Chinese company Wuxi wants to invest in key potential sectors in Cambodia

Chinese company Wuxi wants to invest in key potential sectors in Cambodia

The leader of Wuxi Guolian Group Co., Ltd., based in Wuxi City, Jiangsu Province, People’s Republic of China, is exploring investment opportunities in Cambodia’s priority and high-potential sectors, particularly in finance, manufacturing, green energy, and renewable energy. Hua Xiao Feng, Vice President of Wuxi Guolian Group Co., Ltd., revealed the investment plan in a meeting […]

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Century-old Chinese firm considering SSEZ investment

Century-old Chinese firm considering SSEZ investment

Chinese investment giant Wuxi Guolian Group has expressed an intention in contributing to the development of the Sihanoukville Special Economic Zone (SSEZ) through investment in the processing of agricultural products for export to China. Hua Xiao Feng, vice-chairman of Wuxi Guolian Group, met with Chea Vuthy, secretary-general of the Council for the Development of Cambodia […]

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Cambodia moves to boost innovation with new STI Evaluation Framework

Cambodia moves to boost innovation with new STI Evaluation Framework

Synopsis: Ministry of Industry, Science, Technology and Innovation introduces standardised evaluation framework aimed at boosting Cambodia’s science, technology, and innovation capacity. In a bold step towards transforming Cambodia into a knowledge-based economy, the Ministry of Industry, Science, Technology and Innovation has unveiled a standardised evaluation framework designed to measure and enhance the country’s science, technology, […]

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Comprehensive policy on pepper on the anvil

Comprehensive policy on pepper on the anvil

The Ministry of Commerce (MoC) is developing a comprehensive policy on Cambodian pepper, Va Rutsan, Secretary of State at the Ministry of Commerce, said on Tuesday. He made the statement while speaking at a workshop organised by the MoC in Tboung Khmum province. The workshop was held in cooperation with the provincial administration. Senior officials of […]

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Coca-Cola Cambodia Beverage Company shows a strong dedication to sourcing local raw material partners

Coca-Cola Cambodia Beverage Company shows a strong dedication to sourcing local raw material partners

Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), Sun Chanthol, welcomed a delegation from the Coca-Cola Cambodia Beverage Company, led by CEO Paulo Gaspar Rodrigues, to the CDC’s office yesterday for a courtesy call. This meeting was organised to discuss the latest developments in the company’s investment […]

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Vietnam invests in 215 projects in Cambodia, eyes expansion in key sectors

Vietnam invests in 215 projects in Cambodia, eyes expansion in key sectors

Vietnam currently holds 215 investment projects in Cambodia, focusing on agriculture, telecommunications, banking, financial services, food processing, mining, aviation, and tourism, according to Nguyen Minh Vu, Ambassador of the Socialist Republic of Vietnam to the Kingdom of Cambodia. Speaking to AKP on the occasion of the 58th anniversary of diplomatic relations between Vietnam and Cambodia, […]

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US artificial intelligence firm expands to Cyprus

US artificial intelligence firm expands to Cyprus

Bcentriqe.ai, headquartered in Santa Clara (Silicon Valley), California, United States, has announced its strategic expansion into Cyprus. According to an announcement by Invest Cyprus, the move “aims to empower youth and entrepreneurs with pioneering artificial intelligence solutions”. The agency also said that Bcentriqe.ai’s decision “underscores its commitment to educate and recruit young people and entrepreneurs in Cyprus around […]

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Alpha Bank acquires AstroBank to become Cyprus’ third largest lender

Alpha Bank acquires AstroBank to become Cyprus’ third largest lender

AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. According to the announcement, the agreement involves the full transfer of its banking assets and obligations, including its personnel, to Alpha Bank Cyprus. The bank said that the “integration […]

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CDC, IFC collaborate to boost green investment in SEZs

CDC, IFC collaborate to boost green investment in SEZs

Synopsis: Enhanced cooperation among public and private stakeholders would help SEZs evolve into key engines of sustainable and inclusive growth. The Council for the Development of Cambodia (CDC) and the International Finance Corporation (IFC) co-hosted a workshop to advance green investment initiatives in Special Economic Zones (SEZs), aiming to align industrial development with sustainable and […]

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