Cambodia and South Korea Strengthen Partnership to Accelerate Rural Development Through New Village Movement
On 12 September 2024, Cambodia and South Korea solidified their commitment to enhancing rural development in Cambodia through the signing of a Memorandum of Understanding (MoU) under the New Village Movement project. The MoU, signed between Kyungsangbukdo Province of South Korea and Cambodia’s Asian Cultural Council, highlights a renewed focus on boosting rural infrastructure, promoting […]
Cambodia Allocates Over US$62 Million for Three New Buildings at Calmette Hospital to Boost Healthcare Capacity
Cambodia has committed over USD 62 million to construct three new buildings at Calmette Hospital in Phnom Penh, reinforcing the nation’s healthcare infrastructure. The groundbreaking ceremony for the project was presided over by PM Samdech Hun Manet on 16 September 2024. The project, which includes a 25-story main building, a parking facility, and the Cyclotron […]
Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and His Excellency Kim Jin-pyo, former Speaker of the National Assembly of the […]
Chinese Wanli Stone Eyes Investment in SEZ with Ambition to Expand Marble Business in Cambodia
China’s Wanli Stone, currently operating a thriving marble and granite business in Kampong Speu province, is exploring further investment opportunities in Cambodia, with plans to develop a special economic zone (SEZ). This announcement followed a meeting on 8 September 2024, between HE Sun Chanthol, Deputy PM and first Vice President of the Council for the […]
SHV’s New 253-Meter Container Port Inaugurated with Japanese Aid
A new 253-meter-long container terminal at Sihanoukville Autonomous Port was officially inaugurated on 12 September 2024, marking a significant expansion for Cambodia’s primary port. Attended by PM Samdech Hun Manet, the ceremony highlighted the terminal’s modernized capabilities. The port now include advanced container lifts and loading equipment, boosting the port’s capacity from 550,000 TEU to […]
South Korea’s Yurahanes Invests USD 15m to Expand Car Electronics Assembly Plant in Kampong Speu
South Korean company Yurahanes (Cambodia) is set to expand its car electronics assembly plant in Kampong Speu province, following an investment of over USD 15 million. The factory, which employs 1,200 workers, including seven foreign specialists, was inaugurated under the presidency of HE Deputy PM Hun Many on 26 April 2023. The plant is located […]