Cooperation and networking
SCA Secures Operator Rights at Techo Airport, Expanding Presence Across Cambodia
SOCIETE CONSERVER DERAORORPORT (SCA) has extended its operational reach in Cambodia by acquiring operator rights at Techo International Airport, alongside its existing operations at Phnom Penh National Airport. This significant development was reported by the National Television of Cambodia, highlighting SCA’s growing influence in the country’s aviation sector. The Secretariat of State for Civil Aviation […]
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More than 20 Thai Firms Explores Investment Opportunities in Kratie Province
More than 20 Thai companies, led by the Thai Embassy in Cambodia, are actively seeking business and investment prospects in Kratie province. This initiative aims to bolster trade volumes and foster economic collaboration between Cambodia and Thailand, particularly within the new economic zone linking both nations. The visit, headed by HE Chheut Kiet, Ambassador of […]
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17 Chinese Firms Seek Clarity on Investment Policies from Cambodian Prime Minister
Mr. Shen Mingrong, Chairman of Zhenjiang Zhoung Chao New Material Co., Ltd., alongside representatives from 17 Chinese industrial enterprises, expressed keen interest in expanding their investments in Cambodia. They sought clarity on three key policies from PM Hun Manet, according to result of the pivotal meeting between the two parties held on 27 March 2024. […]
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UNIDO Partners with Cambodia to Pave the Way for Green Industrial Parks
The Ministry of Industry, Science, Technology & Innovation (MISTI) of Cambodia has joined hands with the United Nations Industrial Development Organisation (UNIDO) to spearhead the development of eco-industrial parks (EIPs) in the country, fostering a sustainable approach to industrial growth. In an official meeting held on 26 March, HE Hem Vanndy, Minister of MISTI, along […]
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Cambodia’s Exports to Korea Skyrocket, Surging 2048% in 2023
In a remarkable surge, Cambodia’s exports to the Republic of Korea soared to US$26.21 million in 2023, marking a staggering increase of 2048% compared to the previous year’s US$1.22 million. This substantial growth underscores the robust trade relationship between the two nations, facilitated by the CKFTA agreement. The data, disclosed by the spokesperson of the […]
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Cambodia and Laos Discuss Plans for Border Crossing Bridge
Cambodian government and the Government of Laos PDR are in talks regarding the construction of a border crossing bridge, enhancing bilateral cooperation between the two nations. PM Samdech Hun Manet of Cambodia and PM HE Sonexay Siphandone of Laos PDR deliberated on this significant project during their meeting in Vientiane on March 25. The proposed […]
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Thirteen Korean Companies Eye Increased Investment in Cambodia
Thirteen prominent Korean companies, led by Mr Hacheong Yun, Director General of the Korea Trade and Investment Promotion Agency (KOTRA Phnom Penh), have expressed keen interest in expanding their investment footprint in Cambodia. The delegation met with Deputy PM Sun Chanthol to explore lucrative investment opportunities, capitalising on Cambodia’s promising economic landscape. During the meeting, […]
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World Bank Allocates US$35 Million for Climate-Resilient Road Project in Cambodia
The World Bank has greenlit an additional US$35 million credit to fortify road infrastructure against climate change impacts in three Cambodian provinces, as announced in a recent press release. This allocation, approved by the World Bank’s Board of Executive Directors on 15 March, supplements the ongoing Cambodia Road Connectivity Improvement Project (RCIP), aimed at enhancing […]
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Cambodia Secures US$1.81bn in Concessional Loans for Public Investment Projects in 2023
In 2023, the Cambodian government inked substantial concessional loan agreements with development partners, amounting to a noteworthy US$1.81 billion. This figure represents 79% of the legal ceiling permitted by law (SDR 1,700 million), as revealed in the Cambodian Public Debt Statistics Bulletin released by the Ministry of Economy and Finance. The newly signed concessional loan […]
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Cambodia Secures EU Grant Aid Worth Nearly US$86m to Boost Key Sectors
Cambodia and the European Union (EU) have formalised a grant aid agreement amounting to almost US$85.6 million, aimed at bolstering pivotal sectors crucial for sustainable development. The signing ceremony, presided over by HE Dr Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, alongside representatives from the European Union Member States, marks a […]
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