Chinese Investment in Cambodian Flower Industry
A promising development has emerged in the agricultural sector of Cambodia, as a company from Yunnan Province, China, has expressed keen interest in investing in flower cultivation and supply within the country. This dialogue was initiated during a recent meeting with the Council for the Development of Cambodia, aimed at fostering cooperation in this burgeoning […]
Royal Railway Plc has ordered 221 flat wagons from China to enhance rail freight services in Cambodia
The company, part of the Royal Group, has purchased a total of 221 brand-new flat wagons. The first batch of 60 wagons arrived on the evening of Sunday, December 1, 2024. This initial shipment is part of a larger order, with a subsequent batch of 35 wagons expected to arrive in 2-3 weeks during December […]
Kampong Thom to Welcome New Cashew Industrial Park Following Swift Approval by PM
Kampong Thom province is set to establish a transformative cashew industrial park, following PM Samdech Hun Manet’s swift approval just one day after the proposal was submitted. Announced during the closing ceremony of the 2024 work review and the 2025 planning session of the Ministry of Land Management, Urban Planning, and Construction on 26 November […]
ADB Approves USD 50 Million Loan to Boost Cambodia’s MSME Sector
The Asian Development Bank (ADB) has approved a USD 50 million loan to enhance Cambodia’s micro, small, and medium-sized enterprises (MSMEs), aiming to strengthen the business environment and reduce trade barriers in Southeast Asia. ADB Country Director for Cambodia, Jyotsana Varma, highlighted the MSME’s transformative potential stating: “By fostering the growth of these enterprises, we […]
Japan Invests Over USD40 Million in Cambodia, Enhancing Economic Partnerships in 2024
Japan has invested over USD40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Duke Association […]
Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector
Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee […]