Chinese Company to Establish Cashew Processing Plant in Cambodia
Shandong (Cambodia) Economic and Technological Development Zone, a Chinese company specializing in cassava and cashew cultivation, has announced plans to increase its capital to establish a cashew processing plant in Cambodia. This initiative was discussed during a recent meeting held on November 6, 2024, between His Excellency Hun Manet, the Prime Minister of Cambodia, and […]
Cambodia has Chinese-invested 1,200 factories with a total capital of more than USD9 billion
As of October 2024, Cambodia has a total of 1,273 factories invested by Chinese investors, totalling USD 9,086 billion, which represents 45.49 percent of the country’s overall investment capital. The figures were mentioned in a meeting between HE Hem Vanndy, Minister of Industry, Science, Technology & Innovation and HE Wang Wenbin, Ambassador of China to […]
ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of […]
ADB Invests USD 80 Million in Climate-Resilient Schools to Transform Cambodian Education
To strengthen Cambodia’s secondary education sector, the Asian Development Bank (ADB) has approved a USD 80 million loan dedicated to constructing climate-resilient school buildings and expanding educational resources across the nation. This update was confirmed in a press release from the Angkor Institute on 31 October 2024. This initiative aims to address Cambodia’s low high […]
Cambodia and South Korea Forge Strategic Alliance to Drive Investment Cooperation
The Council for the Development of Cambodia (CDC) and the South Korean Embassy in Cambodia convened their inaugural public-private sector dialogue on 24 October 2024 to strengthen investment cooperation. Led by HE. Sun Chanthol, Cambodia’s First Deputy Prime Minister and Vice President of the CDC, alongside Mr. Park Jung Wook, the Ambassador of the Republic […]
Nearly 2,000 Local Associations and NGOs Registered in Cambodia Since 2015
Since the enactment of Cambodia’s Law on Associations and Non-Governmental Organizations in August 2015, a total of 1,961 local associations and NGOs have officially registered with the Ministry of Interior, according to Dr Touch Sokheak, Deputy Spokesman of the Ministry of Interior, in a recent statement to Apsara News, 30 September 2024. Dr Sokheak detailed […]