Economic development
New 49-Hectare Logistics Hub Set to Transform Sihanoukville into a Premier Regional Trade Gateway
Government officials and investors convene to unveil the first phase of the Sihanoukville Logistics Center aimed at bolstering Cambodia’s global competitiveness The Sihanoukville Logistics Center (SHV-LC), a strategic initiative by the Royal Government of Cambodia, is poised to take shape on approximately 49 hectares of land in the near future. The project’s vision was recently highlighted during...
Read MoreCambodia and South Korea Strengthen Strategic Ties Across Six Key Sectors
High-level meeting between Prime Minister Hun Manet and Ambassador Kim Chang Yong reinforces commitment to economic growth and regional security The Royal Government of Cambodia and the Republic of Korea have reaffirmed their commitment to deepening bilateral cooperation across six priority sectors, aiming to elevate the relationship between the two nations to new heights. This pledge was forma...
Read MoreSix Cambodian Provinces Will Receive a $174 Million Investment, With Kratie Alone Getting $450 Million
Six provinces across Cambodia are set to benefit from a substantial economic surge as new investment projects totaling approximately $174 million prepare to break ground. This expansion is further bolstered by the official approval of a landmark $450 million tire manufacturing facility in Kratie province, highlighting a period of rapid industrial growth and diversification within the Kingdom. T...
Read MoreWorld Bank Reaffirms Strategic Support for Cambodia’s Path to High-Income Status by 2050
Vice President Carlos Felipe Jaramillo identifies five key sectors to drive job creation and sustainable economic growth The World Bank has pledged to continue its robust support for Cambodia’s ambitious economic agenda, focusing on five high-potential sectors designed to accelerate job creation and elevate the Kingdom’s socio-economic standing. The commitment was underscored during a high-leve...
Read MoreSouth Korean Ambassador Pledges to Attract Major Strategic Investments to Cambodia
Strategic partnership and Korean technical expertise expected to drive high-value economic growth and technological modernization The Ambassador of the Republic of Korea to Cambodia, His Excellency Kim Chang Yong, has officially pledged to promote large-scale investment projects to the Kingdom, aiming for significant shared economic achievements. This commitment was made during a high-level meeti...
Read MoreFrench Parliamentarian Pledges to Expand Investment in Cambodia Across Seven Key Sectors
High-level meeting between the Council for the Development of Cambodia and the French-Cambodian Friendship Group focuses on innovation and mutual economic growth The French National Assembly’s Friendship Group has committed to encouraging high-potential French businesses to launch and expand their operations in Cambodia, specifically targeting seven strategic sectors. This commitment was highlight...
Read MoreCambodia’s Marble Sector Contributes Nearly $40 Million to State Revenue Over Three Years
Minister Keo Rattanak highlights the growing economic impact of the stone industry during the inaugural Cambodia Marble Association assembly Cambodia’s marble and ornamental stone industry has emerged as a significant contributor to the national treasury, generating nearly $40 million in royalties and export duties over the last three years. This figure was revealed by His Excellency Keo Rattanak,...
Read MoreThree Decades of Growth: Chinese Ambassador Applauds Cambodia’s Rapid Economic Transformation
Ambassador Wang Wenbin reaffirms China's unwavering confidence in the Kingdom’s development trajectory as GDP swells from $2.7 billion to over $46 billion Cambodia’s remarkable economic journey over the last thirty years has been hailed as a testament to the nation's resilience and strategic vision. Speaking at the 2025 Annual General Assembly and the 30th Anniversary of the Chinese Chamber of Co...
Read MoreAccelerating Economic Growth: Cambodia’s Tire Industry Surpasses $1 Billion in Export Revenue
Strategic industrial diversification pays off as the Kingdom exports over 30 million tires to major global markets in 2025 Cambodia’s manufacturing landscape has achieved a historic milestone, with the tire industry emerging as a formidable driver of national export growth. In 2025, the Kingdom generated a remarkable 1.383 billion dollars from the export of more than 30 million tires to internatio...
Read MoreCambodia Unveils Visionary Master Plan to Transform Chrey Thom into Strategic Trade Gateway
New international border infrastructure in Kandal province set to modernize customs operations and accelerate economic integration with Vietnam The Royal Government of Cambodia has initiated a comprehensive master plan to overhaul the Chrey Thom International Border Gate, a move designed to cement its status as a premier economic hub on the southern trade corridor. During a high level inter-minist...
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