More Than 60 Chinese Investors Eye Cambodia’s Five Lucrative Sectors

More than 60 delegates from China are actively exploring investment opportunities across various sectors in Cambodia, signalling a significant bilateral cooperation effort. Led by Jonathan K.S. Choi, President of the Chinese Chamber of Commerce, Coastal Entrepreneurs Alliance, and Sunwa Group, the delegation, comprising entrepreneurs from Guangdong, Hong Kong, and Macao, expressed keen interest...

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Malaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia

Malaysia's KSI Strategic Institute, led by the institute’s president Tan Sri Michel Yao, has unveiled plans to establish the ASEAN Economic Club and explore investment opportunities in Cambodia. This announcement follows a meeting between Samdech PM Hun Manet and Mr. Tan Sri Michel Yao on 8 April 2024. During the discussion, Mr. Tan Sri Yao outlined the institute's intention to assess potential...

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Room to Read’s 20-Year Impact: 339 Library Buildings Constructed in Cambodia

Over the past two decades, Room to Read Cambodia (RRC) has made a significant impact on education by constructing 339 libraries across Cambodia. This milestone was announced by the Ministry of Education, Youth and Sports on 9 April 2024. In addition to the construction of libraries, RRC has established 2,111 school libraries and provided training to 9,000 teachers and librarians, as stated by t...

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Cambodia & EU Collaborate to Foster Tax Compliance & Investment Climate

The General Department of Taxation (GDT) and the European Union (EU) have initiated discussions to devise mechanisms aimed at enhancing tax compliance and fostering a culture of taxation in Cambodia, particularly focusing on promoting fair competition and strengthening fiscal integrity. This collaborative effort seeks to address the challenges faced by investors from EU countries, as highlighte...

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SCA Secures Operator Rights at Techo Airport, Expanding Presence Across Cambodia

SOCIETE CONSERVER DERAORORPORT (SCA) has extended its operational reach in Cambodia by acquiring operator rights at Techo International Airport, alongside its existing operations at Phnom Penh National Airport. This significant development was reported by the National Television of Cambodia, highlighting SCA's growing influence in the country's aviation sector. The Secretariat of State for Civi...

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More than 20 Thai Firms Explores Investment Opportunities in Kratie Province

More than 20 Thai companies, led by the Thai Embassy in Cambodia, are actively seeking business and investment prospects in Kratie province. This initiative aims to bolster trade volumes and foster economic collaboration between Cambodia and Thailand, particularly within the new economic zone linking both nations. The visit, headed by HE Chheut Kiet, Ambassador of the Kingdom of Thailand to Cam...

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17 Chinese Firms Seek Clarity on Investment Policies from Cambodian Prime Minister

Mr. Shen Mingrong, Chairman of Zhenjiang Zhoung Chao New Material Co., Ltd., alongside representatives from 17 Chinese industrial enterprises, expressed keen interest in expanding their investments in Cambodia. They sought clarity on three key policies from PM Hun Manet, according to result of the pivotal meeting between the two parties held on 27 March 2024. During the meeting, Mr. Shen Mingro...

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UNIDO Partners with Cambodia to Pave the Way for Green Industrial Parks

The Ministry of Industry, Science, Technology & Innovation (MISTI) of Cambodia has joined hands with the United Nations Industrial Development Organisation (UNIDO) to spearhead the development of eco-industrial parks (EIPs) in the country, fostering a sustainable approach to industrial growth. In an official meeting held on 26 March, HE Hem Vanndy, Minister of MISTI, along with a delegation...

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Cambodia’s Exports to Korea Skyrocket, Surging 2048% in 2023

In a remarkable surge, Cambodia's exports to the Republic of Korea soared to US$26.21 million in 2023, marking a staggering increase of 2048% compared to the previous year's US$1.22 million. This substantial growth underscores the robust trade relationship between the two nations, facilitated by the CKFTA agreement. The data, disclosed by the spokesperson of the Cambodian government during a hi...

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Cambodia and Laos Discuss Plans for Border Crossing Bridge

Cambodian government and the Government of Laos PDR are in talks regarding the construction of a border crossing bridge, enhancing bilateral cooperation between the two nations. PM Samdech Hun Manet of Cambodia and PM HE Sonexay Siphandone of Laos PDR deliberated on this significant project during their meeting in Vientiane on March 25. The proposed bridge, spanning the Ropov River between P...

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