South Korea’s Yurahanes Invests USD 15m to Expand Car Electronics Assembly Plant in Kampong Speu

South Korean company Yurahanes (Cambodia) is set to expand its car electronics assembly plant in Kampong Speu province, following an investment of over USD 15 million. The factory, which employs 1,200 workers, including seven foreign specialists, was inaugurated under the presidency of HE Deputy PM Hun Many on 26 April 2023. The plant is located in Tuol Thnong village, Rokar Thom commune, Chbar...

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Cambodia Approves USD 1.2bn in Investments for 53 Projects in August, Creating Over 33,000 Jobs

In August 2024, the Council for the Development of Cambodia approved 53 new projects, amounting to over USD 1.2 billion in investments, set to create more than 33,000 jobs nationwide. Of these, 46 projects are new investments, while seven are production expansion initiatives. A total of 31 projects will be developed outside Special Economic Zones (SEZ), while 22 are within SEZs. This marks a si...

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Cambodia Boosts Agro-Industry with USD 342m Investment in 19 Large-Scale Rice & Grain Mills

Cambodia has significantly expanded its agro-industrial sector with the establishment of 19 large-scale rice and grain mills, backed by an investment of over USD 342 million, as announced by HE Hem Vanndy, Minister of Industry, Science, Technology, and Innovation. In addition, there are 19,570 small and medium-sized rice mills across the country, collectively representing an investment of more ...

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Japan Tops Asia’s Real Estate Transparency Rankings with Focus on Sustainability

Japan has been ranked as the most transparent real estate market in Asia, securing the 11th position globally in terms of sustainability and operational clarity, according to a report by Jones Lang LaSalle (JLL) published on 5 September 2024. This evaluation considers factors such as access to real estate market data, transparency of processes, and Japan's increasing focus on environmentally frien...

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Cambodia to Host Architecture Festival, Showcasing the Nation’s Contemporary Urban Evolution

The Ministry of Land Management, Urban Planning, and Construction is set to organise the Cambodian Architecture Festival, aiming to highlight the nation's transformation and contemporary urban development. Announced by His Excellency Deputy Prime Minister Say Sam Al, Minister of Land Management, Urban Planning, and Construction, during a meeting on 4 September 2024, the festival is expected to ...

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Two Key Cambodian Projects Funded by Japan Win International Awards in Japan

Two major infrastructure projects in Cambodia, funded by Japan, have been awarded at the prestigious 7th International Construction Awards in Japan. The Cambodia-Japan Friendship Bridge Rehabilitation Project and a cutting-edge DX technology infrastructure project were among the recipients of these international accolades. The awards were presented at a ceremony chaired by HE Saito Tetsuo, Japa...

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Cambodian Gov’t Breaks Ground on 3-Hectare Nursery in Tbong Khmum, Aiming to Plant 1 Million Trees Annually

The Ministry of Environment has launched the construction of a 3-hectare regional nursery in Tbong Khmum province, to produce over 1 million trees annually. Situated in Village 44, Preah Theat commune, Orang Ov district, the nursery will be powered by a solar irrigation system, supported by partnerships with the United Nations Development Program (UNDP) and Coca-Cola Cambodia. This project c...

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Cambodia to Plant 30k Palm Trees Along Vietnam Border, Following Nearly 20k Already Planted

The Ministry of Environment is set to plant an additional 30,000 palm seedlings along the Cambodia-Vietnam border after successfully planting nearly 20,000 trees. This strategic initiative aims to bolster Cambodia's national identity while delivering economic and environmental benefits. Minister of Environment, HE Dr Eang Sophalleth, confirmed that the trees would be distributed to local author...

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Three Key Rural Roads Near Completion in Kampong Cham & Tbong Khmum

Three rural roads spanning over 40 kilometres in Kampong Cham and Tbong Khmum provinces are nearing full completion, with construction progress close to 100% as of 4 September 2024. The Ministry of Rural Development has overseen this crucial infrastructure project, which aims to enhance regional connectivity and promote agricultural trade. The first road, measuring 17.55km, connects Kilo 10 vil...

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Techo International Airport to Undergo Five 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 test will ensure all installed devices, inc...

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Siem Reap-Angkor International Airport Received 900k Passengers, Expected to Hit 1.5 Million by Year-End

After nearly a year of operation, the Siem Reap-Angkor International Airport has welcomed approximately 900,000 passengers, with projections to reach 1.3 million by October and 1.5 million by the end of 2024. This milestone was announced during a working session between the Chairman of Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI), Lu Wei, and HE Chea Vuthy, Secretary Gene...

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Cambodia Secures USD 2m in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects

Cambodia has been granted a USD 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 awareness of ...

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