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ខ្មែរ Uncategorized
Non-Garment Manufacturing Sector Skyrockets by 172% in First Half of 2023, Amid Surging Foreign Investment
- 22 September 2023
Despite the prevailing global financial uncertainty, Cambodia has experienced a remarkable influx of foreign direct investment (FDI) in the first semester of 2023, with an astounding growth rate of approximately 41.6%. The real standout, however, is the non-garment manufacturing sector, which has seen an explosive expansion, surging by an impressive 172%. These encouraging statistics were unveiled...
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Eve Energy Partners with Energy Absolute to Establish Cutting-Edge Lithium-Ion Battery Plant in Thailand
- 21 September 2023
Chinese battery manufacturer Eve Energy has entered into a Memorandum of Understanding (MOU) with Energy Absolute (EA), Thailand's premier renewable energy company. Their collaborative goal is to construct and operate a cutting-edge factory dedicated to the production of lithium-ion batteries, specifically for electric vehicles (EVs). This announcement aligns with the global trend of investment in...
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Cambodia’s Industrial & Agricultural Sectors Receive Special Electricity Discounts to Boost Production
- 21 September 2023
The Ministry of Mines and Electricity of Cambodia, in conjunction with the Electricity Authority of Cambodia, has announced a significant reduction in electricity prices for industrial and agricultural consumers nationwide. This strategic move aims to stimulate the expansion of production, factories, and enterprises, ultimately generating employment opportunities and income for the population. Thi...
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Sihanoukville Ready for US$40 Million Steel Plant Investment
- 21 September 2023
In a significant move that promises to reshape Sihanoukville's economic trajectory, the Council for the Development of Cambodia (CDC), has granted an investment project registration certificate to "HUALE STEEL (CAMBODIA) CO., LTD." The company is embarking on a transformative journey to establish a versatile steel plant within the Sihanoukville Port Special Economic Zone, according to a CDC press ...
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CBA Expo 2023: Pioneering the Future of Construction, Mining & Building Industries
- 21 September 2023
In a testament to innovation and progress, CBA Expo 2023, the inaugural international trade exhibition and conference dedicated to machinery, tools, equipment, and technology for the construction, mining, and building sectors, concluded with resounding success. Held at EH100, BITEC Bangkok, Thailand, from 13-15 September 2023, this event emerged as a definitive platform for industry stakeholders t...
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China’s Belt & Road Initiative: Some Shifting Challenges Seeing China Not Expanding Investment Abroad
- 20 September 2023
A decade since China first proposed the Belt and Road Initiative (BRI), this ambitious global investment project has significantly expanded both trade and China's international influence. Ten years in, Beijing undoubtedly wields greater clout on the global stage, but this milestone also comes with notable shifts in new investments. Positive results from the implementation of the Belt and Road P...
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Pointer Secures Exclusive Rights to Sell the Iconic “Zion” Business Project Along 60-Metre Boulevard
- 20 September 2023
In a significant move that promises to redefine Cambodia's real estate landscape, Zion City’s Zion Commercial Real Estate Project has entered into an exclusive sales and marketing partnership agreement with Pointer, a distinguished leader in Cambodia's real estate sector. The pact, sealed on 20 September 2023, amidst the top management of both companies, reflects a shared commitment to advancing t...
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Cambodia’s Pre-Angkor Capital Koh Ker Temple Attains UNESCO World Heritage Status
- 18 September 2023
In a momentous and unanimous decision, the UNESCO World Heritage Committee, convened at its 45th session in Riyadh, Saudi Arabia, declared the illustrious Koh Ker Temple a coveted World Heritage Site on 17 September 2023, through Resolution 45 COM 8B.8. This prestigious recognition comes as a result of the Royal Government of Cambodia's impassioned appeal to commemorate this unparalleled testament...
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Stueng Bot-Ban Nong Ean International Border Checkpoint Nears Completion at 91.26%
- 18 September 2023
The Khmer-Thailand International Border Gate project, commonly known as the Stueng Bot-Ban Nong Ean International Border Checkpoint, has reached an impressive 91.26% completion as of 14 September 2023. This significant progress was inspected by the Minister of Public Works and Transport HE Peng Po on 13 September 2023. The governments of Cambodia and Thailand have joined hands in financing this...
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HE Sun Chanthol: Fake News on Cambodia’s Investment Climate Affects Foreign Investors’ Interests
- 18 September 2023
One of the pivotal topics of discussion during the visit of HE Sun Chanthol, Deputy Prime Minister & CDC 1st Vice-Chairman, to Zhejiang SEZs in Sihanoukville on 11 September 2023 was the management's concerns, particularly among Chinese staff, regarding the circulation of fake news about security in Cambodia. Deputy Prime Minister Sun Chanthol emphasised the importance of dispelling such misin...
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