English 
ខ្មែរ 
Economy and Finance
Cambodia economy gets boosted with US$2.7 billion airport investment
Along with steady economic growth, Cambodia needs billions of dollars in investment to improve its aviation sector to help facilitate trade as well as accommodate the 15 million air passengers expected to enter the country by 2030. While improving the aviation sector is part of the government’s plan to push the country to become an upper-middle-income economy by 2030, Cambodia over the past few...
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IMF Research: Increase property tax to advance economic growth in Cambodia
A new research paper funded by the International Monetary Fund (IMF) suggests Cambodia should increase property tax to fund billions of dollars of infrastructure spending, a move that will help advance economic growth. Published on 06 September, the ‘IMF Working Paper: Advancing Inclusive Growth in Cambodia’ analyses how increasing either property tax, VAT, or income tax can secure the funding ...
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Government boosting establishment of more SEZs along border areas
The Council for the Development of Cambodia (CDC) is studying and seeking greater understanding on investment and trade to compile a mechanism to boost the establishment of more special economic zones (SEZ) along border areas, while drafts of a new law on investment and a new law on special economic zones has been completed. CDC Secretariat General H.E. Sok Chandasophea said that boosting indus...
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US$100 million budget approved for infrastructure in Sihanoukville
On 04 September 2019, the Cambodian government approved a US$100 million budget for the construction and rehabilitation of infrastructures in Sihanoukville. The budget was approved after some significant physical infrastructures such as roads and natural waterways were damaged amid rising construction, increasing residents, garbage, and heavy rainfalls. In a 2-page press release, the Ministr...
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Cambodia, Thailand discuss on energy cooperation
Cambodia and Thailand discussed on Thursday on energy cooperation as Thailand have surplus energy generation and Cambodia is in need to increase power. According to Bangkok Post reported today, the discussion meeting was held between Ministry of Mines and Energy led by H.E. Suy Sem and his Thai counterpart Sontirat Sontijirawong in Bangkok in the sidelines of the meeting of ASEAN Energy Ministe...
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Chinese investors asked to invest in affordable housing project
Phnom Penh Municipality has asked a group of Chinese investors to invest in the real estate sector, building affordable housing for sales to civil servants and people who have low incomes. In a meeting on Tuesday 03 September, H.E Khuong Sreng, governor of Phnom Penh Municipality told the China-based World Hakka Business Association led by its chairman Li Kam Chung that the project will get sup...
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Cambodia received over US$500 million financing aid from Japan in the past three years
According to the Ministry of Economy and Finance, Cambodia has received a total of US$550 million in Official Development Assistance (ODA) from Japan over the past three years, most of which has been spent on infrastructure development. This statistic was announced during the farewell meeting for the Japanese ambassador to Cambodia H.E. Hidehisa Horinouchi with the Finance Minister H.E. Aun Por...
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Preah Sihanoukville set to become sustainable national development hub
Based on the 2030 vision of Urban Planning, the Cambodian government has set Preah Sihanoukville province as a sustainable national development hub in the country’s coastal area, as province booms with investment and tourists. The urban planning report states that Preah Sihanoukville province will be a hub of a modern city, a world’s beautiful beach resort, a multi-purpose special economic zone...
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Ministry of Planning proposes US$14.4 billion budget for public investment
The Ministry of Planning is proposing a US$14.4 billion budget for public investment projects which is set to get approval from the cabinet in an upcoming meeting. The proposed plan would mean that Cambodia needs about US$14.4 billion for 608 public investment projects in various sectors for a period of three years 2020-2023. Speaking with government news agency Agence Kampuchea Presse (AKP)...
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Over 16,000 km of roads rebuilt by 2018 says Transport Minister
By the end of 2018, a total of more than 16,000 kilometres of national and provincial roads have been restored and rebuilt, according to the Minister of Public Works and Transport. H.E. Sun Chanthol provided the statistics while reading the achievement report to Deputy Prime Minister Samdech Sar Kheng at the inauguration ceremony of five bridges in Battambang Province on 14 August. (Read More) ...
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