Progress Accelerates on Cambodia-Korea Friendship Bridge Construction

The government is speeding up the construction of the Cambodia-Korea Friendship Bridge, with active site preparations underway. The Ministry of Public Works and Transport has directed technical teams from the Electricity of Cambodia and Yooshin Joint Venture to enhance their engineering and technical studies to prevent power outages during construction. On 25 February 2025, Undersecretary of...

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Cambodia to Expand Industrial & Economic Zones by 2024

As part of its ongoing economic development strategy, Cambodia is poised to have a total of 20 industrial parks by 2024, with operational factories situated across five capital cities and provinces. This expansion represents an increase of three industrial parks, or 17.65%, compared to the previous year, according to the 2024 Work Results Report and the 2025 Work Directions published by the Minist...

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Cambodia & India Collaborate to Establish Science Library in Battambang

In a ground-breaking initiative aimed at improving educational resources in Cambodia, a Memorandum of Understanding (MoU) has been signed between the Ministry of Industry, Science, Technology and Innovation of Cambodia and the Ministry of External Affairs of India. The agreement, finalised on 17 February 2025, will pave the way for the establishment of a state-of-the-art science library in Ratanak...

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KENPAX Announces Major Investment in Kampot Province with New Medical Equipment Factory

  In a significant boost for local employment, Chinese company KENPAX has revealed plans to establish a large medical equipment factory in the Kampot province, with construction set to commence in mid-March 2025. This initiative is projected to create approximately 3,000 jobs, offering a promising opportunity for residents. The announcement was made during a meeting on 21 February 2025 ...

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Progress on the National Road 48 Improvement Project

As of 25 February 2025, the restoration and upgrade of National Road 48, stretching 148 kilometres from Sre Ambel to Koh Kong, has reached an impressive completion rate of 88.45%. The project, which aims to enhance the road's quality to boost transportation, logistics, and tourism along this vital economic corridor, is on track for completion by the end of April 2025. During a recent progress r...

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Companies Raise USD 475 Million in Capital Markets, Promising Growth Ahead

As of February 2025, listed companies in Cambodia have successfully raised a total of USD 475 million from the capital market, according to HE Hong Sok Hour, CEO of the Cambodia Securities Exchange (CSX). During his address at the ACLEDA Bank subordinated bond listing ceremony on 24 February 24, HE Hong announced that CSX currently features 24 listed companies, comprising 11 equity securities a...

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Japan Boosts Phnom Penh’s Emergency Services with Over USD 200,000 in Grants

The Japanese government has announced a significant contribution of over USD 200,000 to support two critical projects aimed at enhancing emergency response capabilities in the Phnom Penh capital. The funding comes through a grant agreement for a small-scale human security project known as Kusanone. The financial assistance will be allocated to two key initiatives. The first, titled “Project to ...

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Cambodia Marks Significant Milestones in Landmine Clearance Efforts

On the occasion of the 26th National Mine Awareness Day, celebrated on 24 February 2025, Prime Minister Samdech Thip Dei Hun Manet highlighted the remarkable achievements in Cambodia's ongoing mine clearance campaign over the past 32 years. Since its inception in 1992, the initiative has successfully cleared nearly 3,300 square kilometres of land across 15 provinces, significantly enhancing safety...

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USAID’s Withdrawal Paves the Way for China’s Expanding Influence in Cambodia & ASEAN

The abrupt freezing of USAID funding under the Trump administration has halted vital infrastructure and development projects across Southeast Asia, leaving a geopolitical vacuum that China is poised to fill. With USAID’s cessation, critical services in Cambodia—including healthcare, education, and demining efforts—face significant disruption. The United States, which allocated nearly USD 68 billio...

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Government Allocates Over USD18 Million to Enhance the Health Sector in Cambodia

In a significant move to bolster the healthcare system, the Cambodian government has announced an allocation of more than USD 18 million in 2025 aimed at strengthening the health sector. This funding will primarily focus on enhancing the capacity of the Intensive Care Unit (ICU) at Level 2 District Referral Hospitals and supplying essential medical equipment. Prime Minister Hun Manet announced ...

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Chinese Firm ICAP Announces Major Investment Plans in Cambodia’s Electric Vehicle Sector

In a significant development for Cambodia's automotive industry, China's Infinite Capital Holding Company (ICAP) has unveiled ambitions to invest in the manufacture of electric vehicle components in the country. The announcement was made during a meeting on 17 February 2025 between Prime Minister Hun Manet and ICAP's Chairman and CEO, Zhang Chaomin. During this pivotal discussion, CEO Zhang out...

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A Bridge To The Future: How Digital Twins Helped Kentucky Recover From Catastrophic Floods

Tomas Kellner In July 2022, Ben Shinabery watched the news with growing unease as a deluge of rain—up to 16 inches in some areas—drenched eastern Kentucky and unleashed catastrophic flooding. Swollen creeks and rivers surged through narrow Appalachian valleys, sweeping away homes, ripping out roads, and knocking down bridges. But as the death toll mounted, eventually reaching over 40 liv...

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