Southeast Asia’s Largest Solar Projects Lead Global Renewable Energy Growth
Southeast Asia continues to lead the renewable energy charge with landmark solar projects across Vietnam, Indonesia, and Thailand, showcasing the region’s commitment to sustainable development. With ASEAN member states targeting 35% renewable energy capacity by 2025, the region currently boasts 28 GW of utility-scale solar and wind power, contributing 9% to its total electricity capacity, […]
The 1st Section of the Boundary Posting Process Along Funan Techo Canal is Fully Completed
In a significant milestone for infrastructure development in Cambodia, the inter-ministerial technical working group has successfully completed the boundary posting process along the Funan Techo Canal. The first section, spanning 21 kilometres from Prek Takeo to Prek Po, has achieved a remarkable 100% completion rate. The Ministry of Public Works and Transport spearheaded the effort […]
International Finance Corporation Set to Transform Cambodia’s Infrastructure and Logistics Landscape
In a promising development for Cambodia’s economic growth, the International Finance Corporation (IFC) has announced its commitment to explore significant investments in the country’s infrastructure and logistics sectors. This initiative was highlighted during a recent meeting between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, […]
France Grants USD 192.2 Million in Cambodia’s Water Infrastructure
The French government has committed USD 192.2 million to enhance Cambodia’s water infrastructure, focusing on the restoration of the Stung Svay Chek reservoir and the third phase of the Bak Kheng water treatment plant. The agreement was signed on December 18, 2024, by Cambodia’s Minister of Economy and Finance, Aun Pornmoniroth, along with representatives from […]
Cambodia Eyes Potential to Expand World-class Integrated Resorts Market, with 87 Casinos Currently Operating
Cambodia is advancing plans to expand its casino industry by developing world-class integrated resorts (IRs) and implementing attractive tax policies to entice investors. The announcement was made on 10 December 2024 by Khim Oudam, Deputy Director of Licensing at Cambodia’s Commercial Gambling Management Commission (CGMC), during remarks to GGRAsia. The country’s gross gaming revenue (GGR) […]
Cambodia Allocates USD 2.7 Billion in SDR Borrowing for 2025 Development Boost Under Financial Law
Cambodia’s government will borrow 2 billion Special Drawing Rights (SDRs), equivalent to approximately USD 2.7 billion, to finance critical projects in 2025. This initiative, part of the Finance Law approved on 12 December 2024, aims to strengthen infrastructure, improve living standards, and support economic growth across key sectors. The funds will be strategically allocated to […]