Cooperation and networking
Two Key Cambodian Projects Funded by Japan Win International Awards in Japan
Two major infrastructure projects in Cambodia, funded by Japan, have been awarded at the prestigious 7th International Construction Awards in Japan. The Cambodia-Japan Friendship Bridge Rehabilitation Project and a cutting-edge DX technology infrastructure project were among the recipients of these international accolades. The awards were presented at a ceremony chaired by HE Saito Tetsuo, Japan’s […]
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Cambodia Secures USD 2m in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects
Cambodia has been granted a USD 2 million special fund from the 2024 Mekong-Lanchang Cooperation (MLC) to support the development of eight strategic projects, according to a press release issued by the Ministry of Foreign Affairs and International Cooperation on 3 September 2024. These projects span critical sectors such as tourism, demining, agriculture, rural development, […]
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Siem Reap Angkor Airport Investor Plans Major Investment in Renewable Energy Zone
Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI) has announced plans to invest in a special energy zone aimed at advancing Cambodia’s renewable energy sector. The project, in collaboration with Chinese firm Energy China YNPD, will include solar, wind, biomass, and power storage solutions. Mr. Wei Lu, Chairman of AIAI, discussed the initiative during a […]
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Hong Kong’s Fung Group Eyes Expansion in Cambodia’s Textile Industry, Exploring New Investment in SEZs
Fung Group, a prominent Hong Kong-based conglomerate, has expressed interest in expanding its investments into Cambodia’s textile and garment sectors, particularly within the country’s Special Economic Zones (SEZs). This intent was shared during a working meeting between HE Sun Chanthol, First Deputy Prime Minister and Vice President of the Council for the Development of Cambodia […]
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ADB Allocates Over USD 93m to Enhance Rural Water Supply in Nine Cambodian Provinces
The Asian Development Bank (ADB) has approved a comprehensive funding package of USD 93.6 million in loans and grants to expand the rural water supply and sanitation (WASH) infrastructure across nine provinces in Cambodia, aiming to provide climate-resilient and safe water supply to rural communities. This significant development was announced on 02 September 2024. The […]
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Construction of the Cambodia-Korea Friendship Bridge to Begin in Early 2025
The highly anticipated Cambodia-Korea Friendship Bridge, which will connect Phnom Penh’s Chroy Changvar area to the Areyaksat night market in Kandal province, is set to break ground in 2025. According to HE Phan Rim, spokesperson for the Ministry of Public Works and Transport, the ministry has approved the final report on the project, marking a […]
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Chinese Association Proposes New SEZ on 32 Hectares in Takeo Province
The Chaosan Chinese Business Association has proposed the establishment of a new Special Economic Zone (SEZ) on a 32-hectare site in Bati district, Takeo province, with the primary objective of creating job opportunities for the local population. This initiative was discussed during a meeting between HE Vy Samnang, the Governor of Takeo Province, and Mr. […]
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Singapore Invests USD 400m in Cambodia Over Five Years
Over the past five years, Singapore has emerged as one of the top 10 sources of foreign direct investment (FDI) in Cambodia, with a total investment of USD 400 million, according to the Council for the Development of Cambodia (CDC). This significant influx of capital was highlighted at the Singapore Business Fair 2024, underscoring Singapore’s […]
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Cambodia-Vietnam Trade Volume Surges to US$4.6bn in First Seven Months of 2024
In a significant boost to bilateral trade, Cambodia and Vietnam recorded a trade volume of US$4.6 billion between January and July 2024, reflecting a 23.5% increase compared to the same period last year. This data was revealed by the General Department of Customs and Excise of Cambodia on 16 August 2024. Cambodia’s exports to Vietnam […]
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Chery Holding Group Eyes Investment in Cambodia’s Automobile & Auto Parts Industry
Chery Holding Group, a leading Chinese conglomerate, has expressed a strong interest in investing in Cambodia’s burgeoning automobile and auto parts industry, with ambitions to serve domestic, regional, and international markets. This potential investment was highlighted during a meeting between Xu Hui, Deputy General Manager of Chery Holding Group Co., Ltd, and Cambodian Prime Minister […]
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