Japan grant US$18M to Cambodia to develop water supply system in southwest of Phnom Penh

Cambodia has received a loan of 2,482 million yen (approximately US$ 18.24 million) from Japan for the implementation of the second phase of the project to improve and rehabilitate Phnom Penh's southwestern irrigation and drainage system. The loan agreement was signed between His Excellency Prak Sokhon, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom...

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Chinese Mining Company to Launch Gold Production in Mondulkiri Province

Rong Cheng Industrial Investment Co., Ltd., a Chinese-based company, is set to commence gold exploration and refining in Mondulkiri province after completing its production infrastructure. According to HE Sorn Sarun, Deputy Governor of Mondulkiri Province, the company has been granted a legal license to explore gold ore in the province, and has already conducted test production, yielding over 2 ki...

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AEON 3 Mall worth US$290 million officially opened

AEON (Cambodia) Co., Ltd. has opened its third shopping mall, AEON Mall Meanchey, located on Samdech Techo Blvd. in Phnom Penh. The grand opening ceremony was held on 7 April 2023, with HE Dr HUN Manet in attendance. After four months of trial operation, the mall is officially open to the public. The AEON 3 shopping mall project is the largest of the three AEON shopping malls in Cambodia, with ...

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Prince Group Announces Plans for 88-Meter-High Buddha Statue in SHV

Canopy Sands Development Co., Ltd. has announced plans to build an 88-meter-high Buddha statue in Ream Commune, Preah Sihanouk Province. The statue, which will be the third project of its kind, is part of the company's ongoing efforts to promote Khmer culture and architecture in Cambodia. This 88-meter-long Buddha statue will be erected in Ream Commune, Preah Sihanouk Province. According to the...

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Rattanakiri Province Attracts 27 Private Companies for ELC Investment, 85% Vietnamese based

Rattanakiri province, with its favourable geographical and climatic conditions, has attracted a total of 27 private investment companies in the past five years to invest in economic land concessions (ELC), covering over 110,000 hectares. Over 85% of these companies are Vietnamese-based, according to Rattanakiri Provincial Governor HE Nhem Samoeun. Director of the Provincial Department of Agricu...

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Cambodia Produces 6 Tons of Gold from Mondulkiri So Far

Cambodia's first commercial gold miner, Renaissance Minerals (Cambodia) Ltd, has so far refined a total of 6,000 kg of gold ore in the Okvau area of Mondulkiri province's Keo Seima district, according to HE Sorn Sarun, Deputy Governor of Mondulkiri Province. In a press conference on "Success in the past 5 years" of Mondulkiri Provincial Administration on 6 April 2023, HE Sorn Sarun stated that ...

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The Gov’t plans to build a large water treatment plant to supply three provinces in eastern Cambodia

China Civil Engineering Corporation (CHINA CIVIL ENGINEERING CONSTRUCTION CORPORATION) is currently studying the feasibility of building a large water treatment system to supply three major provinces in eastern Cambodia and will be completed by the end of May, according to the meeting between His Excellency Senior Minister Cham Prasidh and the delegation of CCECC on April 3, 2023. TONY WONG, vi...

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Cambodia, Laos jointly studies two priority locations to open a new border crossing

Cambodia and Laos have announced plans to open a new border crossing that will connect Phu Vong district in Attapeu province of Laos to Vern Sai district of Ratanakkiri province in Cambodia. The two countries are currently studying two possible locations for the crossing, according to HE Nhem Sam Oeun, Governor of Ratanakkiri Province 4 April 2023. The first location is at post 103 between Vern...

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Cambodia and Korea Sign US$1.6 Billion Concessional Loan Agreements for Development Projects

Cambodia and Korea signed 32 concessional loan agreements worth a total of US$1.6 billion to finance 29 development projects and programs by 2022. This was announced during a courtesy call between HE Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, and HE Park Jung-Wook, Korean ambassador to Cambodia, on 3 April. Under the framework of the concessional loan from 2001...

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New Rehabilitation Center in Poipet Nears Completion, Aiding Victims of Human Trafficking

The New Rehabilitation Center in Poipet, valued at US$2.3 million, is now over 55% complete, with the remaining work scheduled to finish in August 2023. A recent site visit conducted by HE Nhek Vannara, Secretary of State of the Ministry of Social Affairs, Veterans and Youth Rehabilitation, confirmed the progress. The center aims to aid the victims of human trafficking, providing them with hope...

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