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Cambodia & South Korea Join Forces in a Three-Year Endeavor to Preserve & Restore Angkor Wat
The Cambodian government and the Republic of Korea have formally entered into a Memorandum of Understanding (MoU) dedicated to the conservation and restoration of Angkor Wat over the next three years. This significant pact was officially inked on 19 February 2024, in a collaborative effort between the Cultural Heritage Administration of the Republic of Korea and the Apsara Authority of the Kingdom...
Read MoreCambodia’s 2033 Transport Master Plan Unveils 3 New Expressways and 4 (High-Speed) Railways
In a visionary move, Cambodia has unveiled an expansive Transportation & Logistics Master Plan, setting forth ambitious goals for developing 174 major infrastructure projects over the next decade. The comprehensive plan encompasses various sectors, including 94 road development projects, 23 river waterway projects, 20 sea transport projects, 10 air projects, and 15 gas pipeline projects, requi...
Read MoreThe Gov’t Greenlights New Legislation to Propel Waterway Investments
The Office of the Council of Ministers has given its approval to a draft law on waterway transport comprising of 18 chapters and 275 articles, marking a significant stride towards enhancing waterway investment and port management in Cambodia. This development was announced in a press release dated February 2, 2024. The primary objective of this draft law is to effectively oversee and advance wa...
Read MoreRevolutionizing Energy: Successful Space-to-Earth Transfer Pilot Sets Stage for Powering 10,000 Homes in Next Phase
In a groundbreaking achievement, the Space Solar Power Demonstrator (SSPD) has accomplished the first-ever transmission of solar power from orbit to Earth. Conducted through the Microwave Array for Power-transfer Low-orbit Experiment (MAPLE), the experiment marks a significant stride towards establishing space-based solar power stations, according to iflscience.com published on February 15, 2024....
Read MoreIndia Eyes Technological Investment with Proposed Cambodia-India Special Economic Zone
India has signaled its interest in establishing a Cambodia-India Special Economic Zone, concentrating on fundamental technology investment projects. This strategic move comes in the wake of active involvement from Japan and the United Kingdom, both actively engaged in establishing their economic footprints in Cambodia. During a courtesy call and discussions held on 21 February 2024, HE Dr Devya...
Read MoreCambodia Aims for Ambitious Infrastructure Development with a US$40bn Investment Plan
The Cambodian government is embarking on an ambitious journey to secure approximately US$40 billion in funding for the execution of 174 prioritized infrastructure projects over the next decade. Deputy Prime Minister Sun Chanthol, who also serves as the First Chairman of the Council for the Development of Cambodia (CDC), shared this strategic vision during a meeting held on 20 February to assess th...
Read MoreCambodia’s Takhmao Techo International Airport Nears Completion with 64% Milestone
In a significant stride towards becoming Asia's largest and most advanced airport, Takhmao Techo International Airport (TTIA) in Cambodia has marked an impressive 64.1% completion of its first-phase construction as of February 8, 2024. Mr. Sin Chanserivutha, the Undersecretary of State and Spokesman for Civil Aviation provided this update during an inspection alongside Dr. Mao Havanal, Minister in...
Read MoreA New Epoch Unveiled: Ministry of Industry’s “Techo Sen” 18-Storey Building Officially Launched
In a landmark event, the Ministry of Industry, Science, Technology, and Innovation ushered in a new era with the official inauguration of its towering 18-storey office building, named "Techo Sen." Presiding over this momentous occasion was Samdech Hun Manet, Prime Minister of Cambodia, on February 21, 2024. The grand edifice, strategically situated along Norodom Blvd, stands as a testament to C...
Read MoreKandal Province Boosts Connectivity with 150 New Mobile Antenna Stations, Enhancing Existing Network of 790 Operational Stations
Kandal province has seen the installation of 790 mobile antenna stations as of February 2024. Acknowledging the growing demand for mobile internet services, the Ministry of Posts and Telecommunications inaugurated the construction site for an additional 150 mobile antenna stations during a groundbreaking ceremony led by HE Chea Vandeth, Minister of Posts and Telecommunications (MPT) on 20 February...
Read MoreCambodia’s Notable Factory Boom, 241 New, Amid Nearly 100 Closures in 2023
A considerable swell in Cambodia's industrial landscape has been seen through 2023—a year marked by both substantial growth and notable challenges. According to the latest findings from the Ministry of Industry, Science, Technology, and Innovation (MISTI), the kingdom celebrated the launch of 241 new factories. Yet, it grappled with the closure of 98 industrial units, underscoring a complex narrat...
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