Cooperation and networking
Australia’s Plus94 Fund Explores Investment in Business Support Centre in Cambodia
In a move indicative of expanding global business interests, Australia’s Plus94 Fund is contemplating an investment in a business operations support centre within Cambodia. The revelation surfaced during a high-profile meeting between Samdech Hun Manet, Cambodia’s Prime Minister, and Mr. Arj Samarakoon, the Executive Director and Founder of Plus94 Fund. This discussion transpired on the […]
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Cambodia-US Trade Volume Surges to US$626m, Nearly 8% Increase, in January 2024
In a significant leap forward for bilateral trade relations, Cambodia and the United States witnessed a 7.74% increase in their trade volume, reaching an impressive US$626 million in January 2024, up from US$581 million in the same month the previous year. This notable growth was highlighted by HE Buon Sarak Mony, Secretary of State of […]
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Gov’t Greenlights Three Major Malaysian Projects to Establish High-Tech Economic Zone & Halal Industries in Cambodia
The Cambodian government has given the nod to three significant projects proposed by the National Chamber of Commerce and Industry (NCCIM) in Malaysia. These ventures encompass the establishment of a high-tech economic zone, a technology development initiative, and an ecological project for the halal food industry in Cambodia. The approval was conveyed during the Cambodia-Malaysia […]
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Cambodia & South Korea Join Forces in a Three-Year Endeavor to Preserve & Restore Angkor Wat
The Cambodian government and the Republic of Korea have formally entered into a Memorandum of Understanding (MoU) dedicated to the conservation and restoration of Angkor Wat over the next three years. This significant pact was officially inked on 19 February 2024, in a collaborative effort between the Cultural Heritage Administration of the Republic of Korea […]
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India Eyes Technological Investment with Proposed Cambodia-India Special Economic Zone
India has signaled its interest in establishing a Cambodia-India Special Economic Zone, concentrating on fundamental technology investment projects. This strategic move comes in the wake of active involvement from Japan and the United Kingdom, both actively engaged in establishing their economic footprints in Cambodia. During a courtesy call and discussions held on 21 February 2024, […]
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Thai Investors to Explore US$1bn Investment Prospects in Cambodia in March
In a strategic move set for early March, Thai investors are poised to delve into the examination of three prominent projects in Cambodia, collectively valued at approximately US$1 billion. The Council for the Development of Cambodia (CDC) disclosed this pivotal development on 17 February 2024. The anticipation builds upon the Economic Diplomacy Forum on Cambodia, […]
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Canada Elevates Bilateral Ties with Cambodia Through Inauguration of Consulate in Siem Reap
Canada has taken a significant stride in enhancing collaboration with Cambodia with the official opening of a new consulate in Siem Reap, as announced by the Siem Reap Provincial Administration on 13 February 2024. In a ceremony presided over by Mr. Pin Prak, Deputy Governor, and attended by Ms. Ping Kithikone, Ambassador of Canada to […]
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UK Proposes Collaborative Effort with Cambodia to Establish Green Economic Zone
The United Kingdom has expressed its interest in collaborating with Cambodia to initiate a transformative project – the creation of a “Green Special Economic Zone.” The proposal aims to make a significant contribution to global environmental conservation. This proposition surfaced during a productive working meeting between HE Sun Chanthol, First Deputy Prime Minister and First […]
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Japan Extends Lifeline to Cambodia’s Health Sector with Nearly US$200k Investment in Two Provinces
In a significant step towards bolstering Cambodia’s healthcare infrastructure, Japan has committed a generous sum of US$198,785 for two pivotal projects in Siem Reap and Preah Vihear provinces. The announcement was made during the signing ceremony of the KUSANONE grant project at the Embassy of Japan on 8 February 2024. The allocated funds comprise a […]
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ADB Grants Cambodia US$40m to Build National School of Local Administration in Prek Pnov
The Asian Development Bank (ADB) has committed a US$40 million loan to fund the construction of the National School of Local Administration in Prek Pnov. The groundbreaking ceremony, presided over by HE Dr Sar Sokha, Deputy Prime Minister, and Minister of Interior on 19 January 2024, marked the initiation of a transformative project set to […]
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