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ខ្មែរ 
Thai Investors to Explore US$1bn Investment Prospects in Cambodia in March
In a strategic move set for early March, Thai investors are poised to delve into the examination of three prominent projects in Cambodia, collectively valued at approximately US$1 billion. The Council for the Development of Cambodia (CDC) disclosed this pivotal development on 17 February 2024. The anticipation builds upon the Economic Diplomacy Forum on Cambodia, conducted under the new initiat...
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Over 80% Completion Milestone Achieved in Stung Prek Tnaot Rehabilitation Project
In a significant stride towards enhanced water resource management, the Stung Prek Tnaot Rehabilitation Project has successfully reached an impressive completion rate of 80.6%, as announced by the Ministry of Water Resources and Meteorology on its official Facebook page on 17 February 2024. Initiated to revitalise Stung Prek Tnaot in the lower region extending from the east of National Road 3, ...
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Grand Groundbreaking Ceremony for US$60m Bassac River Bridge Marks a Historic Milestone
The grand groundbreaking ceremony for the US$60 million bridge project spanning the Bassac River took place on 19 February. The visionary construction will link Chak Angre Krom in the Meanchey district on the west bank to Prek Pra in the Chbar Ampov district on the east bank, fostering connectivity and development. Presided over by Samdech Hun Manet, the Prime Minister of Cambodia, the event al...
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Westports Holdings Explores External Investors for US$8.3bn Expansion Amidst Southeast Asia’s Port Race
Westports Holdings Bhd., Malaysia's largest port operator, is contemplating the inclusion of external strategic investors to facilitate the funding of its ambitious 39.6 billion ringgit (US$8.3 billion) expansion. The plan involves nearly doubling the port's capacity over the coming decades, positioning it as a key player in the competitive Southeast Asian port landscape, according to Bloomberg on...
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Banyan Group Unveils Ambitious US$2bn Luxury Residential Project in Phuket Amid Real Estate Resurgence
In a strategic move to capitalize on the resurging demand in the post-COVID-19 real estate landscape, Singapore-based Banyan Group has declared plans to construct the largest luxury residential venture on the pristine shores of Phuket, Thailand. As reported by Asia Nikkei on 1 February 2024, the US$2 billion Laguna Lakelands project is poised to set new benchmarks in opulent living, according to A...
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State-of-the-Art US$3m Maternity Ward Unveiled at Kantha Bopha Hospital in Siem Reap
The grand inauguration of the new maternity ward at the 7th Jayavarman Hospital in Siem Reap, known as Kantha Bopha III Hospital, took place on 14 February 2024. Valued at a staggering US$3 million, the cutting-edge facility aims to elevate maternal and infant healthcare standards in the province. HE Professor Chheang Ra, Minister of Health and Vice Chairman of the Board of Directors of Kantha ...
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Vietnam Initiates Trade Boost with Reduced Tariffs on Select Cambodian Goods
In a bid to fortify economic ties, Vietnam has introduced preferential import tariffs for specific Cambodian goods, aiming to catalyze trade between the two neighboring nations. The recent issuance of Decree 5/2024/ND-CP by the Vietnamese Government outlines conditions under which lower import tariffs will be applicable for Cambodian imports. The move is expected to stimulate commerce, building up...
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Vaiko Irrigation Canal Project Nears Completion with 80% Milestone in Svay Rieng Province
The Vaiko Irrigation Canal Phase 2 (Kampong Chrey Reservoir) Project in Svay Rieng province has reached an impressive 80% completion. This milestone was confirmed by HE Ton Vanthara, Secretary of State of the Ministry of Water Resources and Meteorology, during an inspection on 5 February 2024. The comprehensive project encompasses the construction of a canal for water release, dams, and the dev...
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Expanding Coastal Charm: Kampot Plans Two New Beaches Following ASEAN Clean Tourism City Award
In the wake of clinching the prestigious 4th ASEAN Clean Tourism City Award in 2024, the Kampot provincial administration is unveiling ambitious plans for further development. According to the Kampot Provincial Information Department on February 15, 2024, the provincial authorities aim to create two additional beaches, marking a significant step in enhancing the region's tourist appeal. During ...
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Enhancing Connectivity: Stung Treng City Linked to Sesan District with 7 New Bridges
In a significant stride towards improved infrastructure, seven new concrete bridges linking Stung Treng city to Sesan district town have been officially inaugurated. The inauguration ceremony for the DBST rubber road and concrete bridge in Sesan district, Stung Treng province, took place on 14 February 2024. The completion of these bridges marks a substantial milestone in enhancing transportati...
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Canada Elevates Bilateral Ties with Cambodia Through Inauguration of Consulate in Siem Reap
Canada has taken a significant stride in enhancing collaboration with Cambodia with the official opening of a new consulate in Siem Reap, as announced by the Siem Reap Provincial Administration on 13 February 2024. In a ceremony presided over by Mr. Pin Prak, Deputy Governor, and attended by Ms. Ping Kithikone, Ambassador of Canada to the Kingdom of Cambodia, among other dignitaries, the consul...
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University of Digital Economics, Veal Sbov Branch, Valued at Over US$6 Million, Officially Unveiled by PM Hun Manet
The University of Digital Economics and Technology, worth more than US$6 million, built on 6 hectares of land in Veal Sbov Village, Sangkat Veal Sbov, Khan Chbar Ampov, Phnom Penh, has been officially inaugurated. The grand inauguration of the University of Digital Economics and Technology's new branch, an investment exceeding US$6 million, situated on a sprawling 6-hectare campus in Veal Sbov ...
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