Cooperation and networking
Cambodian Gov’t Ambitious Vision: Securing US$2.2 Billion Loan for Key Sector Development by 2024
The Cambodian Government is set to embark on a transformative journey by seeking international loans exceeding US$2.2 billion (IMF’s international reserving fund that can be converted into cash on demand). This dynamic endeavor, unveiled within the summary of the draft law on finance for management in 2024, is a testament to the nation’s unwavering commitment […]
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New Thai Gov’t Adopts Fresh Approach in Offshore Oil Field Negotiations with Cambodia
In a strategic pivot, the new Thai government has signalled its intent to engage Cambodia in talks regarding the overlapping development areas in the Gulf of Thailand. This shift represents a change in Thailand’s negotiation approach, previously centred on demarcating maritime borders, and comes as a part of a new strategy under the leadership of […]
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Four Wellknown European Firms Eye Expansion & Investments in Cambodia’s Thriving Markets
A consortium of European giants, including Airbus, DHL, Roche, and Lidl & Kaufland, are setting their sights on Cambodia, keen to explore the prospects of expanding their production within the burgeoning Southeast Asian nation. This strategic move was unveiled during a pivotal working meeting, held on 24 October 2023, orchestrated by the EU-ASEAN Business Council […]
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Vietnam & Cambodia Collaborate to Boost Trade Efficiency and Reduce Shipping Costs
Vietnam’s Saigon Newport and Cambodia’s Phnom Penh Autonomous Port (PPAP) have joined forces to foster sustainable business development and further invigorate economic and trade growth, cementing the rapport between these two nations. During the official signing ceremony on 28 October 2023, Ms. Her Panin, Deputy Director General overseeing the Phnom Penh Autonomous Port Operations, emphasized […]
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ADB Commits to Boosting Investment in Cambodia’s Irrigation & Climate Resilience
The Asian Development Bank (ADB) has reaffirmed its commitment to expanding investment in Cambodia’s irrigation and climate resilience efforts. This vital commitment was solidified during a high-level meeting held on 26 October 2023, between Cambodia’s Minister of Water Resources and Meteorology, HE Thor Chetha, and Lok Chumteav Lyotsana Varma, Director General of the Asian Development […]
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Korea Boosts Cambodia’s Climate Analysis Capabilities with $3 Million High-Tech System
The Korea Meteorological Administration has taken a monumental step in enhancing Cambodia’s weather forecasting and climate analysis capabilities with a US$3 million donation of the GEO-KOMPSAT-2A weather receiving and analysis system. The official handover took place on October 25, 2023, marking a pivotal moment in Cambodia’s climate analysis infrastructure. The project is the culmination of […]
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Minebea Embarks on a New Era of Renewable Energy Investment in Cambodia
Minebea (Cambodia), known for its substantial investments and contributions to Cambodia’s economic landscape over the past 12 years, has unveiled an ambitious plan to expand its investments into renewable energy in the kingdom. The announcement came during a high-profile courtesy call to Samdech Techo Hun Sen, President of the Supreme Privy Council to His Majesty […]
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Japan’s Generous Contribution Enhances Land Surveying and Registration in Cambodia
A significant leap forward in Cambodia’s land surveying and registration efforts is now underway, thanks to Japan’s substantial contribution of approximately US$9.7 million. The support comes as part of the project for the “Establishment of a Nationwide Continuously Operating Reference Station Network,” which aims to strengthen administrative services related to land registration. The exchange of […]
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Cambodia and China Forge Strategic Alliances in 10 Key Sectors to Accelerate Development
In a groundbreaking move, the Cambodian Government and the People’s Republic of China have inked ten Memoranda of Understanding (MoUs) to propel progress in critical sectors encompassing energy, rural development, and temple restoration. These momentous agreements were formalized during the attendance of Prime Minister Samdech Hun Manet at the illustrious “Third Belt and Road Forum” […]
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Giant Chinese Tyre Producer Conducting Feasibility Study to Set Up a Car Tyre Factory in Cambodia
Cambodia is gearing up for a promising partnership as one of China’s tire manufacturing giants, Wanli Tires, explores the prospect of establishing a tire factory within the kingdom. The stage was set for this transformative opportunity during a high-profile meeting between Cambodia’s Deputy Prime Minister and First Vice President of the Council for the Development […]
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