ADB demonstrates support for clean water development in Cambodia through a USD 400 million large-scale financing project by 2025
The Asian Development Bank (ADB) is committed to further strengthening urban development in Cambodia through the USD400 million Large-Scale Financing (MFF) project, which is scheduled for approval by the end of 2025. The initiative comes after the success of an ongoing USD119 million project in the Battambang and Kampong Cham provinces. This was stated in […]
Cambodian Gov’t Revitalises 165 Stalled Projects in Sihanoukville in Record 10 Months
The Cambodian government has tackled 165 previously stalled projects within just ten months, spurred by the Sihanoukville Investment Promotion Team’s special incentive programme, initiated by Prime Minister Hun Manet on 31 January 2024 and active through October 2024. According to an announcement on 24 October 2024 from the official task force’s Facebook page, the revitalised […]
Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
The Cambodian government has approved a 2025 budget bill totalling approximately 37.95 trillion riels (USD 9.32 billion), marking a reduction from the 38.83 trillion riels (USD 9.54 billion) allocated for 2024. The budget cut comes as part of a strategic approach to economic planning and was endorsed during a cabinet meeting chaired by PM Samdech […]
Thailand Pitches “6 Countries, 1 Goal” Initiative to Boost ASEAN Tourism
Thailand has proposed a groundbreaking tourism initiative named “6 Countries, 1 Goal” to strengthen collaboration and tourism flow within the ASEAN region. The proposal, aimed at creating seamless travel experiences across Brunei, Cambodia, Laos, Malaysia, Vietnam, and Thailand, was discussed during a meeting on 21 October 2024, between Mr Dusit Menapan, adviser to the Thai […]
Cambodian Gov’t to Cease Border Infrastructure Fund Donations by 31 October After Raising Over US$ 26Mil
The Cambodian government has announced that it will stop accepting donations for its Border Infrastructure Fund after raising over USD 26.33 million from nearly 700,000 donors to support the construction of a border ring road. The funding effort, which aims to enhance border infrastructure and strengthen national development, will officially conclude on 31 October 2024, […]
The Gov’t Pushes for Railway Expansion MoU by Year-End
The Cambodian government has set a firm deadline for a memorandum of understanding (MoU) on the railway expansion project to be finalised before the end of 2024, as announced by Samdech Hun Manet, PM of Cambodia, during the celebration ceremony marking the 20th anniversary of Cambodia’s accession to the World Trade Organization on 14 October […]