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Arabic Firm DP World Explores Investment Opportunities in Cambodia’s Transport & Industrial Sectors

DP World, a global leader in logistics and transport based in the UAE, has expressed strong interest in investing in Cambodia’s transport infrastructure and industrial park development, marking a pivotal step for the kingdom’s economic future. The announcement came during a meeting between PM Hun Manet and His Excellency Sultan Ahmed Bin Sulayem, Chairman of DP World, on 20 November 2024. Chair...

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Serei Sophon 11-Hectare Landfill Project Completed, Ready to Benefit Over 12k Residents

A new 11-hectare landfill in Serei Sophon, Banteay Meanchey province, has been completed, marking a significant advancement in waste management for the province. With a handover inspection on 20 November 2024, the project is a cornerstone of the second phase of the Tonle Sap Lake environmental management improvement initiative, supported by the Asian Development Bank (ADB). The landfill, loc...

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26 Japanese Firms Explore Agriculture & Vocational Training Investments in Cambodia

In a promising boost to Cambodia’s agricultural sector, 26 Japanese companies have expressed interest in investing in agriculture, food processing, and aquaculture, as revealed during a meeting between PM Samdech Hun Manet and HE Takahashi Fumiaki, President of the Japan-Cambodia Association, on 19 November 2024. This announcement underscores Japan’s commitment to expanding its economic footprint ...

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Network News: How Digital Twins and Analytics Are Shaping the Future of Connectivity And 5G

Not entirely out of sight, but almost always out of mind, cell towers quietly form the backbone of modern communication, powering everything from texts and phone calls to TikTok videos. Some topping 200 feet, they can stand tall like sentinels along roads or poke up from the roofs of high buildings. Their thistle-like tops bristle with antennas, transmitters, and other equipment that keep us conne...

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Cambodia Officially Withdraws from CLV Development Triangle, Focuses on National Infrastructure Projects

Cambodia has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), marking a shift in its regional development strategy. The decision was formalized through the promulgation of the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA and will take effect upon the completion of the withdrawal process. Des...

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Cambodia Unveils Modern National Assembly Building with USD25 Million Vietnamese Aid

Cambodia has inaugurated a modern National Assembly administration building with a USD 25 million aid package from Vietnam. The ceremony, held on 21 November 2024, was attended by Samdech Khuon Sodary, President of Cambodia’s National Assembly, and HE Tran Thanh Man, President of the National Assembly of Vietnam, symbolizing the enduring friendship between the two nations. The 12-storey buildin...

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Chinese Firm Proposes Oxygen Supply Systems & Nursing Homes in Cambodia

Henan Taiyi Medical Technology Co., Ltd., a prominent Chinese medical equipment manufacturer, has unveiled plans to collaborate with Cambodia's Ministry of Health to install oxygen supply systems in public hospitals and establish nursing homes nationwide. The proposal, aimed at strengthening the country's healthcare infrastructure, was discussed during a meeting on 18 November 2024 between HE P...

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Japan Invests Over USD 40 Million in Cambodia, Enhancing Economic Partnerships in 2024

Japan has invested over USD 40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Okhna Association and the Japan-Cambodia Association...

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Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector

Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee Changkeun from Chung-Ang Universit...

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ARK Electronics Group Unveils USD 1.3 Billion AI-driven Industrial Park Project in Kampong Speu

ARK Electronics Group, a leading Chinese company, has announced an ambitious USD 1.3 billion investment to establish a 1,000-hectare industrial park in Kampong Speu province, set to transform the province’s industrial landscape. The announcement followed a high-level meeting between HE Dr Cheam Chansophoan, Governor of Kampong Speu Province, and Ms. Chang Venza, General Director of ARK Electron...

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