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ខ្មែរ Uncategorized
Gov’t Unveils Special Program to Revitalise Stalled Real Estate Projects in Sihanoukville
- 2 February 2024
In a bid to invigorate economic growth and industrial development, the Cambodian government, led by Prime Minister Samdech Hun Manet, officially inaugurated an ambitious special program to promote investment in Sihanoukville on 31 January 2024. The initiative introduces a comprehensive set of measures designed to facilitate and incentivize three distinct categories of investment in the province. ...
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Vital Irrigation & Drainage Rehabilitation Project in Southwest Phnom Penh 10% Complete
- 2 February 2024
The Roleang Chrey and Stung Bati sub-projects of the Irrigation and Drainage Improvement and Rehabilitation Project in the southwest of Phnom Penh have successfully achieved a commendable 10% completion. This milestone was reported by the Ministry of Water Resources and Meteorology (MoWRM) on 30 January 2024. During his visit to the project sites, HE Minister Tho Chetha emphasized the crucial r...
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ADB Grants Cambodia US$40m to Build National School of Local Administration in Prek Pnov
- 1 February 2024
The Asian Development Bank (ADB) has committed a US$40 million loan to fund the construction of the National School of Local Administration in Prek Pnov. The groundbreaking ceremony, presided over by HE Dr Sar Sokha, Deputy Prime Minister, and Minister of Interior on 19 January 2024, marked the initiation of a transformative project set to unfold on an expansive 8-hectare site in Trapeang Veng Vil...
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World Bank Outlines Key Reforms to Elevate Cambodia to Upper-Middle-Income Status, Government Affirms Implementation Progress
- 1 February 2024
Proclaiming the government's dedication, Prime Minister Hun Manet has said, "The government steadfastly adheres to its commitment in realizing the aspiration of becoming an upper-middle-income country by 2030 and ultimately achieving a high-income country by 2050." His unwavering commitment was underscored during a poignant address at the Cambodia Development Resource Institute conference in Novem...
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Cambodia’s Economic Odyssey: Anticipated 6.4% Growth in 2024
- 31 January 2024
The economic landscape of Cambodia is poised for robust expansion, with the National Bank of Cambodia forecasting a growth rate of approximately 6.4% in 2024. This optimistic projection, surpassing the 5.5% estimate for 2023, hinges on key sectors such as tourism, manufacturing, agriculture, and construction. In its comprehensive report on the economic and banking sector update for 2023 and the...
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Tbong Khmum Governor Courts Malaysian for High-Stakes Renewable Energy Venture
- 31 January 2024
HE Cheam Chansophorn, Governor of Tbong Khmum Province, spearheaded discussions with the prominent Malaysian renewable energy powerhouse, Sunview Group Berhad, represented by its subsidiary Fabulous Sunview Sdn on January 15, 2024. The agenda focused on enticing the Malaysian giant to channel investments into transformative projects centered around renewable energy and poverty reduction within Tbo...
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Mizuda Sanitation Unveils Ambitious Plan to Transform Phnom Penh’s Waste into Electricity
- 30 January 2024
Mizuda Sanitation (Cambodia) Co., Ltd., a key waste collection operator in Phnom Penh for the past three years, is gearing up to venture into electricity generation from waste. The revelation came during a meeting between Mr Shan Jianming, President of Mizuda Group, and Samdach Hun Manet, Prime Minister, on 29 January 2024. Mr Shan Jianming highlighted Mizuda Sanitation's pivotal role in waste ...
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US WMF Restores Glory & Hands Over Three Angkor Temples Upon Maintenance Completion
- 30 January 2024
In a momentous ceremony marking the 35th anniversary of its mission, the United States World Monument Fund (WMF) officially handed back three meticulously restored Angkor temples to the Apsara Authority. Presided over by Dr Pheung Sakona, Minister of Culture and Fine Arts, the handover on 26 January 2024, signifies the successful completion of extensive restoration work undertaken by the WMF. T...
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Monivong Flyover Reaches Significant Milestone: Officially Connected, 80% Complete
- 29 January 2024
The Monivong flyover, spanning the intersection of Monivong Blvd., Samdech Techo Hun Sen Blvd., and Yothapol Khemarak Phoumin Blvd (St. 271), has achieved a dual milestone. The official connection of the flyover's main line was celebrated at a bridge connection ceremony presided over by HE Khuong Sreng, Governor of the Board of Governors of Phnom Penh on 29 January 2024. According to updates fr...
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Satellite LOTUSat-1 to Carry Vietnam’s Dream into Space by End of 2024
- 28 January 2024
Vietnam is on the brink of a historic technological feat as it prepares to launch its maiden radar technology satellite, LOTUSat-1, into orbit by the close of 2024. The LOTUSat-1, a 600-kilogram marvel of cutting-edge radar technology, is a testament to Vietnam's ambitious foray into space exploration and satellite imagery. Set to be finalised in March 2024, the satellite is poised to capture t...
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