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ខ្មែរ Cooperation and networking
Major Chinese Firm Looking for SEZ to Infuse US$500 Million in Cambodia
- 4 November 2023
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...
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Royal Group & TotalEnergies Join Forces for Cambodia’s Renewable Energy & GHG Reduction Initiatives
- 3 November 2023
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...
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Cambodian Gov’t Ambitious Vision: Securing US$2.2 Billion Loan for Key Sector Development by 2024
- 3 November 2023
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...
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New Thai Gov’t Adopts Fresh Approach in Offshore Oil Field Negotiations with Cambodia
- 2 November 2023
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 ...
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Four Wellknown European Firms Eye Expansion & Investments in Cambodia’s Thriving Markets
- 31 October 2023
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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Vietnam & Cambodia Collaborate to Boost Trade Efficiency and Reduce Shipping Costs
- 30 October 2023
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 t...
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ADB Commits to Boosting Investment in Cambodia’s Irrigation & Climate Resilience
- 28 October 2023
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 Bank in Cam...
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Korea Boosts Cambodia’s Climate Analysis Capabilities with $3 Million High-Tech System
- 27 October 2023
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 y...
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Minebea Embarks on a New Era of Renewable Energy Investment in Cambodia
- 26 October 2023
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 King and President of the Cambo...
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Japan’s Generous Contribution Enhances Land Surveying and Registration in Cambodia
- 26 October 2023
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 ...
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