Policy and Strategy
Extended Savings: Expressway Company Announces 20% Discount Continuation for ETC and ANPR Users
In a generous move to support its users, the expressway company has declared an extension of the 20% discount for a further six months exclusively for ETC and ANPR users, a decision that underscores the company’s commitment to fostering economic growth and promoting the transport sector in Cambodia. This announcement, made on 24 April 2024, […]
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Cambodia Launches 1 Million Trees Plant Initiative While Enforcing Forest Protection Laws
Cambodia has embarked on an ambitious reforestation drive, aiming to plant at least 1 million trees annually to significantly expand its forest cover by more than 60% by 2050, announced HE Eang Sophalleth, Minister of Environment, at the National Workshop on Investment in Climate Change Adaptation through Agro-Ecological Landscape Restoration on 22 April 2024. The […]
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Cambodia Forges Ahead with Double Taxation Agreement Negotiations to Spur Foreign Investment
Cambodia is making significant strides in its efforts to attract foreign investment by intensifying negotiations on double taxation agreements (DTA) with seven additional countries. Revealed in the latest bulletin from the General Department of Taxation, published on April 18, 2024, this proactive approach underscores Cambodia’s commitment to fostering a conducive environment for international investment. The […]
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The Gov’t Unveils Ambitious Plan to Transform Villages into “Rural Borey”, Modern Rural Communities
Samdech Hun Manet PM of Cambodia revealed the Royal Government’s groundbreaking initiative to establish “rural boreys,” aimed at elevating the living standards of provincial residents. The announcement came during the conclusion of the Ministry of Rural Development’s gathering on March 20, 2024. “Rural Borey entails the transformation of villages into well-equipped communities, complete with essential […]
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Australia Commits US$262 Million to Boost ASEAN Maritime and Development Initiatives
In a significant move to strengthen development and security in Southeast Asia, Australia has announced an infusion of an additional US$262.5 million into its programs in the region. This financial commitment was unveiled by Foreign Minister Penny Wong at the outset of the ASEAN-Australia Special Summit held in Melbourne on Monday, 4 March 2024, according […]
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Phnom Penh Set to Become Pinnacle Destination for Investors & Tourists with Ambitious Infrastructure Project
In a strategic move to elevate Phnom Penh to new heights of allure for both investors and tourists, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC), in collaboration with relevant ministries and institutions, is spearheading a groundbreaking infrastructure project. During the Inter-Ministerial Meeting on Infrastructure Management in Phnom Penh held on 13 February […]
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Okhna Pung Kheav Se Leads 74 CCA Members and 133 Companies Organising Cam-International Construction Exhibition
In a spectacular celebration of milestones, the Cambodian Construction Association (CCA) illuminated its 13th anniversary with the grand event, “Summit on Annual Progress Report and Inauguration of Cambodia-International Construction Industry Exhibition.” Held at the prestigious Koh Pich Conference Hall from 6-8 December 2023, the gala was presided over by HE Para Mangol, Secretary of State, […]
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Cambodian Gov’t Explores Opportunity to Open for Foreign Ownerships in Landed Property (Borey)
The Ministry of Land Management, Urban Planning, and Construction, in collaboration with the Cambodian Housing Developers Association, convened a high-stakes meeting to deliberate the legal framework surrounding the potential expansion of property ownership rights for foreigners in Borey projects. Chaired by HE Deputy Prime Minister Say Sam Al and Ohkna Ly Hour, President of the […]
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BRI Forum Brief: China Shifts from Building Major Infrastructure to Focusing on Digital Connectivity
In an era of evolving global dynamics, China’s Belt and Road Initiative (BRI) is poised for a transformative second decade, signaling a shift towards more efficient, market-oriented, and less debt-burdened projects. President Xi Jinping’s recent pronouncement on the future of BRI as “small yet smart” is underpinned by valuable lessons learned. This strategic shift comes […]
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Cambodia’s Industrial & Agricultural Sectors Receive Special Electricity Discounts to Boost Production
The Ministry of Mines and Electricity of Cambodia, in conjunction with the Electricity Authority of Cambodia, has announced a significant reduction in electricity prices for industrial and agricultural consumers nationwide. This strategic move aims to stimulate the expansion of production, factories, and enterprises, ultimately generating employment opportunities and income for the population. This initiative was […]
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