Cooperation and networking
Cambodia Partners with Global Institutions to Pioneer Energy-Efficient Building Designs
In a bid to reduce GHG and combat global warming, Cambodia is collaborating with international experts to develop building strategies that minimize the use of air conditioning systems. This initiative, reported by Radio National of Cambodia on 14 May 2024, involves key ministries and institutions in Cambodia working closely with international organisations. The Ministry of Environment, in partn...
Read MoreKorean Firm to Transform Waste into 24 Megawatts of Electricity Daily in Cambodia
Korean company Hyuckjin Energy Plant Engineering plans to deploy its cutting-edge technology to convert waste into electricity in Cambodia, aiming to generate at least 24 megawatts of power daily from 100 tons of waste. This initiative was discussed during a meeting between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), and a d...
Read MoreChina Commits Up to US$100m for Advanced Water Purification in Cambodia
Hainan Litree Purifying Technology Co., Ltd. from China has announced plans to invest between US$50-US$100 million in Cambodia's water sector over the next three to five years, focusing on water purification products using UF membrane technology. This announcement was made during a meeting between Dr Cai Yunlong, CEO of Hainan Litree Purifying Technology Co., Ltd., and HE Hem Vandy, Cambodia's Min...
Read MoreCambodia-China Bilateral Trade Surges to US$10bn, 4.6% Up, in First 10 Months of 2023
Cambodia's trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE Zhang Qingli, Vice Chairman of the 13th National Committee of the Chinese Pol...
Read MoreFostering Ties: Cambodia & China Ink Agreements to Boost Key Sectors
Cambodia and China have ceremonially signed three pivotal documents aimed at enhancing cooperation in essential sectors. This landmark event unfolded on the morning of 22 April 2024 in Phnom Penh, marking a high point during the three-day official visit of HE Wang Yi, the Minister of Foreign Affairs of the People's Republic of China, which concluded on 23 April. The agreements were the highligh...
Read MoreCambodia to Transform National Customs School into Asia-Pacific Training Hub
Cambodia successfully secured approval for its National Customs School to be designated as the Asia-Pacific WCO Regional Training Centre (RTC AP) d during the 25th Asia-Pacific Customs Director General Conference of the World Customs Organisation held in Sydney, Australia from 15 to 18 April 2024. The decision marks a significant milestone for Cambodia's customs administration, affirming its co...
Read MoreCambodia Forges Ahead with Double Taxation Agreement Negotiations to Spur Foreign Investment
Cambodia is making significant strides in its efforts to attract foreign investment by intensifying negotiations on double taxation agreements (DTA) with seven additional countries. Revealed in the latest bulletin from the General Department of Taxation, published on April 18, 2024, this proactive approach underscores Cambodia's commitment to fostering a conducive environment for international inv...
Read MoreAustralia’s 30-Year Commitment: Catalysing Cambodia’s Development Across Key Sectors with US$1bn in Aid
For three decades, the Australian Government has been instrumental in Cambodia's development journey, extending over US$1 billion in official development assistance to bolster pivotal sectors within the nation. This landmark contribution underscores Australia's unwavering commitment to Cambodia's progress, as highlighted in a press release by the Ministry of Foreign Affairs and International Coope...
Read MoreHong Kong Firm, Sunwah Group, Expands Investment Horizons in Cambodia, Eyes Five Key Sectors
Hong Kong-based Sunwah Group is set to broaden its investment portfolio in Cambodia, signalling its intent to venture into five pivotal sectors beyond its existing seafood processing operations, which have been operational since 1994. This development emerged from a high-level meeting between Prime Minister Samdech Hun Manet and Mr. Jonathan K.S. Choi, President of Sunwah Group, on 8 April 2024. ...
Read MoreInvestors from Guangdong-Hong Kong-Macao Eye Green Economic Zones in Cambodia, Forge Bilateral Ties
China's Guangdong-Hong Kong-Macao Gulf Confederation is poised to bolster investment in Cambodia, particularly in green economic zones and other strategic sectors. Dr. Jonathan KS Choi, President of the Gulf Federation, underscored this commitment during a Memorandum of Understanding signing ceremony with HE Hem Vandy, Cambodia's Minister of Industry, Science, Technology, and Innovation, on 9 Apri...
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