Property News Roundup March 10th, 2025
We’re delighted to share the weekly news highlights below.
- Chinese Energy Producer Aims to Expand in Cambodia, Targeting Agriculture and Energy Sectors
In a significant development for Cambodia’s economy, Chilwee Group, a leading energy producer from Zhejiang Province, China, is looking to expand its operations in Cambodia, with a focus on agriculture and energy.
March 03, 2025 | Construction Property | Link: https://tinyurl.com/47cxbj2s
- Cambodia’s Trade Volume Surges to Over USD28 Billion in 2024
In a significant boost to its economy, Cambodia has reported a trade volume exceeding USD 28 billion in 2024, marking an impressive 18% increase from the previous year. The latest import trade report from the General Department of Customs and Excise reveals a total import value of approximately USD 28.5 billion, reflecting robust growth in the nation’s economic landscape.
March 03, 2025 | Construction Property | Link: https://tinyurl.com/ynkurh32
- K-Water Eyes Investment in Cambodia’s Water Resource Management
The Korean Water Corporation (K-water) is actively pursuing investment opportunities in Cambodia’s water resource management sector. During a recent meeting with Prime Minister Hun Manet, K-water CEO His Excellency Yun Seogdae emphasized the company’s commitment to collaborating with Cambodian ministries and institutions.
March 04, 2025 | Construction Property | Link: https://tinyurl.com/5f556wdf
- Cambodia to Construct New Kok Thlak Stadium in Kandal Province
The Football Federation of Cambodia (FFC) has announced an ambitious plan to construct a new stadium, the Kok Thlak Stadium, along with its headquarters in Kandal Province. The project, which has an estimated cost of USD 4.4 million, underscores the federation’s commitment to enhancing the country’s football infrastructure.
March 05, 2025 | Construction Property| Link: https://tinyurl.com/2zxc4fjk
- 40 Japanese Companies Explore Investment Opportunities in Cambodia’s Transportation Sector
In a significant initiative to strengthen the relationship between Japan and Cambodia, a Japanese business delegation, comprising 40 companies, met with key Cambodian leaders, including His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), as well as representatives from the Ministry of Public Works and Transport.
March 05, 2025 | Construction Property | Link: https://tinyurl.com/485v9jch
- Relocation of Chinese firms spur Cambodia’s economy, but experts call for diversification
Chinese companies are increasingly relocating their factories to Cambodia to avoid high US tariffs, a trend that is significantly boosting Cambodia’s exports and overall economic growth.
March 05, 2025 | Khmer Times | Link: https://tinyurl.com/2634epby
- Govt officials inspect Preah Sihanouk projects to boost investment climate
Hean Sahib, Secretary of State at the Ministry of Economy and Finance and Chairman of the Investment Promotion Working Group for Preah Sihanouk, Monday led an inspection team to the Peninsula Bay project and Sihanoukville Special Economic Zone (SSEZ) to strengthen investment promotion under the Royal Government’s Special Investment Promotion Program.
March 05, 2025 | Khmer Times | Link: https://tinyurl.com/tzj4xu28
- Japan Invests Over USD 240K in Cambodia’s Clean Water Initiative
In a significant step towards enhancing access to clean water in Cambodia, the Japanese government has allocated over USD 240,000 for the development of a water supply system in the Kampong Khleang commune, located in Siem Reap province. This funding is part of the Kusanagi Grant Agreement, aimed at supporting Small-Scale Human Security Projects.
March 06, 2025 | Construction Property | Link: https://tinyurl.com/bdfme2r7
- EU delegation explore investment opportunities in Preah Sihanouk
The Deputy Governor of Preah Sihanouk province Long Dimanche, today received a courtesy call from a European Union delegation, consisting of 12 representatives from 10 countries, led by Andreas Berg, Deputy Head of Mission and Head of Information and Political Affairs of the European Union Delegation to Cambodia.
March 06, 2025 | Khmer Times | Link: https://tinyurl.com/yjwy7sja
- Cambodia, Cuba ink MoU for rice research collaboration
The Royal Government of Cambodia (RGC) and the Republic of Cuba yesterday signed a memorandum of understanding (MoU) to enhance agricultural cooperation through experimental cultivation of Cambodian rice varieties in Cuba, aiming to improve crop adaptability and strengthen bilateral ties.
March 06, 2025 | Khmer Times | Link: https://tinyurl.com/3wdh46ry