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ខ្មែរ Uncategorized
ADB Fuels Cambodia’s Fiscal Evolution with a US$50m Boost
- 25 November 2023
The Asian Development Bank (ADB) takes a significant stride in fortifying Cambodia's financial landscape, greenlighting a substantial US$50 million loan to bolster the nation's public financial management (PFM) system, encompassing public investment. This noteworthy development is illuminated in an official ADB press release. Jyotsana Varma, ADB Country Director for Cambodia, underscores the pi...
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Japan-Cambodia Association Set to Boost SMEs with New Phnom Penh Headquarters
- 24 November 2023
In a pivotal move to fortify economic ties and promote small and medium enterprises (SMEs), the Japan-Cambodia Association (JCA) unveils plans to inaugurate its office in Phnom Penh. His Excellency Takahashi Fumiaki, President of JCA, confirmed this strategic initiative during a meeting with His Excellency Sar Sokha, Deputy Prime Minister, and Minister of Interior on the afternoon of 22 November 2...
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National Road 48 Upgrade Hits Milestone with 38.26% Completion
- 24 November 2023
The ongoing National Road No. 48 rehabilitation project has reached a significant milestone, achieving 38.26% completion as of 23 November. The project, aimed at enhancing the road's quality and overall infrastructure, is on track for its scheduled completion by the end of April 2025. This progress was updated in a recent inspection led by HE Peng Po, Minister of Public Works and Transport. Dur...
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Koh Norea Aspires to New Heights with a Towering 555-Metre Landmark
- 23 November 2023
In an audacious venture set to redefine Cambodia's skyline, the Overseas Cambodia Investment Corporation (OCIC) unveils plans for a colossal building soaring over 500 metres in the Koh Norea development area. OCIC Deputy General Director, Touch Samnang, confirmed the project on 21 November, revealing that despite initial intentions, the pandemic had temporarily delayed its implementation. Mr Sa...
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KOICA’s US$2M Grant for Svay Rieng Irrigation & Water Supply Study Project
- 23 November 2023
The Korea International Cooperation Agency (KOICA) has bestowed a generous grant of US$2 million for the realisation of a vital feasibility study project. The initiative, focusing on the implementation of the ‘Water Supply and Flood Reduction Measures Project in the Prek Neal Basin in Svay Rieng Province’, marks a collaborative effort between Cambodia's Ministry of Water Resources and Meteorology ...
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World Bank’s Sustainable Move: US$163m Pledged for Water & Sanitation Advancements in Four Cambodian Provinces
- 22 November 2023
In a landmark decision, the World Bank has greenlit a groundbreaking US$163 million initiative aimed at fortifying water and sanitation services across four pivotal provinces in Cambodia—Battambang, Pursat, Mondulkiri, and Kandal. This transformative project, spanning six years, is poised to directly impact over 175,000 individuals, primarily benefiting the marginalised and underserved populations...
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Six Factories Set to Transform Cambodian Industries in Four Provinces with US$32m Investment
- 22 November 2023
The Council for the Development of Cambodia (CDC) has greenlit the registration of six companies. These enterprises are poised to construct state-of-the-art factories, injecting a collective investment of US$32.26 million into the thriving provinces of Kandal, Kampong Chhnang, Kampong Speu, and the bustling capital, Phnom Penh. The CDC announcement on 21 October 2023, signals a significant leap...
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Road to Progress: Cambodia’s NR 5, Prek Kdam to Battambang, Officially Unveiled
- 22 November 2023
NR No. 5, stretching from Prek Kdam to Battambang province, was ceremoniously inaugurated after an extensive 7-year construction period. The auspicious event was presided over by Samdech Hun Manet, Prime Minister of the Kingdom of Cambodia, on the morning of 22 November 2023. This transformative rehabilitation project spans a total length of 330 kilometres, traversing from the Prek Kdam bridge ...
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Cambodia’s Gold Refinery Shines with Production of 9 Tons
- 22 November 2023
In a glittering testament to Cambodia's growing prominence in the mining sector, the nation's commercial gold refinery has proudly unveiled a remarkable achievement—yielding close to 8,979 kilograms of gold ore and contributing a substantial US$14.4 million in royalties as of 17 November. These impressive figures were disclosed by HE Keo Ratanak, Minister of Mines and Energy, during a press con...
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Unified Against Plastic Pollution: 9 Ministries Spearhead Groundbreaking Environmental Campaign
- 21 November 2023
In a concerted effort to combat the pervasive issue of plastic pollution, the Ministry of Environment has forged an alliance with key entities, including the Cambodian Women's Scout Association, the Union of Youth Unions of Cambodia, and six provincial administrations: Kampot, Kep, Sihanoukville, Koh Kong, Kampong Speu, and Takeo. The collaborative endeavor is aimed at curbing plastic usage and fo...
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