News
Quality infrastructure vital for growth
Quality infrastructure will attract foreign direct investment and is the key to ASEAN’s sustained economic growth, according to a Japanese bank official on May 10. “The ASEAN region needs to give priority to developing good infrastructure. This is a key factor for improving connectivity and long ...
US, Japan firms sign milestone energy deals
Agreements were signed on April 26 for the supply of key components for Cambodia Energy II’s coal-fired power plant in Stung Hav, Sihanoukville province. General Electric will supply the boiler, electrostatic precipitator and steam turbine generator for the CEL2 plant. The US multinational will also provide ...
Japanese to fund health, agriculture projects
The Japanese government has approved funding for three projects that will cover mine clearance, agriculture and health services. The approval was made on March 1 at the Japanese embassy in Phnom Penh. Signed by Ambassador Hidehisa Horinouchi, the grant amounts to $1,389,888 and will be allocated ...
Japanese investment in light industry desired
Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry ...