Cooperation and networking
IKEA Explores Expansion into the Cambodian Market
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, the Secretary-General outlined Cambodia’s att...
Read MoreEnerCam Receives Permit for Oil & Gas Exploration in Cambodia
EnerCam Resources Co. Ltd., a subsidiary of Angkor Resources Corp. (ARC), has received formal approval to proceed with its oil and gas exploration project in Block VIII, located onshore in southwestern Cambodia. The permit, issued on 9 March 2025, marks a significant milestone in Cambodia's energy sector. With this approval, EnerCam is set to begin exploration activities aimed at confirming the...
Read MoreOmani Delegation Explores Investment Opportunities in Cambodia
An Omani delegation is seeking investment partners in Cambodia to strengthen economic ties between the two nations. During a meeting on 18 March 2025, HE Sar Shinira, Deputy Secretary General of the Investment Committee of Cambodia, met with Mr. Nguyen Xuan Giao, Executive Director of the Vietnam-Oman Investment Agency. Mr. Giao highlighted the agency's focus on investing in Southeast Asia, par...
Read MoreTotalEnergies Commits to Renewable Energy Investment through Cambodia’s REDD+ Initiative
In a significant move towards sustainable development, TotalEnergies has announced its plans to invest in renewable energy initiatives aligned with Cambodia’s REDD+ project. This commitment was confirmed during a meeting between HE Dr Eang Sophallet, Minister of Environment, and Ms. Dinah Kumar, Managing Director of TotalEnergies. During their discussion, Minister Sophallet underscored the vita...
Read MoreEurope Commits Over USD 86 Million to Modernize Cambodian Agriculture
The European Union has announced a significant investment of nearly €80 million (approximately USD 86 million) to transform Cambodia’s agriculture sector and enhance farmers' access to local and global markets. The agreement was formalised today in Phnom Penh by HE Professor Aun Pornmonirath, Deputy Prime Minister and Minister of Economy and Finance, and Ms Nicola Beer, Vice President of the Eu...
Read MoreCambodia & Finland Join Forces to Enhance Environmental Protection and Waste Management
In a significant step towards environmental sustainability, Cambodia and Finland have formalised their partnership to bolster hazardous waste management, particularly focusing on recycling lead-acid batteries. This strategic collaboration aims to pave the way toward carbon neutrality, a shared goal for both nations. During a pivotal meeting today, HE Dr. Eang Sophallet, Cambodia's Minister of E...
Read MoreChinese Investors Eye Expansion in Cambodia: 19 Companies Explore Opportunities
In a significant development for Cambodia's investment landscape, a delegation comprising representatives from 19 Chinese companies convened with officials from the Council for the Development of Cambodia (CDC) to discuss potential investment opportunities. The meeting took place on 11 March 2025, and was led by Mr. Liu Yong, President of the Young Investors Association in Yinan Province...
Read MoreEU Delegation Explores Investment Opportunities in Sihanoukville
A European Union delegation comprising representatives from 12 member states met with local authorities in Sihanoukville to explore potential investment avenues in the region, as it seeks to enhance economic ties and contribute to key sectors. The meeting featured HE Long Dimanche, Deputy Governor of Sihanoukville Province, who welcomed the delegation led by Mr. Andreas Berg, Deputy H...
Read MoreCambodia, Japan & UNDP Join Forces to Eliminate Plastic Waste for a Greener Future in Cities
In a spirit of environmental sustainability, the Government of Cambodia has formed a powerful partnership with Japan and the United Nations Development Programme (UNDP) to combat the urgent problem of plastic waste in urban areas, which is rapidly growing each year. This collaboration, officially titled “Strengthening Capacity to Handle Plastic Waste in Cities,” was signed on 27 February 2025. ...
Read MoreJapan Invests Over USD 240,000 in Cambodia’s Clean Water Initiative
In a significant step towards enhancing access to clean water in Cambodia, the Japanese government has allocated over USD 240,000 for the development of a water supply system in Kampong Khleang commune, located in Siem Reap province. This funding is part of the Kusanone Grant Agreement, aimed at supporting Small-Scale Human Security Projects. The Cambodia Rural Water Association will utilise th...
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