Kratie Celebrates the Official Opening of its First USD 140 Million Tyre Factory

Cambodia's first-ever tyre factory, Newbustar (Cambodia) Tire Co., Ltd., with an investment of USD 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 for the region's industria...

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Cambodia Earns Over USD 31m from Angkor, Koh Ker, and Boat Rides in 8 Months

In the first eight months of 2024, Cambodia generated an impressive USD 31,049,140 from ticket sales to the Angkor Archaeological Park, Koh Ker, and boat rides, according to a report from the Angkor Institute released on 1 September 2024. During this period, 651,857 foreign tourists visited Angkor, contributing USD 30,334,229 to the total revenue, marking a significant 31.36% increase compared ...

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Stung Toch Drainage Rehabilitation Project in Kampong Speu Reaches 89% Completion

The rehabilitation of the Stung Toch drainage system in Kampong Speu province has achieved approximately 89% completion, as reported by the Ministry of Water Resources and Meteorology (MoWRM)  on 1 September 2024. This significant project includes rehabilitating a 51-kilometre-long small river, with a mouth width of 100 metres and a 40-metre-high dam. The river stretches 12.5 kilometres through...

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Cambodia Invests USD 200m to Complete 1,300-Km Border Road Construction

The Cambodian government has allocated USD 200 million to complete the construction of a 1,300-kilometre border road, connecting the nation to Thailand, Laos, and Vietnam. The announcement was made by PM Samdech Hun Manet during a graduation ceremony in Phnom Penh on 5 August 2024, where he confirmed that the final plan had been signed in July 2024. “This project is part of a broader initiat...

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Siem Reap Angkor Airport Investor Plans Major Investment in Renewable Energy Zone

Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI) has announced plans to invest in a special energy zone aimed at advancing Cambodia’s renewable energy sector. The project, in collaboration with Chinese firm Energy China YNPD, will include solar, wind, biomass, and power storage solutions. Mr. Wei Lu, Chairman of AIAI, discussed the initiative during a meeting with HE Chea Vut...

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Battambang Authorities to Improve Infrastructure with Accessible Sidewalks and Bicycle Lanes for Disabled Citizens

The Battambang Provincial Administration has embarked on an infrastructure enhancement initiative aimed at making the city more accessible for citizens and tourists, particularly for those with disabilities. The plan includes the development of pedestrian walkways for the disabled, dedicated bicycle lanes, and the installation of solar-powered lights in public parks. This move is designed to im...

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Move In Now: Borey Peng Huoth’s The Star Monireah Project Offers Ready Homes on NR 6A

Borey Peng Huoth’s prestigious The Star Monireah project, located along NR 6A, just 6km from Chroy Changva Bridge, is now offering fully completed modern twin villas, ready for move-in within just seven days. These luxurious homes provide an exceptional living experience, featuring 100% completion for immediate occupancy. The twin villas, designed to evoke the elegance of single villas, off...

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Banteay Meanchey’s Thriving Industrial Sector Employs Nearly 30,000 Workers in 2,000 Businesses

Banteay Meanchey province has established industrial parks, special economic zones, and handicraft businesses with a total number of 2,000 collectively creating employment for nearly 30,000 people. According to HE Oum Rath, Governor of Banteay Meanchey, during a statement on 20 August 2024, the province is home to five special economic zones, of which three are operational, along with one industri...

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Gov’t Reforms Angkor Ticket Sales & Inspection to Enhance Tourist Convenience

The Cambodian government has announced six key reforms to streamline the sale and inspection of Angkor tickets, aiming to improve the overall experience for tourists visiting the Angkor Archaeological Park. This initiative includes the introduction of automated ticket vending machines near the temples, simplifying procedures for both domestic and international visitors. The decision was reached...

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Cambodian Government Officially Establishes Techo International Airport as Civil Aviation Secretariat

The Cambodian Government has officially designated Techo International Airport as a key department under the General Department of Operations & Services within the Secretariat of State for Civil Aviation, solidifying its role in overseeing the country's aviation sector. This strategic decision was enacted through a sub-decree issued by Samdech Hun Manet on 28 August 2024, aimed at enhancing th...

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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 (CDC), and a H...

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ADB Allocates Over USD 93m to Enhance Rural Water Supply in Nine Cambodian Provinces

The Asian Development Bank (ADB) has approved a comprehensive funding package of USD 93.6 million in loans and grants to expand the rural water supply and sanitation (WASH) infrastructure across nine provinces in Cambodia, aiming to provide climate-resilient and safe water supply to rural communities. This significant development was announced on 02 September 2024. The initiative will directly ...

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