Ministries Organize Media Tour to Promote Cashew Nut Production

date_range 30-Nov-2023
visibility 4

Phnom Penh, November 30, 2023 --The Ministry of Agriculture, Forestry, and Fisheries, in collaboration with the Ministry of Commerce, on Nov. 29, hosted a media tour for a cashew production chain in three capital and provinces of Cambodia.Attended by 30 journalists from various Cambodian media institutions, the tour, supported by the European Union, aimed to engage the media in promoting Cambodia's priority commercial agro-industrial crops with market expansion and more exports, according to Secretary of State at the Ministry of Agriculture, Forestry, and Fisheries H.E. Touch Bun Hour.Cashew is Cambodia's second-priority crop after rice because it is easy to grow, requires less water, and is more climate-resilient compared to other crops, he added.Based on surveys, 2.38 million hectares of Cambodia's land are suitable for growing cashew, which is now commonly grown in the provinces of Kampong Cham, Thbong Khmum, Kampong Thom, Kratie, Mondulkiri, Rattanakiri, Stung Treng, Preah Vihear, Oddar Meanchey, Siem Reap, and Kampong Chhnang.In the first nine months of 2023, Cambodia exported over 380,000 tonnes of fresh cashew nuts to China, Japan, Bangladesh, Vietnam, and Thailand.About 156 tonnes of processed cashew nuts were exported to China, the Czech Republic, Japan, Korea, the Netherlands, Vietnam, Thailand, Taiwan, and the United States.The average price of fresh cashew nuts is between US$1,700 and US$1,900 per tonne, and the average annual harvest is between 600,000 and 800,000 tonnes.

ASEAN’s Challenges and Opportunities Forum Held in Phnom Penh

date_range 29-Nov-2023
visibility 3

Phnom Penh, November 26, 2023 --The Club of Cambodian Journalists (CCJ) organised a forum on "ASEAN Future: Challenges and Opportunities" at the Sunway Hotel Phnom Penh on Nov. 25 under the chairmanship of H.E. Dr. Kao Kim Hourn, Secretary-General of ASEAN and Mr. Puy Kea, CCJ President with the participation of more than 70 journalists from 51 institutions.In the forum, H.E. Dr Kao Kim Hourn shared his views on “The Future of ASEAN: Challenges and Opportunities,” through a discussion with a group of Cambodian journalists.The ASEAN secretary-general also briefed the group on the latest developments in the region, including the important work of crafting the ASEAN Community Vision 2045, which is a long-term workplan shaping ASEAN’s strategic environment in the next 20 years.CCJ said the above topics were important for journalists to understand more about ASEAN's role, including ASEAN's solution to all challenges and world order in the face of superpower rivalry, particularly a road to "one community, one destiny" for economic prosperity.The forum was suited to regional and global situation, and was also an opportunity for journalists to learn more about ASEAN's role and future and provide a chance for journalists to ask questions related to the above topics to produce in-depth articles.

Rural Development Minister and German Ambassador Discuss Cooperation

date_range 21-Nov-2023
visibility 5

Phnom Penh, November 18, 2023 --The Minister of Rural Development has received the Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to Cambodia for a cooperation discussion.The minister, H.E. Chhay Rithi Sen, met with the ambassador, H.E. Stefan Messerer, at the ministry on Nov. 17.He walked the German diplomat through the ministry's priorities, guided by the Royal Government's Pentagonal Strategy-Phase I.They include the expansion of rural road infrastructure and transport, better access to public services such as sanitation and hygiene in remote areas, and rural economic diversification through skills training and job creation for youths.Strengthening grassroots-level administrative services, sub-national institutional capacity building, and good governance is also the ministry's priority.H.E. Stefan Messerer spoke highly of the priorities as well as the overarching Pentagonal Strategy-Phase I and reaffirmed his commitment to support the ministry's rural development interventions.

Cambodian-Chinese Media Urged to Collaborate in Combating Fake News

date_range 20-Nov-2023
visibility 12

Phnom Penh, November 17, 2023 --Minister of Information of Cambodia H.E. Neth Pheaktra has called on the Cambodian and Chinese journalists to work together to protect the integrity of international news by combating fake news and information interference in order to promote the building of a Community of Common Destiny for humanity.H.E. Minister made the appeal while he, Chinese Ambassador to Cambodia H.E. Wang Wentian and visiting H.E. Hu Jinjun, Vice President of China Media Group, were presiding over the Cambodia-China High-Level Media Forum and 3rd Cambodia-China Cultural Exchange Forum, jointly organised by Cambodia-China Friendship Radio (CCFR) and the Cambodian Ministry of Information, at Sokha Phnom Penh Hotel this morning.H.E. Neth Pheaktra suggested China Central Radio and Television General Station, a leading international broadcasting body, strengthens cooperation with legal media organisations in Cambodia in various areas, such as technical innovation, human resource training, production and broadcasting and cultural exchange.Promotion of cultural exchange and integration between the two countries, as well as the broadcasting of achievements of cooperation and relations between the two peoples should be continued, he added.For his part, H.E. Wang Wentian laid stress on the key role played by medial, saying that it is an important element of people-to-people exchanges between Cambodia and China. Over the years, he continued, media has significantly contributed to the mutually beneficial cooperation in all fields between both nations.H.E. Ambassador recalled the high-level meetings between the Cambodian and Chinese top leaders this year, during which the two sides agreed to promote the synchronisation of the “Belt and Road” Initiative and the “Pentagonal Strategy”, accelerate the “Diamond” cooperation framework, and establish the “Industrial Development Corridor” and "Fish and Rice Corridor" as well as create a high-quality, high-level and high-standards Cambodia-China Community of Common Destiny on the new era.This year marks the 65th anniversary of the establishment of Cambodia-China diplomatic ties, Cambodia-China Friendship Year, and the 10th anniversary of the “Belt and Road” Initiative.

PM: Cambodian Constitution Prohibits Foreign Ownership of Land

date_range 17-Nov-2023
visibility 4

Phnom Penh, November 15, 2023 --Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, reconfirmed here this afternoon that the country’s constitution does not allow any foreigners to become landowners, but they can rent land for a long period of time.Speaking at the official inauguration ceremony of a cable-stayed bridge connecting Koh Norea development area to Koh Pich satellite city, Samdech Thipadei Hun Manet said there have been some suggestions to the Royal Government to amend existing laws to authorise foreigners to own land, but they have been rejected.“That concept was proposed to facilitate the economy, but the Royal Government does not think that this proposal is necessary to help Cambodia’s real estate sector because the sector has progressed in the past 20 years despite the strict respect of our constitution,” he underlined.Anyway, the Premier added, Cambodia offers many favorable conditions to foreigners such as long-term lease for construction projects, while some foreigners seek Cambodian nationality, some others look for a Cambodian representative or set up a company to represent them locally.Samdech Thipadei Hun Manet said foreigners are allowed to rent a plot of land for a long period of time with legal procedures from 15 to 50 years.

Cambodia, Laos Vow to Promote Education Cooperation

date_range 16-Nov-2023
visibility 6

Phnom Penh, November 16, 2023 --Cambodia and Laos have vowed to further promote their education cooperation, specifically the expansion of mutual scholarship provisions for students at both bachelor’s and master’s degree levels.The pledge was made in a meeting between H.E. Hang Chuon Naron, Minister of Education, Youth, and Sports, and H.E. Buakeo Phumvongsay, Ambassador of the Lao People's Democratic Republic to Cambodia, here in Phnom Penh on Nov. 14.H.E. Hang Chuon Naron spoke highly of the Lao government's contribution to Cambodia's human resources development.The two sides also exchanged appreciation for intimate relations and good cooperation between the two countries in all sectors, particularly education, culture, tourism, and economy.From 2000 to 2023, Cambodia has provided scholarships to 192 Lao students, and since 1985, 244 Cambodian students have received Lao scholarships.

Technical Skills Training for Youth Encouraged

date_range 13-Nov-2023
visibility 12

Phnom Penh, November 11, 2023 --The Minister of Labour and Vocational Training has called on young people to sign up for the technical skills training demanded by the current job market, particularly the 4.0 Industrial Revolution.The minister, H.E. Heng Sour, made the appeal at the National Career and Productivity Fair 2023 at Koh Pich Exhibition and Convention Centre in Phnom Penh on Nov. 10.Youth and workers have to develop their capacity and skills before applying for jobs at companies, factories, and enterprises to effectively and efficiently deliver their work, said the minister.He also underlined the ministry's initiative to provide training to employees and workers at night and during the weekends and to encourage factories and enterprises to allow their employees to get overseas skills training.The National Career and Productivity Fair 2023 kicked off yesterday with 188 booths from some 150 companies, enterprises, ministries, institutions and educational and training establishments by offering over 20,000 job opportunities.More than 30,000 people are expected to visit this year's National Career and Productivity Fair.Interested candidates can seek more details about job opportunities and submit their application for the job that interests them on site.The two-day event is organised by the National Employment Agency (NEA) of the Ministry of Labour and Vocational Training in cooperation with the Union of Youth Federations of Cambodia (UYFC) in Phnom Penh, the Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), with the support of the International Labour Organisation (ILO), the People in Need Cambodia Organisation, and Swiss Contact.

French Embassy Hosts an Exhibition of Aerial and Satellite Images of Cambodia

date_range 10-Nov-2023
visibility 5

Phnom Penh, November 08, 2023 --To mark the 70th anniversary of Cambodia's independence, the French Embassy is presenting an exhibition looking back over 70 years of total 30 aerial and satellite images, selected by the Institute of Research and Development (IRD), according to the embassy’s press release AKP received this afternoon.These photographs dating from the 1950s to the present day. These aerial shots bear witness to the transformations of Cambodia's territory over the decades, offering a new perspective on the country's evolution.The exhibition will be on view from Nov. 8 on the walls of the French Embassy in Cambodia, Monivong boulevard, Phnom Penh.Active in Cambodia for almost 20 years, the IRD has set up in-depth academic and institutional partnerships with the country's key institutions to respond, through innovation and the development of new technologies, to the challenges of sustainable development such as climate change, loss of biodiversity, pollution, food security linked to sustainable agriculture and global health in an approach that integrates the environment. Earth observation, based on the analysis of images acquired by sensors embarked on aircraft, satellites or drones, makes it possible to describe and monitor natural resources, their organisation and their changes. The IRD develops and uses digital tools and innovative models for image analysis, to obtain information on the evolution of landscapes.Since the first airborne images were taken in the 1950s, and then the first images from observation satellites in the 1980s, technologies have evolved enormously, with access today to a vast number of very high-resolution images. With the aim of developing Cambodia's capabilities in aerial and satellite image analysis and data access, the Institute of Technology of Cambodia (ITC) and the IRD have joined forces to create the Khmer Earth Observation Laboratory (KHEOBS) in 2022. Supported by French institutions and infrastructure, the KHEOBS laboratory has already brought together scientists and students from various Cambodian universities and institutions for thematic training workshops.H.E. Jacques Pellet, Ambassador of France to Cambodia said KHEOBS is a laboratory of excellence that will train engineers and researchers and develop activities and projects using innovative Earth observation tools, both in Cambodia and at regional level. This project illustrates the quality of our scientific cooperation: few institutions in Cambodia had access to these technologies, he underlined.In the 1950s, France pioneered airborne photography with the Institut français de l'information géographique et forestière (IGNFI) to map its territories. In Cambodia, between 1952 and 1954, the IGNFI took some 11,000 shots, enabling a large part of the territory to be mapped. Today, this collection represents an exceptional archive that plunges us 70 years back into urban and rural landscapes. These archives are an invaluable resource on Cambodia's history, geography, archaeology, urban planning and environment. The French Embassy is supporting the "Khmer Aerial Photographic Archive" (KAPA) project, led by the IRD and the ITC within the framework of the KHEOBS laboratory, in collaboration with the IGNFI, so that it can be digitised and made accessible and usable free of charge for research. Once digitised, this photographic collection will be returned to Cambodia.From the 1980s onwards, satellite imagery for remote Earth observation and remote sensing was developed, notably by the French Centre national d'études spatiales (CNES). The IRD has played a major role in designing analysis methods, so that these images can be used to understand the evolution of territories by measuring and analysing urban, agricultural and forestry trends. Our ability to process large volumes of data means that these images can be used to monitor environmental and hydrological dynamics, and to set up warning systems.These images are supplemented by drone shots, which now make it easy to obtain highly accurate images repeatedly. New techniques for analyzing these images are being developed, making it possible to study soil evolution. These techniques offer Cambodia a wide range of applications to meet the challenges of environmental observation, in cooperation with various research organisations.As part of the 70th anniversary of independence, the French Embassy in Cambodia is also offering a rich cultural programme with a series of conferences and a film series at the French Institute of Cambodia, as well as an exhibition at the SOSORO Museum.

Ministry, Korean Eximbank Appreciate Cooperation

date_range 08-Nov-2023
visibility 4

Phnom Penh, November 08, 2023 --The Ministry of Rural Development and the Korean Eximbank in Cambodia have appreciated mutual cooperation and vowed to bring it to a new height.The renewed commitment was highlighted in a meeting on Nov. 7 between the Minister of Rural Development, H.E. Chhay Rithisen, and the Director of Korean Eximbank in Cambodia, Ms. Minnie Chey, at the ministry.H.E. Chhay Rithisen spoke highly of the Korean Eximbank-supported Rural Roads Improvement Projects executed by the ministry.The minister also informed Ms. Minnie Chey of the ministry's priorities, including rural infrastructure connectivity, rural livelihood improvement and diversification, and strengthened rural service.Ms. Minnie Chey thanked the minister for the appreciation and looked forward to further fostering cooperation with the ministry in line with its priorities.

Cambodia, Singapore Amend Double Taxation Agreement

date_range 03-Nov-2023
visibility 7

Phnom Penh, November 03, 2023 --The Kingdom of Cambodia and the Republic of Singapore have agreed to amend the bilateral Double Taxation Agreement (DTA), aiming to make the agreement consistent with the latest international standards.The Second Protocol Amending the Agreement between the Government of the Kingdom of Cambodia and the Government of the Republic of Singapore for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income was signed here on Nov. 2 between H.E. Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance and H.E. Ms. Teo Lay Cheng, Ambassador of the Republic of Singapore to Cambodia.The purpose of the "Second Protocol" is to amend the Cambodia-Singapore DTA in line with the latest international standards, especially under the framework of the Organisation for Economic Co-operation and Development (OECD) to face the Base erosion and profit shifting (BEPS).The "Cambodia-Singapore DTA Agreement" was signed on April 20, 2016 and entered into force on Jan. 1, 2018.

Cambodia, Australia Discuss Post and Telecommunications Cooperation

date_range 03-Nov-2023
visibility 6

Phnom Penh, October 28, 2023 --Cambodia and Australia have discussed the advancement of bilateral collaboration on post and telecommunications, particularly cyber security and underwater cable and radio frequency spectrum resource management.The discussion took place between H.E. Chea Vandeth, Minister of Post and Telecommunications, and H.E. Justin Whyatt, Ambassador of Australia to Cambodia, at the ministry on Thursday.H.E. Justin Whyatt spoke highly of the ministry's achievements and efforts in combating cybercrime.H.E. Chea Vandeth underlined the ministry's priorities, including telecommunications infrastructure preparation and underwater fibre optic cable connection.He also highlighted the establishment of digital units at public ministries and institutions and digital education promotion through scholarship provision, construction of community technology centres, internet connection, and digital study programme preparation.He also requested Australia to attract more investments in post and telecommunications to Cambodia and to support the equipment for the community technology centres in Cambodia's provinces.

H.E. Peng Pornea Receives Delegation of the EU-ASEAN Business Council

date_range 27-Oct-2023
visibility 2

Phnom Penh, October 27, 2023—A delegation of the EU-ASEAN Business Council, led by Mr. Tassilo Brinzer, Chairman of EuroCham Cambodia, shared the interests in investment opportunities and expanding existing investments in infrastructure sector in Cambodia.The interest was made known by the delegation while paying a courtesy call on H.E. Peng Pornea, Minister of Public Works and Transport, at the ministry office on Oct. 26.The meeting also aimed to expose the position of the Royal Government of Cambodia in the 7th Legislature to welcome all investments in the country.

Cambodia Bird’s Nest Business Forum Held to Boost Production and Export

date_range 25-Oct-2023
visibility 5

Phnom Penh, October 25, 2025 --Cambodia Bird’s Nest Business Forum was held in Phnom Penh on Oct. 24 with an aim to promote the export of Cambodian birds’ nests to international markets.The forum was presided over by H.E. Samheng Bora, Secretary of State at the Ministry of Commerce and Bird’ Nests Associations from Cambodia, Thailand, Vietnam, Malaysia and China.“This forum was organised in order to boost the export of Cambodian bird’ nests by providing opportunities for national and international traders in the field to strengthen and expand trade cooperation, find trade partners, and increase the export of Cambodian bird’ nests to international markets,” the ministry said.At the event, Memorandum of Understanding between the Cambodian Swiftlet Bird’ Nests Manufacturers and Exporters Association and the Bird’ Nest Associations from China, Malaysia, Thailand and Viet Nam on Export Promotion of Cambodian Bird’ Nests to China, Malaysia, Thailand and Viet Nam were signed.The market price of fresh bird nests ranges from US$700 to US$900 per kilogramme and the value of processed products is between US$1,500 and US$2,000 per kilogramme, according to Cambodian Swiftlet Nest Manufacturers and Exporters Association.

Cambodian NA Encourages Economic Cooperation and People-to-People Connectivity with China’s Liaoning Province

date_range 24-Oct-2023
visibility 4

Phnom Penh, October 23, 2023 --Cambodian National Assembly (NA) has encouraged the economic, trade and cultural cooperation and people-to-people connectivity between Cambodia and Liaoning, a northeastern Chinese province.H.E. Vong Sauth, Second NA Vice President, made the encouragement during a courtesy meeting with visiting H.E. Wang Mingyu, Vice Chairman of the Chinese People’s Political Consultative Conference of Liaoning Province, at the Sofitel Phnom Penh Phokeethra this morning.On the occasion, H.E. Vong Saut laid stress on the good relations and cooperation between both countries’ legislative bodies and expressed the Cambodian NA’s support for the two governments for having recently signed a number of agreements that will bring benefits to the people of both countries.H.E. Wang Mingyu briefed H.E. Vong Sauth on the development of Liaoning, a potential province of China, especially in terms of industry, agriculture, technology and education. He also pledged to do his best to promote the economic, trade, tourism and cultural cooperation between Liaoning and Cambodia, particularly to strengthen the sister city alliance between Liaoning and Preah Sihanouk province of Cambodia.H.E. Vong Sauth praised Liaoning for its progress in all fields and supported the sister city alliance between the two provinces for the mutual interest of the two countries and peoples.

Cambodian PM’s Initiative on Trilateral Tourism Cooperation Supported

date_range 20-Oct-2023
visibility 10

Phnom Penh, October 20, 2023 –The Cambodian Prime Minister’s initiative on trilateral tourism cooperation between Cambodia, Laos and Vietnam was supported by H.E. Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam.In a meeting with Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, in Riyadh, Kingdom of Saudi Arabia this morning, on the sidelines of ASEAN-Gulf Cooperation Council (GCC) Summit, Vietnamese Minister H.E. Pham Minh Chinh voiced his support to the "Three Countries One Destination" as well as the Phnom Penh-Bavet Expressway connection.He also affirmed that Vietnam is waiting to welcome Samdech Thipadei’s official visit in the near future.In response, Samdech Thipadei Hun Manet expressed his pleasure to meet with H.E Pham Minh Chinh for the fourth time and recalled the important results of the recent meeting with the President of Vietnam in Beijing.

Cambodian, Chinese Top Leaders Agree to Expand Existing Cooperation

date_range 19-Oct-2023
visibility 2

Phnom Penh, October 19, 2023 --Cambodia and China will strengthen and expand their existing cooperation, already at a high and comprehensive level, especially by promoting the implementation of diamond cooperation and the establishment of a “Fish and Rice Corridor” and an “Industrial and Technological Corridor.”This was the spirit of the meeting between Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, and H.E. Xi Jinping, President of the People’s Republic of China, held in Beijing, China this morning, on the sidelines of the 3rd Belt and Road Forum for International Cooperation.The two leaders also discussed the direction of further strengthening the ironclad friendship between both countries through enhancement of the cooperation in all fields, including tourism, energy, trade, investment and people-to-people exchanges.In this regard, H.E. Xi Jinping agreed with the initiative of Samdech Thipadei Hun Manet to designate 2024 as the year of people-to-people exchanges between Cambodia and China, as it is the key to boost tourism, trade and investment cooperation between the two countries to be more active and livelier.H.E. Xi Jinping also expressed his satisfaction with the frequent exchanges between both nations’ leaders, reflecting their close and friendly relations, and reaffirmed China’s stance to increase its cooperation with Cambodia and support the 7th-mandate Royal Government’s Pentagonal Strategy.For his part, Samdech Thipadei Hun Manet conveyed greetings from Samdech Techo Hun Sen, former Prime Minister of Cambodia, to the Chinese president, and congratulated China on the successful hosting of the 3rd Belt and Road Forum for International Cooperation on the occasion of the 10th anniversary of the Belt and Road Initiative, as well as of the 19th Asian Games in Hangzhou.

Cambodian entrepreneurs will use the Alibaba e-commerce platform to take full advantage of the international market

date_range 18-Oct-2023
visibility 5

Cambodian Prime Minister, Samdech Thipadei Hun Manet is optimistic that Cambodian entrepreneurs will use the Alibaba e-commerce platform to take full advantage of the international market.The Cambodian Prime Minister expressed optimism at a meeting with Ms. WEN Jia, a shareholder of Alibaba and Chairman of the Public Affairs Section of Alibaba Group in Beijing on the evening of October 17, 2023.Samdech Thipadei Prime Minister welcomed Alibaba’s approaches to cooperate with Cambodian companies and enterprises as well as relevant ministries and institutions by bringing Cambodian products and services to global market. He was also optimistic that Cambodian entrepreneurs would use the Alibaba e-commerce platform to take full advantage of the international market.For her part, Ms. Wen Jia thanked Samdech Thipadei Hun Manet for taking the time to meet her and to witness the signing ceremony of the Memorandum of Understanding between the Ministry of Commerce of Cambodia and Alibaba of China to directly sell Cambodian products in the Chinese market as well as in ASEAN countries through the "Global e-Commerce Platform - eWTP Platform and to promote e-commerce.She added that the signing of this MOU has also received support from Samdech Techo Hun Sen in the past, and this achievement is in line with the digital economy in the first phase Pentagonal strategy of the Royal Government of Cambodia of the Seventh mandate.She also briefed Samdech Thipadei on the progress of Alibaba, which now has a total of approximately 1.3 billion customers worldwide, and the company also sells Cambodian products on its e-commerce platform like rice and fruit. The company also has an electronic platform for Chinese people to apply for Cambodian visas, and this service has received high interest and the number of applicants has increased significantly.

Cambodia Urges for Acceleration of Negotiations on Phnom Penh-Bavet and Bavet-Ho Chi Minh Expressways

date_range 18-Oct-2023
visibility 3

Cambodia has requested Vietnam to speed up the negotiations on the Phnom Penh-Bavet and Bavet-Ho Chi Minh City expressway development project, which will facilitate trade and tourism exchanges between the two neighbouring countries.Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, made the request in a meeting with H.E. Vo Van Thuong, President of the Socialist Republic of Vietnam, in Beijing, China this morning, on the sidelines of the 3rd Belt and Road Forum for International Cooperation.Samdech Thipadei also noted with great pleasure the development of relations in all fields, with the increase in bilateral trade and the number of tourists between the two countries, as well as cooperation in the fields of defence and human resource training.For his part, H.E. Vo Van Thuong reaffirmed Vietnam’s commitment to maintaining close ties and cooperation with Cambodia for the common benefit of both nations and peoples.The Vietnamese president suggested the increase of exchange of high-level visits by expressing his intention to invite His Majesty the King, Samdech Techo Hun Sen, former Prime Minister of Cambodia, and Samdech Thipadei Hun Manet to visit Vietnam.Both leaders also spoke highly of the progress of Cambodia-Vietnam cooperation in all areas, especially defence, security, trade, investment, education, tourism, and people-to-people exchanges.

Cambodian PM Meets More Chinese Companies in Beijing

date_range 17-Oct-2023
visibility 9

Phnom Penh, October 17, 2023 --Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet this morning held separate talks with leaders of four more Chinese companies, during his stay in Beijing, China for the 3rd Belt and Road Forum for International Cooperation on Oct. 17-18.In the meeting with Mr. Wang Bo, Chairman of China Machinery Engineering Corporation (CMEC), Samdech Thipadei congratulated CMEC on the success of its investment in Cambodia, and welcomed its additional investment projects contributing to the Kingdom's development.Mr. Wang Bo said in the next ten years, CMEC, a subsidiary of SINOMACH, which specialises in clean water, energy and infrastructure, will invest in a US$3-billion joint venture with two Cambodian companies in gas energy.While receiving Mr. Tse Ping, Senior Vice Chairman of Charoen Pokphand (CP) Group, which has been investing in Cambodia on livestock farms and real estate, Samdech Thipadei Hun Manet expressed his support for the company’s intention to expand its investment in Cambodia, especially in real estate, health and satellite, and encouraged the company to work with Cambodian relevant ministries and institutions.In his courtesy visit to Cambodian Prime Minister, Mr. Li Kuo, Chairman of China Metro Group informed him on the progress of the company's study on two lightweight railway development projects connecting Siem Reap-Angkor International Airport to Siem Reap provincial city and from Techo International Airport to Phnom Penh capital. He added that his company will also study various possibilities to help ease the traffic burden in Cambodia.For his part, Samdech Thipadei Hun Manet encouraged the company to continue its study on lightweight railway development projects in the capital of Phnom Penh and the provinces of Kandal and Siem Reap, and voiced his support for the traffic-related projects that China Metro Group has been studying in Cambodia.During the meeting with Mr. Wang Jianping, Chairman of China Railway Construction Corporation (CRCC), Samdech Thipadei Hun Manet emphasised two goals for railway development in Cambodia – the feasibility study on the repair and modernisation of the existing railway lines, and the study on railway connection from Phnom Penh to Bavet and from Poipet to Siem Reap, as well as to the border with Vietnam via Stung Treng and Mondulkiri provinces.Mr. Wang Jianping told Samdech Thipadei of the progress of his company in Cambodia. To date, he added, CRCC has a total of 53 investment projects in the Kingdom with a capital of approximately US$5.3 billion. The company also plans to invest in three more major projects, including data management centre in support of e-government, Phnom Penh-Siem Reap and Phnom Penh-Poipet railway projects, and clean water supply project in provinces along the Mekong River.

Cambodia, China sign agreement on eight more documents to expand trade and investment cooperation

date_range 17-Oct-2023
visibility 11

China: Eight important documents related to expanding trade and investment cooperation have been signed by the Royal Government of Cambodia and the Government of China.The signing ceremony was presided over by His Excellency Hun Manet, Prime Minister of Cambodia, and Li Chheang, Prime Minister of the People's Republic of China, after a bilateral meeting on the evening of October 17, 2023.The documents that signed this agreement include:1: Memorandum of Understanding on Joint Promotion of the Third Key Project for Cambodia-China Production Capacity Cooperation and Investment2: Memorandum of Understanding on the Establishment of a Working Mechanism for the Implementation of the Bilateral Cooperation Plan for the Joint Construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road3: Memorandum of Understanding on Investment Cooperation in Green and Low Carbon Development4: Concessional Loan Agreement for Financing of Rural Power Transmission Project Phase 85: Exchange of Letters for Feasibility Study for Preah Vihear Temple Rehabilitation Project6: Minutes of the Meeting on Feasibility Study on the Location of Rural Road Project 3 in the Kingdom of Cambodia within the framework of Grant Funding from the Government of the People's Republic of China7: Memorandum of Understanding on the Establishment of the Cambodia-China Railway Cooperation Mechanism8. Memorandum of Understanding on Cooperation in the Construction of the China-Cambodia Industrial Park between the Ministry of Commerce of the Kingdom of Cambodia and the Guangxi Zhuang Autonomous Region Authority of the People's Republic of China.