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ខ្មែរ Uncategorized
ADB Forecasts Sustainable Economic Growth for Cambodia in 2025 & 2026
- 11 April 2025
In a promising outlook for Cambodia’s economy, the Asian Development Bank (ADB) projects a growth rate of 6.1% for 2025 and 6.2% for 2026. The positive forecast, detailed in the Asian Development Outlook released on 9 April, highlights a steady trajectory driven primarily by robust external demand for manufactured goods and the ongoing recovery of the tourism sector. According to the report, ma...
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Government Launches Investment Program for North-eastern Provinces
- 11 April 2025
Prime Minister Hun Manet has announced a special investment program targeting Kratie, Stung Treng, Ratanakiri, and Mondulkiri from 2025 to 2028. The initiative aims to attract private investment in agriculture, agro-industry, and tourism, leveraging the region's rich natural resources and tourism potential. Key features of the program include tax and customs incentives, attractive financing opt...
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Government Announces Temporary Opening of Cambodia’s Highest Bridge for New Year Celebration
- 10 April 2025
In a festive announcement, the Cambodian government has declared the temporary opening of the country's highest bridge in Pursat province, coinciding with the traditional National New Year celebrations. From 11 -17 April 2025, the bridge will be accessible to motorcycles and small vehicles—typically used for tourist and family travel—from 6:00 a.m. to 6:00 p.m. This initiative aims to...
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Q1 2025 Sees Total Investment Capital from China to Cambodia Reach 56.23%
- 10 April 2025
In the first quarter of 2025, Chinese investment in Cambodia has reached a remarkable 56.23% of total registered capital, amounting to USD 2.5 billion across 172 ambitious projects. This impressive influx includes six expansions of existing production facilities, which are anticipated to create nearly 120,000 jobs nationwide, significantly contributing to the country’s economic growth. Among th...
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KOICA Invests USD 7 Million to Enhance Ratanakiri Provincial Referral Hospital Capacity
- 9 April 2025
In a significant development for the health sector in Ratanakiri province, the Korea International Cooperation Agency (KOICA) has unveiled a USD 7 million investment plan to bolster the capacity of the Ratanakiri Provincial Referral Hospital. This initiative, titled "Strengthening the Comprehensive Public Health System in Ratanakiri Province," was officially launched during a signing cer...
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Cambodia Secures USD 145 Million World Bank Loan to Boost Water Security
- 9 April 2025
The Ministry of Water Resources and Meteorology, alongside the Ministry of Agriculture, Forestry, and Fisheries, has officially launched the “Improving Cambodia’s Water Security” project, backed by a substantial USD 145 million loan from the World Bank. This initiative aims to enhance water security across the nation, increase agricultural productivity, and strengthen resilience against ...
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Kampong Thom Set to Become Hub for Cashew Production as Chinese Company Eyes Warehouse Development
- 9 April 2025
Kampong Thom province is on the brink of significant agricultural development. Sinomac Hainan Development Co., Ltd., a leading Chinese state-owned agricultural enterprise, is studying the feasibility of constructing a state-of-the-art warehouse and drying yard dedicated to cashew nuts. This initiative aims to enhance Cambodia’s agricultural export potential, particularly in the burgeonin...
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Four Major Companies Plan to Make Further Investments in Cambodia’s Automotive and Electronics Sectors
- 8 April 2025
Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on 31 March 2025. During the visit, HE Chea Socheat and his team toured the facili...
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China Unveils Plans for Cambodia’s First & Largest Oil Refinery
- 8 April 2025
In a ground-breaking initiative for Cambodia's energy sector, Chinese company Guanzun Energy Investment Co., Ltd. is set to construct the country’s first and largest oil refinery in Kampot Province. The ambitious project, estimated at up to USD 3.5 billion, was announced by the Kampot provincial administration and covered by Cambodian national television. Spanning an impressive 234 he...
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Progress Update on Bassac River Bridge Construction
- 8 April 2025
The ambitious project to construct a bridge across the Bassac River, officially known as the Chak Angre Krom-Prek Pra Bridge, has made significant strides, reaching nearly 31% completion after over a year of work. Since the Cambodian government broke ground on the construction site 13 months ago, the project has reported a current progress rate of 30.95%. Officials are optimistic that the bridg...
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