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ខ្មែរ Uncategorized
Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy
- 18 January 2025
In a landmark event on 17 January 2025, Sweden's prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna Hammargren, Ambassado...
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Phnom Penh Autonomous Port Reported Significant Growth in 2024
- 17 January 2025
In a remarkable showcase of economic activity, the Phnom Penh Autonomous Port (PPAP) has reported impressive financial and operational results for the year 2024. According to a press release dated 14 and 16 January 2025, the port generated a total revenue of USD 41,588,172, marking an increase of 21% compared to 2023. This achievement was fuelled by a notable rise in container throughput, with nea...
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Banteay Meanchey Irrigation Development Project Exceeds 64% Completion
- 17 January 2025
The Irrigation Development Project for Flood Reduction (IDFMP) in Banteay Meanchey province has made significant progress, achieving a completion rate of over 64%. The project is on track for completion by mid-2026, as reported by a working group from the Ministry of Water Resources and Meteorology on 15 January 2025. Progress highlights include: Restoration of Pools: - Pong Pool: 100% ...
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China Approves Highest & Largest Hydropower Dam in Tibet Worth USD 127 Billion Amid Global Concerns
- 16 January 2025
China has approved the construction of the world’s largest hydropower dam on the lower Yarlung Tsangpo River in Tibet, with an estimated cost of USD 127 billion. The project, poised to generate three times more energy than the Three Gorges Dam, is expected to redefine renewable energy development globally but has raised significant concerns about environmental impact, displacement of Tibetan commu...
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Cambodian Government Exempts Local Cement Industry from Special Tax for Two Years
- 16 January 2025
The Royal Government of Cambodia has announced a significant measure to support the local cement industry by waiving the special tax for a period of two years. This decision, outlined in a Prakas from the Ministry of Economy and Finance dated 14 January 2025, is aimed at easing the financial burden on the industry. During a recent statement, Minister of Economy HE Aun Porn Moniroth confirmed th...
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Chinese Mining Firms Eye Expansion in Cambodia’s Potent Resource Sector
- 16 January 2025
In a promising development for Cambodia's mining industry, Beijing Endi (Group) Co., Ltd., a prominent mining investment firm based in China, has set its sights on expanding operations in the kingdom. This ambition was underscored during a pivotal meeting on 15 January 2025, between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and a delegation led by Mr. Tang Changzhong,...
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Cambodia Welcomes 17 New Investment Projects Worth USD 150 Million in January 2025
- 15 January 2025
In an exciting start to the year, Cambodia's investment landscape is poised for growth as the country received a notable infusion of capital with 17 new investment projects. These initiatives, collectively valued at approximately USD 150 million, were registered during the inaugural "One Window Service Office" (OWSO) meeting for 2025, held on 15 January, chaired by HE Chea Vuthy, Secretary General...
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Chinese & Canadian investors Looking to Introduce Advanced Technology to Key Sectors in Cambodia
- 15 January 2025
Delegates from the Asia-Pacific Association of Small and Medium Enterprises (APASME), including representatives from Canadian and Chinese business communities, aim to provide technology and machinery solutions to enhance Cambodia's agriculture, water management, food processing, and industrial development. This was discussed during a meeting on 13 January 2024 with HE Hem Vandy, Minister of Ind...
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Chinese Firm Eyes Cambodian Waste-to-Energy Potential
- 14 January 2025
Thien Y Environmental Energy Joint Stock Company, a leading Chinese recycling firm, announced its intention to invest in a waste-to-energy plant in a move set to transform waste management in Cambodia. This initiative aims to convert the kingdom's abundant waste into electricity, creating a sustainable energy source while addressing the pressing issue of waste disposal. The ambitious proposal w...
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Progress Update on Kampong Thom Dam Project: 25% Completion Mark Achieved
- 14 January 2025
Construction on the Kampong Kor Dam is progressing steadily, with 25% of the project now completed. HE Chan Sinath, Secretary of State, provided this update during an inspection of the project on 12 January 2025. During the inspection, HE Chan Sinath outlined the project's current status, specifying that the dam's construction has reached 10%, while significant progress has been made on support...
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