EU and Cambodia unveil $96.7M investment in four initiatives
The European Union (EU) and Cambodia have teamed up to launch four major programmes that focus on promoting sustainable value chains, energy efficiency and renewable energy, totalling $96.7 million. ...
Marissa Carruthers
https://kiripost.com/stories/eu-and-cambodia-unveil-967m-investment-in-four-initiatives
HGB Motors enters car assembly arena with $7M Poipet investment
HGB Motors Assembly Co Ltd is investing about $7 million in a car assembly plant in Poipet town, Banteay Meanchey province. ...
Thou Vireak
https://www.phnompenhpost.com/business/hgb-motors-enters-car-assembly-arena-7m-poipet-investment
PPSP back in black in Q1’23 with $5.7m net profit
A surge in land sales has helped tycoon Kith Meng’s Phnom Penh SEZ Plc (PPSP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-ppsp-back-in-black-in-q123-with-57m-net-profit
Nat’l Road 4 to be widened
The Ministry of Public Works and Transport is in the final stages of project planning for the widening of National Road 4 from 7m to 10m. The project is scheduled to last 24 months from 2022 to 2023. ...
Long Kimmarita
https://phnompenhpost.com/national/natl-road-4-be-widened
Two million tourists to visit Cambodia in 2022
As Cambodia navigates a post-pandemic world, international tourist arrivals lag with 1.5m to 2m tourists predicted for 2022. This is estimated to rise to pre-Covid levels of 7m by 2026. ...
Prak Chan Thul
https://kiripost.com/stories/two-million-tourists-to-visit-cambodia-in-2022
