Cooperation and networking
China Extends Generous US$7.2m Grant for Council of Ministers’ Friendship Building Renovation
In a significant gesture of enduring friendship and collaboration, China has bestowed Cambodia with a substantial grant of 53.2 million yuan (US$7.3 million) earmarked for the renovation of the Friendship Building within the Council of Ministers, according to the official Facebook page of the Office of the Council of Ministers on 5 March 2024. The official signing ceremony for this transformati...
Read MoreCambodia-Thailand Partnership to Prevent Wildfires, Take Another Step After Setting Up “Joint-Emergency Hotline”
In a groundbreaking development, Thailand and Cambodia have embarked on a collaborative venture to establish a special working group dedicated to wildfire prevention, marking a significant step towards enhanced disaster management. This initiative comes in response to the recent identification of multiple wildfire hotspots within Cambodia, underscoring the urgent need for concerted efforts in tack...
Read MoreAustralia’s Plus94 Fund Explores Investment in Business Support Centre in Cambodia
In a move indicative of expanding global business interests, Australia's Plus94 Fund is contemplating an investment in a business operations support centre within Cambodia. The revelation surfaced during a high-profile meeting between Samdech Hun Manet, Cambodia's Prime Minister, and Mr. Arj Samarakoon, the Executive Director and Founder of Plus94 Fund. This discussion transpired on the sidelines ...
Read MoreCambodia-US Trade Volume Surges to US$626m, Nearly 8% Increase, in January 2024
In a significant leap forward for bilateral trade relations, Cambodia and the United States witnessed a 7.74% increase in their trade volume, reaching an impressive US$626 million in January 2024, up from US$581 million in the same month the previous year. This notable growth was highlighted by HE Buon Sarak Mony, Secretary of State of the Ministry of Commerce (MoC), during a meeting with the US-A...
Read MoreGov’t Greenlights Three Major Malaysian Projects to Establish High-Tech Economic Zone & Halal Industries in Cambodia
The Cambodian government has given the nod to three significant projects proposed by the National Chamber of Commerce and Industry (NCCIM) in Malaysia. These ventures encompass the establishment of a high-tech economic zone, a technology development initiative, and an ecological project for the halal food industry in Cambodia. The approval was conveyed during the Cambodia-Malaysia Business Foru...
Read MoreCambodia & South Korea Join Forces in a Three-Year Endeavor to Preserve & Restore Angkor Wat
The Cambodian government and the Republic of Korea have formally entered into a Memorandum of Understanding (MoU) dedicated to the conservation and restoration of Angkor Wat over the next three years. This significant pact was officially inked on 19 February 2024, in a collaborative effort between the Cultural Heritage Administration of the Republic of Korea and the Apsara Authority of the Kingdom...
Read MoreIndia Eyes Technological Investment with Proposed Cambodia-India Special Economic Zone
India has signaled its interest in establishing a Cambodia-India Special Economic Zone, concentrating on fundamental technology investment projects. This strategic move comes in the wake of active involvement from Japan and the United Kingdom, both actively engaged in establishing their economic footprints in Cambodia. During a courtesy call and discussions held on 21 February 2024, HE Dr Devya...
Read MoreThai Investors to Explore US$1bn Investment Prospects in Cambodia in March
In a strategic move set for early March, Thai investors are poised to delve into the examination of three prominent projects in Cambodia, collectively valued at approximately US$1 billion. The Council for the Development of Cambodia (CDC) disclosed this pivotal development on 17 February 2024. The anticipation builds upon the Economic Diplomacy Forum on Cambodia, conducted under the new initiat...
Read MoreCanada Elevates Bilateral Ties with Cambodia Through Inauguration of Consulate in Siem Reap
Canada has taken a significant stride in enhancing collaboration with Cambodia with the official opening of a new consulate in Siem Reap, as announced by the Siem Reap Provincial Administration on 13 February 2024. In a ceremony presided over by Mr. Pin Prak, Deputy Governor, and attended by Ms. Ping Kithikone, Ambassador of Canada to the Kingdom of Cambodia, among other dignitaries, the consul...
Read MoreUK Proposes Collaborative Effort with Cambodia to Establish Green Economic Zone
The United Kingdom has expressed its interest in collaborating with Cambodia to initiate a transformative project - the creation of a "Green Special Economic Zone." The proposal aims to make a significant contribution to global environmental conservation. This proposition surfaced during a productive working meeting between HE Sun Chanthol, First Deputy Prime Minister and First Vice President of t...
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