Cooperation and networking
Historic Cambodia-Thailand Railway Line Launches, Boosting Cross-Border Trade
A significant milestone in regional transportation was achieved today as Cambodia and Thailand celebrated the official opening of their first-ever railway link, forging a crucial connection to facilitate seamless cross-border trade and bolstering economic ties between the nations. The momentous inauguration ceremony saw the participation of key stakeholders from both countries, marking a new era […]
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Australia Grants Over AUD83.6 M to Foster Key Sectors in Cambodia
Australia has extended its support by providing an official development assistance of AUD83.6 million (over US$ 56.5 million). This commitment is aligned with Australia’s dedication to enhancing economic and social prosperity in Cambodia and marks a step towards reinforcing the strong bilateral ties between the two nations. The development assistance, as outlined in a letter […]
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SSEZ: A Vital Link between Cambodia and China in the Belt and Road Framework
The Sihanoukville Special Economic Zone (SSEZ) stands as a monumental achievement, serving as a vital bridge connecting Cambodia and China within the framework of the ambitious Belt and Road Initiative. This collaborative project has not only brought economic prosperity but has also created employment opportunities for tens of thousands of Cambodians. Liu Lianchi, the deputy […]
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CICC Unveils Five Transformative Projects to Foster Siem Reap’s Development
The Cambodia International Trade Association (CICC) has recently announced the launch of five groundbreaking projects aimed at driving the growth of Siem Reap province and generating employment opportunities for its residents. This momentous revelation came to light during a meeting between Mr. Johnny Mo, Director of the International Trade Association of Cambodia (CICC), and HE […]
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Booyoung Group’s Milestone Agreement: 1,000 Modern Buses to Enhance Cambodia’s Transportation Network
Booyoung Khmer II Co., Ltd., a prominent subsidiary of BOOYOUNG GROUP from the Republic of Korea, has inked a significant agreement with the Cambodian government to provide a total of 1,000 buses in three phases. The official press release by the Ministry of Economy and Finance on June 29, 2023, sheds light on this remarkable […]
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Cambodia Signs Concessional Loans Worth US$488 Million, Bolstering Public Investments for Sustainable Growth
Cambodia’s commitment to fostering sustainable economic growth and driving public investments received a significant boost in the first quarter of this year, as the Cambodian government inked new concessional loan agreements with development partners. The total amount of these loans reached an impressive US$488 million, propelling the country’s public debt to US$10.23 billion as of […]
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JICA Extends Support to Cambodia for Second Phase of Water Pollution Management
The Japan International Cooperation Agency (JICA) has once again extended its assistance to Cambodia, initiating the second three-year Pollution Management Capacity Building Project. The project, set to commence in 2023, aims to strengthen Cambodia’s water pollution management capabilities with the support of JICA. The official signing of the project took place on June 13, 2023, […]
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China Extends US$2 Million Grant to Cambodia for 9 Transformative Projects under Mekong-Lancang Cooperation
China has generously allocated a grant of US$2 million to Cambodia through the Mekong-Lancang Cooperation, empowering the implementation of nine vital projects within the country. This noteworthy financial assistance was extended under the auspices of the Special Fund Agreement for the 2023 Mekong-Lancang Cooperation Project, a testament to the enduring partnership between the two nations. […]
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Elevating Economic Ties: Cambodia and UAE Forge Comprehensive Economic Partnership Agreement
In a momentous stride towards enhancing economic cooperation and fostering greater investment opportunities, Cambodia and the United Arab Emirates (UAE) have officially signed a Comprehensive Economic Partnership Agreement (CEPA). The signing ceremony, presided over by Samdech Hun Sen, Minister of Cambodia, witnessed the presence of HE Pan Sorasak, Minister of Commerce, and HE Thani Bin […]
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Cambodia and Japan Collaborate on Logistics System and Bavet Border Crossing Expansion
In a significant stride towards enhanced connectivity and trade facilitation, the Ministry of Public Works and Transport (MPWT) of Cambodia has joined forces with Japan International Cooperation Agency (JICA) to embark on Phase II of the Cambodia Logistics System Improvement Project (CLIP2). Furthermore, they have unveiled plans to establish a new border crossing at Bavet, […]
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