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Japan’s US$30m Grant Kickstarts Groundbreaking Water Supply Project in Svay Rieng
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...
Read MoreMalaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia
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...
Read MoreGov’t Introduces Five Urgent Measures to Tackle Factory Challenges Amid Hot Weather
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 ...
Read MoreRoom to Read’s 20-Year Impact: 339 Library Buildings Constructed in Cambodia
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...
Read MoreCHN ENERGY Plans US$1bn Investment in Renewable Energy Projects in Cambodia
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...
Read MoreCambodia’s 2024 Economic Outlook: Seasia Stats Projects 6.1%, Gov’t Forecasts 6.6%, WB Predicts 5.8%
Cambodia's economy is set to achieve robust growth in 2024, with a forecasted expansion of 6.1%, marking the highest figure among ASEAN nations and placing it as the third-highest in Asia. This projection, updated by the Indonesian statistics institute Seasia Stats and reported by RFI on 7 April 2024, underscores Cambodia's remarkable economic resilience and potential for substantial development. ...
Read MoreSCA Secures Operator Rights at Techo Airport, Expanding Presence Across Cambodia
SOCIETE CONSERVER DERAORORPORT (SCA) has extended its operational reach in Cambodia by acquiring operator rights at Techo International Airport, alongside its existing operations at Phnom Penh National Airport. This significant development was reported by the National Television of Cambodia, highlighting SCA's growing influence in the country's aviation sector. The Secretariat of State for Civi...
Read MoreSiem Reap Accelerates Standard Landfill Construction as Daily Garbage Surges to Nearly 600 Tons
Siem Reap provincial authorities, in collaboration with relevant ministries, are fast-tracking the establishment of a new standard landfill project in Prasat Bakong district, Siem Reap province, in response to the alarming daily accumulation of nearly 600 tons of waste. During the meeting chaired by Mr. Chan Thorn, Deputy Director General of the General Department of the Ministry of Economy and...
Read MoreSiem Reap’s Old Airport Set to Transform into Entertainment Hub by AIAI
Siem Reap Angkor International Airport Investment Company (AIAI) has unveiled plans to revitalise the former Siem Reap International Airport into a vibrant entertainment hub within the province. HE Sin Chanserevutha, spokesperson for the State Secretariat of Civil Aviation, announced on 5 March that AIAI has secured the rights to oversee the development of the old Siem Reap International Airpor...
Read MoreCambodia’s First Quarter Sees Surge in Investment: US$2.2bn Infusion
In a dynamic start to 2024, Cambodia's investment landscape has witnessed a significant boost, with the Council for the Development of Cambodia (CDC) greenlighting 106 new projects and production expansions. These ventures boast a colossal investment sum of US$2.2 billion, promising over 170,000 employment opportunities. This pivotal development was disclosed in a press release by the CDC on 5 Ap...
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