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ខ្មែរ Cooperation and networking
ADB Invests USD 80 Million in Climate-Resilient Schools to Transform Cambodian Education
- 4 November 2024
To strengthen Cambodia’s secondary education sector, the Asian Development Bank (ADB) has approved a USD 80 million loan to construct climate-resilient school buildings and expand educational resources nationwide. This update was confirmed in a press release from the Angkor Institute on 31 October 2024. This initiative aims to address Cambodia's low high school enrolment rate of 35.5%, which is...
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Cambodia & South Korea Forge Strategic Alliance to Drive Investment Cooperation
- 31 October 2024
The Council for the Development of Cambodia (CDC) and the South Korean Embassy in Cambodia convened their inaugural public-private sector dialogue on 24 October 2024 to strengthen investment cooperation. Led by HE Sun Chanthol, Cambodia's First Deputy Prime Minister and Vice President of the CDC, alongside HE Park Jung Wook, the Ambassador of the Republic of Korea to Cambodia, the event brought...
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Nearly 2,000 Local Associations and NGOs Registered in Cambodia Since 2015
- 30 October 2024
Since the enactment of Cambodia's Law on Associations and Non-Governmental Organisations in August 2015, a total of 1,961 local associations and NGOs have officially registered with the Ministry of Interior, according to Dr. Touch Sokheak, Deputy Spokesman of the Ministry of Interior, in a recent statement to Apsara News on 30 September 2024. Dr. Sokheak detailed that these registrations includ...
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South Korea’s Gyeongbuk Technopark Sets Sights on Technology Park Collaboration in Cambodia
- 30 October 2024
The Gyeongbuk Technopark Korea Innovation Centre is exploring collaboration opportunities with Cambodia’s Ministry of Industry, Science, Technology, and Innovation (MISTI) to invest in a high-tech innovation hub in Cambodia, aligning with the nation’s strategic development goals in smart agriculture, health, and green technology. This promising development was discussed on 28 October 2024 durin...
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Cambodia & China Unveil Strategic Digital Infrastructure Partnership to Drive Economic Growth
- 29 October 2024
The Ministry of Industry, Science, Technology, and Innovation (MISTI) of Cambodia and the China-ASEAN Information Harbor (CAIH) have signed a pivotal Memorandum of Understanding (MoU), marking a significant advancement in digital infrastructure collaboration aimed at transforming economic development in Cambodia and the ASEAN region. The agreement, signed on 24 October 2024, is expected to enh...
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China Grants USD 20m on School Infrastructure & Education Improvement Project in Cambodia
- 29 October 2024
In a significant step for Cambodia's educational development, a USD 22.5 million project dedicated to improving school infrastructure and supplying educational materials was officially inaugurated at Hun Sen Peam Chi Kang High School in Kampong Cham province, under the presidency of PM Hun Manet on 26 October 2024 The ambitious project, primarily funded by the People’s Republic of China, aims t...
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USAID Grants USD 55 Million to Cambodia, Prioritising Food Security, Health & Environment
- 28 October 2024
The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director of USAID Gl...
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Australia Invests USD 65 Million to Enhance Cambodia’s Economic Growth through CAPED Program
- 26 October 2024
The Australian Government has committed approximately AUD 87 million (USD 65 million) in new grant funding to the Cambodia-Australia Partnership for Sustainable Economic Development (CAPED) program, aiming to bolster Cambodia's economic resilience and growth. The announcement was made through a press release from the Ministry of Economy and Finance on 17 October 2024. The CAPED program represen...
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Bokor Mountain Cable Car Project Under Study by Sokimex, Doppelmayr & Confluences
- 25 October 2024
Sokimex Investment Group (SIG) has granted permission for Doppelmayr and Confluences to explore the feasibility of a cable car system on Bokor Mountain in Kampot province, aiming to boost tourism and economic growth. This announcement was shared on the official Facebook page of SIG on 21 October 2024, confirming the companies' involvement in assessing the technical and economic aspects of the proj...
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Hungary Pledges Support to Boost Foreign Investment in Cambodia
- 25 October 2024
Hungary has vowed to expand its cooperation with Cambodia by actively encouraging foreign investors to explore and pursue business opportunities within the kingdom, aiming to strengthen trade and economic ties. The commitment was expressed by HE Tibor Baloghd, the Hungarian Ambassador to Cambodia, during a meeting with Samdech PM Hun Manet on 23 October 2024. During the meeting, Ambassador Tibo...
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