Economic development
Accelerating 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...
Read MoreCambodia and Vietnam Unveil New International Border Gate to Double Trade and Deepen Partnership
Meuchey-Tan Nam Border Crossing Elevated to International Status, Symbolizing Economic and Friendship Ties On December 8, 2025, the Prime Minister of Cambodia, Samdech Thipadei Hun Manet, and the Prime Minister of Vietnam, His Excellency Pham Minh Chinh, officially inaugurated the Meuchey-Tan Nam International Border Gate. During the ceremony, both Prime Ministers regarded the Meunchey-Tan Nam...
Read MoreCambodia and World Bank Plan $260 Million Financing Agreement for 2026
Partnership Aims to Accelerate Cambodia's Growth and Development, Focusing on Key Sectors The Royal Government of Cambodia and the World Bank (WB) are planning to sign a $260 million financing agreement for 2026. This significant funding is intended to accelerate Cambodia’s growth and development. This announcement follows a meeting and press release detailing the discussion between Deputy Pri...
Read MoreKandal Province Ranks Second in Registering Informal Economy Workers
Strategic Province Drives National Registration Campaign, Following Closely Behind Phnom Penh Kandal province continues to lead other provinces in registering informal economy workers, establishing itself as a strategic province with a large population and an economy closely linked to the Phnom Penh capital. This update was provided by His Excellency Hem Vanndy, Minister of Industry, Science, ...
Read MoreCambodian Government Invests USD40 Million to Stabilize Rice Prices During Harvest Season
In a decisive move to address the challenges posed by falling rice prices, the Cambodian government has allocated an additional USD40 million as part of the Royal Government’s Special Financing Program. This initiative aims to support rice procurement during the critical harvest season. According to a recent press release from the Agricultural and Rural Development Bank (ARDB), the government i...
Read MoreTwo Institutions Unite to Bolster Cambodia’s Rural Economy
In a significant move to enhance local enterprises and support the rural economy, the Ministry of Agriculture, Forestry, and Fisheries has joined forces with the Cambodian Chamber of Commerce by signing a Memorandum of Understanding (MoU). The event took place as part of the Program for Supporting Rural Economy and Trade in Agricultural Products (ASPIRE-AT). The MoU aims to strengthen the capac...
Read MoreCambodia-Malaysia Trade Volume Approached USD 1 Billion by 2024
In a remarkable boost for regional economic ties, Cambodia and Malaysia are on track to achieve nearly USD 1 billion in bilateral trade by 2024. This optimistic projection follows a significant meeting held on August 12, 2025, between the Cambodian Chamber of Commerce and the China-Malaysia Chamber of Commerce, which aimed at strengthening business relations between the two nations. During the ...
Read MoreBridge Construction Over Bassac River Progresses Steadily
The construction of the bridge spanning the Bassac River between Chak Angre Krom and Prek Pra is taking shape, with the project now 36% complete, according to a recent report from the Ministry of Public Works and Transport. As of mid-June 2025, significant strides have been made on the bridge. The overall impact resolution process is nearing completion, with 98% of the necessary arrangements fi...
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