Toyota Unveils US$36 Million Assembly Plant in Phnom Penh SEZ
In a significant boost to Cambodia’s automotive industry, a new Toyota assembly plant, valued at over US$36 million, was officially inaugurated in the Phnom Penh Special Economic Zone on 2 May 2024. This landmark event was presided over by Samdech Hun Manet, Prime Minister, marking a new era in the country’s manufacturing capabilities. The Toyota […]
Cambodia Forges Ahead with International Standard Community Nurseries for Workers
Cambodia is accelerating its initiatives to establish community nurseries built to international standards. In a concerted effort to elevate working conditions and support the welfare of labourers, the Ministry of Labor and Vocational Training (MLVT) convened a pivotal meeting on 18 April 2024, in collaboration with the World Child and Development Organisation and the World […]
Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV
The Preah Sihanouk Provincial Sub-Committee on Investment (ECCC) has greenlit an ambitious venture by Cooper Packing (Cambodia) Co., Ltd., investing upwards of US$3 million to erect a state-of-the-art cardboard factory in Sihanoukville. The decision came to light during a meeting presided over by Mr. Kouch Chamroeun, Governor of Preah Sihanouk Province, on 17 April 2024. […]
Construction Sector Thrives: Ministry Approves 3,207 Projects Worth US$5.4bn in 2023
In 2023, Cambodia’s construction landscape witnessed a remarkable surge, with the Ministry of Economy and Finance (MEF) greenlighting a total of 3,207 construction projects, collectively valued at US$5.4 billion. This data, unveiled in a ministry report, highlights a significant stride in the nation’s development trajectory. The report indicates a notable shift in construction dynamics compared […]
Construction Begins on Quảng Trị’s US$580m Deep-water Port After 4-Year Delay
Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews on 26 March 2024. Approved by the Prime Minister on 4 January 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to […]
Manhattan SEZ to Expand Operations in Svay Rieng Province
In a significant move aimed at bolstering economic development in Cambodia, Manhattan Special Economic Zone (SEZ) has announced plans for further expansion in Bavet city, Svay Rieng province, in collaboration with Singapore’s SJ Group. The announcement came following a high-level meeting between HE Sun Chanthol, Deputy Prime Minister and first Vice President of CDC, Mr. […]