Cooperation and networking
Global Supply Chain Shift from China, While Thailand Emerges as Key Player
Thailand has positioned itself as a prime investment destination in the ongoing supply chain reformation from China, attracting substantial investment across key industrial clusters over the next decade, according to Michael Glancy, Country Head of JLL Thailand. This shift, driven by the need for supply chain diversification, is detailed in a recent report by Jones […]
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Japan Heart Supports Construction of Paediatric Oncology Hospital in Kandal Province
Japan Heart Children’s Medical Centre has announced the construction of a three-storey paediatric oncology hospital in Kandal province. The facility, which will feature 100 rooms and four operating theatres, is expected to be completed within 15 months, with an opening scheduled for October 2025. This initiative, disclosed by Japan Heart on 31 July 2024, is […]
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Korea Commits US$10m to Transform 30 Villages in Northwestern Cambodia
The Government of Korea, through the Korea International Cooperation Agency (KOICA), has committed US$10 million to develop 30 villages in Battambang, Banteay Meanchey, and Pailin provinces over five years from 2022 to 2026. The project aimed at boosting agricultural incomes, enhancing governance capacity for rural development, and improving access to essential services, according to KOICA’s […]
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New National Assembly Building in Cambodia Reaches 57% Completion with Vietnam’s US$25m Grant
The construction of Cambodia’s new National Assembly building, funded by a US$25 million grant from Vietnam, has reached 57% completion. The project committee, led by National Assembly President Khuon Sodary, reviewed progress on 31 July 2024. During the meeting, TCV, an international construction company, reported that although the project was initially expected to be completed […]
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Cambodia to Establish Private Business Centre in Macau to Expand Overseas Markets
The Cambodian Ministry of Commerce is preparing to establish a Cambodian Private Business Centre in Macau to boost overseas markets. This initiative aims to promote the export of Cambodian products and enhance international trade relations. The announcement came following a site inspection by a delegation led by Mr. Seang Thai, Secretary of State of the […]
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Korea Pledges US$10 Million Cooperation Fund to Boost Mekong Development by 2027
The Republic of Korea has pledged to increase its financial contribution to the Mekong-Republic of Korea Cooperation Fund to US$10 million by 2027, aiming to bolster sustainable development and environmental protection in the Mekong subregion. This commitment was announced in a press release on 28 July 2024. During the 12th Meeting of the Foreign Ministers […]
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Vietnam Expands 400MW of Electricity Supply to Cambodia: Pledging More Cooperation
Vietnam has announced a significant increase in its electricity supply to Cambodia, pledging up to 400 megawatts to support the nation’s economic growth. This commitment follows a recent meeting between Samdech Techo Hun Sen, President of the Senate of Cambodia, and HE Pham Minh Chinh, Prime Minister of Vietnam, held in Hanoi on 25 July […]
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Japan Grants Over US$57m to Cambodia for Human Resource & Infrastructure Development
The Ministry of Economy and Finance and the Japan International Cooperation Agency (JICA) have signed two agreements worth 8.679 million yen (US$57.5 million) to support human resource and infrastructure development in Cambodia. This was announced in a joint press release on 19 July 2024. The agreements include a grant financing agreement and a concessional loan […]
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50 Chinese Investors Explore Lucrative Prospects in Kampong Speu’s Five Key Sectors
Fifty investors from Zhejiang province, China, are actively exploring investment opportunities in Kampong Speu, focusing on the five key sectors of agriculture, agro-industry, mining and energy, and industry. This interest was announced on the official Facebook page of Kampong Speu Provincial Administration on 16 July 2024. According to HE Cheam Chansophoan, Governor of Kampong Speu […]
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CCA Board Invited to Prominent China-ASEAN Electric Power Equipment Conference
The 2024 China (Chongqing) – ASEAN Electric Power Equipment Manufacturing Industry Conference on Innovation and Cooperation commenced in Fuling, Chongqing, aiming to foster green development and regional prosperity by inviting international investors to explore business and investment opportunities. This significant event took place on 9 July 2024, as per the Ministry of Information’s press release. […]
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