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ខ្មែរ Uncategorized
EAG Eyes Investment in Cambodian Industrial Parks
- 13 February 2025
The Philippines’ Excellent Associates Group Limited (EAG) has announced plans to explore investment opportunities in Cambodia, particularly in the establishment of industrial parks. This development came to light during a productive meeting held between EAG President Dai Jianlaing and Cambodian Prime Minister Hun Sen. During the meeting, President Dai expressed EAG's keen interest in not only d...
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Two Companies Seek to Invest in Cambodia’s Cashew Agro-Industry
- 12 February 2025
In an exciting development for Cambodia’s agricultural sector, Mountain Hazelnuts and Kamya have expressed their intention to invest in the country’s burgeoning cashew agro-industry. The companies are currently discussing with the Council for the Development of Cambodia to explore potential investment opportunities. This announcement followed a meeting on 11 February 2025 between HE Chea Vuthy,...
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Progress on Clay-Thoma Kor Bridge Construction
- 12 February 2025
The construction of the temporary steel bridge across the Mekong River at Clay-Thoma Kor is progressing steadily, with 5.40% of the work completed, as reported by His Excellency Phan Rim, Spokesperson for the Ministry of Public Works and Transport. Currently, the China Road and Bridge Corporation (CRBC) is actively working on the western side of the temporary bridge, measuring 271 metres in len...
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Progress Update on the Bassac River Bridge Project: 19% Completion Marked
- 10 February 2025
The ambitious project to construct a bridge across the Bassac River has achieved a significant milestone, with 19% of the work now completed after 11 months of construction. The project, which connects Chak Angre Krom and Prek Pra, remains on schedule, with no delays reported, according to a statement from the Ministry of Public Works and Transport. Key achievements to date include substantial ...
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UK Firm Eyes Investment Opportunities in Cambodia
- 10 February 2025
In a significant development for Cambodia's investment landscape, UK-based Bridgemount Ltd. has announced plans to explore investment opportunities in key sectors within the Kingdom. The company officially met with the Council for the Development of Cambodia (CDC) on 7 February 2025, marking the start of what could be a fruitful partnership. During the meeting, Kalyan Ghosh, Managing Director o...
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RCEP Agreement Set to Transform China-ASEAN Maritime Trade with Unprecedented Blue Economy Integration
- 9 February 2025
The Regional Comprehensive Economic Partnership (RCEP) is poised to revolutionize maritime trade between China and ASEAN, with marine transport currently accounting for 94% of China's foreign trade and over 60% of ASEAN's foreign trade while representing 65% of bilateral trade between the two regions in 2023. This landmark development emerges as part of a broader initiative to promote sustainable ...
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Digital Park Initiative Unveiled to Boost Cambodia’s Digital Literacy & Start-Up Scene
- 8 February 2025
The Ministry of Posts and Telecommunications of Cambodia has announced an ambitious plan to establish a digital park to enhance digital literacy and foster the growth of digital start-ups in the country. This initiative, inspired by Thailand's successful Thailand Digital Valley project, was revealed by HE Hak Sokheng, Undersecretary of State of the Ministry of Posts and Telecommunications. The ...
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Cambodia Revamps Investment Policies to Attract Global Companies Amid Trade Wars
- 8 February 2025
Cambodia is revising its investment policies to enhance its appeal to multinational corporations and attract businesses looking to relocate from countries affected by ongoing trade tensions. The Council for the Development of Cambodia (CDC) is leading these reforms to offer increased incentives and streamline investment procedures. This initiative is particularly relevant as many companies and ...
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Cambodia’s Electricity Capacity Set to Expand Significantly by 2024
- 7 February 2025
By 2024, Cambodia is poised to enhance its electricity generation capacity to an impressive 5,044 megawatts, alongside a substantial extension of transmission lines to 3,890 kilometers. During the closing ceremony of the Electricity Authority’s conference on 3 February 2025, HE Keo Rattanak, Minister of Mines and Energy, confirmed that these targets had been met. The country’s electricity gener...
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BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone
- 7 February 2025
In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant is slated for completion in Nove...
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