Projects Development
Hong Kong International Airport Surpasses Changi to Become Asia’s Leading Hub in 2024
Hong Kong International Airport has overtaken Singapore’s Changi Airport to claim the prestigious title of “Asia’s Leading Airport” at the 2024 World Tourism Awards, according to Seasia on 9 September 2024. This marks a significant milestone, as Changi Airport had held this top position for several consecutive years before the pandemic. The win highlights Hong […]
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Japan Eyes Major Investment in Battambang, With Advanced Technology Capable of Converting 1 Ton of Waste to 700 Litres of Oil
Sougo Tatemono Service Inc. from Japan has expressed a strong interest in transforming Battambang province’s plastic waste into fuel oil, showcasing a breakthrough technology that converts 1 ton of pure plastic into 600 to 700 litres of oil. The company’s representatives introduced this technology in a meeting with Battambang’s Governor, HE Sok Loo, and the […]
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Cambodia & South Korea Strengthen Partnership to Accelerate Rural Development Through New Village Movement
On 12 September 2024, Cambodia and South Korea solidified their commitment to enhancing rural development in Cambodia by signing a Memorandum of Understanding (MoU) under the New Village Movement project. The MoU, signed between Kyungsangbukdo Province of South Korea and Cambodia’s Asian Cultural Council, highlights a renewed focus on boosting rural infrastructure, promoting agricultural innovation, […]
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Cambodia Allocates Over USD 62m for Three New Buildings at Calmette Hospital to Boost Healthcare Capacity
Cambodia has committed over USD 62 million to construct three new buildings at Calmette Hospital in Phnom Penh, reinforcing the nation’s healthcare infrastructure. The groundbreaking ceremony for the project was presided over by PM Samdech Hun Manet on 16 September 2024. The project, which includes a 25-storey main building, a parking facility, and the Cyclotron […]
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Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and HE Kim Jin-pyo, former Speaker of the National Assembly of the Republic […]
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Chinese Wanli Stone Eyes Investment in SEZ with Ambition to Expand Marble Business in Cambodia
China’s Wanli Stone, currently operating a thriving marble and granite business in Kampong Speu province, is exploring further investment opportunities in Cambodia with plans to develop a special economic zone (SEZ). This announcement followed a meeting on 8 September 2024 between HE Sun Chanthol, Deputy PM and first Vice President of the Council for the […]
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Leading Chinese Firm Eyes Major Investment in Cambodia’s Agriculture & Livestock Sector
Shan Cun Group, one of China’s largest agricultural investors, has revealed plans to explore significant investments in Cambodia’s agriculture and livestock sectors. This announcement was made during a meeting on 5 September 2024 between HE Yun Heng, Deputy Secretary General of the Cambodian Investment Committee, and a delegation from Shan Cun Group. During the meeting, […]
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SHV’s New 253-Metre Container Port Inaugurated with Japanese Aid
A new 253-metre-long container terminal at Sihanoukville Autonomous Port was officially inaugurated on 12 September 2024, marking a significant expansion for Cambodia’s primary port. Attended by PM Samdech Hun Manet, the ceremony highlighted the terminal’s modernized capabilities. The port now includes advanced container lifts and loading equipment, boosting the port’s capacity from 550,000 TEU to […]
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Cambodia Approves USD 1.2bn in Investments for 53 Projects in August, Creating Over 33,000 Jobs
In August 2024, the Council for the Development of Cambodia approved 53 new projects, amounting to over USD 1.2 billion in investments, set to create more than 33,000 jobs nationwide. Of these, 46 projects are new investments, while seven are production expansion initiatives. A total of 31 projects will be developed outside Special Economic Zones […]
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Cambodia Secures USD 2m in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects
Cambodia has been granted a USD 2 million special fund from the 2024 Mekong-Lanchang Cooperation (MLC) to support the development of eight strategic projects, according to a press release issued by the Ministry of Foreign Affairs and International Cooperation on 3 September 2024. These projects span critical sectors such as tourism, demining, agriculture, rural development, […]
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