Cambodia Secures USD 2m in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects

Cambodia has been granted a USD 2 million special fund from the 2024 Mekong-Lanchang Cooperation (MLC) to support the development of eight strategic projects, according to a press release issued by the Ministry of Foreign Affairs and International Cooperation on 3 September 2024.

These projects span critical sectors such as tourism, demining, agriculture, rural development, public awareness of Mekong-Lanchang cooperation, regional economic promotion, education, technical and vocational training, and capacity building for flood risk management.

Over the past seven years, the MLC Special Fund has financed around 90 projects in Cambodia, strengthening ties between Mekong-Lanchang countries and fostering regional development aimed at building a shared future.

- Video Advertisement -

Related Post

Hong Kong Airport overtakes Singapore Airport (Changi), and becomes Asia’s leading airport

Hong Kong International Airport has overtaken Singapore’s Changi Airport, which was named “Asia’s Leading Airport” at the 2024 World Tourism Awards. This is according to Seasia’s post on September 9, 2024. This is the second year that Hong Kong International Airport has competed for the title. Before the 19-Kovid outbreak, Changi Airport held the position […]

Japan wants to invest in recycling waste in Battambang province as fuel, while 1 ton of garbage can process 700 litres of oil

Sougo Tatemono Service Inc. from Japan is interested in investing in recycling plastic waste in Battambang province into fuel oil. This is according to the meeting between HE Sok Loo, Governor of Battambang Province with the representative of the Embassy of Japan in Cambodia and the Japanese company on September 13, 2023. In this meeting, […]

Cambodia and South Korea Strengthen Partnership to Accelerate Rural Development Through New Village Movement

On 12 September 2024, Cambodia and South Korea solidified their commitment to enhancing rural development in Cambodia through the signing of a Memorandum of Understanding (MoU) under the New Village Movement project. The MoU, signed between Kyungsangbukdo Province of South Korea and Cambodia’s Asian Cultural Council, highlights a renewed focus on boosting rural infrastructure, promoting […]

Cambodia Allocates Over US$62 Million for Three New Buildings at Calmette Hospital to Boost Healthcare Capacity

Cambodia has committed over USD 62 million to construct three new buildings at Calmette Hospital in Phnom Penh, reinforcing the nation’s healthcare infrastructure. The groundbreaking ceremony for the project was presided over by PM Samdech Hun Manet on 16 September 2024. The project, which includes a 25-story main building, a parking facility, and the Cyclotron […]

Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export

Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and His Excellency Kim Jin-pyo, former Speaker of the National Assembly of the […]

Chinese Wanli Stone Eyes Investment in SEZ with Ambition to Expand Marble Business in Cambodia

China’s Wanli Stone, currently operating a thriving marble and granite business in Kampong Speu province, is exploring further investment opportunities in Cambodia, with plans to develop a special economic zone (SEZ). This announcement followed a meeting on 8 September 2024, between HE Sun Chanthol, Deputy PM and first Vice President of the Council for the […]