Vietnam’s USD 67 Billion High-Speed Rail Project Charts Independent Path, Shunning Foreign Investment
In a groundbreaking move that signals Vietnam’s growing economic confidence, the Vietnamese National Assembly has approved an ambitious USD 67 billion high-speed rail network connecting Hanoi to Ho Chi Minh City, with the revolutionary decision to fund the megaproject primarily through domestic sources rather than traditional foreign investment, according to an announcement from the National […]
Japan Enhances Education Infrastructure in Cambodia with USD 20 Million Investment
In a significant boost to Cambodia’s educational landscape, Japan has announced a generous contribution of nearly USD 20 million to construct new school buildings in the Pursat and Banteay Meanchey provinces. This commitment underscores Japan’s ongoing support for Cambodia’s development efforts, particularly in enhancing access to quality education for its youth. At a recent signing […]
Techo International Airport Nears Completion: A New Gateway to Cambodia
In an exciting development for Cambodia’s aviation sector, the Techo International Airport construction project is now over 94% complete, with the total investment reaching nearly USD 1.4 billion. This ambitious project promises to transform the country’s skyways and enhance domestic and international travel connectivity. As of late December 2024, critical infrastructure components, including the Passenger […]
Government Revives Stalled Projects in Sihanoukville
The Cambodian government is taking significant steps to revive 42 stalled projects in Sihanoukville province, totaling an investment capital of $564 million. This initiative is part of the ongoing effort to revitalize the coastal region and encourage the resumption of major developments. During the 13th meeting on the “Special Program to Promote Investment in Sihanoukville […]
Cambodia Boosts Agricultural Irrigation Capacity by Nearly 2 Million Hectares by 2024
In a significant advancement for its agricultural sector, Cambodia has successfully increased the irrigation capacity of its agricultural land by approximately 1,969,843 hectares as of 2024. This achievement is part of the Cambodian government’s ongoing efforts to enhance irrigation systems nationwide, ensuring access to vital resources for its citizens. During a meeting of Senate Committee […]
Transforming Kampong Thom: Cambodian Government’s Vision for a Thriving Tourism Hub
The Cambodian government aims to transform Kampong Thom province into a vibrant tourism hub by establishing two special working groups to prepare a comprehensive tourism development plan. This initiative highlights the province’s rich cultural heritage, historical significance, and abundant natural resources, particularly due to its central location in Cambodia. The announcement was made during a […]