MLMUPC Highly Commends CCA’s Remarkable Contributions to Cambodia’s Construction Advancement

Within 10 months in 2023, the Ministry of Land Management, Urban Planning and Construction has issued 2,924 construction licenses for projects with a total floor area of 12,335,043 m2 and an investment of approximately US$ 5,109,471,023. There are 146 projects upstairs, equivalent to 154 buildings, housing projects and housing complexes, there are 79 projects, equivalent to 18,174 buildings and 18...

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Cambodia Inks Concessional Loans Worth US$1 Billion With Development Partners Amidst a 17% Dip

In the initial nine months of 2023, the Royal Government of Cambodia demonstrated strategic financial prowess by securing new concessional loan agreements with development partners, totaling a significant US$1 billion. This accomplishment, outlined in the Cambodian Public Debt Statistics Bulletin by the Ministry of Economy and Finance, reflects a tactical utilization of financial resources, consti...

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Japan Extends Generous Grant of US$300,000 to Safeguard Historic Sambor Prei Kuk Resort

In a gesture of cultural preservation, the Government of Japan has announced a generous grant of US$300,000 to Cambodia for the enhancement and rehabilitation of the Sambor Prei Kuk resort in Kampong Thom province. A press release from the Embassy of Japan in Cambodia on 12 December 2023, highlighted Japan's commitment to supporting the "Human Resource Development Project for the Maintenance an...

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Cambodia Seeks Support from China to Establish a Natural Resource Data Management Centre

In a pivotal move, the National Assembly of Cambodia has extended a proposal to the Standing Committee of the Guangxi Provincial People's Congress in the People's Republic of China to establish a natural resource management data center aimed at enhancing the development of vital fish and rice corridors. This transformative initiative was discussed during a significant meeting between HE Dr Cheam Y...

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PM Proposes Transformative Partnership: Japan-Cambodia Industrial Park for Logistics Advancement

In a strategic move to propel Cambodia's logistics sector, Samdech Prime Minister Hun Manet has extended an invitation to Japan for the establishment of a collaborative industrial park. The proposal came to light during a significant meeting between Samdech PM Hun Manet and Ambassador Ueno Atsushi of Japan on 7 December 2023. Japan, showcasing a commitment to fortifying its collaboration with C...

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New Zealand Extends a Helping Hand: Injects Over US$ 3 Million in Demining Assistance for Cambodia

New Zealand has pledged an additional US$ 3.1 million for the fourth phase of Cambodia's demining project. The financing agreement, symbolizing this commitment, was formalized at a signing ceremony between the United Nations Development Program (UNDP), represented by Ms. Alissar Chaker, UNDP Country Director for Cambodia, and the Ministry of Foreign Affairs and Trade of New Zealand, represented by...

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USAID Pledges US$24M to Propel Biodiversity and Conservation Initiatives in Cambodia

USAID unveils a groundbreaking five-year project, injecting US$24 million into safeguarding biodiversity and natural resources while enhancing the well-being of Cambodian communities. The official announcement was made through a USAID press release on December 4, 2023. Through the "USAID Conservation" project, the focus is on empowering communities to spearhead initiatives that create local emp...

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US Commits US$4m Over Two Decades to Phnom Bakheng Temple Restoration

Embarking on a steadfast commitment to cultural preservation, the United States Ambassadors Fund for Cultural Preservation (AFCP) has, since 2004, extended unwavering support to the World Temple Fund (WMF) for the restoration of Cambodia's iconic Phnom Bakheng temple. Since 2004, eight grants amounting to a commendable US$4 million have been allocated for conservation endeavors, with the latest gr...

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ADB Fuels Cambodia’s Fiscal Evolution with a US$50m Boost

The Asian Development Bank (ADB) takes a significant stride in fortifying Cambodia's financial landscape, greenlighting a substantial US$50 million loan to bolster the nation's public financial management (PFM) system, encompassing public investment. This noteworthy development is illuminated in an official ADB press release. Jyotsana Varma, ADB Country Director for Cambodia, underscores the pi...

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Japan-Cambodia Association Set to Boost SMEs with New Phnom Penh Headquarters

In a pivotal move to fortify economic ties and promote small and medium enterprises (SMEs), the Japan-Cambodia Association (JCA) unveils plans to inaugurate its office in Phnom Penh. His Excellency Takahashi Fumiaki, President of JCA, confirmed this strategic initiative during a meeting with His Excellency Sar Sokha, Deputy Prime Minister, and Minister of Interior on the afternoon of 22 November 2...

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