Policy and Strategy
Cambodia Unveils 10-Year Plan, Prioritising Transport & Logistics Sector Development
Cambodia has identified the transport and logistics sector as its top priority in a new 10-year development plan for 2025–2035 to modernize infrastructure and foster economic growth. The Royal Government of Cambodia confirmed this decision on 3 December 2024 as part of a comprehensive strategy to strengthen public-private partnerships and enhance key infrastructure such as […]
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Cambodia Extends Incentives to USD 40 Million Steel Manufacturing Project in Sihanoukville
The Cambodian government has granted special incentives to Huale Steel (Cambodia) Co., Ltd., a steel manufacturing company in Sihanoukville, with an investment capital of USD 40 million. This decision was finalized during a meeting led by HE Dr. Hean Sahib, Chairman of the Investment Promotion Working Group for Sihanoukville Province, on 25 November 2024. The […]
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PM Halts Issuance of Brewery Licenses for Domestic Distribution to Bolster Market Stability
In a landmark decision to regulate Cambodia’s brewery industry, PM Samdech Hun Manet announced a ban on issuing new licenses for breweries targeting the domestic market. The announcement was made during the closing ceremony of the Ministry of Mines and Energy’s annual meeting, summarising 2024 results in November. PM Hun Manet clarified that breweries focused […]
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CDC Unveils Groundbreaking Investment Project Management System to Boost Investor Confidence
The Council for the Development of Cambodia (CDC) has officially launched the innovative “CDC Investment Project Management System (cdcPM),” a state-of-the-art digital platform designed to simplify and streamline the investment application process. This system allows investors to apply from anywhere and anytime, enhancing efficiency, reducing processing times, and ensuring greater transparency and integrity in Cambodia’s […]
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Ministry of Mines & Energy Embarks on Strategic Refinery Investments to Bolster Oil Supply
The Ministry of Mines and Energy has unveiled plans to invest in refinery projects to secure a stable and sustainable oil supply for Cambodia, with projections to generate approximately USD 12.35 million in state revenue by 2024. During the ministry’s annual meeting on 21 November 2024, HE Keo Rattanak, Minister of Mines and Energy, emphasized […]
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Cambodia Officially Withdraws from CLV Development Triangle, Focuses on National Infrastructure Projects
Cambodia has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), marking a shift in its regional development strategy. The decision was formalized through the promulgation of the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA and will take effect upon the completion of […]
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Thailand Looks to Revamp Real Estate Laws with Cambodia’s Leasehold Model in Focus
Thailand is revising its real estate laws to attract foreign investment, proposing significant amendments to extend lease terms from the current maximum of 30 years to up to 99 years. This initiative, championed by Finance Minister Pichai Chunhavajira, is aimed at revitalizing the country’s sluggish economic growth and addressing rising household debt. The proposed changes, […]
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Cambodia Enforces Nationwide Closure of Illegal Border Crossings to Combat Transnational Crimes
The Cambodian Ministry of Interior has ordered the immediate closure of all illegal border crossing points nationwide, implementing stringent measures to enhance border security and address cross-border crimes. Effective 13 November 2024, the directive mandates provincial governors in border regions to enforce these measures, with accountability measures in place to ensure compliance. Under the new […]
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China Construction America Ordered to Pay USD 1.6bn Over Conflict of Political Interests
A New York court has ordered China Construction America Inc. (CCA), a subsidiary of Chinese state-owned China State Construction Engineering, to pay USD 1.6 billion to BML Properties, the original owner of the Baha Mar casino resort in the Bahamas after the contractor was found to have committed “many acts of fraud” during its takeover […]
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Cambodia Launches National Committee to Oversee Forest Protection Land Grant Program
In a landmark effort to promote sustainable development, His Majesty King Norodom Sihamoni has signed a Royal Decree (No. នស/រកត/១១២៤/១៤១២) to establish a National Committee tasked with implementing the Forest Protection Land Grant Program. This initiative aims to provide social land concessions to homeless individuals and impoverished families for housing and agriculture while safeguarding forests […]
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