Cooperation and networking
Bokor Mountain Cable Car Project Under Study by Sokimex, Doppelmayr & Confluences
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...
Read MoreHungary Pledges Support to Boost Foreign Investment in Cambodia
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...
Read MoreThailand Pitches “6 Countries, 1 Goal” Initiative to Boost ASEAN Tourism
Thailand has proposed a groundbreaking tourism initiative named "6 Countries, 1 Goal" to strengthen collaboration and tourism flow within the ASEAN region. The proposal, aimed at creating seamless travel experiences across Brunei, Cambodia, Laos, Malaysia, Vietnam, and Thailand, was discussed during a meeting on 21 October 2024 between Mr Dusit Menapan, adviser to the Thai Foreign Minister, and...
Read MorePrivate Sector Prioritises Three Key Measures to Boost Cambodia’s Automotive & Electronics Industry
Cambodia's private sector has identified three pivotal measures from a list of 20 priorities to drive the development of the nation's automotive and electronics industry. This decision emerged from the second meeting of the Advisory Council for the Development of the Automotive and Electronics Sector, organized by the Council for the Development of Cambodia (CDC) on 10 October 2024, with over 1...
Read MoreKorea Provides Professional Training for Cambodia to Enhance Cultural Heritage Preservation & Tourism Development
APSARA Authority and the Korean Heritage Agency have launched a four-day training program to bolster Cambodia's cultural heritage management, focusing on conservation, tourism development, and leveraging cultural assets. Radio National of Cambodia announced this collaborative effort on 8 October 2024. The initiative, held from 7 to 10 October 2024, aims to integrate expertise from Korean herita...
Read MoreChina Eyes Tonle Sap Mining Opportunities & Cement Production in Kampot
A delegation from Hubei province, China, led by Mr. Hu Jingli, Deputy Chairman of the Geographical Office, has expressed strong interest in studying natural mineral resources in Tonle Sap Lake, Siem Reap while advancing plans to invest in a cement plant in Kampot. This announcement followed a recent meeting with Siem Reap’s Deputy Governor, Mr. Di Rado, where the delegation discussed enhancing ...
Read MoreCanada to Establish Embassy in Phnom Penh, Strengthening Diplomatic & Trade Ties
Canada has announced plans to open an embassy in Phnom Penh, aiming to enhance its long-standing relationship with Cambodia and expand trade cooperation between the two nations. This decision was confirmed during a working meeting between PM Hun Manet and Canadian PM Justin Trudeau on 10 October 2024 in Vientiane, Laos. PM Trudeau informed Hun Manet of Canada's intention to establish the embass...
Read MoreChina Grants Over USD 42m to Boost Cambodia’s Infrastructure Development
To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s ongoing dedicat...
Read MoreJapanese Firm, MIRARTH, Expands Cashew Processing in Kampong Thom with Plans to Extract Oil from Cashew Shells
MIRARTH, a Japanese company operating in Kampong Thom, is significantly expanding its cashew nut processing capacity from 300 tons per year in 2021 to 1,500 tons annually while exploring new avenues for refining oil from cashew shells. This initiative reflects the company’s commitment to innovation and value-added processing within Cambodia’s agricultural sector. The company presented a two-yea...
Read MoreMPWT Completes Trapeang Sre Border Gate Project, Paving Way for Next-Phase Development
The Ministry of Public Works and Transport (MPWT) has officially announced the successful completion of the Trapeang Sre International Border Gate Improvement Project, a critical undertaking implemented under the Official Development Assistance Framework of the Republic of Korea. This milestone is expected to enhance cross-border trade and logistics operations in the region, positioning Cambodia f...
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