Investment and Funding
E-Mart 24 Makes Grand Entrance to Cambodian Market, Aims for 100 Store Milestone Next Year
The retail landscape of Cambodia is set to experience a dynamic shift as E-Mart 24 Inc., the renowned South Korean convenience store chain, unveils its plans to make a resounding debut in the country. In a strategic move projected to redefine convenience, E-Mart 24 is slated to open its first Cambodian branch in the first […]
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EU Reaffirms US$1.5 Billion to Catalyse Cambodia’s Development
The European Union (EU) has reaffirmed its unwavering dedication to Cambodia’s advancement, earmarking an impressive Euro 1.43 billion (equivalent to US$1.5 billion) for pivotal developmental pursuits which was announced in a Ministry of Foreign Affairs and International Cooperation press release on 16 August 2023. This substantial financial commitment takes centre stage in the Common European […]
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Thailand Exploring Investment Prospects & Collaborative Ventures Across Three Cambodian Locations
A high-level delegation from the Thai Chamber of Commerce has embarked on a comprehensive exploration of three strategic special economic zones within Cambodia. This concerted effort seeks to unravel the rich tapestry of trade, investment, and partnership opportunities, poised to contribute an estimated US$2 billion to the economic landscape. The announcement follows a significant meeting […]
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Cambodia’s Ambitious Climate Agenda Requires US$7.8 Billion for Implementation
Cambodia has set its sights on robust climate change protection, with a financial requirement of approximately US$7.8 billion to realize its commitments under the United Nations Framework Convention on Climate Change (Nationally Determined Contribution: NDC). HE Tin Ponlok, a key advocate for Cambodia’s environmental priorities, emphasized this need during a productive bilateral working meeting with […]
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NPA Germany Grants US$2.1m to Clear 1,600 ha of Landmines in Three Cambodian Provinces
Norwegian People’s Aid (NPA) Germany has bestowed a transformative grant of US$2.1 million upon the Cambodian Mine Action Centre (CMAC). This significant grant, officially announced by CMAC on 3 August 2023, stands poised to pave the way for a groundbreaking demining initiative spanning three provinces and covering a vast expanse of 1,600 hectares. The impetus […]
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ADB Catalyses Cambodia’s Skill Renaissance with US$100m Investment in Industrial & Technological Expertise
In a significant stride towards Cambodia’s future workforce empowerment, the Asian Development Bank (ADB) has confirmed a commitment to a US$100 million loan. The strategic infusion is poised to reshape Cambodia’s economic trajectory, propelling it towards a vibrant landscape of industry and technology, underpinned by an enriched and skilled labour force. In an official press […]
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Cambodia Achieves Successful Bond Issuance of US$27 Million in H1-2023, Equal to 13.5% of Plan
The Cambodian government has successfully issued bonds worth a total of US$27 million in the first half of 2023. This remarkable achievement signifies a substantial step towards the realisation of the planned US$200 million issuance, according to the release of the Ministry of Information on 31 July 2023. The Ministry of Information’s release on 31 […]
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Cambodia Attracts Tech Giants: Korean & Chinese Firms Explore Setting Up Advanced Factories
Cambodia’s fervent drive to foster technological progress and human resource development in the realm of cutting-edge industries is attracting the attention of major international players from China and South Korea. Diving into a realm of potential, these global giants are earnestly evaluating the feasibility of establishing advanced technology factories within Cambodia, including the pivotal domain […]
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Australia Grants Over AUD83.6 M to Foster Key Sectors in Cambodia
Australia has extended its support by providing an official development assistance of AUD83.6 million (over US$ 56.5 million). This commitment is aligned with Australia’s dedication to enhancing economic and social prosperity in Cambodia and marks a step towards reinforcing the strong bilateral ties between the two nations. The development assistance, as outlined in a letter […]
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FDI in Cambodia Surges to US$45 Billion in Q1 2023
In an impressive display of investor confidence, Cambodia’s foreign direct investment (FDI) has soared to over US$45.8 billion in the first quarter of 2023. According to a report from the National Bank of Cambodia, the country has witnessed a steady inflow of capital from major sources including China, South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, […]
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