Policy and Strategy
Belt and Road Initiative book to enhance China – Cambodia friendship
The 11 October launch of the book ‘Belt and Road Initiative (BRI) and Its Implications for Cambodia’s Development’ is intended to enhance the friendship between China and Cambodia. Speaking at the launch event, Zuo Wenxing, a political counsellor of the Chinese embassy to Cambodia admired the group of scholars for making the book a reality. […]
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PM Hun Sen commits to transforming Sihanoukville into the most important SEZ
Cambodia’s Prime Minister Samdech Techo Hun Sen has vowed to transform Sihanoukville into Cambodia’s most important Special Economic Zone (SEZ) which requires the government to develop critical infrastructure. The commitment was made during a meeting between Samdech Techo Hun Sen and Mr Li Yong, Director General of the United Nations Industrial Development Organization (UNIDO) held […]
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Ban on online gambling shrinks real estate activities in Sihanouvkille, but opportunity arises
The recent ban by the Cambodian government on online gambling has caused many Chinese nationals to leave the busy city of Sihanoukville with real estate activities affected as a result. However, experts remain optimistic that this change will create new opportunity for the industry. Speaking at the real estate market review held on 11 October, […]
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ADB: Well-organised transport networks and affordable housing stimulate economic growth
Strengthening the efficiency of transport networks and reasonably-priced housing are a major contributors to keeping the economic engine firing on all in cylinders in Cambodia as well as in other Asia countries. Ear Sophal, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles said being stuck in a traffic jam […]
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Rooftop solar PV installation can reduce climate change risk and increase investment
Rooftop solar PV or known as Solar Photovoltaics installation has been mentioned as one of the solutions to reduce the risk of climate change and increase more investment in the report of De-Risking Renewable Energy Investment in Cambodia (DREI). The National Council for Sustainable Development (NCSD) recently launched two reports, ‘Addressing Climate Change and Economic […]
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ADB says real estate credit poses challenge to Cambodia’s GDP growth
The Asian Development Bank (ADB) has recently forecasted that Cambodia’s GDP to grow at 7.0% this year while suggesting that the country should reduce financial risk poses by credit on the real estate sector. According to the recent press release of its latest report, Cambodia’s growth remains driven by the four traditional sectors such as […]
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Cambodia to use income from oil sector on infrastructure development
The Cambodian government has announced that income from the oil sector will be used to build infrastructure such as roads, bridges, and airports. The remarks were made ahead of the first drop of oil expected to be extracted in Cambodian waters by the end of this year or earlier next year. Speaking at a graduation […]
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Land ministry announces land use master plan 2035 for Siem Reap
The Ministry of Land Management Urban Planning and Construction (MLMUPC) published the land use master plan 2035 for Siem Reap on 20 September which will serve as a basis for the land management and development direction of the province. Base on this master plan vision, the government will design and develop ‘Siem Reap City as […]
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Cambodia, Thailand agree to resume OCA talks
After nearly two decades of hiatus, Cambodia and Thailand have agreed to resume talks on development of their overlapping claims area (OCA) on offshore oil fields, on the principle that it should be developed based on mutual interests. The agreement to resume talks was made in a meeting between the Cambodian Ministry of Mines and […]
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Cambodia, Thailand discuss on energy cooperation
Cambodia and Thailand discussed on Thursday on energy cooperation as Thailand have surplus energy generation and Cambodia is in need to increase power. According to Bangkok Post reported today, the discussion meeting was held between Ministry of Mines and Energy led by H.E. Suy Sem and his Thai counterpart Sontirat Sontijirawong in Bangkok in the […]
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