Cambodia & Korea Strengthen Trade Ties with US$751m Volume & New Six MoUs
Cambodia and South Korea reaffirmed their strong trade partnership with a bilateral trade volume reaching US$751 million in 2023 and the signing of six Memoranda of Understanding (MoUs) on 16 May 2024. The MoU signing ceremony, presided over by Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol in Seoul, signifies a commitment to further collaboration across various sector...
Read MoreKampot Unveils Plans to Enchant Tourists with Floating Market & Beach Developments
In a bid to solidify Kampot's position as a premier tourist destination, provincial authorities have unveiled a series of captivating projects, including a floating market and pristine beach developments, according to the Ministry of Information on 17 May 2024. These initiatives aim to broaden Kampot's tourism offerings, catering to both domestic and international visitors. Inspired by the well...
Read MoreBorey Peng Huoth’s Star Diamond Project Shines with Top-Selling Homes
The Star Diamond Project, a sprawling development by Borey Peng Huoth situated along Samdech Techo Hun Sen Blvd (60m), is capturing the attention of prospective residents with its diverse housing options including business houses, hybrid villas, twin villas, and single villas.With a focus on convenience and modern living, three house types have emerged as best-sellers, boasting near-complete const...
Read MoreCambodia, Korea signed an MOU to do a feasibility study on the establishment of the SEZ in Cambodia
Cambodia and Korea have signed a Memorandum of Understanding (MoU) to study the possibility of establishing a Cambodia-Korea Special Economic Zone in a specific sector aimed at attracting more Korean investors to Cambodia. The Memorandum of Understanding on Investment Cooperation was signed by the Council for the Development of Cambodia and the Ministry of Commerce, Industry and Energy of the R...
Read MoreCambodia Revamps Tuol Sleng Museum Area as National Preservation Model
In a significant move to enhance Cambodia's historical preservation efforts, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) has embarked on a project to redesignate the buildings surrounding the Tuol Sleng Genocide Museum, according to a meeting chaired by HE Say Sam Al, Deputy Prime Minister and Minister of Land Management, on 15 May 2024. This project aims to establ...
Read MoreKampong Speu Irrigation Projects Nearing Completion: Roleang Chrey Canal at 60%, Tasal Reservoir at 90%
Significant progress has been made on critical irrigation projects in Kampong Speu province, according to an inspection visit by HE Bun Hean, Secretary of State and Chairman of the Project Inspection Unit of the Ministry of Water Resources and Meteorology, on 15 May 2024. The rehabilitation of the Tasal Reservoir and the North Roleang Chrey Canal irrigation system is nearing completion, with wo...
Read MoreCDC Encourages Chinese Firms to Invest in Domestic Raw Material Production, Aiming to Boost Self-Sufficiency in Cambodia
In a bid to reduce reliance on imports, Cambodia's Council for the Development of Cambodia (CDC) is actively courting Chinese investment in domestic raw material production, according to a meeting held on 15 May 2024. Secretary General of the Board of Investment of Cambodia, HE Chea Vuthy, met with a delegation from China's Zhejiang Construction Investment Group Co., Ltd., led by the Chairman o...
Read MoreCambodia Gears Up for a Greener Future with Smart Climate Tech Supported by GGGI
In a significant step towards sustainable development, Cambodia's Ministry of Public Works and Transport (MPWT) and the Global Green Growth Institute (GGGI) signed a Memorandum of Understanding (MoU) to collaborate on utilising smart climate technology for wastewater management and green transportation initiatives, according to the signing ceremony between HE Peng Po, Minister of Public Works and ...
Read MoreAustralia Pours US$6.6m into Cambodia’s Water Development Fund
In a significant move to bolster Cambodia's water infrastructure and management capabilities, Australia has pledged AUD10 million (US$6.6 million) to establish a dedicated water development fund, according to a meeting held on 13 May 2024 between HE Hem Vandy, Cambodia's Minister of Industry, Science, Technology and Innovation, and HE Pablo Kang, Chargé d'Affaires of the Australian Embassy. Bey...
Read MoreExperts from Well-known Chinese University to Boost Cambodia Rice-Fish Farming
Aiming to bolster rice-fish and rice-shrimp farming in Cambodia, a research team from Shanghai Ocean University concluded an investigative and training visit to the country, contributing to the development of the Fish and Rice Corridor between China and Cambodia, as reported by China Daily on 13 May 2024. "Cambodia boasts a rice cultivation area of 3.3 million hectares. However, the area used f...
Read MoreCambodia Partners with Global Institutions to Pioneer Energy-Efficient Building Designs
In a bid to reduce GHG and combat global warming, Cambodia is collaborating with international experts to develop building strategies that minimize the use of air conditioning systems. This initiative, reported by Radio National of Cambodia on 14 May 2024, involves key ministries and institutions in Cambodia working closely with international organisations. The Ministry of Environment, in partn...
Read MoreKorean Firm to Transform Waste into 24 Megawatts of Electricity Daily in Cambodia
Korean company Hyuckjin Energy Plant Engineering plans to deploy its cutting-edge technology to convert waste into electricity in Cambodia, aiming to generate at least 24 megawatts of power daily from 100 tons of waste. This initiative was discussed during a meeting between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), and a d...
Read More
