Chinese Firm ICAP Announces Major Investment Plans in Cambodia’s Electric Vehicle Sector
In a significant development for Cambodia’s automotive industry, China’s Infinite Capital Holding Company (ICAP) has unveiled ambitions to invest in the manufacture of electric vehicle components in the country. The announcement was made during a meeting on February 17, 2025, between Prime Minister Hun Manet and ICAP’s Chairman and CEO, Zhang Chaomin. During this pivotal […]
Henan Provincial Administrative to Invest in Agro-Industrial Park in Cambodia
The Henan Provincial Administrative of China has announced plans to invest significantly in Cambodia to establish an agro-industrial park focused on agricultural product processing. This development was revealed during a recent meeting with His Excellency Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), and a […]
Thailand is accelerating major projects to become the largest transportation hub in ASEAN
Thailand is accelerating efforts to become the leading transportation hub in Southeast Asia by developing major infrastructure projects, including cruise ship terminals, a new airport, and flyovers. Deputy Minister of Transport Manaporn Charoensri emphasized the country’s strategic geographic location, which positions it as a central transit point in the region. Key initiatives include constructing three […]
Thailand to Invest USD 11 Million in Border Fence with Cambodia
In a move to bolster border security, Thai authorities have announced plans to construct a 55-kilometer fence along the Cambodian-Thai border in Sa Kaeo province, with an estimated budget of 395 million baht (approximately USD 11 million). This significant development was reported by Radio France Internationale (RFI) on February 13, 2025. Deputy Prime Minister Phumtham […]
Takeo Province to Invest Over USD 2 Million in New Temple Project
In a move aimed at enhancing cultural heritage and boosting tourism, provincial authorities have announced plans to invest more than USD 2 million in the construction of a new temple located in the heart of Lake Takeo. The initiative was disclosed at a meeting led by Mr. Vy Samnang, Governor of Takeo Province. Governor Wei […]
BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone
In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant […]