USAID Grants USD 55 Million to Cambodia, Prioritizing Food Security, Health, and Environment
The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director […]
PM Celebrates Inauguration of USD 62 Million Dam Rehabilitation Projects in Mondulkiri
Three major dam rehabilitation projects in Mondulkiri, the Otethipadi, Sen Sokdom, and Sen Monorom dams, have officially been inaugurated, representing a USD 62 million investment aimed at transforming the province’s water infrastructure. The inauguration ceremony, presided over by PM Hun Manet, marked a significant step towards improving local livelihoods, with the projects set to supply […]
Bokor Mountain Cable Car Project Under Study by Sokimex, Doppelmayr, and Confluences
Sokimex Investment Group (SIG) has granted permission for Doppelmayr and Confluences to explore the feasibility of a cable car system on Bokor Mountain in Kampot Province, aiming to boost tourism and economic growth. This announcement was shared on the official Facebook page of SIG on 21 October 2024, confirming the companies’ involvement in assessing the […]
France and EU Set to Boost Phnom Penh Water Supply’s Capacity for Clean Water Development
The French Development Agency (AFD) and the European Union are gearing up to enhance the capabilities of the Phnom Penh Water Supply Authority (PPWSA) initiative to strengthen Cambodia’s water sector, starting in early 2025. This plan, aimed at advancing the Sixth Sustainable Development Goal of universal access to clean water and improved sanitation, was announced […]
China Grants Over USD 42 Million to Boost Cambodia’s Infrastructure Development
To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s […]
Cambodia Approves 28 New Projects in September, Attracting USD443 Million Investment
Cambodia greenlighted 28 new investment projects in September 2024, worth approximately USD443 million, creating around 25,000 jobs across various industries. This impressive investment surge includes 26 new projects and two production expansions, positioning Cambodia as an attractive hub for both local and international investors. The Council for the Development of Cambodia confirmed the details in […]