Cooperation and networking Archives - Page 46 of 53

SSEZ: A Vital Link between Cambodia and China in the Belt and Road Framework

Sommana Yan
10 July 2023

The Sihanoukville Special Economic Zone (SSEZ) stands as a monumental achievement, serving as a vital bridge connecting Cambodia and China within the framework of the ambitious Belt and Road Initiative. This collaborative project has not only brought economic prosperity but has also created employment opportunities for tens of thousands of Cambodians. Liu Lianchi, the deputy managing director o...

CICC Unveils Five Transformative Projects to Foster Siem Reap’s Development

Sommana Yan
30 June 2023

The Cambodia International Trade Association (CICC) has recently announced the launch of five groundbreaking projects aimed at driving the growth of Siem Reap province and generating employment opportunities for its residents. This momentous revelation came to light during a meeting between Mr. Johnny Mo, Director of the International Trade Association of Cambodia (CICC), and HE Tea Seiha, Governo...

Booyoung Group’s Milestone Agreement: 1,000 Modern Buses to Enhance Cambodia’s Transportation Network

Sommana Yan
30 June 2023

Booyoung Khmer II Co., Ltd., a prominent subsidiary of BOOYOUNG GROUP from the Republic of Korea, has inked a significant agreement with the Cambodian government to provide a total of 1,000 buses in three phases. The official press release by the Ministry of Economy and Finance on June 29, 2023, sheds light on this remarkable collaboration. Under this agreement, Booyoung Khmer II Co., Ltd. will...

Cambodia Signs Concessional Loans Worth US$488 Million, Bolstering Public Investments for Sustainable Growth

Sommana Yan
22 June 2023

Cambodia's commitment to fostering sustainable economic growth and driving public investments received a significant boost in the first quarter of this year, as the Cambodian government inked new concessional loan agreements with development partners. The total amount of these loans reached an impressive US$488 million, propelling the country's public debt to US$10.23 billion as of March, accordin...

JICA Extends Support to Cambodia for Second Phase of Water Pollution Management

Sommana Yan
19 June 2023

The Japan International Cooperation Agency (JICA) has once again extended its assistance to Cambodia, initiating the second three-year Pollution Management Capacity Building Project. The project, set to commence in 2023, aims to strengthen Cambodia's water pollution management capabilities with the support of JICA. The official signing of the project took place on June 13, 2023, between JICA an...

China Extends US$2 Million Grant to Cambodia for 9 Transformative Projects under Mekong-Lancang Cooperation

Sommana Yan
16 June 2023

China has generously allocated a grant of US$2 million to Cambodia through the Mekong-Lancang Cooperation, empowering the implementation of nine vital projects within the country. This noteworthy financial assistance was extended under the auspices of the Special Fund Agreement for the 2023 Mekong-Lancang Cooperation Project, a testament to the enduring partnership between the two nations. T...

Elevating Economic Ties: Cambodia and UAE Forge Comprehensive Economic Partnership Agreement

Sommana Yan
11 June 2023

In a momentous stride towards enhancing economic cooperation and fostering greater investment opportunities, Cambodia and the United Arab Emirates (UAE) have officially signed a Comprehensive Economic Partnership Agreement (CEPA). The signing ceremony, presided over by Samdech Hun Sen, Minister of Cambodia, witnessed the presence of HE Pan Sorasak, Minister of Commerce, and HE Thani Bin Ahmed Al Z...

Cambodia and Japan Collaborate on Logistics System and Bavet Border Crossing Expansion

Sommana Yan
11 June 2023

In a significant stride towards enhanced connectivity and trade facilitation, the Ministry of Public Works and Transport (MPWT) of Cambodia has joined forces with Japan International Cooperation Agency (JICA) to embark on Phase II of the Cambodia Logistics System Improvement Project (CLIP2). Furthermore, they have unveiled plans to establish a new border crossing at Bavet, as confirmed during the ...

Two Giant companies Jointly Introduce Cambodia’s First Seaplane Service

Sommana Yan
10 June 2023

In a remarkable partnership that paves the way for unprecedented travel experiences, the esteemed Royal Group, led by Nak Oknha Kith Meng, has joined forces with Chinese-Hong Kong company Seaplane Asia Limited to establish Cambodia's inaugural seaplane service. This groundbreaking collaboration was revealed through a social media post by Mr. Phan Natt on June 9, 2023, signaling a new era of sea...

WANLI TIRE, A Giant company from Guangzhou China, Explores Lucrative Investment Prospects in Cambodian Tire Production

Sommana Yan
1 June 2023

In a significant move that could boost Cambodia's manufacturing market, WANLI TIRE CORPORATION LIMITED, a prominent tire manufacturer based in Guangzhou and Hebei, People's Republic of China, has expressed keen interest in investing in tire production within Cambodia. During a meeting held on May 30, 2023, HE Chea Vuthy, Deputy Secretary General of the Cambodian Investment Committee / Cambodian...