Cambodia’s Economic Boom: A Game-Changer in 2024
In a bold leap towards unprecedented economic growth, Cambodia has unveiled the approval of 10 new special economic zones, marking a significant milestone in 2024 with investments poised to reach a staggering USD 850 million. This strategic expansion is set to generate approximately 4,000 new jobs, heralding a transformative era for the nation’s economic landscape. […]
WANLI Tire Breaks Ground on New Factory in Svay Rieng, Promising Jobs and Economic Growth
In a move poised to boost Cambodia’s economy significantly, WANLI Tire has officially begun construction on a state-of-the-art tire manufacturing facility in the Sin Bavet Special Economic Zone. The groundbreaking ceremony was led by HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, marking a pivotal […]
Techo International Airport Crowned as World’s Leading Architectural Marvel for 2025
In a remarkable accolade for Cambodia, Techo International Airport has been named one of the 11 most spectacular architectural creations in the world by CNN, marking a significant achievement for the nation as it forges ahead into the future of aviation. This prestigious recognition was announced on January 1, 2025, positioning the airport at the […]
PENINSULA BAY INVESTMENT CO., LTD Announces Ambitious USD 1 Billion Expansion in Sihanoukville
In a bold move to transform Sihanoukville’s landscape, PENINSULA BAY INVESTMENT CO., LTD has unveiled plans to invest an additional USD 1 billion to develop new hotels, shopping malls, and entertainment venues. This announcement was made during a recent project update, revealing the company’s commitment to enhancing the vibrant coastal province of Preah Sihanouk. Project […]
In 2024, Cambodia receives more than 400 investment projects worth USD 6.9 billion
Cambodia has achieved a remarkable milestone in 2024, with the Council for the Development of Cambodia (CDC) approving 414 investment projects worth a total of USD 6.9 billion. This marks a 54% increase in the number of projects compared to 268 in 2023 and a 40% rise in investment capital from USD 4.927 billion in […]
SHV Multi-Purpose Economic Zone Targets USD 20 Billion Investment to Transform the Province
Sihanoukville’s ambitious multi-purpose economic zone development project is set to attract over USD 20 billion in investments from private sector investors and international development partners over the next 15 years. This transformative initiative, championed by the Cambodian government, aims to revitalise the province’s economy, elevate local incomes, and establish Sihanoukville as a leading logistics hub […]