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ខ្មែរ Uncategorized
Symbol of Progress: New Ministry of Interior Building Inaugurated at US$60m
- 6 November 2023
Amid a grand ceremony, Cambodia marked a monumental moment in its development journey, as the new US$60 million Ministry of Interior building was officially inaugurated. Samdech Hun Manet, Prime Minister of Cambodia, presided at the opening on 6 November 2023, reflecting the nation's commitment to progress. The new edifice proudly stands on the historic site along Norodom Street in Tonle Bassac...
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Japanese Aid Breathes New Life into Angkor Wat’s West Porch – Officially Inaugurated
- 4 November 2023
A vibrant moment of cultural preservation and international collaboration took center stage as the west porch of Angkor Wat, a priceless cultural treasure, was officially inaugurated. This triumph comes as a result of a steadfast partnership, with the Government of Japan providing over $100 million in crucial assistance to Cambodia, dedicated to the preservation of Angkor Wat and the meticulous re...
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Major Chinese Firm Looking for SEZ to Infuse US$500 Million in Cambodia
- 4 November 2023
In a significant development that marks a vote of confidence in Cambodia's burgeoning economic landscape, a major Chinese company is set to funnel US$500 million into the kingdom while studying the location of two special economic zones for its production. The investment aims to fuel growth and prosperity in the region while also serving as a testament to the attractiveness of Cambodia as a destin...
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Royal Group & TotalEnergies Join Forces for Cambodia’s Renewable Energy & GHG Reduction Initiatives
- 3 November 2023
In a momentous stride towards sustainable energy and environmental stewardship, Royal Group Power Co Ltd (RGP) and TotalEnergies, a prominent French energy conglomerate based in Singapore, have forged a groundbreaking Memorandum of Understanding (MoU) on renewable energy ventures in Cambodia. This collaboration extends to Greenhouse Gas (GHG) reduction initiatives, ushering in a new era of ecologi...
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Cambodian Gov’t Ambitious Vision: Securing US$2.2 Billion Loan for Key Sector Development by 2024
- 3 November 2023
The Cambodian Government is set to embark on a transformative journey by seeking international loans exceeding US$2.2 billion (IMF’s international reserving fund that can be converted into cash on demand). This dynamic endeavor, unveiled within the summary of the draft law on finance for management in 2024, is a testament to the nation's unwavering commitment to bolstering pivotal sectors for sust...
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Chinese Cart Tire Firm Plans to Infuse Additional US$208 Million to Expand its Business in Svay Rieng
- 3 November 2023
In a testament to Cambodia's thriving business landscape, Cart Tire, a prominent tire manufacturer nestled within the Qilu Special Economic Zone, is primed to fuel its growth with an ambitious US$208 million investment. This strategic move, earmarked for the expansion of Cart Tire's existing operations into phase III, reflects the company's dedication to both its local workforce and economic advan...
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New Thai Gov’t Adopts Fresh Approach in Offshore Oil Field Negotiations with Cambodia
- 2 November 2023
In a strategic pivot, the new Thai government has signalled its intent to engage Cambodia in talks regarding the overlapping development areas in the Gulf of Thailand. This shift represents a change in Thailand's negotiation approach, previously centred on demarcating maritime borders, and comes as a part of a new strategy under the leadership of Prime Minister Srettha Thavisin. According to a ...
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Catalysing Cambodia’s Digital Transformation: Two Ministries Join Forces to Launch Verify.gov.kh
- 2 November 2023
In a groundbreaking initiative, the Ministry of Posts and Telecommunications (MPT) and the Ministry of Culture and Fine Arts (MPWT) have inked a Memorandum of Understanding (MoU) on Cooperation, marking the birth of a verification database, Verify.gov.kh. This transformative move is set to revitalize Cambodia's digital governance landscape, aligned with the nation's Digital Government policy for 2...
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Battambang Earns UNESCO Accolade as Cambodia’s Pioneering Food Innovation City
- 1 November 2023
UNESCO has bestowed upon Battambang the distinguished title of Cambodia's first city to achieve UNESCO Food Innovation City status. This historic recognition was officially disclosed through a UNESCO press release on 31 October 2023. Battambang, acclaimed as a city where culinary art seamlessly intertwines with culture and innovation, is now celebrated for its exceptional contributions to susta...
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Revolutionising Waste Management: Four Companies Introduce Cutting-Edge Garbage-to-Fuel Machines in Siem Reap
- 1 November 2023
In a groundbreaking initiative, GAEA, in collaboration with SOKEN GROUP, ONE WORLD, and the CITY of KITAKYUSHU, together with the Siem Reap Tourism Club Association, have introduced cutting-edge waste-to-fuel recycling machines in Siem Reap. This innovative endeavor is set to make a significant impact on waste management in the region, promoting efficient and eco-friendly solutions. The unveili...
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