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ខ្មែរ Uncategorized
CRBC Advances Phnom Penh-Siem Reap-Poipet Expressway Project, Anticipates Completion of Feasibility Study in 2024
- 14 December 2023
China Road and Bridge Corporation (CRBC) is conducting a preliminary feasibility study for the Phnom Penh-Siem Reap-Poipet Expressway. The latest update from the first meeting of the Inter-Ministerial Commission held on 13 December, highlighted CRBC's commitment to completing the feasibility study for the Phnom Penh-Siem Reap section by February and the Siem Reap-Poipet section by May 2024. The...
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Gov’t Unveils Transformative Irrigation & Drainage System Projects in West Tonle Sap & Phnom Penh
- 13 December 2023
The Minister of Water Resources and Meteorology (MWRM) officially launched the West Tonle Sap Irrigation and Drainage System Rehabilitation Project, showcasing Cambodia's commitment to agricultural advancement. The event also marked the commencement of the Southwest Phnom Penh Irrigation and Drainage System Rehabilitation Project under Japanese development assistance. The momentous ceremony was pr...
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Cambodia Inks Concessional Loans Worth US$1 Billion With Development Partners Amidst a 17% Dip
- 13 December 2023
In the initial nine months of 2023, the Royal Government of Cambodia demonstrated strategic financial prowess by securing new concessional loan agreements with development partners, totaling a significant US$1 billion. This accomplishment, outlined in the Cambodian Public Debt Statistics Bulletin by the Ministry of Economy and Finance, reflects a tactical utilization of financial resources, consti...
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Japan Extends Generous Grant of US$300,000 to Safeguard Historic Sambor Prei Kuk Resort
- 12 December 2023
In a gesture of cultural preservation, the Government of Japan has announced a generous grant of US$300,000 to Cambodia for the enhancement and rehabilitation of the Sambor Prei Kuk resort in Kampong Thom province. A press release from the Embassy of Japan in Cambodia on 12 December 2023, highlighted Japan's commitment to supporting the "Human Resource Development Project for the Maintenance an...
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SAP Surges Ahead with 20.14% Increase, Notching Profit of US$28 Million in First Nine Months of 2023
- 12 December 2023
In a robust financial performance, Sihanoukville Autonomous Port (SAP) proudly reported a stellar net profit of 117,933,270,000 riels, equivalent to over US$28 million, marking an impressive surge of 20.14% during the initial nine months of 2023 compared to the same period in 2022. Delving into the financial details, SAP's total revenue collection for this period reached 264,567,991,000 Riels, ...
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Government Greenlights 21 New Projects in November, Attracting Investments of US$619 Million
- 11 December 2023
The Council for the Development of Cambodia (CDC) gave the green light to 21 new projects in November 2023. This strategic move, encapsulating a total investment of nearly US$619 million, is poised to generate approximately 22,000 job opportunities, marking a significant leap forward in the nation's economic trajectory, according to a CDC press release on 8 December 2023. Highlighted among thes...
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Cambodia & Singapore Unveil US$12 Million State-of-the-Art Cashew Processing Plant in Kampong Thom
- 11 December 2023
CSNC Agriculture, a dynamic Cambodian-Singaporean venture, proudly inaugurated its state-of-the-art cashew processing plant Valued at US$12 million, in Sno village, Trapeang Russey commune, Kampong Svay district, Kampong Thom province. The groundbreaking ceremony, held on 6 December 2023, witnessed the presence of Mr. Kong Vimean, Secretary General of the General Secretariat of the Council for...
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Vietnam’s Ceramic Industry Soars: Ranks Among Top 10 Global Producers
- 10 December 2023
In a remarkable achievement for Vietnam's construction sector, Deputy Minister of Construction Nguyen Van Sinh announced that the country has secured a prestigious spot among the world's top 10 construction ceramic producers. Notably, Vietnam stands out as the world leader in ceramic tile output, claiming the impressive fourth position globally. This revelation, reported by vietnam.postsen.com on ...
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LSCG Group in Partnership with Chinese Company: Unveils Plans for New US$804m Industrial Zone Near Phnom Penh
- 10 December 2023
In a groundbreaking collaboration, Mr Ly Sok Chhay, General Director of LSCG GROUP, has joined forces with a prominent Chinese company to embark on a joint venture – an investment of US$804 million to establish a sprawling 500-hectare industrial zone in Phnom Penh. Expressing the vision behind this ambitious project, Mr Ly Sok Chhay disclosed the company's quest for approximately 500 hectares o...
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Cambodia Seeks Support from China to Establish a Natural Resource Data Management Centre
- 9 December 2023
In a pivotal move, the National Assembly of Cambodia has extended a proposal to the Standing Committee of the Guangxi Provincial People's Congress in the People's Republic of China to establish a natural resource management data center aimed at enhancing the development of vital fish and rice corridors. This transformative initiative was discussed during a significant meeting between HE Dr Cheam Y...
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