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ខ្មែរ Cooperation and networking
Leading Chinese Firm Eyes Major Investment in Cambodia’s Agriculture & Livestock Sector
- 12 September 2024
Shan Cun Group, one of China's largest agricultural investors, has revealed plans to explore significant investments in Cambodia's agriculture and livestock sectors. This announcement was made during a meeting on 5 September 2024 between HE Yun Heng, Deputy Secretary General of the Cambodian Investment Committee, and a delegation from Shan Cun Group. During the meeting, the company's representa...
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Kazakhstan Eyes Boost in Trade with Cambodia, Targeting USD 300m Milestone
- 12 September 2024
Kazakhstan has announced an ambitious plan to expand its trade with Cambodia to USD 300 million, with a longer-term goal of reaching USD 1 billion. This development followed a high-level meeting between former Prime Minister Samdech Hun Sen and His Excellency Kanat Tumysh, the newly appointed Ambassador of the Republic of Kazakhstan, on 5 September 2024. During the meeting, Ambassador Kanat Tum...
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Two Key Cambodian Projects Funded by Japan Win International Awards in Japan
- 10 September 2024
Two major infrastructure projects in Cambodia, funded by Japan, have been awarded at the prestigious 7th International Construction Awards in Japan. The Cambodia-Japan Friendship Bridge Rehabilitation Project and a cutting-edge DX technology infrastructure project were among the recipients of these international accolades. The awards were presented at a ceremony chaired by HE Saito Tetsuo, Japa...
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Cambodia Secures USD 2m in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects
- 7 September 2024
Cambodia has been granted a USD 2 million special fund from the 2024 Mekong-Lanchang Cooperation (MLC) to support the development of eight strategic projects, according to a press release issued by the Ministry of Foreign Affairs and International Cooperation on 3 September 2024. These projects span critical sectors such as tourism, demining, agriculture, rural development, public awareness of ...
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Siem Reap Angkor Airport Investor Plans Major Investment in Renewable Energy Zone
- 5 September 2024
Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI) has announced plans to invest in a special energy zone aimed at advancing Cambodia’s renewable energy sector. The project, in collaboration with Chinese firm Energy China YNPD, will include solar, wind, biomass, and power storage solutions. Mr. Wei Lu, Chairman of AIAI, discussed the initiative during a meeting with HE Chea Vut...
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Hong Kong’s Fung Group Eyes Expansion in Cambodia’s Textile Industry, Exploring New Investment in SEZs
- 3 September 2024
Fung Group, a prominent Hong Kong-based conglomerate, has expressed interest in expanding its investments into Cambodia’s textile and garment sectors, particularly within the country’s Special Economic Zones (SEZs). This intent was shared during a working meeting between HE Sun Chanthol, First Deputy Prime Minister and Vice President of the Council for the Development of Cambodia (CDC), and a H...
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ADB Allocates Over USD 93m to Enhance Rural Water Supply in Nine Cambodian Provinces
- 3 September 2024
The Asian Development Bank (ADB) has approved a comprehensive funding package of USD 93.6 million in loans and grants to expand the rural water supply and sanitation (WASH) infrastructure across nine provinces in Cambodia, aiming to provide climate-resilient and safe water supply to rural communities. This significant development was announced on 02 September 2024. The initiative will directly ...
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Construction of the Cambodia-Korea Friendship Bridge to Begin in Early 2025
- 30 August 2024
The highly anticipated Cambodia-Korea Friendship Bridge, which will connect Phnom Penh's Chroy Changvar area to the Areyaksat night market in Kandal province, is set to break ground in 2025. According to HE Phan Rim, spokesperson for the Ministry of Public Works and Transport, the ministry has approved the final report on the project, marking a significant milestone in moving towards the detail...
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Chinese Association Proposes New SEZ on 32 Hectares in Takeo Province
- 21 August 2024
The Chaosan Chinese Business Association has proposed the establishment of a new Special Economic Zone (SEZ) on a 32-hectare site in Bati district, Takeo province, with the primary objective of creating job opportunities for the local population. This initiative was discussed during a meeting between HE Vy Samnang, the Governor of Takeo Province, and Mr. Oknha Taing Lak Hav, President of the Ch...
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Singapore Invests USD 400m in Cambodia Over Five Years
- 21 August 2024
Over the past five years, Singapore has emerged as one of the top 10 sources of foreign direct investment (FDI) in Cambodia, with a total investment of USD 400 million, according to the Council for the Development of Cambodia (CDC). This significant influx of capital was highlighted at the Singapore Business Fair 2024, underscoring Singapore’s pivotal role in Cambodia's economic development. ...
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