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ខ្មែរ Uncategorized
87% of Property Developers in Asia Pacific Targeting 100% Green Certified Portfolios by 2030
- 14 April 2024
A recent study by JLL unveils a significant trend in the Asia Pacific region, with nine out of ten commercial real estate occupiers striving to achieve 100% green-certified portfolios by 2030, driven by corporate net zero carbon (NZC) goals. This revelation comes from Retalkasia's report dated 26 March 2024. According to global real estate consulting firm JLL (NYSE: JLL), 87% of occupiers surve...
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Manhattan SEZ to Expand Operations in Svay Rieng Province
- 13 April 2024
In a significant move aimed at bolstering economic development in Cambodia, Manhattan Special Economic Zone (SEZ) has announced plans for further expansion in Bavet city, Svay Rieng province, in collaboration with Singapore's SJ Group. The announcement came following a high-level meeting between HE Sun Chanthol, Deputy Prime Minister and first Vice President of CDC, Mr. Clement Yang, Director G...
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Cambodia’s New Law Paves the Way for Inland Waterway Investment
- 13 April 2024
The Cambodian government has taken a significant step towards enhancing inland waterway investment with the official promulgation of the Law on Inland Water Transport. Encompassing 18 chapters and 275 articles, this legislation aims to stimulate investment and development in Cambodia's inland waterway and port sector, offering lucrative opportunities for both domestic and international trade. S...
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Investors from Guangdong-Hong Kong-Macao Eye Green Economic Zones in Cambodia, Forge Bilateral Ties
- 13 April 2024
China's Guangdong-Hong Kong-Macao Gulf Confederation is poised to bolster investment in Cambodia, particularly in green economic zones and other strategic sectors. Dr. Jonathan KS Choi, President of the Gulf Federation, underscored this commitment during a Memorandum of Understanding signing ceremony with HE Hem Vandy, Cambodia's Minister of Industry, Science, Technology, and Innovation, on 9 Apri...
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More Than 60 Chinese Investors Eye Cambodia’s Five Lucrative Sectors
- 12 April 2024
More than 60 delegates from China are actively exploring investment opportunities across various sectors in Cambodia, signalling a significant bilateral cooperation effort. Led by Jonathan K.S. Choi, President of the Chinese Chamber of Commerce, Coastal Entrepreneurs Alliance, and Sunwa Group, the delegation, comprising entrepreneurs from Guangdong, Hong Kong, and Macao, expressed keen interest...
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Japan’s US$30m Grant Kickstarts Groundbreaking Water Supply Project in Svay Rieng
- 12 April 2024
The commencement of the US$30.6 million Svay Rieng Water Supply System Expansion Project marks a pivotal step towards addressing the province's water needs. Announced by the Svay Rieng provincial administration via their official Facebook page on 11 April 2024, the groundbreaking ceremony signifies the onset of a project set to redefine the area's infrastructure landscape. At the construction s...
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Malaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia
- 11 April 2024
Malaysia's KSI Strategic Institute, led by the institute’s president Tan Sri Michel Yao, has unveiled plans to establish the ASEAN Economic Club and explore investment opportunities in Cambodia. This announcement follows a meeting between Samdech PM Hun Manet and Mr. Tan Sri Michel Yao on 8 April 2024. During the discussion, Mr. Tan Sri Yao outlined the institute's intention to assess potential...
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Gov’t Introduces Five Urgent Measures to Tackle Factory Challenges Amid Hot Weather
- 10 April 2024
The Ministry of Labor and Vocational Training (MLVT) has rolled out five immediate measures aimed at addressing challenges faced by factories during hot weather conditions. This announcement was made on 9 April 2024. The measures prescribed by the ministry include: Ensuring proper ventilation by opening doors and windows or installing fans within the workplace. Increasing the provision ...
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Room to Read’s 20-Year Impact: 339 Library Buildings Constructed in Cambodia
- 10 April 2024
Over the past two decades, Room to Read Cambodia (RRC) has made a significant impact on education by constructing 339 libraries across Cambodia. This milestone was announced by the Ministry of Education, Youth and Sports on 9 April 2024. In addition to the construction of libraries, RRC has established 2,111 school libraries and provided training to 9,000 teachers and librarians, as stated by t...
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CHN ENERGY Plans US$1bn Investment in Renewable Energy Projects in Cambodia
- 9 April 2024
China's leading energy company, CHN ENERGY, has unveiled plans to invest a staggering US$1 billion in the development of renewable energy projects in Cambodia. The announcement came following a productive meeting between HE Suon Sophal, Deputy Secretary General of Cambodia's Investment Committee, and Mr. I Seang, a representative of CHN ENERGY Enterprise, on 8 April 2024. During the meeting, re...
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