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KOICA’s Propels Cambodia’s Socio-Economic Development with US$366.5m Investment

KOICA has played a pivotal role in Cambodia's socio-economic advancement, channelling a substantial investment of over US$366.5 million. This extensive support, spanning from 1991 to 2023, underscores the unwavering commitment of KOICA to fostering progress in Cambodia. The profound impact of KOICA's Official Development Assistance (ODA) is evident across key sectors, with a strategic focus on ...

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Gov’t Unveils Commencement & Conclusion of Third Phnom Penh-Siem Reap-Poipet Expressway

The Ministry of Public Works and Transport (MPWT) unveiled the initiation and culmination points of the eagerly anticipated third Phnom Penh-Siem Reap-Poipet Expressway construction project. This announcement through the official Facebook page of HE Phorn Rim, spokesman for the Ministry of Public Works and Transport, marks a pivotal moment in Cambodia's infrastructure landscape on 25 January 2024....

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MOND Unveils New Building Construction Project in Phnom Penh

The Ministry of National Defence (MOND) officially initiated the groundbreaking ceremony for a visionary project—the construction of a new 9-storey General Command building spanning over 74 hectares in the Boeung Ta Mok (Kob Srov) area, located in Sangkat Kork Rokar, Khan Prek Pnov, Phnom Penh. The auspicious ceremony, presided over by HE General Tea Seiha, Deputy Prime Minister, and Minister of N...

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Cutting-edge Cold Storage Facility Boosts Phnom Penh Port’s Logistics Capacity

A state-of-the-art cold storage warehouse, situated in the LM17 container terminal area of Phnom Penh Autonomous Port, was officially unveiled on 24 January 2024. Presided over by HE Peng Po, Minister of Public Works and Transport, the inauguration marked the establishment of a pivotal infrastructure underlining Cambodia's commitment to modernised and efficient logistics. This latest addition t...

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CAMKO INFRACORE Eyes Cambodia for Global Electric Car Assembly Plant

Korea's CAMKO INFRACORE is contemplating a substantial investment in Cambodia, envisioning the establishment of an electric car assembly plant with a focus on global exports. This ambitious plan was disclosed during a high-profile meeting held on 24 January 2024, between HE Sun Chanthol, First Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, and HE ...

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Road No. 377 Rehabilitation in Kratie Province Achieves 22% Milestone

Marking a significant stride in infrastructure enhancement, the Road Rehabilitation Project for Roads 377 and 377A in Kratie province has reached a commendable 22%, as of January 2024, according to the official announcement from the Kratie Provincial Administration on 21 January 2024. This ambitious project is dedicated to elevating the quality, repair, and maintenance of two pivotal roads with...

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Japan’s Support Elevates Drainage Maintenance & Flood Prevention Expertise in Phnom Penh

Japan extends a helping hand through comprehensive training programs. The culmination of these efforts was marked by the closing workshop of the Japan International Cooperation Agency (JICA) Partnership Program in the Sewerage System, organised jointly by the Department of Public Works and Transport of Phnom Penh and the Office of Water and Sewerage in Kitakyushu, Japan, on 18 January 2024. Thi...

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Indonesia’s Lippo Group Explores Investment Avenues in Cambodia’s Health & Real Estate Sectors

Cambodia has welcomed the interest of Indonesia's renowned Lippo Group in investing in the country's health and real estate sectors. The announcement comes on the heels of a meeting between Prime Minister Hun Manet and Mr John Riady, the CEO of Lippo Group, during the prestigious 2024 World Economic Forum in Davos, Switzerland, on 17 January 2024. During the meeting, Mr Riady shed light on the ...

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Thai PM Calls for Higher Wages & Diverse Incentives for Foreign Investments In ASEAN

Thai Prime Minister Srettha Thavisin has called on leaders of other ASEAN countries, including Malaysia and Cambodia, to work together to find ways to raise minimum wages and propose changes to foreign investment incentives, according to Thailand Business News on 22 January 2024. Speaking at the World Economic Forum in Davos, PM Thavisin emphasized the imperative for Thailand to move beyond the...

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Green Horizon 2050: Cambodia’s Ambitious Forest Cover Pledge and International Nursery Initiative

The Ministry of Environment, under the leadership of HE Eang Sophalleth, has unveiled plans to elevate the nation's forest cover to an impressive 60% by the year 2050. The ambitious strategy includes the establishment of international-scale nursery stations across four provinces, as announced during a meeting with ministry leaders and civil servants on 22 January 2024. The minister explained th...

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