Cooperation and networking
China Contributes to Construction of 37 roads of 3,077km Over 37 Roads & 10 Major Bridges, Worth US$2.1bn in Cambodia
Infrastructure projects fuelled by China's concessional loans and grants have ushered in a new era of progress in Cambodia, with completed and ongoing ventures boasting a total investment of US$3,340 million. The revelation came during the celebration of the first anniversary of the Phnom Penh-Sihanoukville Expressway on 7 November as articulated by HE Sun Chanthol, Deputy Prime Minister and First...
Read MoreCCA & Ministry of Labour Join Forces to Empower Cambodian Workforce in the Construction Sector
In a landmark move aimed at fostering skill development and enhancing employment opportunities, the Cambodian Constructors Association (CCA) and the Ministry of Labour and Vocational Training inked a Memorandum of Understanding on cooperation in internships and technical training. The signing ceremony, held on 11 November 2023 at the Koh Pich Exhibition and Convention Centre, marked a pivotal coll...
Read MoreCambodia CCA to Form Large-Scale Business Ties with Malaysian Chamber of Commerce & Biggest Malaysian SME Association
In a pivotal move towards fostering international business ties, the Cambodia Constructors Association (CCA) orchestrated a momentous meeting with the Malaysia-Cambodia Chamber of Commerce (MCCC) on 8 November 2023. The high-profile meeting, hosted by Oknha Charles Van, representing Neak Oknha Pung Kheav Se, President of CCA, and attended by Mr Dato's Sri Dr Rick Yaw, President of MCCC, marked the...
Read MoreCambodia’s Water & Sanitation Transformation: World Bank-Funded Project Reaches 36% Completion
In a significant step towards enhancing water supply and sanitation across Cambodia, a project supported by a US$55 million loan from the World Bank has reached an impressive 36.36% completion as of October 2023. The remarkable progress was the focal point of the meeting held on 6 November 2023, chaired by HE Dr. Ros Vanna, Secretary of State of the Ministry of Public Works and Transport. The o...
Read MoreJapanese Aid Breathes New Life into Angkor Wat’s West Porch – Officially Inaugurated
A vibrant moment of cultural preservation and international collaboration took center stage as the west porch of Angkor Wat, a priceless cultural treasure, was officially inaugurated. This triumph comes as a result of a steadfast partnership, with the Government of Japan providing over $100 million in crucial assistance to Cambodia, dedicated to the preservation of Angkor Wat and the meticulous re...
Read MoreMajor Chinese Firm Looking for SEZ to Infuse US$500 Million in Cambodia
In a significant development that marks a vote of confidence in Cambodia's burgeoning economic landscape, a major Chinese company is set to funnel US$500 million into the kingdom while studying the location of two special economic zones for its production. The investment aims to fuel growth and prosperity in the region while also serving as a testament to the attractiveness of Cambodia as a destin...
Read MoreRoyal Group & TotalEnergies Join Forces for Cambodia’s Renewable Energy & GHG Reduction Initiatives
In a momentous stride towards sustainable energy and environmental stewardship, Royal Group Power Co Ltd (RGP) and TotalEnergies, a prominent French energy conglomerate based in Singapore, have forged a groundbreaking Memorandum of Understanding (MoU) on renewable energy ventures in Cambodia. This collaboration extends to Greenhouse Gas (GHG) reduction initiatives, ushering in a new era of ecologi...
Read MoreCambodian 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 to bolstering pivotal sectors for sust...
Read MoreNew 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 Prime Minister Srettha Thavisin. According to a ...
Read MoreFour 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 and led by HE Nuth Un Vanra, D...
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