea Approve Prioritised Projects Worth US$1.5B of Concession Loan Along with US$50 of Grant Aid

The Royal Government of Cambodia and the Republic of Korea have approved the prioritised projects in the Financing Cooperation Framework 2022-2026, which is worth about US$1.5 billion along with US$50 million of grant aid to develop key sectors in Cambodia. According to a 4th Policy Dialogue on 13 June 2022, the amount of budget above […]

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The US Seeking To Invest In Transport Infrastructure In Cambodia

US investors are looking for investment opportunities in transport infrastructure in Cambodia, as the Royal Government of Cambodia said welcomes all foreign investors who wish to invest in the transport infrastructure in Cambodia. In a meeting held on June 1 with HE Koy Sodany, Secretary of State for the Ministry of Public Works and Transport, […]

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Six Cambodian Experts Complete Capacity Building Course on Independent Power Project Evaluation

Six Cambodian trainees have successfully completed the capacity building certification of the Independent Power Generation Project Evaluation. This is according to the Japan International Cooperation Agency (JICA) in Cambodia on 24 May 2022. According to JICA, the Certificate of Completion was handed over on 12 May 2022 at the General Department of Energy of the […]

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Phnom Penh, AIMF Sign Smart & Sustainable City Development Cooperation

Phnom Penh Capital Administration signed a partnership agreement with the Association Internationale des Maires Francophones (AIMF) on 23 May on ‘Emergency Response Planning, Disaster Response, Mud Management, Toilet Waste Management & Strategic Roadmap on Smart & Sustainable City.’ The signing ceremony was held on 23 May by HE Khuong Sreng, Governor of Phnom Penh, and […]

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India Plans to Connect to Cambodia by Highway

The Royal Government of Cambodia and the Government of India have discussed the implementation of the India-Myanmar-Thailand Expressway project and the expansion to Cambodia, Laos, and Vietnam. The discussions were held between Cambodian Prime Minister Samdech Techo Hun Sen and his Indian counterpart HE Narendra Modi via an online video on 18 May. During the […]

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U.S. Makes US$150 Million Commitment to ASEAN

The United States has promised to spend US$150 million on Southeast Asian infrastructure, security, pandemic preparedness, and other efforts. The information was announced by U.S. President Joe Biden at the start of a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in Washington. Biden’s administration hopes the efforts will show the countries […]

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Phnom Penh Governor urges Japanese firms to invest in high-rise firefighting services

Phnom Penh Governor HE Khuong Sreng has urged Japanese firms to consider investing more in Phnom Penh, especially in the field of firefighting services for high-rise buildings. HE Khuong Sreng said in the meeting with the Japan-Cambodia Association delegation on 3 February 3 that a proper firefighting system on high-rise buildings is what Phnom Penh […]

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KOICA Provides US$316 million in Grant Aid to Cambodia Over 30 Years

Over the past 30 years from 1991 to 2021, the Korea International Cooperation Agency (KOICA) has provided a total of US$316 million grant aid to Cambodia, contributing to socio-economic development. The remarks were made by Country Director of KOICA Cambodia Office Hyunjun Rho in an online meeting held on 11 January with HE Chhieng Yanara, […]

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Four Private Firms Join Hands with Local Authorities to Boost SHV Development

Four private companies have entered a partnership with the Sihanoukville Provincial Administration to attract more investors and boost development within the province. The MoU on attracting investment to contribute to the development of SHV was signed by the representatives of the five parties on Wednesday 17 November. According to the provincial administration’s press release, the […]

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CVEA, AVA Mull Establishing Standardised Guidelines for ASEAN Real Estate Evaluators

The ASEAN Valuers Association (AVA) and Cambodian Valuers and Estate Agents Association (CVEA) have vowed to enhance the capacity of their real estate agents, with plans to establish shared guidelines and standards to regulate and certify real estate agents among all member countries. CVEA Secretary-General Susan Widjojo made the remarks at a press conference on […]

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