Nippon Koei & Inoue Calcium Target Cambodian Cashew Processing Industry

Two foreign companies, Nippon Koei Business Partners Co., Ltd. and Inoue Calcium Corporation, are set to make significant investments in Cambodia’s growing cashew processing sector. They aim to enhance the quality of cashew nuts for export, particularly to Japan. On 30 January 2025, two important meetings took place that could impact the future of Cambodia's agricultural export landscape. The f...

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Cambodia’s Real Estate Market Faces Mixed Signals Amid Regional Benchmarks

Cambodia's commercial real estate market reveals significant challenges with office occupancy rates at 65.1%, well below the international benchmark of 85-90%, while maintaining premium rents at $27 per square meter, according to the "Fearless Forecast" report presented by CBRE Cambodia Chairman Marc Townsend at Novotel Phnom Penh BKK1 on 14 January 2025. The retail sector faces similar headwin...

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Cambodia to Establish Private Business Centres in the UK & India to Attract Investors

Cambodia is set to establish private trade centres in London and New Delhi to promote Cambodian products in international markets and draw foreign investors. This initiative was discussed during a meeting on 20 January 2025, between Lok Chumteav Chamnimol, Minister of Commerce, Tycoon Lim Bunsour, CEO of AZ Group, and Mr. Jas Sohl, Director of SOHL. Creating Cambodian private business centre...

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Cambodia Poised for Economic Windfall as U.S. Trade Policy Shifts from Vietnam

Cambodia stands to emerge as a major beneficiary of potential U.S. trade policy shifts, with experts predicting significant manufacturing opportunities if Donald Trump returns to office, particularly as Vietnam faces possible trade tariffs similar to those previously imposed on China, according to 2025 Fearless Forecast shared at a Real Estate Forum in Novotel Phnom Penh by Marc Townsend, Chairman...

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Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy

In a landmark event on 17 January 2025, Sweden's prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna Hammargren, Ambassado...

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Emerging Green Journey: Cambodia’s Electric Vehicle Boom in 2024

In 2024, Cambodia experienced a remarkable increase in electric vehicle registrations, reaching a total of 2,253—a staggering 620% rise compared to 2023. This was confirmed by HE Phorn Rim, the spokesman for the Ministry of Public Works and Transport, on 15 January 2025. This substantial growth indicates a positive shift towards green transportation in Cambodia. HE Phorn Rim stated, "In 2024 al...

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Chinese Mining Firms Eye Expansion in Cambodia’s Potent Resource Sector

In a promising development for Cambodia's mining industry, Beijing Endi (Group) Co., Ltd., a prominent mining investment firm based in China, has set its sights on expanding operations in the kingdom. This ambition was underscored during a pivotal meeting on 15 January 2025, between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and a delegation led by Mr. Tang Changzhong,...

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Chinese Firm Eyes Cambodian Waste-to-Energy Potential

Thien Y Environmental Energy Joint Stock Company, a leading Chinese recycling firm, announced its intention to invest in a waste-to-energy plant in a move set to transform waste management in Cambodia. This initiative aims to convert the kingdom's abundant waste into electricity, creating a sustainable energy source while addressing the pressing issue of waste disposal. The ambitious proposal w...

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WANLI Tire Breaks Ground on New Factory in Svay Rieng, Promising Jobs and Economic Growth

In a move poised to boost Cambodia's economy significantly, WANLI Tire has officially begun construction on a state-of-the-art tire manufacturing facility in the Sin Bavet Special Economic Zone. The groundbreaking ceremony was led by HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, marking a pivotal moment for the region. On an expa...

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Cambodia-ASEAN Trade Volume Exceeded USD 14 Billion in 2024

In 2024, the trade volume between Cambodia and ASEAN member countries surpassed USD 14.3 billion, marking a significant increase of 12.8% compared to the same period in 2023. This data comes from a recent report by the Ministry of Commerce. According to the report, Cambodia's exports to ASEAN countries amounted to over USD 4.620 million, reflecting an 8.87% increase. Meanwhile, imports from ASE...

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