Gov’t Greenlights Three Major Malaysian Projects to Establish High-Tech Economic Zone & Halal Industries in Cambodia

The Cambodian government has given the nod to three significant projects proposed by the National Chamber of Commerce and Industry (NCCIM) in Malaysia. These ventures encompass the establishment of a high-tech economic zone, a technology development initiative, and an ecological project for the halal food industry in Cambodia. The approval was conveyed during the Cambodia-Malaysia Business Foru...

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Japanese Firm, Minebea Cambodia, to Establish US$650m SEZ on 50ha of Land in Pursat

Minebea Cambodia is set to embark on its second investment project, allocating approximately US$650 million to acquire a 50-hectare plot in Pursat province, where it plans to establish a special economic zone. The decision was announced by HE Sun Chanthol, Deputy Prime Minister & First Vice President of the Council for the Development of Cambodia during an interview on 24 February 2024. HE ...

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SATO KOGYO Secures Contract to Build World’s Largest Mine-Shaped Museum in Siem Reap

The project to construct the world's largest mine museum in Siem Reap, along with a training facility at the Technical Institute for Mine Action in Kampong Chhnang, has officially entered the construction phase. The construction agreement was formalized through a signing ceremony between the Japanese company SATO KOGYO CO., LTD and the Cambodian Mine Action Center (CMAC) on February 14, 2024, as a...

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Cambodia’s Takhmao Techo International Airport Nears Completion with 64% Milestone

In a significant stride towards becoming Asia's largest and most advanced airport, Takhmao Techo International Airport (TTIA) in Cambodia has marked an impressive 64.1% completion of its first-phase construction as of February 8, 2024. Mr. Sin Chanserivutha, the Undersecretary of State and Spokesman for Civil Aviation provided this update during an inspection alongside Dr. Mao Havanal, Minister in...

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A New Epoch Unveiled: Ministry of Industry’s “Techo Sen” 18-Storey Building Officially Launched

In a landmark event, the Ministry of Industry, Science, Technology, and Innovation ushered in a new era with the official inauguration of its towering 18-storey office building, named "Techo Sen." Presiding over this momentous occasion was Samdech Hun Manet, Prime Minister of Cambodia, on February 21, 2024. The grand edifice, strategically situated along Norodom Blvd, stands as a testament to C...

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Arey Ksat Bridge Construction Set to Commence in Early 2025, Signaling Major Infrastructure Milestone

The commencement of the Cambodia-Korea Friendship Bridge Project is anticipated to take place at the genesis of 2025. Cementing the commitment to this significant infrastructure development within Cambodia, a meeting was held on 21 February 2024. HE Peng Ponea, the country's Minister of Public Works and Transport, was joined by HE Park Jung-wook, the esteemed Ambassador Extraordinary and Plenip...

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Cambodia’s Notable Factory Boom, 241 New, Amid Nearly 100 Closures in 2023

A considerable swell in Cambodia's industrial landscape has been seen through 2023—a year marked by both substantial growth and notable challenges. According to the latest findings from the Ministry of Industry, Science, Technology, and Innovation (MISTI), the kingdom celebrated the launch of 241 new factories. Yet, it grappled with the closure of 98 industrial units, underscoring a complex narrat...

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NR No. 10 Connecting Battambang-Koh Kong Progress Exceeds 77% Completion

Embarking on a transformative journey, the construction of NR No. 10, linking Koh Kong to Battambang via Pursat, has achieved a significant milestone, with over 77.81% of the colossal project now completed. This remarkable progress, revealed by Mr. Phorn Rim, the Ministry of Public Works and Transport's spokesperson, on his Facebook page on 17 February 2024, underscores Cambodia's commitment to ad...

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Westports Holdings Explores External Investors for US$8.3bn Expansion Amidst Southeast Asia’s Port Race

Westports Holdings Bhd., Malaysia's largest port operator, is contemplating the inclusion of external strategic investors to facilitate the funding of its ambitious 39.6 billion ringgit (US$8.3 billion) expansion. The plan involves nearly doubling the port's capacity over the coming decades, positioning it as a key player in the competitive Southeast Asian port landscape, according to Bloomberg on...

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Banyan Group Unveils Ambitious US$2bn Luxury Residential Project in Phuket Amid Real Estate Resurgence

In a strategic move to capitalize on the resurging demand in the post-COVID-19 real estate landscape, Singapore-based Banyan Group has declared plans to construct the largest luxury residential venture on the pristine shores of Phuket, Thailand. As reported by Asia Nikkei on 1 February 2024, the US$2 billion Laguna Lakelands project is poised to set new benchmarks in opulent living, according to A...

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