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China’s Undersea Cable Expansion Defies U.S. Sanctions, Bolsters Domestic Production
China's undersea cable manufacturers are thriving despite U.S. trade restrictions, with Beijing's push for self-sufficiency in critical communications infrastructure fuelling growth. FiberHome International Technologies, blacklisted by the U.S. in 2020, has reported increased business due to China's drive for domestic production. "We don't need foreign technologies," a FiberHome executive told Nik...
Read MoreSunwah Group Eyes Electric Vehicle Assembly Investment in Cambodia
Sunwah Group is considering investing in the assembly of electric vehicles in Cambodia, exploring the sector's potential with keen interest. Representatives from SUN WAH PROPERTIES (CAMBODIA) CO., LTD. recently met with HE Nuth Un Vanra, Deputy Secretary General of the Cambodian Investment Committee of the Council for the Development of Cambodia (CDC), to discuss these investment opportunities on ...
Read MoreGov’t Calls on Capital-Provincial Governors for More Drug Rehabilitation Centres in Cambodia
HE Dr Sar Sokha, Deputy PM and Minister of Interior has urged capital-provincial governors to attract and support private investment projects for the establishment of drug addiction rehabilitation centres in Cambodia. This statement was made at the inauguration ceremony of His Excellency Pen Kosal as the new Governor of Tbong Khmum Provincial Board of Governors on 11 July 2024. During the cerem...
Read MoreConstruction Project on NR No. 71c (Tbong Khmum-Kampong Cham) Completed 3 Months Ahead of Schedule
The construction of NR No. 71c, stretching 114.62km from NR No. 7 point PK150 + 700 in Tbong Khmum province to NR No. 71 point PK30 + 400 in Kampong Cham province, has been completed 100% and is set to be officially inaugurated soon. This information was announced on the Ministry of Public Works and Transport's official Facebook page on 14 July 2024. Currently, the Ministry of Public Works and ...
Read MoreGov’t Reveals Three Ambitious Visions to Transform Sihanoukville into ASEAN’s Leading Trade Hub
The development plan for Sihanoukville aims to transform the city into a multi-purpose special economic zone through a two-phase strategy, targeting three major goals. This announcement was made in a press release from the Ministry of Economy and Finance on 9 July 2024. The first phase (2025-2028) will focus on integrating Sihanoukville into the regional trade system, expanding logistics and to...
Read MoreToyota CEO to Launch Motor Vehicle Training Academy in Cambodia
Toyota Tsusho Manufacturing (Cambodia) is set to establish a Toyota Academy in Cambodia, aimed at providing specialized motor vehicle training. The company's director, Mr. Fujita Ryoji, announced this initiative during a meeting with PM Hun Manet on 2 May 2024. In response, PM Hun Manet instructed the company to collaborate closely with the Ministry of Labor and Vocational Training to finalise ...
Read MoreJapan Commits US$50m to Expand Phnom Penh’s Electricity Infrastructure
The Japanese government has committed to lending 8 billion yen (US$50 million) to expand Phnom Penh's electricity grid. This announcement came following the visit of Japan's Minister of Foreign Affairs, Mrs. Kami Kawayoko, to Cambodia from 5 to 6 July 2024. During her visit, Mrs. Kami Kawayoko met with Samdech Techo Hun Sen, President of the Senate, and Samdech Hun Manet, Prime Minister. Additi...
Read MoreNR No 7 Expansion Project Reaches 20% Completion Milestone
The project to expand and upgrade National Road No. 7 into four lanes from the Skun roundabout to the base of the Kizuna Bridge has achieved 20% completion. PM Hun Manet announced this progress during the National Fish Day ceremony on 1 July 2024. PM Hun Manet also mentioned that the working group has addressed 80% of the issues related to the project. The initiative, which began in January 202...
Read MoreCambodia’s 44 SEZs Drive Almost 200k Job Creation & Economic Growth
Cambodia currently boasts 44 special economic zones (SEZs), generating nearly 200,000 employment opportunities. This was highlighted by HE Chea Vuthy, Secretary General of the Cambodian Investment Committee of the Council for the Development of Cambodia (CDC), during a meeting on 2 July 2024 with a delegation from Greenleaf Sci. & Tech Group Co., Ltd., led by Xi Jiancheng. HE Chea Vuthy emp...
Read MoreTycoon Mong Reththy Completes 9.2km Lorry Street, Set to Open for Tourists Soon
Two lorry roads – small local trains - with a total length of 9,200 metres, including the first and second stations, as well as three tunnels in the Mong Reththy Sen Chey agro-tourism development resort, have been completed. This significant milestone is set to enhance the resort's accessibility and visitor experience, according to the official Facebook page of Okhna Mong Reththy, published on 5 J...
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