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ខ្មែរ Uncategorized
Cambodia Approves Over USD 5 Billion in Investments Across 346 Projects in 10 Months of 2024
- 18 November 2024
Cambodia’s investment landscape saw remarkable growth during the first ten months of 2024, with the Council for the Development of Cambodia approving 346 new projects worth over USD 5 billion, projected to generate approximately 270,000 jobs. This represents a 38% increase in investment compared to the same period in 2023, underscoring the country's strengthened economic environment, according ...
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Get Real: Powerful 3D Software Brings The Future of Infrastructure to Life in Just a Few Clicks
- 18 November 2024
By Sean O'Neill Greg Demchak stood before an enormous LED screen in a dark hotel conference room. With a game controller and a keyboard, he moved his audience through a digital model of Barcelona. The glowing screen showed a bird’s-eye view of the Spanish city’s famed “manzanas,” the octagonal block of buildings designed by the visionary 19th century urban planner Ildefons Cerda. Demchak zoom...
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Saudi Arabia’s Mukaab: Ground Broken on World’s Largest Building
- 17 November 2024
Construction is now officially underway on the Mukaab, a monumental 400-metre-high supertall skyscraper in Riyadh set to become the world's largest building. Located at the heart of the 19-square-kilometer New Murabba development, the Mukaab will rise with cube-shaped dimensions, featuring 400-meter-long edges, and stand as a centerpiece of Saudi Arabia’s capital. The New Murabba Development Compa...
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Cambodia Records USD 505m in Iron & Steel Imports, Showing Gradual Recovery of Construction Sector
- 14 November 2024
Cambodia imported iron and steel products worth USD 505 million in the first ten months of 2024, a significant 65% increase compared to USD 305 million during the same period in 2023. Data from the General Department of Customs and Excise (GDCE) revealed that imports for October 2024 alone reached USD 52.5 million, marking a 105% rise from USD 25.4 million in October 2023. Iron and steel acc...
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Chinese Firm Targets Cambodia for Large-Scale Durian Cultivation & Processing Hub
- 13 November 2024
Zhengzhou Chen's Sun, a prominent Chinese company, has announced plans to invest in Cambodia's durian cultivation and processing facilities, aiming to enhance the country’s agricultural export capabilities. This ambitious project was a key focus during a meeting between PM Hun Manet and Xuemei Chen, Chairman of Zhengzhou Chen's Sun, on 6 November 2024 in Kunming, Yunnan Province, China. Ms. Xue...
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Phnom Penh-SHV Expressway Offers Exclusive Discounts for 3-Day Water Festival Celebration
- 13 November 2024
To celebrate the Royal Water Festival from 14 to 16 November 2024, the Ministry of Public Works and Transport (MPWT) has announced a special three-day discount on the Phnom Penh-Sihanoukville Expressway. Notification No. 052 S.K.R., dated 12 November 2024, confirmed that the Phnom Penh-Sihanoukville Expressway Company will offer a 20% discount on toll fees for all vehicle types during this fest...
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Local Pursat Firm Transforms Waste into Organic Fertiliser to Boost Agricultural & Environmental Impact
- 12 November 2024
Save the Lives (Cambodia) Co. Ltd., based in Pursat province, is revolutionizing waste management by converting collected garbage into organic fertilizer. Licensed to clean, collect, transport, and store solid waste across all seven communes of Pursat City since mid-April 2024, the company started producing natural organic fertilizer under the brand "Sovannaphum" in June 2024. Within just fo...
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China Boosts Cambodia’s Digital Transformation with High-Speed Mobile Network Expansion
- 12 November 2024
Cambodia’s digital transformation has accelerated with China’s commitment to achieving 100% high-speed internet coverage in urban areas and 70% in rural regions by 2025. Confirmed by HE Wang Winpin, Chinese Ambassador to Cambodia, at the Cambodia-China Digital Economic Cooperation Forum on 4 November 2024, this initiative sees significant Chinese investment in enhancing Cambodia’s telecommunica...
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Groundbreaking of 500-Hectare Green Textile Industrial Park in Kampong Speu to Create Up to 60k Jobs
- 12 November 2024
A groundbreaking ceremony on 8 November 2024 marked the start of a 500-hectare green textile industrial park in Chheu Neang village, Taing Sya commune, Phnom Sruoch district, Kampong Speu province. Attended by HE Heng Sour, Minister of Labor and Vocational Training, HE Dr Cheam Chansophoan, Governor of Kampong Speu Province, and Mr. John Yu, Chairman of Golden Integrity International Investment...
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French Luxury Brand Metal Jewellery Opens New Factory in Cambodia, Boosting Local Industry & Jobs
- 11 November 2024
Metal Jewellery Cambodia, a renowned French jewellery brand, officially opened its production and assembly factory for metal and plastic jewellery on 9 November 2024. The inauguration, led by HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, marks a major milestone following the company’s investment permit approval in June 2023. HE Chea Vuthy emphasised the significance...
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