English 
ខ្មែរ 
Investment and Funding
CDC Encourages Chinese Firms to Invest in Domestic Raw Material Production, Aiming to Boost Self-Sufficiency in Cambodia
In a bid to reduce reliance on imports, Cambodia's Council for the Development of Cambodia (CDC) is actively courting Chinese investment in domestic raw material production, according to a meeting held on 15 May 2024. Secretary General of the Board of Investment of Cambodia, HE Chea Vuthy, met with a delegation from China's Zhejiang Construction Investment Group Co., Ltd., led by the Chairman o...
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A New Frontier for Conservation: US$520k Canal Project to Shield Techo Sen Russey Trep National Park
In a significant conservation effort, the Royal Academy of Cambodia unveiled plans on 5 May 2024 for the construction of a 52-kilometre-long canal to safeguard the expansive Techo Sen Russey Trep National Park. Spanning 6 metres in width and 2.5 metres in depth, this ambitious US$520,000 project aims to encircle and protect over 10,000 hectares of vital natural habitat located within Preah Vihear ...
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Cambodia Attracts Nearly US$20bn in Industrial Investments in Q1-2024
In a remarkable surge of industrial investment, Cambodia has secured close to US$20 billion in industry-related investments during the first quarter of 2024, marking a substantial increase of 13.55% compared to the same period in 2023. This significant milestone was announced by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, during the official inauguration of the Toyota ...
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ADB Released Unprecedented US$23.6bn for Asia-Pacific’s Climate & Development Challenges in 2023
In a landmark move, the Asian Development Bank (ADB) has earmarked a staggering US$23.6 billion for assistance in 2023, with a significant portion, US$9.8 billion, dedicated to combating climate change across the Asia-Pacific region. This announcement, made in a press release dated 25 April 2024, marks the highest annual financing allocated by the ADB for climate action, underscoring its commitmen...
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PPAP Marks Robust Growth with 7% Revenue Increase, More Than US$8m, in Q1 2024
The Phnom Penh Autonomous Port (PPAP) has reported a significant revenue increase of 7% in the first quarter of 2024, totalling US$8,064,657, as compared to the corresponding period in 2023. This financial uplift, detailed in a press release dated 12 April 2024, the port's growing economic influence in the region. A breakdown of the earnings reveals a 12% increase in port operations revenue, am...
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Cambodia-China Bilateral Trade Surges to US$10bn, 4.6% Up, in First 10 Months of 2023
Cambodia's trade with China flourished in the first 10 months of 2023, with bilateral trade volume reaching an impressive US$10 billion, marking a notable 4.6% increase compared to the previous year. This announcement was made by National Assembly President Samdech Khuon Sodary during a productive working meeting with HE Zhang Qingli, Vice Chairman of the 13th National Committee of the Chinese Pol...
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Royal Railway Cambodia to Introduce High-Speed Train Network in June
Royal Railway Cambodia has announced plans to revolutionise Cambodia's transportation sector with the launch of high-speed trains connecting Phnom Penh to Sihanoukville and Poipet by June 2024, as reported by Apsara TV on 22 April 2024. The upcoming trains, ordered from Japan, are set to operate at speeds ranging between 90 and 110km per hour, a significant improvement compared to the current s...
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Australia’s 30-Year Commitment: Catalysing Cambodia’s Development Across Key Sectors with US$1bn in Aid
For three decades, the Australian Government has been instrumental in Cambodia's development journey, extending over US$1 billion in official development assistance to bolster pivotal sectors within the nation. This landmark contribution underscores Australia's unwavering commitment to Cambodia's progress, as highlighted in a press release by the Ministry of Foreign Affairs and International Coope...
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Manhattan SEZ to Expand Operations in Svay Rieng Province
In a significant move aimed at bolstering economic development in Cambodia, Manhattan Special Economic Zone (SEZ) has announced plans for further expansion in Bavet city, Svay Rieng province, in collaboration with Singapore's SJ Group. The announcement came following a high-level meeting between HE Sun Chanthol, Deputy Prime Minister and first Vice President of CDC, Mr. Clement Yang, Director G...
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World Bank Allocates US$35 Million for Climate-Resilient Road Project in Cambodia
The World Bank has greenlit an additional US$35 million credit to fortify road infrastructure against climate change impacts in three Cambodian provinces, as announced in a recent press release. This allocation, approved by the World Bank’s Board of Executive Directors on 15 March, supplements the ongoing Cambodia Road Connectivity Improvement Project (RCIP), aimed at enhancing access to markets, ...
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