EU Reaffirms US$1.5 Billion to Catalyse Cambodia’s Development

The European Union (EU) has reaffirmed its unwavering dedication to Cambodia's advancement, earmarking an impressive Euro 1.43 billion (equivalent to US$1.5 billion) for pivotal developmental pursuits which was announced in a Ministry of Foreign Affairs and International Cooperation press release on 16 August 2023. This substantial financial commitment takes centre stage in the Common European ...

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Kampong Speu Prepares for Influx of 25 Chinese Factories by Year End

By the close of 2023 or early 2024 at the latest, Kampong Speu anticipates the establishment of 25 factories from Chinese investors seeking to establish a significant industrial foothold. This ambitious endeavour was unveiled through an official announcement on 15 August 2023, featured on the Facebook page of HE Vy Samnang, Governor of Kampong Speu Province. The resolute decision to welcome the...

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Battambang City’s Independence Monument & Historical Park Officially Inaugurated

The long-awaited Samdech Krala Hom Park Independence Monument, Suon Thnong 53 Independence Monument and Betim Rubber Road in Battambang city, a captivating fusion of architectural marvels and lush landscapes, was inaugurated on 16 August 2023, presided over by Samdech Krala Hom Sar Kheng, Deputy Prime Minister and Minister of Interior. The legacy of the Independence Monument's groundbreaking da...

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China Invests US$3.95bn on UHV DC Transmission Line to Connect Two Regions

China has taken another monumental step towards its clean energy goals as the construction of an ultra-high voltage direct current (UHV DC) transmission line spanning an impressive 1,634km has commenced. The State Grid Corporation of China, the driving force behind this visionary project, revealed that it involves a substantial investment of approximately US$3.95 billion (28.1 billion CNY), accord...

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Sihanoukville’s Third Wastewater Treatment Plant Worth US$20M Successfully Completed

A significant achievement in environmental infrastructure has been marked by the completion of Sihanoukville's third wastewater treatment plant. The announcement was made following an inspection visit by the National Committee for Coastal Management and Development of Cambodia, led by HE Deputy Prime Minister Chea Sophara, on 11 August 2023. Harnessing the cutting-edge Membrane Aerated Biofilm ...

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Koh Pich-Koh Norea Bridge Linked by End August, Ready for Grand Opening by November

The Koh Pich-Koh Norea Bridge, built by OCIC, is reaching its final phases of construction. The much-awaited link that will seamlessly unite the bustling hub of Koh Pich with the allure of Koh Norea is set to be physically connected by the end of August. The entire construction process is expected to culminate by October, paving the way for a momentous soft inauguration in early November. In an...

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Japanese Investors Forge Unique Path with Traditional Elderly Haven in Kampong Speu

The allure of Cambodia's real estate, agriculture, and craftsmanship opportunities has captured the attention of Japanese investors. These forward-thinking entrepreneurs have set their sights on crafting a haven of tranquility and cultural resonance – a traditional Japanese village tailored exclusively for the elderly. Dr. Mong Reththy, the visionary General Director of Mong Reththy Group, shar...

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MPT Plans to Build Community Technology Centres at 558 High Schools Nationwide

The Ministry of Posts and Telecommunications (MPT) has set forth an ambitious plan to establish community technology centers at 558 high schools nationwide, signaling a resolute commitment towards advancing digital development. This visionary initiative was unveiled by HE Chea Vandeth, Minister of Posts and Telecommunications, during the distinguished inauguration ceremony of the UNESCO Data Scien...

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Samdech Techo Inaugurates Ring Road 3, Now Completed at Whopping US$464m

The highly anticipated inauguration of Ring Road 3, a testament to connectivity and progress, was celebrated under the leadership of Samdech Hun Sen, PM of Cambodia on 3 August 2023. Symbolising a beacon of sustainable development, the grand inauguration of Ring Road 3, after a colossal investment of US$464 million, resonated as a triumph of cross-border cooperation and steadfast commitment to ...

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Cambodia Attracts Tech Giants: Korean & Chinese Firms Explore Setting Up Advanced Factories

Cambodia's fervent drive to foster technological progress and human resource development in the realm of cutting-edge industries is attracting the attention of major international players from China and South Korea. Diving into a realm of potential, these global giants are earnestly evaluating the feasibility of establishing advanced technology factories within Cambodia, including the pivotal doma...

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