Preah Sihanoukville, a key coastal province, is poised for a significant transformation, thanks to a series of strategic investment projects that have been greenlit for implementation. The Ministry of Economy and Finance has been at the forefront of these developments, aimed at harnessing the region’s potential and stimulating its economic landscape. At the helm of…
In a significant step towards transforming Cambodia’s coastal regions, the 7th Inter-ministerial Technical Working Group (TWG) meeting was held on April 1, 2024, in Kampot province. Chaired by His Excellency Dr. Phan Phalla, Secretary of State of the Ministry of Economy and Finance, the meeting focused on reviewing and providing technical input on the draft…
At the opening of the Cambodia-ASEAN Business Summit 2024, Prime Minister Hun Manet unveiled a range of exciting investment opportunities and initiatives aimed at boosting Cambodia’s economic growth and strengthening ties within the ASEAN community. The Royal Government of Cambodia has introduced the “Special Program to Promote Investment in Preah Sihanouk Province 2024,” offering special…
A delegation of 17 Chinese industrial firms, led by Shen Mingrong, Chairman of Zhenjiang ZhoungChao New Material Co Ltd, recently met with Prime Minister Hun Manet to discuss their interest in transforming Preah Sihanouk province into a ‘Multi-Purpose Model Special Economic Zone’ (SEZ). The meeting centered around expanding investments, attracting new business ventures, and contributing…
In the coastal province of Preah Sihanouk, Cambodia, a magnificent copper statue stands tall, depicting the legendary co-founders of the Funan Kingdom, Preah Thong and Neang Neak. Located at the namesake roundabout in Prey Nop district’s Ream commune, this awe-inspiring monument is a testament to Cambodia’s rich history and cultural heritage. The Preah Thong and…
Haoruidar (Cambodia) Co Ltd is poised to channel over $12 million into constructing a fruit processing facility in Preah Sihanouk province, targeting international markets while engaging directly with local farmers for fruit supplies. This initiative, as revealed by Long Dimanche, the deputy governor of Preah Sihanouk, has received the government’s nod and is set to…
The Council for the Development of Cambodia (CDC) is set to sanction two significant investment initiatives in Sihanoukville province, with a combined value nearing $600 million. This development follows a recent meeting between the CDC and the Preah Sihanouk Provincial Administration, where the evaluation of these two private investment proposals took place. The first initiative,…
Preah Sihanouk province emerged as a prime destination during the Lunar New Year celebrations, drawing an impressive 294,301 visitors, including 11,905 from abroad, which represents 28 percent of the total tourist influx for the period spanning February 09-11. This surge in visitation was highlighted in a recent report by the Ministry of Tourism (MoT), which…
VINCI Airports, the French entity engaged in the development of Cambodia’s aviation infrastructure, has earmarked 2026 as the completion year for the terminal expansion at Sihanoukville International Airport, identifiable by its IATA code ‘KOS’. This announcement was made by Emmanuel Menanteau, the Regional Director of VINCI Airports, during a meeting with Sun Chanthol, the Deputy…
At the ’10th World Cashew Conference 2024′ held in Sihanoukville, international participants from key global cashew markets gathered to share insights, forge a unified network, and secure competitive standings for cashews in regional and global arenas. Aun Pornmoniroth, the Deputy Prime Minister and Minister of Economy and Finance, presided over the event from February 1…
The coastal city of Sihanoukville is on the cusp of a transformative era, heralded by Prime Minister Hun Manet’s recent unveiling of the “Special Investment Promotion Program in Sihanoukville 2024.” This groundbreaking initiative signifies a pivotal moment in Cambodia’s economic evolution, with Sihanoukville set to become a focal point of national and international investment. At…
The coastal province of Preah Sihanouk is on the brink of a significant transformation as its development plan to become a multi-purpose Special Economic Zone (SEZ) is nearing completion, according to Deputy Governor Long Dimanche. This strategic plan is anticipated to be presented to the Cambodian government for approval and implementation by the second quarter…
On the 22nd of January, 2024, the Ministry of Economy and Finance played host to the 6th Inter-ministerial Technical Working Group (TWG) meeting, a significant step in coordinating the development and implementation of the Master Plan for Preah Sihanouk Province’s transformation into a Model Multi-purpose Special Economic Zone (SEZ). Chaired by His Excellency Dr. Phan…