Investment and Funding
S.Korea Contributes US$10M for Demining Project in Three Cambodian Provinces
South Korea has provided US$10 million to Cambodia for the fourth phase of demining projects (2021-2025) in three provinces, according to His Excellency Senior Minister Ly Thuch, First Vice President of the Mine Authority, on March 20, 2023. The project, called Demining for Success, was launched in 2006 and has cleared a total of 322.87 […]
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Cambodia Receives US$31M from Mekong-Lanchang Cooperation
Cambodia has received US$31 million from the Mekong-Lanchang Cooperation (MLC) Special Fund to support 80 development projects, including infrastructure, according to HE Prak Sokhon, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation. In celebration of “Mekong-Lan Chang Cooperation Week 2023”, HE Prak Sokhon stated that the MLC Special Fund has responded to […]
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Cambodia’s Stronger National Budget Reduces Dependence on Foreign Loans for Infrastructure Development, Says PM Hun Sen
Cambodian Prime Minister Samdech Hun Sen has revealed that the country’s strengthened national budget has helped reduce the need for foreign loans for infrastructure development. Speaking at the fourth phase launch of the Public Financial Management Reform Program on March 20, the prime minister stated that in the past, two-thirds of the national budget was […]
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Japan Provides Over US$200K to Build Bridge & Strengthen Chicken Production in Cambodia
The government of Japan has granted a total of US$209,197 for a bridge construction project and a project to strengthen the value chain of Khmer chicken production in Cambodia. The signing ceremony of the grant agreement between HE U Inu Atsushi, Ambassador of Japan to Cambodia, and the representative of the recipient institution took place […]
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Gov’t Invests US$1.34 Billion in Loans, 64% to Infrastructure in 2022
The Cambodian government withdrew US$1.34 billion from concessional loans in 2022, with 64% of the amount being utilised for infrastructure development, according to the Cambodian Public Debt Statistics Bulletin. The funds were allocated to various infrastructure sectors; US$446 million for transportation, US$105 million for energy, US$138 million for irrigation and US$68 million for water […]
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South Korea Loaned Almost US$2bn to Cambodia, US$1.6bn Signed
South Korea has loaned Cambodia almost US$2 billion in concessional loans since 2001, according to discussions between Cambodian Deputy Prime Minister Aun Porn Moniroth and Kim Kyung Hee, Director General of the Ministry of Economy and Finance of South Korea, held on 9 March 2023. The loans have been used to support development projects in […]
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Japan Provides Over US$300k to Support Education & Disabilities Sector in Cambodia
The Government of Japan provides a sum of over US$300,000 to three institutions in Cambodia for the implementation of rural education and rehabilitation programs. This announcement was made following signing of a grant agreement between HE Ou Noo Atsushi, Ambassador of Japan to Cambodia, and representatives of the three beneficiaries on the afternoon of 6 […]
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US Pledges to Attract More US Investors to Cambodia
Six major US companies have expressed their commitment to help attract more US investors to Cambodia during a meeting with HE Senior Minister Sun Chanthol, Minister of Public Works and Transport, and the delegation of the US-ASEAN Business Council. The companies include ConocoPhillips, Ford (RMA Group), Pfizer, Visa, and Vriens & Partners. The meeting was […]
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Trusts Register with Total Capital of US$730m as of February 2023
Cambodia’s Trust Regulator (TR) has reported that 492 trusts have been registered as of 23 February 2023, with a combined capital of US$735 million. The Commercial Trust sector has the largest number of trusts, accounting for 66% of the total registered capital at US$492 million, followed by Financial Trust at US$174 million and Public Trust […]
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In Four Months, PP-SHV Expressway Generated Almost US$11 Million
The Phnom Penh-Sihanoukville Expressway earned almost US$11 million in the first four months since the start of traffic charging on 1 November 2022 to 28 February 2023, according to the Ministry of Public Works and Transport. The ministry further announced that it is continuing to work with operators to enhance the provision of expressway services […]
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