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ខ្មែរ Uncategorized
Nearly 19 Hectares of Landfill Inaugurated in Kampong Cham City
- 25 December 2024
A state-of-the-art landfill spanning 18.67 hectares in Koh Roka village, Koh Roka commune, Kampong Siem district, Kampong Cham province, was officially inaugurated on 24 December 2024. This modern garbage disposal site, constructed as part of the Greater Mekong Subregion Corridor Development Project, Phase 4, was funded by a concessional loan from the Asian Development Bank (ADB) and built by B...
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61-Kilometre Road Connecting NR No. 4 to Bokor Mountain Completed with 7 km of Concrete Poured
- 25 December 2024
The construction of a new 61-kilometer road linking NR No. 4 to Bokor Mountain has reached a significant milestone, with 7 kilometers of concrete pouring completed as of 19 December 2024. This update was shared by Sokha Real Estate on their official Facebook page that same afternoon, marking steady progress in this transformative infrastructure project. Planned by the Ministry of Public Works a...
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Chinese Investors Commit USD 2 Billion to Transform Kampong Speu Province
- 24 December 2024
Chinese investors have pledged a transformative USD 2 billion investment into Kampong Speu Province, aiming to invigorate its economy, expand manufacturing capacity, and create approximately 30,000 job opportunities. This landmark announcement was made by HE Cheam Chansophoan, Governor of Kampong Speu, during a high-profile visit to Hong Kong on 21 December 2024. This significant financial comm...
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NR 41 Completion Marks Milestone in Cambodian Transportation
- 24 December 2024
NR 41, a vital addition to Cambodia's infrastructure, has officially been completed with a total investment exceeding USD 67 million. Stretching over 95 kilometers, the road links NR 4 in Kandal to NR 3 in Kampot, dramatically enhancing regional connectivity and bolstering travel and trade. The announcement came following a detailed inspection led by HE Sui San, Secretary of State at the Minist...
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SHV Port Achieves Record 1 Million TEUs, Cementing Its Role as a Regional Trade Hub
- 24 December 2024
Sihanoukville Port has reported a record-breaking 1 million TEUs (twenty-foot equivalent units) of container traffic in 2024, reflecting an impressive 29% increase compared to the previous year. This milestone underscores the port's strategic importance in driving Cambodia’s trade and logistics ambitions, as announced on the official website of Sihanoukville Autonomous Port on 21 December 2024. ...
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World Bank: Cambodia’s Economic Growth Forecasted to Reach 5.5% in 2025-2026 Amid Global and Domestic Challenges
- 23 December 2024
Cambodia’s economy is projected to achieve a robust growth rate of 5.5% in 2025 and 2026, according to the latest World Bank forecasts. This follows expected growth rates of 5.3% in 2024 and 5% in 2023, reflecting a steady upward trajectory. These findings were highlighted in a report published by Fibre2Fashion on 21 December 2024. The anticipated growth is driven by a resurgence in manufacturi...
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Cambodia’s Business Landscape Faces Dual Trends: Drop in New Registrations 17%, Surge in Eliminations 32%
- 23 December 2024
Cambodia’s entrepreneurial environment is undergoing a marked shift, with the Ministry of Commerce reporting 9,530 new company registrations in 11 months of 2024. This figure represents a decline of 17.17% compared to the same period last year, highlighting growing challenges in the business sector. Concurrently, company eliminations surged by 32.78%, totaling 1,284 businesses removed from the ...
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Shangri-La Phnom Penh Sets a New Benchmark in Luxury with USD 580 Million Investment
- 23 December 2024
A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its USD 580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivaled comfort and sophistication. The hotel held its temporary inauguration o...
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SHV Province Enhances Safety with 433 Security Cameras Across 533 Strategic Locations
- 23 December 2024
Preah Sihanouk province has successfully installed 433 new security cameras across key strategic locations in a major stride towards improving public safety. This advanced surveillance network, which includes 533 monitoring points throughout Sihanoukville, was unveiled during a press conference led by HE Mang Sineth, Governor of Preah Sihanouk province, with over 60 journalists in attendance. ...
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Southeast Asia’s Largest Solar Projects Lead Global Renewable Energy Growth
- 22 December 2024
Southeast Asia continues to lead the renewable energy charge with landmark solar projects across Vietnam, Indonesia, and Thailand, showcasing the region’s commitment to sustainable development. With ASEAN member states targeting 35% renewable energy capacity by 2025, the region currently boasts 28 GW of utility-scale solar and wind power, contributing 9% to its total electricity capacity, as updat...
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