Scant details emerge on petroleum pipeline project

29 April 2016

The Council of Ministers has granted a petrochemical company two years to conduct feasibility studies for constructing a network of oil and gas pipelines to crisscross Cambodia, but details about the pipeline project and the company set to carry out the study are about as murky as the liquid contents expected to flow through it.

Source:

http://www.phnompenhpost.com/business/scant-details-emerge-petroleum-pipeline-project

Rubber prices bounce back

29 April 2016

A sharp rebound in international rubber prices has put workers at plantations in Cambodian back to work, and has infused the sector with a rare sense of optimism. International rubber prices began rising in March from seven-year lows and have seen an upswing of 16 per cent since the start of April on concerns over output and expected pickup in demand from China.

Source:

http://www.phnompenhpost.com/business/rubber-prices-bounce-back

WEF summit to spotlight Cambodia

29 April 2016

Cambodia's business community yesterday welcomed the announcement that the World Economic Forum (WEF) will host a major regional meeting in Phnom Penh next year to raise the Kingdom’s visibility on investors’ radar. The 2017 World Economic Forum on ASEAN, tentatively scheduled for May 2017, is expected to attract up to 700 delegates.

Source:

http://www.phnompenhpost.com/business/wef-summit-spotlight-cambodia

Sugar cane harvesters find their sweet spot

28 April 2016

The expansion of sugarcane cultivation in Cambodia is driving strong demand for mechanical cane harvesters, with sales expected to spike this year on hotter temperatures and with large-scale projects coming online. The opportunities for new sales have emerged in northern Cambodia, where a massive sugar mill is capable of processing 20,000 tons of sugarcane a day.

Source:

http://www.phnompenhpost.com/business/sugar-cane-harvesters-find-their-sweet-spot

Cambodia, Japan Discuss Cooperation in Agriculture

28 April 2016

Cambodian Minister of Agriculture, Forestry and Fisheries and Ambassador of Japan to Cambodia, met here on 27 April to strengthen and expand the cooperation between the two countries in the agricultural sector. The bilateral cooperation and sought more support from public and private sectors, ongoing investment projects of Japanese companies in Cambodia, development projects funded by Japan, and so on.

Source:

http://www.akp.gov.kh/?p=79846

Beijing Urban Construction Group Wishes to Invest in Inland Water Transport

28 April 2016

Beijing Urban Construction Group Co., Ltd., a Chinese infrastructure developer, is interested in developing an infrastructure project focusing on inland water transport. The Chinese delegation sought collaboration and support from Cambodia Ministry of Public Works and Transport also want to move their project forward.

Source:

http://www.akp.gov.kh/?p=79848

India To Invest US$1 Billion in Cambodia in Next Five Years

27 April 2016

Indian investors have started to invest some US$100 million in real estate and hotel sectors in Cambodia this year, and they are expected to invest up to US$1 billion in other sectors in the next five years. Cambodia and India have been strengthening their educational and economic ties, and India has provided scholarships to many Cambodian students and a lot of Indian investors have been doing business in the Kingdom.

Source:

http://www.akp.gov.kh/?p=79826