InterContinental Hotels & Resorts to Open USD 300 Million Landmark in Sihanoukville, Marking Grand Return to Cambodia
InterContinental Hotels & Resorts will make its return to Cambodia with a USD 300 million luxury property in Sihanoukville, scheduled to open in 2028 as part of the expansive Peninsula Bay Integrated Resort. The announcement coincides with a notable revival in Cambodia’s tourism industry, which saw a 23% increase in international arrivals in 2024, exceeding […]
Prime Minister Unveils Ambitious Plan to Transform Stung Treng’s Agriculture Sector
In a significant move aimed at revitalizing the agricultural landscape of Stung Treng province, Prime Minister Hun Manet has announced the rezoning of 6,000 hectares of investment land to a private company to establish an agro-industrial zone. This ambitious initiative was unveiled during the official inauguration of National Road 71c on April 12, 2025. During […]
Government Launches Investment Program for Northeastern Provinces
Prime Minister Hun Manet has announced a special investment program targeting Kratie, Stung Treng, Ratanakiri, and Mondulkiri from 2025 to 2028. The initiative aims to attract private investment in agriculture, agro-industry, and tourism, leveraging the region’s rich natural resources and tourism potential. Key features of the program include tax and customs incentives, attractive financing options, […]
In the first three months, capital investment from China to Cambodia up to 56.23% of the total investment capital
In the first quarter of 2025, Chinese investment in Cambodia has reached a remarkable 56.23% of the total registered capital, amounting to USD 2.5 billion across 172 ambitious projects. This impressive influx includes six expansions of existing production facilities, which are anticipated to create nearly 120,000 jobs nationwide, significantly contributing to the country’s economic growth. […]
Kampong Thom Set to Become Hub for Cashew Production as Chinese Company Eyes Warehouse Development
Kampong Thom Province is on the brink of significant agricultural development, with Sinomac Hainan Development Co., Ltd., a leading Chinese state-owned agricultural enterprise, studying the feasibility of constructing a state-of-the-art warehouse and drying yard dedicated to cashew nuts. This initiative aims to enhance Cambodia’s agricultural export potential, particularly in the burgeoning cashew sector. The announcement […]
Four Major Companies Plan to Further Investment in Cambodia’s Automotive and Electronics Sectors
Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on March 31, 2025. During the visit, HE […]