PHNOM PENH, April 10, 2024 – Minister Sok Soken led a pivotal meeting this week with the leadership of the Ministry of Tourism to strategize on integrating the “BUILD + 3Ds” initiatives into the Ministry’s long-term action plan. The session concentrated on structuring a three-year action plan (2025-2027), focusing on core objectives, indicators, and directives […]

PHNOM PENH, April 10, 2024 — Cambodia’s exports have seen a significant rise, reaching US$8,005 million in the first four months of this year, marking a 15.2 percent increase from the US$7,606 million recorded during the same period last year. This data was provided by the General Department of Customs and Excise. The report also […]

Cambodian Prime Minister Hun Manet stated that in the first four months of 2024, the Royal Government of Cambodia approved 128 new investment and expansion projects with a total investment of more than $2.5 billion, which will create more than 130,000 jobs. The premier spoke on Thursday (May 9) during an inauguration of the Cambodia […]

Cambodian Prime Minister Hun Manet vowed to attract new investors and establish an effective private sector problem-solving working group. He made this statement on Thursday (May 9) during an inauguration of Cambodia Confederation of Investors Association (CCIA) at Diamond Island Convention and Exhibition Centre. The premier continued that in order to attract more new investment, […]

Cambodia exported $2.35 billion worth of agricultural products in the first four months of this year, said a report from the Ministry of Agriculture, Forestry and Fisheries. Some 5.3 million tonnes of agricultural products have been exported during the period, a year-on-year increase of 74 percent, read the report. The main products Cambodia exported included […]

The Japan International Cooperation Agency (JICA) has recently launched an agriculture development program in Pursat province aiming to both increase rice production yields throughout the province, while simultaneously reducing the negative effects of large-scale paddy farming through the use of innovative new production techniques. The venture reflects another example of the ongoing support and capital […]

In the first four months this year, Cambodia exported 248,491 tonnes of rice worth $170.2 million, a report by the Cambodia Rice Federation (CRF) showed yesterday. Cambodia gained $46.6 million from exporting 82,491 tonnes of rice in April alone, the report said. China was Cambodia’s largest rice importer as it purchased 67,457 tonnes of milled […]

The Council for the Development of Cambodia (CDC) in collaboration with the Japan External Trade Organisation (JETRO) yesterday organised an investment forum in Tokyo to attract Japanese investors to explore opportunities in the Kingdom. Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of CDC on Tuesday led a high-level delegation to promote investment potential to […]

Prime Minister Hun Manet on Tuesday okayed Qatar investors to explore investment opportunities and seek business partners in several sectors including trade, investment and vocational training. This was revealed by Khalid Ali Abdullah Abel, Ambassador of Qatar to Cambodia during a courtesy call to Prime Minister Hun Manet held at the Peace Palace, Phnom Penh […]

Cambodia registered projects with fixed-asset investments worth $310 million in April this year, a year-on-year decrease of 47 percent from the $588 million recorded in April last year. The number of approved fixed-asset projects decreased by 66 percent from 65 projects registered during the same period last year. Chinese investors are the largest source of […]

Prime Minister Hun Manet yesterday encouraged all ministries and institutions to strive to establish a digital ecosystem – a group of interconnected information technology sources – for business and trade operations aimed at creating a foundation for a better business environment while luring more foreign investment into the Kingdom. Presiding over the official launch of […]

Cambodia’s exports grew by an average of 13.3 percent between 2017 and 2023 and reached $23.47 billion, or 54.7 percent of the country’s gross domestic product in 2023. The figures were emphasised by Hun Manet, Prime Minister of the Kingdom of Cambodia while presiding over the launching ceremony of the National Single Window at Sokha […]

The Council for the Development of Cambodia (CDC) on May 7, 2024 issued a press release stating that in April 2024, the CDC approved 22 new projects and production expansion projects with a total investment of over $309 million. According to a press release, in April 2024, the CDC approved 21 new projects and one […]

Phnom Penh, 06 May, 2024: Anticipation grows as the completion of the Kampot International Tourism Port (KITP) draws near, promising to become a pivotal hub for both national and international tourists and a catalyst for economic growth. Located in Teuk Chhou district of Kampot province and spanning an impressive 4.5 hectares, the KITP is slated […]

The Kampot International Tourism Port, built using a loan from the Asian Development Bank (ADB), will commence operations in the third quarter of 2024, serving as a gateway for cruise ships connecting Thailand and Vietnam with Cambodia. The construction of the port was financed by an ADB loan of more than $10 million, given as […]

Lim Lork Piseth, Secretary of State at the Ministry of Commerce, accompanied by Tuy Ry, Ambassador of Cambodia to Japan, recently met with Mr TAKAHASHI Shinichi, Vice Mayor of Sendai City, at Sendai City Hall, Sendai City, Miyagi Prefecture, Japan, to discuss bilateral cooperation between Cambodia and Sendai in the fields of the economy, trade, […]