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ខ្មែរ Cooperation and networking
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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Cambodia-Vietnam Trade Volume Surges to US$4.6bn in First Seven Months of 2024
- 19 August 2024
In a significant boost to bilateral trade, Cambodia and Vietnam recorded a trade volume of US$4.6 billion between January and July 2024, reflecting a 23.5% increase compared to the same period last year. This data was revealed by the General Department of Customs and Excise of Cambodia on 16 August 2024. Cambodia’s exports to Vietnam reached an impressive US$2.2 billion, marking a robust 37.7% ...
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Chery Holding Group Eyes Investment in Cambodia’s Automobile & Auto Parts Industry
- 13 August 2024
Chery Holding Group, a leading Chinese conglomerate, has expressed a strong interest in investing in Cambodia’s burgeoning automobile and auto parts industry, with ambitions to serve domestic, regional, and international markets. This potential investment was highlighted during a meeting between Xu Hui, Deputy General Manager of Chery Holding Group Co., Ltd, and Cambodian Prime Minister Hun Man...
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Korea Commits US$3m to Preserve Tuol Sleng Museum Over Five Years
- 13 August 2024
The Korea International Cooperation Agency (KOICA) has officially donated US$3 million to support the preservation of the Tuol Sleng Genocide Museum in Cambodia over the next five years. This significant contribution will fund the second phase of the "Tuol Sleng Genocide Museum Conservation and Copy Project (Phase 2)," running from 2024 to 2028. The project was officially launched on 8 August 2024...
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Cambodia & China Unveil Cultural Corridor at Siem Reap Angkor International Airport to Foster Deeper Ties
- 12 August 2024
Cambodia and China have officially inaugurated a Cultural Corridor at the Siem Reap Angkor International Airport, a landmark initiative to bolster ties and enhance people-to-people exchanges between the two nations. The ceremony, which underscored the strategic importance of Siem Reap Angkor International Airport as Cambodia's key gateway to the world, was held on 6 August 2024. HE Chhean Leang...
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19 Japanese Firms Set Sights on Cambodia’s Green Technology & Carbon Credit Sectors
- 10 August 2024
A total of 19 Japanese companies have shown strong interest in investing in Cambodia’s green technology and carbon credit sectors, a promising development discussed during a high-level meeting between Prime Minister Samdech Hun Manet and Ms Mio Kawada, Vice President of the Japan External Trade Organization (JETRO), on 7 August 2024. Representing the interests of the 19 companies, Ms Mio Kawada...
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CDC Collaborates with EUROCHAM to Streamline Business Procedures to Attract More Foreign Investment
- 8 August 2024
Cambodia’s Council for the Development of Cambodia (CDC) and the European Chamber of Commerce in Cambodia (EUROCHAM) have taken significant steps to streamline investment procedures, aiming to attract more foreign investments into the country. In a strategic meeting held on 7 August 2024, chaired by HE Sun Chanthol, Deputy Prime Minister and first Vice President of the CDC, and Mr Tassilo Brinzer,...
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Global Supply Chain Shift from China, While Thailand Emerges as Key Player
- 4 August 2024
Thailand has positioned itself as a prime investment destination in the ongoing supply chain reformation from China, attracting substantial investment across key industrial clusters over the next decade, according to Michael Glancy, Country Head of JLL Thailand. This shift, driven by the need for supply chain diversification, is detailed in a recent report by Jones Lang LaSalle (JLL) published by ...
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Japan Heart Supports Construction of Paediatric Oncology Hospital in Kandal Province
- 3 August 2024
Japan Heart Children’s Medical Centre has announced the construction of a three-storey paediatric oncology hospital in Kandal province. The facility, which will feature 100 rooms and four operating theatres, is expected to be completed within 15 months, with an opening scheduled for October 2025. This initiative, disclosed by Japan Heart on 31 July 2024, is a significant step toward enhancing h...
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