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China Unveils Strategic High-Speed Railway Link to Vietnam, Boosting ASEAN Trade Ties
In a significant move to deepen economic ties with Southeast Asian nations, China has inaugurated the Fangdong Railway, the first high-speed railway connecting a Chinese city on the Vietnam border to the national network. The 47km Fangdong Railway, running between Fangchenggang and Dongxing, emerges as a pivotal infrastructure project, symbolising Beijing's commitment to fostering trade and invest...
Read MoreGov’t Unveils Ambitious 12 Million m3 Reservoir Project to Propel Northeastern Economic Growth
In a strategic move to bolster economic development in Cambodia's northeastern region, the Ministry of Water Resources and Meteorology, in collaboration with the Ministry of Economy and Finance, has successfully implemented the construction of the “Upper Dam, Lower Dam, and O'Te Reservoir”. This monumental project is set to supply a staggering 12 million cubic metres of clean water, catering to th...
Read MorePinnacle of Progress: J Tower 3 Project Breaks Ground in Phnom Penh as ASEAN’s 8th Tallest Marvel
A new icon graces the skyline of Phnom Penh as the J Tower 3 project, the eighth tallest marvel in ASEAN, commenced construction with a groundbreaking ceremony on 27 December 2023. This towering project, valued at over US$150 million, will stand at an impressive 320 metres, encompassing 77 floors, two basements, and a total of 360 units. The visionary development is a collaboration between the ...
Read MoreUS$22m Cambodia-Japan Water Treatment Plant Unveiled in Pursat
The Cambodia-Japan water treatment plant in Pursat, valued at an impressive US$22 million, was inaugurated, marking a significant leap forward in the region's water infrastructure. The official opening ceremony, held on December 28, 2023, was graced by the presence of HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, and HE Ueno Atsushi, Ambassador of Japan to Cambodia. A...
Read MoreChinese Premier Li Spearheads Intelligent Technological Advancements for Sustainable Development in Lancang-Mekong Region
In a visionary move to fortify regional cooperation and technological progress, Chinese Premier Li Qiang took the lead in proposing cutting-edge solutions and sustainable initiatives during the fourth Lancang-Mekong Cooperation (LMC) Leaders' Meeting. The virtual summit, attended by leaders from Cambodia, Laos, Myanmar, Thailand, and Vietnam—the five ASEAN member states traversed by the Mekong Riv...
Read MoreThe Gov’t urge to implement to build a light rail line connecting Siem Reap to the new airport
An inter-ministerial commission with China Metro Group has been pushing for discussions on a light rail development (LRT) project connecting Siem Reap-Angkor International Airport to Siem Reap. This is according to the meeting chaired by HE Sun Chanthol, Deputy Prime Minister, First Deputy Chairman of the Council for the Development of Cambodia, and Chairman of the Inter-Ministerial Commission on ...
Read MorePM Signifies Demographic Census Data as a Compass for Policymaking With Over 750,000 Enterprises Updated
As of March 2022, Cambodia boasts a total of 753,670 operational firms, showcasing a staggering 49% increase compared to the 2011 economic census, which recorded 505,134 enterprises. This significant revelation was released the Ministry of Planning on 26 December under the auspices of Samdech Hun Manet, Prime Minister of Cambodia, which disclosed a remarkable surge in operational enterprises. T...
Read MoreVietnamese Giant Tech FPT Accelerates Tech Footprint in the U.S. with US$100m Investment in Auto Services
Vietnam's technology behemoth, FPT Corporation, has embarked on an ambitious venture into the U.S. automotive sector with the inauguration of FPT Automotive, a specialized unit based in Texas. This strategic move is part of a substantial US$100 million investment earmarked for the automotive industry over the next five years. This is according to the Nikkei Asia on 18 December 2023. FPT Automot...
Read MoreCambodia-Japan Special Economic Zone Unveiled: A Strategic Alliance for Economic Prosperity
In a pivotal meeting between key inter-ministries and a high-level Japanese delegation led by HE Ueno Atsushi, Ambassador of Japan to Cambodia, discussions unfolded on a groundbreaking initiative—the establishment of the Cambodia-Japan Special Economic Zone. Chaired by HE Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia, the meeting aimed t...
Read MoreApple Transfers Key iPad Engineering Resources to Vietnam
In a strategic move, Apple is reportedly channeling product development resources for its iPad to Vietnam, marking a significant shift in its global manufacturing landscape. Collaborating with China's BYD, a pivotal iPad assembler, Apple is set to transfer New Product Introduction (NPI) resources to Vietnam—an unprecedented move for a core device, according to sources briefed on the matter, as rep...
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