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ខ្មែរ Cooperation and networking
Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector
- 20 November 2024
Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee Changkeun from Chung-Ang Universit...
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ARK Electronics Group Unveils USD 1.3 Billion AI-driven Industrial Park Project in Kampong Speu
- 19 November 2024
ARK Electronics Group, a leading Chinese company, has announced an ambitious USD 1.3 billion investment to establish a 1,000-hectare industrial park in Kampong Speu province, set to transform the province’s industrial landscape. The announcement followed a high-level meeting between HE Dr Cheam Chansophoan, Governor of Kampong Speu Province, and Ms. Chang Venza, General Director of ARK Electron...
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Two Chinese Firms to Expand Investment in Cambodia with New Garment Factories
- 16 November 2024
Fortune Rich Trade Co., Ltd. and Ju Wang Footwear Co., Ltd., two prominent Chinese firms, have announced plans to establish additional garment factories in Cambodia, focusing on producing women’s and children’s clothing for international markets. This significant investment initiative was unveiled during a meeting with PM Hun Manet on 6 November 2024 in Kunming, Yunnan province, as part of the ...
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Cambodia Constructors Association’s Successful Business Tour at Foshan Trade Conference
- 15 November 2024
The Cambodia Constructors Association (CCA) successfully led a business tour from 18 to 21 October 2024 to the Foshan Building Materials and Sanitary Ware RCEP & Central Asia Fair and Conference in Foshan, Guangdong, China. This event provided a platform for Cambodian construction firms to engage with international industry leaders, suppliers, and potential partners, highlighting the nation...
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Cambodia Unveils Export Service Centre to Strengthen International Trade & Empower Local Businesses
- 13 November 2024
In a pivotal move to enhance Cambodia’s global trade footprint, the Ministry of Commerce officially launched the Export Service Centre (ESC) on 5 November 2024. This new initiative, dedicated to advancing Cambodian exports, aims to position local products in global markets and equip traders with essential skills and resources to compete internationally. The inauguration ceremony, led by Ministe...
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Chinese Guoxing Group Commits to Major Investments in Cambodia’s Industrial & Agricultural Sectors
- 11 November 2024
Guoxing Group, a prominent Chinese conglomerate, has reaffirmed its commitment to establishing a major industrial park in Cambodia and is actively exploring agricultural investment, particularly in the production of organic fertilisers. This announcement followed a strategic meeting between Samdech Hun Manet, PM of Cambodia, and Mr. Li Guolian, President of Guoxing Group, on 6 November 2024 in ...
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Sailun Group to Boost Cambodia’s Rubber Processing Industry with Expanded Investment
- 8 November 2024
Chinese tire manufacturing giant Sailun Group has announced a substantial plan to increase its investment in Cambodia's rubber processing industry, aiming to expand the output of its Svay Rieng-based tire factory. This key decision was highlighted during discussions between Yuan Zhongxue, Honorary Chairman of Sailun Group, and PM Hun Manet at the 8th Greater Mekong Subregion (GMS) Summit in Kun...
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Chinese Firm Expands Investment with New Cashew Processing Plant in Cambodia
- 7 November 2024
Shandong (Cambodia) Economic and Technological Development Zone, a major Chinese agricultural firm, has announced a substantial capital increase to establish a new cashew processing plant in Cambodia, further advancing its agricultural production footprint. This decision was revealed during a meeting on 6 November 2024 between Cambodian PM HE Hun Manet and Mr. Wu Yu Jie, President of the Shando...
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Chinese Investment in Cambodian Manufacturing Surpasses USD 9 Billion, with 1,273 Factories Established
- 6 November 2024
Cambodia’s manufacturing sector now hosts 1,273 factories funded by Chinese investors, representing a total investment of over USD 9 billion and accounting for 45.49% of the country's overall foreign investment capital. The details were highlighted in a meeting between the Minister of Industry, Science, Technology, and Innovation, HE Hem Vanndy, and China’s Ambassador to Cambodia, HE Wang Wenbi...
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ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
- 5 November 2024
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of Battambang and Kampong Ch...
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