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ខ្មែរ Uncategorized
France & EU Set to Boost Phnom Penh Water Supply’s Capacity for Clean Water Development
- 19 October 2024
The French Development Agency (AFD) and the European Union are gearing up to enhance the capabilities of the Phnom Penh Water Supply Authority (PPWSA) initiative to strengthen Cambodia's water sector, starting in early 2025. This plan, aimed at advancing the Sixth Sustainable Development Goal of universal access to clean water and improved sanitation, was announced after discussions on 14 Octob...
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Private Sector Prioritises Three Key Measures to Boost Cambodia’s Automotive & Electronics Industry
- 17 October 2024
Cambodia's private sector has identified three pivotal measures from a list of 20 priorities to drive the development of the nation's automotive and electronics industry. This decision emerged from the second meeting of the Advisory Council for the Development of the Automotive and Electronics Sector, organized by the Council for the Development of Cambodia (CDC) on 10 October 2024, with over 1...
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Cambodia-ASEAN Trade Surpasses USD 10bn in Eight Months, Achieving Over 11% Growth
- 16 October 2024
Cambodia's trade volume with ASEAN nations soared past USD 10 billion in the first eight months of 2024, reflecting a remarkable growth of more than 11% compared to the same period last year, as highlighted in a report by the General Department of Customs and Excise, released by the Ministry of Information on 27 September 2024. The report detailed Cambodia's export of approximately USD 3.43 bil...
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Canada to Establish Embassy in Phnom Penh, Strengthening Diplomatic & Trade Ties
- 13 October 2024
Canada has announced plans to open an embassy in Phnom Penh, aiming to enhance its long-standing relationship with Cambodia and expand trade cooperation between the two nations. This decision was confirmed during a working meeting between PM Hun Manet and Canadian PM Justin Trudeau on 10 October 2024 in Vientiane, Laos. PM Trudeau informed Hun Manet of Canada's intention to establish the embass...
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Svay Pak Pumping Station Nears Completion, 96% Finished, Set to Alleviate Northern Phnom Penh Flooding
- 12 October 2024
The new Svay Pak pumping station, crucial for addressing the flooding in northern Phnom Penh, is now 96% complete, according to the Phnom Penh Department of Public Works and Transport's update on 9 October 2024. The project is part of a broader initiative to expand flood control capabilities in the city, with the station's total capacity set to increase to 35 cubic meters per second once comple...
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China Grants Over USD 42m to Boost Cambodia’s Infrastructure Development
- 12 October 2024
To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s ongoing dedicat...
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MPWT Completes Trapeang Sre Border Gate Project, Paving Way for Next-Phase Development
- 10 October 2024
The Ministry of Public Works and Transport (MPWT) has officially announced the successful completion of the Trapeang Sre International Border Gate Improvement Project, a critical undertaking implemented under the Official Development Assistance Framework of the Republic of Korea. This milestone is expected to enhance cross-border trade and logistics operations in the region, positioning Cambodia f...
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Pinglu Canal Set to Revolutionise China-ASEAN Trade Routes, Achieves 53% Milestone
- 9 October 2024
The Pinglu Canal, a pivotal infrastructure project in southern China’s Guangxi Zhuang Autonomous Region, has already seen 53.2% of its construction completed since work began on 28 August 2022. This major progress was reported on 10 September 2024. With a total investment of approximately USD 9.97 billion, this ambitious project is expected to open new trade corridors between China and ASEAN co...
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Cambodia’s Trade Volume with RCEP Surges to Nearly USD 23bn in 8-Month Period, Up 17%
- 9 October 2024
Cambodia’s trade relations with the Regional Comprehensive Economic Partnership (RCEP) witnessed substantial growth in the first eight months of 2024, reaching an impressive USD 22.92 billion, a 17.2% increase compared to the USD 19.55 billion recorded during the same period last year. This spike in trade highlights Cambodia's deepening economic integration with RCEP member countries, which acc...
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Cambodia & Canada Forge New Path in Joint Venture Developments with MoU SigningCambodia & Canada Forge New Path in Joint Venture Developments with MoU Signing
- 9 October 2024
To strengthen bilateral investment and expand economic cooperation, Cambodia and Canada have formalized an agreement to promote joint venture projects, focusing on priority sectors such as agriculture, renewable energy, and technology. The MoU was signed between the Cambodian Duke Association and Excellence Industrielle Saint-Laurent (FISL) of Quebec, Canada, during the visit of Cambodia's Depu...
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