Cooperation and networking
France Invests US$600m in Cambodia’s Expanding Sectors
French investment in Cambodia has surged to a combined value of €560 million (approximately US$600 million), significantly impacting the construction, agro-industry, and services sectors, according to a report from the French Embassy to Cambodia on Friday. This announcement was made in conjunction with the signing of the second France Cambodia Business Forum, scheduled from 8 […]
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CAIC Secures 12-Year Deal with French Firm for Duty-Free Retail at Techo International Airport
CAIC has signed a 12-year contract with French company Lagardère Travel Retail SAS and local partner HSC Group to operate duty-free goods, essential travel equipment, and catering services at Techo International Airport. National Television of Cambodia reported this significant development on 26 June 2024. Séverine Lanthier, Executive Director for Asia and Strategy and Development Director […]
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Vietnamese Investments in Cambodia Reach Nearly US$3bn Across 200+ Projects
Vietnamese investors currently operate 208 projects in Cambodia, with a total registered capital of US$2.91 billion, according to a report from the Vietnamese Embassy. This positions Vietnam among the top 10 countries with the most investment projects in Cambodia. HE Nguyen Huy Taing, Ambassador of Vietnam to Cambodia, highlighted these figures during an interview with […]
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Island Hopping Adventure Awaits: New Maritime Route to Connect Thailand, Vietnam, and Cambodia
Thailand, Cambodia, and Vietnam are collaborating on a new maritime route to enhance tourism, trade, investment, and industrial activities along their coastal regions. The project, connecting Thailand’s Trat province, Cambodia’s Sihanoukville, and Vietnam’s Kien Giang, aims to foster economic growth and was announced during the “Cambodia-Vietnam-Thailand Economic Corridor (CVTEC) – Trat Business Roadshow 2024″ on […]
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World Bank Allocates US$145m to Enhance Cambodia’s Water Supply Infrastructure
The World Bank has committed US$145 million to Cambodia to support the enhancement of the country’s water supply infrastructure, a project that is expected to benefit over 113,000 people. Funded by the World Bank’s International Development Association (IDA), this initiative will be implemented over five years by the Ministry of Water Resources and the Ministry […]
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World Bank Approves US$275m Loan to Bolster Cambodia’s Economic Growth
The World Bank has approved a US$275 million loan package to support Cambodia’s long-term economic growth and resilience. The funding, sourced from the International Development Association (IDA), aims to drive reforms to enhance the competitiveness of the private sector and strengthen the country’s finances to assist the most vulnerable populations. This announcement was made by […]
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Thailand Declares No Charge for Vehicles Crossing Cambodia-Thailand Friendship Bridge
Thailand will maintain a no-charge policy for vehicles passing through the Cambodia-Thailand Friendship Bridge (Stung Bot-Bang Nang Ieng) at the request of the Cambodian government. This decision was confirmed during a bilateral meeting via video conference on 18 June 2024, attended by HE Peng Po, Minister of Public Works and Transport of Cambodia, and HE […]
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German Tech Giant BOSCH Announces Plans to Establish Factory in Cambodia
German technology giant BOSCH is set to explore the establishment of a factory in Cambodia, following a meeting between Deputy Prime Minister Sun Chanthol and Alexander Weichsel, Manager of BOSCH Commercial Plant, on 13 June 2024. HE Sun Chanthol highlighted Cambodia’s investment potential across various sectors including agriculture, agro-industry, automobiles, electronics, health, renewable energy, tourism, […]
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Spain Eyes Expansion in Cambodia’s Wind Power Sector
Spain’s Acciona Energía is set to boost its investment in Cambodia, enhancing its current wind power projects in the country. This announcement was made during a visit by a Cambodian delegation to Acciona Energía’s headquarters, led by Deputy Prime Minister Sun Chanthol, the first Vice President of the Council for the Development of Cambodia, on […]
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ADB Commits US$1.26bn to Support Cambodia’s Sustainable Development
The Asian Development Bank (ADB) has unveiled its latest country partnership strategy for Cambodia, committing approximately US$1.26 billion to support the nation’s sustainable development and economic growth. This announcement was made during the inauguration of ADB’s new office on 12 June 2024, presided over by Deputy Prime Minister and Minister of Economy and Finance HE […]
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