Bilateral development assistance

The Asian Development Bank has refused to release a critical study on the impacts its $141.6 million railway project is having on thousands of Cambodian families because disclosure of the report could hurt its relationship with the government, an ADB spokeswoman said. Raising concerns about the ...

Cambodia will sign to receive 33.9 million U.S. dollars in grant aid from Japan for three projects in small hydropower dams, healthcare and education, according to a news release from Cambodia’s foreign ministry on Monday. ...

The European Union in efforts to reduce the poverty rate and secure a free society has awarded $4.5 mln to four projects. These projects will work to improve justice, natural resources, land rights, and build the capabilities of local authorities. Four projects were selected among ...

Cambodian Prime Minister Hun Sen on Tuesday broke ground for the construction and enlargement of a 248-kilometer stretch of national road No. 6A, saying that the road is vital for the development of the economy and tourism. The road will be widened from the current 7 ...

The Japan International Cooperation Agency (JICA) announced yesterday that it will provide technical support for Cambodian small and medium-size enterprises (SMEs), strengthening their capacities through the establishment of a national policy, officials said. Meng Saktheara, director-general of the General Department of Industry at the Ministry of ...

Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. Cambodia’s agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...

Chinese-owned Avic International plans to export 8,000 tonnes of dried cassava from Cambodia to the Chinese market this year. According to Chan Saron, minister of agriculture, forestry and fisheries, there are currently 31 companies listed as exporting cassava to China from Cambodia, but only 17 ...

The European Union’s ambassador to Cambodia raised issues of judicial reform, land reform and the upcoming national elections in a meeting with Prime Minister Hun Sen yesterday morning. The European Commission’s directorate-general for trade is currently reviewing a report by the U.N.’s human rights envoy ...

South Korea’s Financial Services Commission (FSC) and the National Bank of Cambodia (NBC) on Friday signed a Memorandum of Understanding (MoU) on the provision of technical support for Cambodia’s banking and financial supervision, according to a press release after the signing ceremony. “The MoU will ...

Import duties and limits, as well as rising wages in neighbouring countries, made Cambodia the second largest exporter of bicycles to the European Union after Taiwan, an industry newsletter reports. According to Bike-EU.com, which quoted data from Eurostat, Cambodia exported 519,389 units to EU countries between ...

The government has asked Australia to provide more funding to help complete the rehabilitation of the dilapidated railway line between Phnom Penh and the Thai border, a spokesman said yesterday. Foreign Affairs Minister Hor Namhong met with Lieutenant General John Sanderson, former chief of the Australian ...

Despite the inaugural train traveling between Phnom Penh and Sihanoukville by a new rail link a month ago, no goods have yet been transported between the capital and the country’s largest port. Toll Royal Railways, a joint venture between Australia’s Toll Group and local conglomerate Royal ...

European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...

Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...

Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution. The inauguration ceremony was presided over by Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia ...

China’s Guangxi Zhuang Autonomous Region on Tuesday donated 100 tons of milled rice to Cambodia as humanitarian aid. Hun Sen expressed gratitude to China’s Guangxi, saying that Cambodia and China’s Guangxi have seen growing relations and cooperation in agriculture. He asked Zhang to encourage more ...

The national flag carrier, Cambodia Angkor Air (CAA), added a new passenger plane on Sunday in order to expand new flight destinations to countries in the region, said a senior government official. “The new Airbus 321 plane is leased from an Airbus manufacturer in France,” Tek ...

Cambodian Prime Minister Hun Sen asked for $57m concessional loan from India for two development projects and urged India to consider direct flights to Cambodia. He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated ...

Up a sweeping jungle valley in a remote corner of Cambodia, Chinese engineers and workers are raising a 100-meter- (330-foot-) high dam over the protests of villagers and activists. Only Chinese companies are willing to tame the Tatay and other rivers of Koh Kong province, ...

The European Union’s ambassador to Cambodia yesterday urged the government to heed the advice of the U.N.’s visiting human rights envoy, who has come under increasing rebuke from officials for his unflattering reports. Addressing a crowd of about 3,000, mostly garment factory workers, at Phnom Penh’s ...

Cambodia on Friday inaugurated a food industry laboratory with Chinese aid, aiming at assisting food quality improvement, research and technology development, officials said. The China-Cambodia Food Industry Laboratory is situated in the complex of the Industrial Laboratory Center of Cambodia in Phnom Penh’s Russey Keo district. ...

Cambodia’s rubber price is expected to fall further in coming years while government projects aimed at doubling rubber resin production will take effect by 2015, according to the latest figures from the Rubber General Department. Mak Kimhong, president of the Cambodia Rubber Association and owner of ...

The ties between Cambodia and China in trade, investment and tourism have steadily grown from year to year thanks to good relations between the two countries, Cambodian Minister of Commerce Cham Prasidh said Tuesday. “China is one of our key trading partners. The two-way trade volume ...

The Commerce Minister said yesterday that China is a potential market for Cambodia’s garment exports and some other agricultural products while the traditional big markets of Europe and the United States are experiencing an economic slowdown. Cham Prasidh said at the sidelines of the Cambodia-China Trade ...