2024 Sees a Surge in Cambodia’s Air Freight as Volume Jumps 40% with Nearly 80,000 Tons Transported
In 2024, Cambodia’s air transport sector made significant strides successfully transporting 77,852 tons of goods marking a remarkable 40% increase compared to the same period in 2023. This achievement was highlighted in a report presented by Prime Minister Hun Manet on 5 March 2025. Air transport has emerged as a crucial strategic factor in Cambodia’s socio-economic development, enhancing trave...
Read MoreNBC Reports that Cambodia’s Home Loans with Banks Reach USD 6.78 Billion by 2024
In a recent report, the National Bank of Cambodia announced that as of 2024, the country had seen a significant surge in home loans, totalling over USD 6.78 billion, marking a 12.5% increase. This figure represents 12.5% of the total loan volume in Cambodia, which stands at USD 54.3 billion. The report highlights that loans related to real estate trading accounted for 11.6% of this total, equat...
Read MoreTwo Foreign Companies Partner to Launch Waste Recycling Park in Phnom Penh
In a significant move towards sustainable urban waste management, Vinci Construction and Sage Engineering have announced a collaborative project to establish a cutting-edge "Waste Recycling Park" in Phnom Penh. This initiative aims to harness advanced technologies for treating urban solid waste and generating clean energy, ultimately enhancing the quality of life for city residents. D...
Read MoreJapan Invests Over USD 240,000 in Cambodia’s Clean Water Initiative
In a significant step towards enhancing access to clean water in Cambodia, the Japanese government has allocated over USD 240,000 for the development of a water supply system in Kampong Khleang commune, located in Siem Reap province. This funding is part of the Kusanone Grant Agreement, aimed at supporting Small-Scale Human Security Projects. The Cambodia Rural Water Association will utilise th...
Read MoreStung Treng Authorities Take Strong Action Against Illegal Land Occupation
In a decisive move to protect state forest land and uphold environmental laws, the Stung Treng provincial authorities have officially announced the reclamation of nearly 120 hectares of land from illegal occupation. This action follows the recent issuance of Order No. 008/25 D.K., dated 19 February 2025. The order details the reclamation of 119.24 hectares in the Vern Sai-Siem Pang National Par...
Read MoreChinese Investors Propose Agro-Industrial Park to Boost Cambodia’s Agricultural Sector
In an exciting development for Cambodia's agricultural sector, a group of 50 Chinese investors has unveiled plans to establish a cutting-edge agro-industrial park dedicated to processing the nation’s bountiful agricultural products. This ambitious proposal, aimed at transforming Cambodia into a key player in the agricultural trade arena, was revealed during a high-level meeting on 5 Marc...
Read More40 Japanese Companies Explore Investment Opportunities in Cambodia’s Transportation Sector
In a significant initiative to strengthen the relationship between Japan and Cambodia, a Japanese business delegation, comprising 40 companies, met with key Cambodian leaders, including HE Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), as well as representatives from the Ministry of Public Works and Transport. The discussions cente...
Read MoreCambodia to Construct New Kok Thlak Stadium in Kandal Province
The Football Federation of Cambodia (FFC) has announced an ambitious plan to construct a new stadium, the Kok Thlak Stadium, along with its headquarters in Kandal province. The project, which has an estimated cost of USD 4.4 million, underscores the federation's commitment to enhancing the country's football infrastructure. In a press release dated 2 March 2025, the FFC confirmed that...
Read MoreJapan Enhances Cambodia’s Development with Significant Aid Package
In a remarkable commitment to bolster socio-economic progress in Cambodia, the Japanese government has announced a generous grant of 404 million yen, which is approximately USD 2.9 million. This funding aims to support a range of important development projects that will positively impact communities throughout Cambodia. The official signing ceremony took place on 27 February 2025, with HE Deput...
Read MoreCambodia & Vietnam Set Ambitious Trade Target of USD 20 Billion
In a significant commitment to enhance economic collaboration, Cambodia and Vietnam have pledged to elevate their bilateral trade to USD 20 billion in the coming years. This agreement was reached during a meeting on 20 February 2025, between Samdech Khuon Sudary, President of the National Assembly of Cambodia, and HE Nguyen Minh Vu, Ambassador Extraordinary and Plenipotentiary of Vietnam...
Read MoreK-Water Eyes Investment in Cambodia’s Water Resource Management
The Korean Water Corporation (K-water) is actively pursuing investment opportunities in Cambodia's water resource management sector. During a recent meeting with Prime Minister Hun Manet, K-water CEO HE Yun Seogdae emphasized the company's commitment to collaborating with Cambodian ministries and institutions. The meeting highlighted the need for cooperation to strengthen Cambodia’s w...
Read MoreJapan Boosts Cambodia Education & Healthcare with New Grant Aid
In a significant commitment to support Cambodia's development, the Japanese government has announced a grant aid of over USD 720,000 to enhance early childhood education and improve medical services in the country. The announcement was made during a signing ceremony with a Japanese NGO in Cambodia, attended by key officials, including HE Ueno Atsushi, Japan's Ambassador to Cambodia. T...
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