Projects Development
Siem Reap’s Old Airport Set to Transform into Entertainment Hub by AIAI
Siem Reap Angkor International Airport Investment Company (AIAI) has unveiled plans to revitalise the former Siem Reap International Airport into a vibrant entertainment hub within the province. HE Sin Chanserevutha, spokesperson for the State Secretariat of Civil Aviation, announced on 5 March that AIAI has secured the rights to oversee the development of the old […]
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Cambodia’s First Quarter Sees Surge in Investment: US$2.2bn Infusion
In a dynamic start to 2024, Cambodia’s investment landscape has witnessed a significant boost, with the Council for the Development of Cambodia (CDC) greenlighting 106 new projects and production expansions. These ventures boast a colossal investment sum of US$2.2 billion, promising over 170,000 employment opportunities. This pivotal development was disclosed in a press release by […]
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Kratie & Stoeng Treng Welcome New Landfills Valued at Nearly US$10m
In a significant move to enhance hygiene and well-being, Kratie city in Kratie province and Stoeng Treng city in Stung Treng province have officially inaugurated two state-of-the-art landfills, collectively valued at nearly US$10 million. The momentous occasion took place during the official opening ceremony presided over by HE Peng Po, Minister of Public Works and […]
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More than 20 Thai Firms Explores Investment Opportunities in Kratie Province
More than 20 Thai companies, led by the Thai Embassy in Cambodia, are actively seeking business and investment prospects in Kratie province. This initiative aims to bolster trade volumes and foster economic collaboration between Cambodia and Thailand, particularly within the new economic zone linking both nations. The visit, headed by HE Chheut Kiet, Ambassador of […]
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Battambang Province Flourishes with Over 700 Enterprises, Generating 150,000 Jobs
Battambang province boasts a thriving economic landscape, with more than 700 enterprises and 17 factories contributing to the employment of nearly 150,000 individuals as of the first quarter of 2024, according to official data reported by AKP Battambang on 29 March 2024, the province’s economic vitality is underscored by its diverse industrial sectors, including agricultural […]
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Kampong Cham Province Plans Construction of Tourism Standard Port
The Ministry of Public Works and Transport (MPWT), in collaboration with the Kampong Cham Provincial Administration, conducted an inspection and evaluation of a potential site along the riverbank in Kampong Cham city for the development of a tourism port. Led by HE Kim Sann, Under-Secretary of State of the MPWT, and Mr Heng Vanny, Deputy […]
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Saudi Arabia to Welcome World’s First ‘Dragon Ball’ Theme Park Covering 500km2
Toei Animation has announced that Saudi Arabia will be the site of the world’s inaugural theme park based on the beloved “Dragon Ball” franchise, marking a significant milestone in entertainment ventures. The Japanese studio has entered into a strategic partnership with the Saudi government’s Public Investment Fund (PIF), with the latter funding construction and associated […]
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UNIDO Partners with Cambodia to Pave the Way for Green Industrial Parks
The Ministry of Industry, Science, Technology & Innovation (MISTI) of Cambodia has joined hands with the United Nations Industrial Development Organisation (UNIDO) to spearhead the development of eco-industrial parks (EIPs) in the country, fostering a sustainable approach to industrial growth. In an official meeting held on 26 March, HE Hem Vanndy, Minister of MISTI, along […]
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Cambodia and Laos Discuss Plans for Border Crossing Bridge
Cambodian government and the Government of Laos PDR are in talks regarding the construction of a border crossing bridge, enhancing bilateral cooperation between the two nations. PM Samdech Hun Manet of Cambodia and PM HE Sonexay Siphandone of Laos PDR deliberated on this significant project during their meeting in Vientiane on March 25. The proposed […]
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Thirteen Korean Companies Eye Increased Investment in Cambodia
Thirteen prominent Korean companies, led by Mr Hacheong Yun, Director General of the Korea Trade and Investment Promotion Agency (KOTRA Phnom Penh), have expressed keen interest in expanding their investment footprint in Cambodia. The delegation met with Deputy PM Sun Chanthol to explore lucrative investment opportunities, capitalising on Cambodia’s promising economic landscape. During the meeting, […]
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