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ខ្មែរ 
Evercore Focuses on Clean Energy Investment in Cambodia
The Global investment banking firm Evercore is interested in investing in Cambodia's clean energy sector. During a meeting on 8 January 2025 between Prime Minister Hun Manet and Evercore Asia President Keith Magnus, the firm also expressed interest in the country's emerging sectors, including energy, health, and tourism. Magnus emphasized Evercore's operations and its intention to promote coope...
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Kampong Cham Province Achieved Significant Infrastructure Development in 2024
Kampong Cham province completed over 119 kilometers of road construction in 2024 in a remarkable stride towards improving its infrastructure. This achievement was announced by HE Un Chanda, Governor of Kampong Cham Province, during a press conference. During the year 2024 alone, the province welcomed 27 projects aimed at developing DBST (Dense Bituminous Surface Treatment) paved roads, contribu...
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ADATA Technology Eyes Electric Car Factory Investment in Cambodia
In a significant development for Cambodia's green industry, well-known Taiwanese tech company ADATA Technology Co., Ltd. is exploring opportunities to invest in an electric vehicle manufacturing plant in the country. During a meeting held on 2 January 2024, HE Dr Eang Sophalleth, the Minister of Environment, welcomed Mr. Simon Chen, CEO of ADATA Technology. The company showcased its commitment ...
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Surge in Visitor Traffic at Bavet International Border Crossing
In 2024, Bavet International Border Crossing welcomed over 1.5 million national and international travelers. Recent reports from Apsara newspaper highlight that in the first 12 months of 2024, the border crossing in Svay Rieng province admitted a remarkable total of 1,578,699 visitors hailing from 172 different countries. This marks an impressive increase of 187,687 visitors, or 16.06%, compared t...
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Cambodia Set to Make Waves in Cashew Production in 2024
In an exciting development for the agricultural sector, Cambodia produced an impressive 850,000 tons of cashew nuts in 2024, marking a remarkable 26% increase compared to last year. The news comes from the Cambodian Cashew Association, highlighting the nation's growing prominence in the global market. With exports projected to exceed USD 1.1 billion, the cashew industry is set to play a pivotal...
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Cambodia Adopts 36 New National Standards to Boost Investment and Local Industry
In a significant move to attract investment and enhance local industrial capabilities, Cambodia's National Standards Council has approved 36 new national standards following a comprehensive review of 41 proposals. Minister Hem Vandy announced the decision during the Council's 29th meeting on 26 December 2024 at the Ministry of Industry, Science, Technology, and Innovation. During the meeting, M...
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Major Progress Made on Flood Prevention in Western Phnom Penh
In a significant step towards mitigating flooding in western Phnom Penh, the ambitious drainage and drainage system restoration project has reached a milestone, now standing at 50.50% completion as of 5 January 2025. This essential infrastructure initiative, spearheaded by the General Department of Wastewater Treatment System under the Ministry of Public Works and Transport, aims to bolster the ci...
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National Road 7 Expansion Project Progresses, Reaches 28.76% Completion
In a significant step towards enhancing Cambodia's infrastructure, the ambitious project to restore and expand National Road No. 7 has reached an impressive 28.76% completion as of early January 2025. This major development was confirmed during a thorough inspection led by HE Lim Sidenin, Secretary of State of the Ministry of Public Works and Transport, along with the Technical Working Group and C...
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Cambodia’s Construction & Real Estate Loans Surge Past USD 20 Billion
In a striking development for Cambodia’s economy, construction and real estate loans have exceeded USD 20 billion, signaling a robust growth trajectory within these critical sectors. According to a recent report from the National Bank of Cambodia, banking and financial institutions have provided a staggering 81.748 billion riels, equivalent to approximately USD 20.1 billion in loans, reflecting a ...
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Kampot Tourism Port, in Collaboration with Virak Buntham, Launches High-Speed Boat Service in Cambodia
The Kampot International Tourist Port, operated by KITP Development Co., Ltd., a subsidiary of AZ Group, has partnered with Virak Buntham to offer high-speed boat services to neighboring countries. This partnership was formalized during a signing ceremony held on 6 January 2025. According to Virak Buntham, the collaboration aims to attract 500,000 national and international tourists in 2025 and...
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Progress Report: National Road No. 48 Restoration Nears Completion
The restoration and upgrade of National Road No. 48, stretching 148 kilometers from Sre Ambel to Koh Kong, has reached an impressive 78% completion as of the beginning of 2025, according to a statement from HE Phorn Rim, Spokesman of the Ministry of Public Works and Transport. The ambitious project, which commenced on January 3, 2022, aims to significantly enhance the road's quality, improving ...
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Phnom Penh Crowned Asia’s Most Affordable Destination for New Year’s 2025
As the world celebrates the dawn of 2025, travellers are flocking to Phnom Penh, named the most affordable global travel destination for the New Year in Asia, according to a recent ranking by digital travel website Agoda. This exciting news, highlighted by Radio National of Cambodia and reported by Yahoo Finance and Travel and Tour World, positions the vibrant capital of Cambodia as the perfect pl...
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