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ខ្មែរ Uncategorized
Cambodia Unveils 10-Year Plan, Prioritising Transport & Logistics Sector Development
- 7 December 2024
Cambodia has identified the transport and logistics sector as its top priority in a new 10-year development plan for 2025–2035 to modernize infrastructure and foster economic growth. The Royal Government of Cambodia confirmed this decision on 3 December 2024 as part of a comprehensive strategy to strengthen public-private partnerships and enhance key infrastructure such as roads, bridges, ports, a...
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Hong Leong Manufacturing Group Plans Major Investment Expansion in Cambodia
- 6 December 2024
Hong Leong Manufacturing Group (HLMG), a prominent multinational conglomerate, has announced plans to expand its investment footprint in Cambodia, targeting key sectors including real estate, automotive parts, and manufacturing. The announcement came following a meeting between Datuk Kwek Leng San, Chairman of HLMG, and Samdech Hun Manet, PM of Cambodia. During the discussion, Datuk Kwek highli...
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Vietnamese Investors Inject Over USD 557 Million into Cambodia in 11 Months of 2024
- 6 December 2024
Vietnamese investors have poured an impressive USD 557 million into Cambodia during the first 11 months of 2024, positioning Vietnam as the third-largest source of foreign investment in the country. This milestone was announced by HE Chea Vuthy, Secretary General of the Cambodian Investment Board (CIB) at the Council for the Development of Cambodia (CDC), during the inauguration ceremony of TNTVN ...
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Hong Leong Manufacturing Group Explores Opportunity to Invest in Motorcycle Factory in Cambodia
- 5 December 2024
Malaysia’s Hong Leong Manufacturing Group is exploring establishing a motorcycle factory in Cambodia, signaling a major boost for the kingdom’s manufacturing sector. The announcement came after a productive meeting between Okhna Tan Khee Meng, President of the Malaysian Chamber of Commerce in Cambodia, and HE Chea Vuthy, Secretary General of the Council for the Development of Cambodia (CDC), on 29...
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Phnom Penh’s Flood Relief System Project Reaches 30% Completion Milestone
- 5 December 2024
The ambitious flood relief system in Phnom Penh has reached 30% completion, marking significant progress in a large-scale infrastructure project designed to address flooding challenges in the city. This milestone was confirmed during an inspection led by Mr. Peng Purnea, Minister of Public Works and Transport, on 29 November 2024. The project involves two key sites: the first segment spans 5,65...
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NR 41 Restoration Project Achieves 97% Completion with Over USD 67 Million Investment
- 4 December 2024
The extensive restoration and upgrade of NR 41, spanning 95 kilometres, has reached 97.01% completion as of November 2024. This transformative infrastructure project, valued at over USD 67 million, is funded through a concessional loan from the Chinese government and aims to enhance regional connectivity and economic growth. The update was confirmed during an inspection led by HE Suy San, Secre...
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Chinese Firm to Invest in Cambodia’s Growing Flower Industry
- 3 December 2024
A significant development in Cambodia’s agricultural sector is underway as a leading company from Yunnan province, China, has announced plans to invest in flower cultivation and supply within the country. This initiative follows discussions held on 27 November 2024 between Mr. Suon Sophal, Deputy Secretary-General of the Cambodian Investment Committee, and a Chinese delegation led by Mr. Li Son...
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Singapore Firm YCH Group Plans to Revolutionise Cambodia’s Logistics Sector
- 2 December 2024
Cambodia’s logistics sector is poised for a transformation as Singapore-based YCH Group reaffirms its commitment to investing in the country’s connectivity infrastructure. Following a productive meeting with PM Samdech Hun Manet, Mr. Robert Yap, Chairman of YCH Group, expressed the company’s enthusiasm for Cambodia’s potential, highlighting plans to enhance transportation and logistics services...
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Cambodia’s Exports Surge by 16%, Reaching Nearly USD 22 Billion in 2024
- 2 December 2024
Cambodia recorded a remarkable export performance in the first 10 months of 2024, with international shipments valued at nearly USD 22 billion, representing a 16% growth compared to the same period in 2023. The Ministry of Information highlighted these figures on 13 November 2024, showcasing the country's expanding global trade footprint. The United States remained Cambodia's largest export des...
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Cambodian Government Commits to Rebuilding Boeung Chhouk Market in Battambang for Affected Traders
- 29 November 2024
The Cambodian government has announced a comprehensive plan to reconstruct the Boeung Chhouk Market in Battambang, which was severely damaged in a fire on 3 November 2024, destroying nearly 150 stalls. PM Samdech Hun Manet confirmed the project during the inauguration ceremony of achievements in the Boeung Chhnuk Techo Win-Win Development Zone on 29 November 2024. The rebuilding initiative will...
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