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ខ្មែរ Uncategorized
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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European Nations Unite to Boost Investment into Cambodia
- 6 February 2025
A coalition of consuls general from nine European Union (EU) countries has committed to enhancing investment opportunities in Cambodia. The countries represented include Egypt, Italy, Sweden, Austria, Belgium, Denmark, Norway, Spain, and the United Kingdom. This collaborative effort was unveiled during a meeting with His Excellency Sun Chanthol, Deputy Prime Minister and First Vice President of th...
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World Bank Pledges Support for Cambodia’s Development as a Regional Logistics Hub
- 5 February 2025
In a significant commitment to Cambodia's economic growth, the World Bank has announced its support for its ambition to become a competitive logistics hub in the region. This announcement was made by Ms. Tania Meyer, the World Bank Country Director for Cambodia, during a videoconference focused on the methodology and processes for gathering data related to the Logistics Performance Index (LPI) on ...
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Cambodia Welcomes 12 New Investment Proposals Worth USD 135 Million
- 5 February 2025
In a promising development for the nation’s economy, Cambodia received 12 new investment proposals in early February, collectively valued at USD 135 million. These proposals were submitted to the Cambodia Investment Committee, part of the Council for the Development of Cambodia, and will be examined at the upcoming second “Single Gateway Meeting” in 2025. The meeting will be chaired by HE Chea ...
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Japanese Company Investments Boosts Cambodia’s Electronics Sector
- 5 February 2025
In a significant move for Cambodia’s burgeoning electronics industry, Minebea (Cambodia) Co., Ltd., a prominent Japanese firm, has announced an additional investment of approximately USD 15 million to further expand its electronic equipment manufacturing operations in the country. The announcement came during a meeting between HE Chea Vuthy, Secretary General of the Investment Committee of Cambodi...
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Bavet City Takes Major Step Towards Sustainability as Landfill Project Underway
- 1 February 2025
In a positive development for Bavet city, construction of a significant landfill project has officially commenced on a sprawling 21-hectare site in Trang Mtes village, located in the heart of Svay Rieng province. The ground-breaking ceremony, held on 31 January 2025, began a transformative initiative to enhance the city’s environmental infrastructure. This project is part of the Asian Developme...
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Japan Strengthens Cambodia’s Infrastructure with New Aid Package of Over USD 446K
- 1 February 2025
In a significant move to bolster infrastructure development in Cambodia, the Japanese government has announced a generous aid package totalling USD 446,801 for three critical projects focusing on irrigation systems and bridge construction. HE Ueno Atsushi, Japan’s Ambassador to Cambodia, officially signed the grant agreement on 30th January alongside representatives from the three beneficiary i...
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