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ខ្មែរ Cooperation and networking
KOICA’s Propels Cambodia’s Socio-Economic Development with US$366.5m Investment
- 27 January 2024
KOICA has played a pivotal role in Cambodia's socio-economic advancement, channelling a substantial investment of over US$366.5 million. This extensive support, spanning from 1991 to 2023, underscores the unwavering commitment of KOICA to fostering progress in Cambodia. The profound impact of KOICA's Official Development Assistance (ODA) is evident across key sectors, with a strategic focus on ...
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CAMKO INFRACORE Eyes Cambodia for Global Electric Car Assembly Plant
- 25 January 2024
Korea's CAMKO INFRACORE is contemplating a substantial investment in Cambodia, envisioning the establishment of an electric car assembly plant with a focus on global exports. This ambitious plan was disclosed during a high-profile meeting held on 24 January 2024, between HE Sun Chanthol, First Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, and HE ...
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Indonesia’s Lippo Group Explores Investment Avenues in Cambodia’s Health & Real Estate Sectors
- 24 January 2024
Cambodia has welcomed the interest of Indonesia's renowned Lippo Group in investing in the country's health and real estate sectors. The announcement comes on the heels of a meeting between Prime Minister Hun Manet and Mr John Riady, the CEO of Lippo Group, during the prestigious 2024 World Economic Forum in Davos, Switzerland, on 17 January 2024. During the meeting, Mr Riady shed light on the ...
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Thai PM Calls for Higher Wages & Diverse Incentives for Foreign Investments In ASEAN
- 24 January 2024
Thai Prime Minister Srettha Thavisin has called on leaders of other ASEAN countries, including Malaysia and Cambodia, to work together to find ways to raise minimum wages and propose changes to foreign investment incentives, according to Thailand Business News on 22 January 2024. Speaking at the World Economic Forum in Davos, PM Thavisin emphasized the imperative for Thailand to move beyond the...
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Cambodia & France Forge €215 Million Partnership for Energy Revolution
- 23 January 2024
Cambodia and France have inked three pivotal Memoranda of Understanding (MoUs) to propel the development of renewable energy, marking a significant stride towards advancing Cambodia's energy landscape. The Ministry of Mines and Energy unveiled this transformative initiative through a press release on 19 January 2024. The trio of MoUs, orchestrated between the Ministry of Mines and Energy and es...
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HE Sok Siphana: China to Increase Investment with Cambodia in 2024
- 22 January 2024
A promising outlook for Cambodia-China economic and trade cooperation in 2024 has been painted by Sok Siphana, senior minister and Chairman Emeritus of the Board of Directors of the Asian Vision Institute. Mr Sok envisions a year of deeper collaboration, emphasising that the steadily increasing bilateral trade and investment volumes between the two nations will continue to yield mutual benefits. ...
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Blue Circle Eyes Potential 100MW of Wind Power Generation in Cambodia with Plans for Future Expansion
- 20 January 2024
Blue Circle, a global leader in wind power generation, is eyeing significant opportunities for wind energy investment in Cambodia. During a courtesy meeting with Samdech Hun Manet, Prime Minister of Cambodia, in Paris on 15 January, France, Olivier Duguet, President and CEO of Blue Circle, expressed optimism about the country's potential for sustainable wind power initiatives. Mr Duguet, detail...
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Cambodia-Hungary Economic Ties Surge, Reaching Nearly US$8m in the First 11 Months of 2023
- 19 January 2024
In a promising testament to the deepening economic collaboration between Cambodia and Hungary, bilateral trade volume for the first 11 months of 2023 soared to approximately US$7.7 million. This robust figure reflects a notable 9.5% increase compared to the corresponding period in 2022, underscoring the resilience and growth potential of the partnership. The encouraging data emerged from the ou...
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OCIC Group Partners with Global Giants to Elevate Techo International Airport’s Duty-Free Experience
- 19 January 2024
OCIC Group, a pioneering force in Cambodia's infrastructural development, has announced a landmark collaboration with Lagardère Travel Retail and HSC Group for the management of duty-free services at the upcoming Techo International Airport. Unveiled during Cambodian Prime Minister Hun Manet's official visit to France, this strategic alliance aims to redefine the airport retail experience and enha...
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Cambodia & France Ink Six Pivotal MOUs for Economic Advancement
- 17 January 2024
In a groundbreaking move set to elevate economic collaboration between Cambodia and France, six crucial Memorandums of Understanding (MOUs) were recently signed, heralding a new era of strategic partnership. The signing ceremony unfolded under the esteemed presidency of Samdech Hun Manet, Prime Minister of Cambodia, during his official visit to Paris from 13 to 19 January 2024. Key Memoranda Un...
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