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ខ្មែរ Cooperation and networking
Cambodia to Establish Private Business Centre in Macau to Expand Overseas Markets
- 31 July 2024
The Cambodian Ministry of Commerce is preparing to establish a Cambodian Private Business Centre in Macau to boost overseas markets. This initiative aims to promote the export of Cambodian products and enhance international trade relations. The announcement came following a site inspection by a delegation led by Mr. Seang Thai, Secretary of State of the Ministry of Commerce, on 22-23 July 2024. ...
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Korea Pledges US$10 Million Cooperation Fund to Boost Mekong Development by 2027
- 31 July 2024
The Republic of Korea has pledged to increase its financial contribution to the Mekong-Republic of Korea Cooperation Fund to US$10 million by 2027, aiming to bolster sustainable development and environmental protection in the Mekong subregion. This commitment was announced in a press release on 28 July 2024. During the 12th Meeting of the Foreign Ministers of the Mekong and the Republic of Kore...
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Vietnam Expands 400MW of Electricity Supply to Cambodia: Pledging More Cooperation
- 27 July 2024
Vietnam has announced a significant increase in its electricity supply to Cambodia, pledging up to 400 megawatts to support the nation’s economic growth. This commitment follows a recent meeting between Samdech Techo Hun Sen, President of the Senate of Cambodia, and HE Pham Minh Chinh, Prime Minister of Vietnam, held in Hanoi on 25 July 2024. The agreement includes renewing an existing contract...
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Japan Grants Over US$57m to Cambodia for Human Resource & Infrastructure Development
- 20 July 2024
The Ministry of Economy and Finance and the Japan International Cooperation Agency (JICA) have signed two agreements worth 8.679 million yen (US$57.5 million) to support human resource and infrastructure development in Cambodia. This was announced in a joint press release on 19 July 2024. The agreements include a grant financing agreement and a concessional loan agreement, specifically: Hu...
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50 Chinese Investors Explore Lucrative Prospects in Kampong Speu’s Five Key Sectors
- 17 July 2024
Fifty investors from Zhejiang province, China, are actively exploring investment opportunities in Kampong Speu, focusing on the five key sectors of agriculture, agro-industry, mining and energy, and industry. This interest was announced on the official Facebook page of Kampong Speu Provincial Administration on 16 July 2024. According to HE Cheam Chansophoan, Governor of Kampong Speu Province, t...
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CCA Board Invited to Prominent China-ASEAN Electric Power Equipment Conference
- 13 July 2024
The 2024 China (Chongqing) - ASEAN Electric Power Equipment Manufacturing Industry Conference on Innovation and Cooperation commenced in Fuling, Chongqing, aiming to foster green development and regional prosperity by inviting international investors to explore business and investment opportunities. This significant event took place on 9 July 2024, as per the Ministry of Information's press releas...
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Philippine Investors Eye Expanding Investment Horizons in Cambodia’s Priority Sectors
- 12 July 2024
Philippine investors are exploring new opportunities in Cambodia's construction and priority sectors, with full ownership in rice production being highlighted as a significant potential investment area. This strategic interest was discussed during a meeting on 8 July 2024 between Samdech Techo Hun Sen, President of the Senate of Cambodia, and Mrs. Flerida Ann Camille P. Mayo, Ambassador of the Phi...
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France Invests US$600m in Cambodia’s Expanding Sectors
- 5 July 2024
French investment in Cambodia has surged to a combined value of €560 million (approximately US$600 million), significantly impacting the construction, agro-industry, and services sectors, according to a report from the French Embassy to Cambodia on Friday. This announcement was made in conjunction with the signing of the second France Cambodia Business Forum, scheduled from 8 to 10 July 2024 in Ca...
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CAIC Secures 12-Year Deal with French Firm for Duty-Free Retail at Techo International Airport
- 28 June 2024
CAIC has signed a 12-year contract with French company Lagardère Travel Retail SAS and local partner HSC Group to operate duty-free goods, essential travel equipment, and catering services at Techo International Airport. National Television of Cambodia reported this significant development on 26 June 2024. Séverine Lanthier, Executive Director for Asia and Strategy and Development Director at L...
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Vietnamese Investments in Cambodia Reach Nearly US$3bn Across 200+ Projects
- 25 June 2024
Vietnamese investors currently operate 208 projects in Cambodia, with a total registered capital of US$2.91 billion, according to a report from the Vietnamese Embassy. This positions Vietnam among the top 10 countries with the most investment projects in Cambodia. HE Nguyen Huy Taing, Ambassador of Vietnam to Cambodia, highlighted these figures during an interview with the state-run Cambodian N...
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