Germany Provides USD 3.12 Million for Cambodia’s Demining Operations in Two Provinces
Germany has granted USD 3.12 million to support Cambodia’s demining operations in Banteay Meanchey and Oddar Meanchey provinces. The funds, allocated through the Norwegian People’s Aid (NPA), were announced during a meeting on 4 September 2024 between HE Heng Ratana, head of CMAC, and Mr Hans Risser, NPA President in Cambodia. The grant, covering a […]
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 […]
South Korea’s Mugungwha Trust Targets Investment in Cambodia’s Expanding Trust Sector
Mugungwha Trust Co., Ltd., a leading South Korean trust company, has announced plans to invest in Cambodia’s trust sector, aiming to contribute to the country’s economic growth and sector expansion. The company’s President, Mr. Oh Chang-seok, expressed this commitment during a meeting with Samdech Techo Hun Sen on 10 September 2024 in Seoul, Republic of […]
Leading Chinese Firm Eyes Major Investment in Cambodia’s Agriculture and Livestock Sector
SHAN CUN GROUP, one of China’s largest agricultural investors, has revealed plans to explore significant investments in Cambodia’s agriculture and livestock sectors. This announcement was made during a meeting on 5 September 2024, between HE Yun Heng, Deputy Secretary General of the Cambodian Investment Committee, and a delegation from SHAN CUN GROUP. During the meeting, […]
Kazakhstan Eyes Boost in Trade with Cambodia, Targeting USD300 Million Milestone
Kazakhstan has announced an ambitious plan to expand its trade with Cambodia to USD300 million, with a longer-term goal of reaching USD1 billion. This development followed a high-level meeting between former Prime Minister Samdech Hun Sen and His Excellency Kanat TUMYSH, the newly appointed Ambassador of the Republic of Kazakhstan, on 5 September 2024. During […]