Techo International Airport to Undergo 5 Days Final Flight Inspections Ahead of 2025 Launch
Techo International Airport, Cambodia’s largest and only 4F-class airport, will conduct a five-day flight inspection from 8 to 12 September 2024, as it gears up for its scheduled opening in the first half of next year. HE Sin Chanserivutha, Under-Secretary of State and Spokesman for the State Secretariat of Civil Aviation, confirmed that this critical […]
Cambodia Secures US$2 Million in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects
Cambodia has been granted a US$2 million special fund from the 2024 Mekong-Lanchang Cooperation (MLC) to support the development of eight strategic projects, according to a press release issued by the Ministry of Foreign Affairs and International Cooperation on 3 September 2024. These projects span critical sectors such as tourism, demining, agriculture, rural development, public […]
Kratie Celebrates the Official Opening of its First US$140 Million Tyre Factory
Cambodia’s first-ever tyre factory, Newbustar (Cambodia) Tire Co., Ltd., with an investment of US$140 million, officially opened its doors in the UBE Snuol Special Economic Zone, Kratie province, as per the Cambodia Development Advisor’s press release on 6 September 2024. The factory, spanning a 40-hectare site, began operations in May 2023, marking a major milestone […]
Hong Kong’s Fung Group Eyes Expansion in Cambodia’s Textile Industry, Exploring New Investment in SEZs
Fung Group, a prominent Hong Kong-based conglomerate, has expressed interest in expanding its investments into Cambodia’s textile and garment sectors, particularly within the country’s Special Economic Zones (SEZs). This intent was shared during a working meeting between HE Sun Chanthol, First Deputy Prime Minister and Vice President of the Council for the Development of Cambodia […]
Kampong Speu Leads Cambodia with 95 New Investment Projects in Just One Year
From September 2023 to August 2024, Kampong Speu Province emerged as a top destination for investment in Cambodia, attracting 95 new projects out of a total of 391 approved by the Council for the Development of Cambodia (CDC). This influx of investments highlights Kampong Speu’s rising prominence as an industrial and economic hub, as reported […]
Kampong Speu’s Rapid Industrial Growth: Over 423 Factories and 200k Jobs Created in 2024
Kampong Speu province is experiencing significant industrial expansion with a total of 423 factories now operational, including 30 newly established factories in the first half of 2024. These developments have generated over 200,000 jobs in the province, reflecting the area’s growing appeal to investors. This information was shared by HE Cheam Chansophoan, Governor of Kampong […]