Indonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion
In a significant diplomatic engagement, HE Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on 6 March 2025. Ambassador Damosumato's remarks come on the heels of a n...
Read MoreSingapore’s AI-Driven Tuas Port: The World’s Largest Automated Trade Hub on the Horizon
Singapore is set to redefine global maritime trade with the development of Tuas Port, a fully automated, AI-powered logistics hub that will consolidate the city-state’s port operations into a single, record-breaking facility. The ambitious project is expected to boost Singapore’s cargo-handling capacity to an unparalleled 65 million twenty-foot equivalent units (TEUs) upon completion in the 2040s,...
Read MoreMekong River Bridge in Kratie Province Approaching Completion
The long-awaited Mekong River Bridge, stretching 1,761 metres, is on the verge of completion, now at 89.84%. Local authorities anticipate the temporary opening to the public in September 2025, marking a significant milestone in the region's infrastructure development. HE Lim Sidenin, Secretary of State and Project Director, provided insights during a recent progress review, emphasizing the proj...
Read MoreIn 2024, Cambodia Signed New Concessional Loans Totalling USD 1.7 Billion
To bolster its economic development, the Royal Government of Cambodia (RGC) secured new concessional loans totalling approximately USD 1,795.84 million from various development partners (DPs). This marks a 2% increase from the previous year's total. According to the latest Cambodia Public Debt Statistical Bulletin released today, the newly signed concessional loans represent 81 percent of the c...
Read MoreCambodia Strengthens Irrigation Systems to Boost Agricultural Productivity
In a recent press conference held on 2 March 2025, HE Tho Jetha, Minister of Water Resources and Meteorology, announced that Cambodia is home to an impressive 2,352 irrigation systems, which collectively have the capacity to irrigate nearly 2 million hectares of agricultural land across the nation. Highlighting the significance of water resources for the national economy and the livelihoods of ...
Read MoreStrengthening Economic Ties: Cambodia & India Boost Trade Relations
In a move to elevate bilateral trade relations, Cambodia and India have reported a significant increase in their trade volume, now exceeding USD 340 million. This announcement was made during separate discussions between Samdech Techo Hun Sen, the Acting Head of State of Cambodia, and HE Bawitlung Vanlalvawna, the Indian Ambassador to Cambodia, as well as with HE Anatoly Borovik, the Russian Ambas...
Read MoreCouncil for the Development of Cambodia Empowers Subnational Investment Committees
In a significant move to streamline investment processes, the Council for the Development of Cambodia (CDC) has announced the delegation of authority to capital and provincial investment subcommittees to register investment projects under the Cambodian Investment Project Management System (cdcIPM). This initiative is set to take effect in the third quarter of 2025. On 7 March, the CDC’s expert ...
Read MoreGov’t Introduces Measures to Enhance Water Management in Cambodia’s Agriculture Sector
In a concerted effort to tackle the pressing challenges in water resources management, the Economic and Financial Policy Committee of Cambodia convened on 5 March 2025. The committee unveiled a comprehensive plan comprising three key measures to improve water management within the country’s water and agriculture sectors. During the meeting, members deliberated on the critical issues surrounding...
Read More29 Community Water Stations Inaugurated in Banteay Meanchey Province
In a significant step towards improving access to clean water, 29 community water stations funded by World Vision Cambodia were officially inaugurated today. The ceremony was presided over by HE Chhay Rithsen, Minister of Rural Development, alongside other distinguished officials. HE Um Ratay, Governor of the Banteay Meanchey Provincial Governor’s Office, announced that these new water stations...
Read MoreCambodia Designates Lva Village in Battambang Province as Key Model Village
In a significant step toward rural development, the Cambodian government has designated Lva village in Battambang province as a key model village. This initiative aims to enhance local living standards and promote sustainable development in rural areas. On 3 March 2025, His Excellency Chhay Rithsen, Minister of Rural Development, led a delegation to inspect Lva village in Lva commune, Bavel dis...
Read MoreKorea-Backed USD 114 Million New Koh Kong Bridge Project Moves Forward with Feasibility Study
Five major Korean investment firms are currently conducting a feasibility study on the ambitious Koh Kong Bridge and National Road 48 upgrade project, which carries an estimated cost of USD 114 million. The project is expected to enhance connectivity between Khemarak Phoumin city and Cambodia’s western border, significantly improving transport infrastructure in the region. This development follows...
Read MoreBorey Peng Huoth Unveils Morakot Village: A New Era of Modern Living Begins in Phnom Penh
Borey Peng Huoth, a leader in residential development, is thrilled to announce the highly anticipated opening of its latest project, Morakot Village. Set to revolutionise the housing landscape in Phnom Penh, this new endeavour showcases innovative house styles, generously sized land options, and exclusive promotional prices. Strategically situated along the bustling 60-metre road, Mor...
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