Strengthening Economic Ties Between Japan & Cambodia
In a significant development aimed at bolstering economic relations, Japan has proposed an initiative to enhance investment in Cambodia by fostering partnerships between small and medium-sized enterprises (SMEs) in both nations. This collaborative effort was the focal point of a meeting between HE Vongsey Vissoth, Deputy Prime Minister of Cambodia, and HE Takahashi Fumiaki, President of the Japan-...
Read MoreCambodia’s Star Casino Asset at Centre of Donaco’s USD 55.6 Million Takeover by On Nut Road
Donaco International’s flagship Cambodian asset, the Star Vegas casino and hotel complex in Poipet, is now at the heart of a USD 55.6 million acquisition deal by On Nut Road, a Hong Kong-based special purpose vehicle managed by Argyle Street Management. As part of the takeover, shareholders will receive USD 0.045 in cash per Donaco share, representing a 54.10% premium to the 90-day volume-weighted...
Read MoreBorder Ring Road Construction Progress Approaches 40% Milestone
The construction progress of the highly anticipated border ring road has reached nearly 40%, marking a significant step forward for the project. As of now, approximately 39.92% of the total construction plan has been completed, as reported in a press release today. The initiative, funded by the Border Infrastructure Fund (BIF), aims to enhance connectivity along the Cambodian border. ...
Read MoreJapanese Aquaculture Company Explores Collaboration Opportunities with Cambodia
In a significant development for the aquaculture sector, Regional Fish Institute, Ltd., a Japanese company renowned for its expertise in aquaculture, is actively seeking collaboration opportunities with relevant Cambodian institutions. This initiative was discussed during a meeting on 1 April 2025, between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for...
Read MoreCambodia Gov’t Sets Tour Packages for Khnang Phsa Mountain
The Cambodian government, through the Ministry of Tourism, is set to introduce special tour packages aimed at boosting tourism at Khnang Phsa Mountain. Minister of Tourism HE Huot Hak announced this initiative during a recent visit to the tourist area in Kampong Speu province. Khnang Phsa Mountain, known for its stunning natural landscapes, connects the provinces of Kampong Speu, Koh ...
Read MoreConstruction Progress of Phnom Penh’s Drainage System Nears Completion
The ambitious project to build a comprehensive drainage system in western Phnom Penh is now 88% complete, with final touches expected to be finalised by July 2025. During a recent review, Ms. Koy Sodany, Permanent Secretary of State at the Ministry of Public Works and Transport and the project leader, confirmed the significant progress. The initiative aims to construct modern drainage...
Read MoreConstruction on Dang Kambit Reservoir Dam in Kampong Thom Reaches 52.8%
The Dang Kambit Reservoir Dam in Sre Khsach village, Kampong Thom province, has reached a significant milestone, with 52.8% of construction completed. This progress was confirmed during a recent inspection led by HE Tho Jetha. Spanning a total length of 2,680 metres, the dam includes various elements: a 1,136-metre left earthen dam, a 306-metre spillway, a 50-metre concrete dam, and a...
Read MoreChinese Delegation from Shanxi Pledges Support for Investment in Cambodia
A Chinese investor delegation from Shanxi province has pledged to facilitate greater Chinese investment in Cambodia, aiming to enhance economic ties between the two nations. This commitment was made during a meeting on 26 March between HE Mr. Thabo Titchansopheak, Advisor to the Council for the Development of Cambodia, and Mr. Darren Teng, Chairman of the Board of Directors of Cambodia S...
Read MoreMinistry of Environment Launches National Road Clean-Up Campaign Across Cambodia
The Ministry of Environment has announced an extensive campaign aimed at cleaning up litter on 126 national roads across Cambodia. This initiative, named “National Roads Free of Garbage and Plastic Waste,” was officially launched by HE Eang Sophallet, Minister of Environment, as part of a broader effort to promote environmental responsibility among citizens. During the launch of the a...
Read MoreCambodia Secures USD 40 Million from Green Climate Fund for REDD+ Program
Cambodia has secured USD 40 million from the Green Climate Fund (GCF) to advance its national REDD+ program, aimed at reducing emissions from deforestation and forest degradation. Environment Minister HE Dr. Eang Sophallet made the announcement during a meeting with World Bank Representative Ms. Salimata D. Follea on 26 March 2025. Recognised as a global leader in REDD+ implementation, Cambo...
Read MoreChina Minsheng Stone Aims to Invest in Artificial Marble Processing in Cambodia
China Minsheng Stone Industry Group aims to invest in artificial marble processing in Cambodia. This significant development was discussed during a meeting between HE Chea Wutty, Secretary General of the Council for the Development of Cambodia, and Mr. Mai Jianglong, Vice President of China Minsheng Stone Industry Group. During the meeting, HE Chea Wutty warmly welcomed the company’s investment...
Read MoreGovernment Announces Plans for Modern Logistics Centre in Sihanoukville
The Cambodian government has officially unveiled its ambitious plans to establish a state-of-the-art logistics centre as part of the Sihanoukville Logistics Centre Development Project. This initiative aims to integrate logistics services for both domestic and international loading and unloading of goods and containers. During a recent meeting with a delegation from the International Finance Cor...
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