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	<title>Hun Manet - Estatedia | Economy &amp; Real Estate Media in Cambodia</title>
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<site xmlns="com-wordpress:feed-additions:1">201654943</site>	<item>
		<title>The $3.24 Billion Flight Path: A New Era of Cambodia-U.S. Diplomacy</title>
		<link>https://estatedia.com/the-3-24-billion-flight-path-a-new-era-of-cambodia-u-s-diplomacy/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Thu, 05 Mar 2026 03:42:25 +0000</pubDate>
				<category><![CDATA[Projects]]></category>
		<category><![CDATA[Cambodia buying boeing]]></category>
		<category><![CDATA[Cambodia PM]]></category>
		<category><![CDATA[Cambodia-Boeing]]></category>
		<category><![CDATA[Cambodia-US]]></category>
		<category><![CDATA[Cambodia-US trade]]></category>
		<category><![CDATA[Hun Manet]]></category>
		<guid isPermaLink="false">https://estatedia.com/?p=34184</guid>

					<description><![CDATA[<p>During a high-level diplomatic mission to Washington, D.C. in February 2026, Cambodian Prime Minister Hun Manet met with senior U.S. officials to cement a partnership built on economic and commercial diplomacy. In a courtesy call with U.S. Deputy Secretary of State Christopher Landau, the historic three-point-two-four billion dollar deal between The Boeing Company and Air&#8230;&#160;<a href="https://estatedia.com/the-3-24-billion-flight-path-a-new-era-of-cambodia-u-s-diplomacy/" rel="bookmark">Read More &#187;<span class="screen-reader-text">The $3.24 Billion Flight Path: A New Era of Cambodia-U.S. Diplomacy</span></a></p>
<p>The post <a href="https://estatedia.com/the-3-24-billion-flight-path-a-new-era-of-cambodia-u-s-diplomacy/">The $3.24 Billion Flight Path: A New Era of Cambodia-U.S. Diplomacy</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>During a high-level diplomatic mission to Washington, D.C. in February 2026, Cambodian Prime Minister Hun Manet met with senior U.S. officials to cement a partnership built on economic and commercial diplomacy. In a courtesy call with U.S. Deputy Secretary of State Christopher Landau, the historic three-point-two-four billion dollar deal between The Boeing Company and Air Cambodia took center stage.</p>
<div class="nv-iframe-embed"><iframe title="The $3.24 Billion Flight Path: A New Era of Cambodia-U.S. Diplomacy" width="1200" height="675" src="https://www.youtube.com/embed/TzenskH7HYM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
<p>The agreement secures ten Boeing 737 MAX aircraft for the Kingdom’s national carrier, with an option for ten more. For Cambodia, this is a strategic leap toward modernizing its aviation sector and enhancing global connectivity. For the United States, as highlighted by Deputy Secretary Landau, this deal is a testament to American excellence in aerospace, supporting an estimated twelve thousand high-quality jobs for American workers.</p>
<p>JOIN US: https://estatedia.com/</p><p>The post <a href="https://estatedia.com/the-3-24-billion-flight-path-a-new-era-of-cambodia-u-s-diplomacy/">The $3.24 Billion Flight Path: A New Era of Cambodia-U.S. Diplomacy</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">34184</post-id>	</item>
		<item>
		<title>Techo International Airport Officially Launched, Marking Cambodia’s National Pride</title>
		<link>https://estatedia.com/techo-international-airport-officially-launched-marking-cambodias-national-pride/</link>
					<comments>https://estatedia.com/techo-international-airport-officially-launched-marking-cambodias-national-pride/#respond</comments>
		
		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Mon, 20 Oct 2025 06:34:13 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Projects]]></category>
		<category><![CDATA[Cambodia Airport]]></category>
		<category><![CDATA[Cambodia International Airport]]></category>
		<category><![CDATA[Cambodia Prime Minister]]></category>
		<category><![CDATA[Cambodia techo international airport]]></category>
		<category><![CDATA[Hun Manet]]></category>
		<category><![CDATA[PM Hun Manet]]></category>
		<guid isPermaLink="false">https://estatedia.com/?p=33479</guid>

					<description><![CDATA[<p>PHNOM PENH: The Techo International Airport (TIA) was officially inaugurated this morning under the presidency of Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, and First Lady, Lok Chumteav Dr. Pich Chanmony Hun Manet. “This is a new achievement reflecting Cambodia’s long-term development vision. TIA will serve as a driving&#8230;&#160;<a href="https://estatedia.com/techo-international-airport-officially-launched-marking-cambodias-national-pride/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Techo International Airport Officially Launched, Marking Cambodia’s National Pride</span></a></p>
<p>The post <a href="https://estatedia.com/techo-international-airport-officially-launched-marking-cambodias-national-pride/">Techo International Airport Officially Launched, Marking Cambodia’s National Pride</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: The Techo International Airport (TIA) was officially inaugurated this morning under the presidency of Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, and First Lady, Lok Chumteav Dr. Pich Chanmony Hun Manet.</p>
<div class="nv-iframe-embed"><iframe title="Techo International Airport now officially launched-What you need to know" width="1200" height="675" src="https://www.youtube.com/embed/P1EfSmE4oPg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
<p>“This is a new achievement reflecting Cambodia’s long-term development vision. TIA will serve as a driving force to attract more tourists and investors to Cambodia. We will open our horizons even wider,” Samdech Thipadei underlined.</p>
<img data-recalc-dims="1" fetchpriority="high" decoding="async" class="alignnone size-full wp-image-33480" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2025/10/estatedia.com-auto-draft-3.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" />
<p>H.E. Dr. Mao Havannall, Minister in Charge of the State Secretariat of Civil Aviation (SSCA), described the airport as an important bridge of solidarity and cooperation that connects Cambodia to the world, and a strong pillar supporting the country’s tourism industry and overall economic growth.</p>
<p>According to Lok Neak Oknha Pung Kheav Se, Chairman of the Cambodia Airport Investment Corporation (CAIC), a subsidiary of the Overseas Cambodian Investment Corporation (OCIC), the project cost a total of US$2.3 billion. It includes the construction of the main passenger terminal building (PTB), airfields, ancillary buildings, general aviation and permanent VVIP terminals, and other supporting infrastructure for airport operations.</p>
<img data-recalc-dims="1" decoding="async" class="alignnone size-full wp-image-33482" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2025/10/estatedia.com-auto-draft-5.jpg?resize=1000%2C561&#038;ssl=1" alt="" width="1000" height="561" />
<p>Designed and built for the future, the airport will be developed in three phases, with passenger handling capacities of 13 million for Phase 1, 30 million for Phase 2, and 50 million for Phase 3, he said.</p>
<p>He also announced that a new airline, Etihad Airways, has started direct flights to TIA since Oct. 4, while Turkish Airlines will begin operations on Dec. 10, 2025.</p>
<p>He further noted that these new routes will enhance connectivity between Phnom Penh and major cities in the Middle East, Europe, and Africa. He expressed delight that Cathay Pacific, a major international carrier from Hong Kong, has chosen TIA as an alternative airport to park 13 of its aircraft during Typhoon Ragasa, a testament to international airlines’ trust and confidence in TIA’s world-class facilities.</p>
<img data-recalc-dims="1" decoding="async" class="alignnone size-full wp-image-33483" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2025/10/estatedia.com-auto-draft-6.jpg?resize=1000%2C560&#038;ssl=1" alt="" width="1000" height="560" />
<p>Situated on more than 2,600 hectares of land spanning Prek Sleng commune in Kandal Stung district, Kandal province, and part of Bati district, Takeo province, the new airport lies approximately 20 kilometres from Phnom Penh. It commenced operations on Sept. 9, 2025.</p>
<p>Classified as a 4F-level international airport, the highest category in global aviation standards, TIA is capable of accommodating all types of aircraft, including the world’s largest passenger planes such as the Airbus A380 and Boeing 747.</p><p>The post <a href="https://estatedia.com/techo-international-airport-officially-launched-marking-cambodias-national-pride/">Techo International Airport Officially Launched, Marking Cambodia’s National Pride</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">33479</post-id>	</item>
		<item>
		<title>PM Supports EV Growth Amidst Surging Imports</title>
		<link>https://estatedia.com/pm-supports-ev-growth-amidst-surging-imports/</link>
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		<dc:creator><![CDATA[@vlk]]></dc:creator>
		<pubDate>Mon, 25 Nov 2024 08:06:09 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[EV]]></category>
		<category><![CDATA[Hun Manet]]></category>
		<category><![CDATA[Phan Rim]]></category>
		<guid isPermaLink="false">https://estatedia.com/?p=31327</guid>

					<description><![CDATA[<p>PHNOM PENH: Cambodia has witnessed a surge in electric vehicle (EV) adoption in recent months, with the government actively promoting the shift towards cleaner transportation. Prime Minister Hun Manet has expressed strong support for the expansion of the EV sector in Cambodia, highlighting its potential benefits. He emphasized that transitioning to electric vehicles can significantly&#8230;&#160;<a href="https://estatedia.com/pm-supports-ev-growth-amidst-surging-imports/" rel="bookmark">Read More &#187;<span class="screen-reader-text">PM Supports EV Growth Amidst Surging Imports</span></a></p>
<p>The post <a href="https://estatedia.com/pm-supports-ev-growth-amidst-surging-imports/">PM Supports EV Growth Amidst Surging Imports</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p><strong>PHNOM PENH:</strong> Cambodia has witnessed a surge in electric vehicle (EV) adoption in recent months, with the government actively promoting the shift towards cleaner transportation.</p>
<p>Prime Minister Hun Manet has expressed strong support for the expansion of the EV sector in Cambodia, highlighting its potential benefits. He emphasized that transitioning to electric vehicles can significantly improve energy efficiency and reduce carbon emissions.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-31329 size-full" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/11/estatedia.com-pm-supports-ev-growth-amidst-surging-imports-1.jpg?resize=1000%2C525&#038;ssl=1" alt="PM Supports EV Growth Amidst Surging Imports" width="1000" height="525" />
<p>&#8220;By switching to electric vehicles, we can reduce energy consumption by up to five times compared to traditional fuel-powered vehicles,&#8221; said the Prime Minister. &#8220;Moreover, it will help us mitigate climate change by lowering carbon emissions in the transportation sector.&#8221;</p>
<p>In the first nine months of 2024, the country registered a staggering 1,644 electric vehicles, a significant increase from the 203 registered in the same period of 2023. This represents a 710% growth, with motorcycles leading the charge at a 368% increase.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-31331 size-full" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/11/estatedia.com-pm-supports-ev-growth-amidst-surging-imports-3.jpg?resize=1000%2C1000&#038;ssl=1" alt="PM Supports EV Growth Amidst Surging Imports" width="1000" height="1000" />
<p>&#8220;So far, Cambodia has registered 2,327 electric vehicles at the Ministry of Public Works and Transport, of which 790 BYD electric vehicles are at the top of the list, followed by 443 Toyota electric vehicles, 269 Tesla electric vehicles, and electric vehicles from other companies,&#8221; said Mr. Phan Rim, a spokesperson for the Ministry of Public Works and Transport.</p>
<p>To further accelerate the adoption of EVs, the Cambodian government has introduced the &#8220;National Policy on the Development of the Electric Vehicle Sector 2024-2030.&#8221; This policy aims to promote the use and development of the entire EV ecosystem, including charging infrastructure and related industries.</p>
<p>Chinese automaker BYD has expressed interest in establishing an EV manufacturing plant in Cambodia by 2025. This move could significantly boost the local EV industry and contribute to the country&#8217;s economic growth.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-31330 size-full" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/11/estatedia.com-pm-supports-ev-growth-amidst-surging-imports-2.jpg?resize=750%2C440&#038;ssl=1" alt="PM Supports EV Growth Amidst Surging Imports" width="750" height="440" />
<p>As of now, Cambodia has registered a total of 3,676 electric vehicles and 21 charging stations nationwide. With increasing government support and growing consumer interest, the country is poised to become a regional leader in electric mobility.</p><p>The post <a href="https://estatedia.com/pm-supports-ev-growth-amidst-surging-imports/">PM Supports EV Growth Amidst Surging Imports</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">31327</post-id>	</item>
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		<title>Cambodia&#8217;s Agricultural Sector Attracts Major Japanese Investment</title>
		<link>https://estatedia.com/cambodias-agricultural-attracts-japanese-investment/</link>
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		<dc:creator><![CDATA[@vlk]]></dc:creator>
		<pubDate>Wed, 20 Nov 2024 03:58:44 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[Aquaculture Sector]]></category>
		<category><![CDATA[Cambodia agriculture]]></category>
		<category><![CDATA[Cambodia Investment]]></category>
		<category><![CDATA[Economic Growth Cambodia]]></category>
		<category><![CDATA[Food Processing Industry]]></category>
		<category><![CDATA[Human Resource Development]]></category>
		<category><![CDATA[Hun Manet]]></category>
		<category><![CDATA[Industrial Development Cambodia]]></category>
		<category><![CDATA[Investment Opportunities Cambodia]]></category>
		<category><![CDATA[Japan-Cambodia Association]]></category>
		<category><![CDATA[Japan-Cambodia Relations]]></category>
		<category><![CDATA[Japanese investors]]></category>
		<category><![CDATA[Peace Palace Meeting]]></category>
		<category><![CDATA[SMEs in Cambodia]]></category>
		<category><![CDATA[Vocational Training in Cambodia]]></category>
		<guid isPermaLink="false">https://estatedia.com/?p=31285</guid>

					<description><![CDATA[<p>A delegation of 26 Japanese investors, led by H.E. TAKAHASHI Fumiaki, former Japanese Ambassador to Cambodia and current President of the Japan-Cambodia Association (JCA), was received by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, at the Peace Palace on November 19, 2024. The delegation expressed keen interest in exploring&#8230;&#160;<a href="https://estatedia.com/cambodias-agricultural-attracts-japanese-investment/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia&#8217;s Agricultural Sector Attracts Major Japanese Investment</span></a></p>
<p>The post <a href="https://estatedia.com/cambodias-agricultural-attracts-japanese-investment/">Cambodia’s Agricultural Sector Attracts Major Japanese Investment</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>A delegation of 26 Japanese investors, led by H.E. TAKAHASHI Fumiaki, former Japanese Ambassador to Cambodia and current President of the <a href="https://japan-cambodia.or.jp/en/">Japan-Cambodia Association</a> (JCA), was received by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, at the Peace Palace on November 19, 2024.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-31287 size-full" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/11/estatedia.com-cambodias-agricultural-sector-attracts-major-japanese-investment.jpg?resize=750%2C557&#038;ssl=1" alt="Cambodia's Agricultural Sector Attracts Major Japanese Investment" width="750" height="557" />
<p>The delegation expressed keen interest in exploring investment opportunities in Cambodia&#8217;s <a href="https://estatedia.com/minister-encourages-investment-in-processing-of-agriculture-products/">agriculture</a>, food processing, and aquaculture sectors. H.E. TAKAHASHI Fumiaki highlighted the JCA&#8217;s efforts to promote Cambodia&#8217;s investment potential to Japanese companies, particularly small and medium-sized enterprises (SMEs). The association reaffirmed its commitment to strengthening cooperation with the Royal Government of Cambodia (RGC) in industrial development and human resource development.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-31288 size-full" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/11/estatedia.com-cambodias-agricultural-sector-attracts-major-japanese-investment-1.jpg?resize=750%2C667&#038;ssl=1" alt="Cambodia's Agricultural Sector Attracts Major Japanese Investment" width="750" height="667" />
<p>Prime Minister Hun Manet expressed gratitude to the JCA for its contributions to strengthening Japan-Cambodia relations and fostering closer ties between the two countries&#8217; private sectors. He acknowledged the significant role of the Japanese private sector in driving Cambodia&#8217;s economic growth over the past few decades and congratulated the JCA on the establishment of its office in Cambodia and three vocational training schools focusing on automotive repair, plastic surgery, and IT engineering skills.</p>
<p>The Prime Minister emphasized the alignment of the JCA&#8217;s intentions with the RGC&#8217;s strategic goals of promoting SMEs in Cambodia to create a robust production chain for both domestic and international markets. He outlined the government&#8217;s policies and measures aimed at creating a favorable business and investment environment to enhance Cambodia&#8217;s competitiveness.</p>
<p>To further strengthen cooperation in the industrial sector and human resource development, Prime Minister Hun Manet encouraged the JCA to collaborate with relevant Cambodian ministries and institutions to develop a comprehensive plan that addresses specific needs.</p><p>The post <a href="https://estatedia.com/cambodias-agricultural-attracts-japanese-investment/">Cambodia’s Agricultural Sector Attracts Major Japanese Investment</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">31285</post-id>	</item>
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		<title>Cambodia-China Partnership Gets a Boost with Infrastructure Investment</title>
		<link>https://estatedia.com/ambodia-china-partnership-gets-a-boost-with-infrastructure-investment/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Fri, 11 Oct 2024 03:00:42 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=17152</guid>

					<description><![CDATA[<p>PHNOM PENH: October 11, 2024 – According to a press release issued by the AKP (Agence Kampuchea Presse), the Cambodian government has received a significant boost to its infrastructure development plans from China. During a bilateral meeting on the sidelines of the 44th and 45th ASEAN Summits in Vientiane, Laos, Cambodian Prime Minister Hun Manet&#8230;&#160;<a href="https://estatedia.com/ambodia-china-partnership-gets-a-boost-with-infrastructure-investment/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia-China Partnership Gets a Boost with Infrastructure Investment</span></a></p>
<p>The post <a href="https://estatedia.com/ambodia-china-partnership-gets-a-boost-with-infrastructure-investment/">Cambodia-China Partnership Gets a Boost with Infrastructure Investment</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: October 11, 2024 – According to a press release issued by the AKP (Agence Kampuchea Presse), the Cambodian government has received a significant boost to its infrastructure development plans from China.</p>
<p>During a bilateral meeting on the sidelines of the 44th and 45th ASEAN Summits in Vientiane, Laos, Cambodian Prime Minister <a href="https://estatedia.com/the-west-educated-prime-minister-hun-manets-rise-to-power/">Hun Manet</a> and Chinese Premier<a href="https://estatedia.com/cambodian-and-chinese-officials-sign-cooperation-deals/"> Li Qiang</a> announced a new Chinese grant of 300 million yuan (approximately $42.4 million) to fund infrastructure projects in Cambodia.</p>
<p>China committed to providing an additional 300 million yuan (approximately $42.4 million) to fund <a href="https://estatedia.com/cambodia-top-5-infrastructure-projects-to-follow-in-2023/">infrastructure projects</a> in Cambodia. This grant will contribute to the country&#8217;s ongoing efforts to modernize its infrastructure and enhance connectivity.</p>
<p>In addition to the financial assistance, both leaders discussed plans to develop a master plan for the Fish and Rice Corridor, an industrial and technological corridor aimed at boosting Cambodia&#8217;s agricultural exports to China. This initiative is part of China&#8217;s broader efforts to support Cambodia&#8217;s economic growth and development.</p>
<p>Prime Minister Hun Manet expressed his gratitude for China&#8217;s continued support and assistance, noting that the grant will play a crucial role in Cambodia&#8217;s infrastructure development. Both leaders emphasized the importance of strengthening bilateral cooperation in areas such as clean energy, infrastructure, connectivity, and people-to-people exchanges.</p><p>The post <a href="https://estatedia.com/ambodia-china-partnership-gets-a-boost-with-infrastructure-investment/">Cambodia-China Partnership Gets a Boost with Infrastructure Investment</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">17152</post-id>	</item>
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		<title>Cambodia Minister Highlights Sustainable Transport Achievements at Global Forum</title>
		<link>https://estatedia.com/cambodia-minister-highlights-sustainable-transport-achievements-at-global-forum/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Thu, 26 Sep 2024 03:05:25 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=17120</guid>

					<description><![CDATA[<p>PHNOM PENH: H.E. Peng Ponea, Minister of Public Works and Transport (MPWT), shared Cambodia&#8217;s progress in sustainable transport and logistics development at the Global Sustainable Transport Forum 2024 in Beijing, China. Held over two days (September 25-26), the forum brought together transport ministers, officials, and industry representatives from around the globe. Minister Ponea outlined Cambodia&#8217;s&#8230;&#160;<a href="https://estatedia.com/cambodia-minister-highlights-sustainable-transport-achievements-at-global-forum/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia Minister Highlights Sustainable Transport Achievements at Global Forum</span></a></p>
<p>The post <a href="https://estatedia.com/cambodia-minister-highlights-sustainable-transport-achievements-at-global-forum/">Cambodia Minister Highlights Sustainable Transport Achievements at Global Forum</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: H.E. Peng Ponea, Minister of Public Works and Transport (<a href="https://estatedia.com/tag/mpwt/">MPWT</a>), shared Cambodia&#8217;s progress in sustainable transport and logistics development at the Global Sustainable Transport Forum 2024 in Beijing, China.</p>
<p>Held over two days (September 25-26), the forum brought together transport ministers, officials, and industry representatives from around the globe. Minister Ponea outlined Cambodia&#8217;s policy framework, vision, and key achievements in building a more connected and environmentally friendly transport system.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-medium wp-image-17122" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/09/estatedia.com-cambodia-minister-highlights-sustainable-transport-achievements-at-global-forum-1.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" />
<p>Under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia has prioritized sustainable transport as a cornerstone of its development strategy. Minister <a href="https://estatedia.com/tag/peng-ponea/">Ponea</a> highlighted the government&#8217;s efforts to enhance connectivity, reduce environmental impacts, lower transport costs, and promote economic integration.</p>
<p>Minister Ponea&#8217;s participation in the forum also underscored Cambodia&#8217;s commitment to sustainable transport and its role in fostering regional and global connectivity.</p>
<p>Organized every year in China since 2021, the Global Sustainable Transport Forum serves as a platform for discussing pressing challenges in the transport sector, such as climate change, pandemics, and development disparities.</p>
<p>Participants exchanged ideas on strengthening international cooperation, building resilient transport infrastructure, and achieving the Sustainable Development Goals (SDGs).</p>
<p>&nbsp;</p><p>The post <a href="https://estatedia.com/cambodia-minister-highlights-sustainable-transport-achievements-at-global-forum/">Cambodia Minister Highlights Sustainable Transport Achievements at Global Forum</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">17120</post-id>	</item>
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		<title>Cambodia to Continue Development Projects Despite CLV-DTA Exit</title>
		<link>https://estatedia.com/cambodia-to-continue-development-projects-despite-clv-dta-exit/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Mon, 23 Sep 2024 04:34:01 +0000</pubDate>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">https://estatedia.com/?p=17097</guid>

					<description><![CDATA[<p>PHNOM PENH: Despite Cambodia&#8217;s decision to withdraw from the Cambodia-Laos-Viet Nam Development Triangle Area (CLV-DTA), the country remains committed to its development initiatives in the northeastern region. Prime Minister Hun Manet reiterated this commitment in a public message, emphasizing that the development of the northeastern region is a priority for the government, regardless of external&#8230;&#160;<a href="https://estatedia.com/cambodia-to-continue-development-projects-despite-clv-dta-exit/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia to Continue Development Projects Despite CLV-DTA Exit</span></a></p>
<p>The post <a href="https://estatedia.com/cambodia-to-continue-development-projects-despite-clv-dta-exit/">Cambodia to Continue Development Projects Despite CLV-DTA Exit</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: Despite Cambodia&#8217;s decision to withdraw from the Cambodia-Laos-Viet Nam Development Triangle Area (CLV-DTA), the country remains committed to its development initiatives in the northeastern region.</p>
<p>Prime Minister Hun Manet reiterated this commitment in a public message, emphasizing that the development of the northeastern region is a priority for the government, regardless of external cooperation.</p>
<p>&#8220;<em>With or without the CLV-DTA cooperation, Cambodia will continue to development her northeastern part and to ensure the territory and sovereignty defence because this is the people’s will, especially that of the people living in the northeastern part</em>,&#8221; he underlined.</p>
<p>Key development projects, including border marker planting, interconnected infrastructure, and investment incentives, will continue to be implemented. The government will also maintain its focus on border ring road construction, with the support of the Border Infrastructure Development Foundation.</p>
<p>To enhance public awareness and engagement, the government will continue its free tour program to the northeastern region, allowing citizens to witness firsthand the progress made in development.</p>
<p>The Prime Minister also thanked the public for their contributions to the Border Infrastructure Development Foundation and reiterated that the fund-raising campaign will continue until October 31, 2024. He emphasized the importance of transparency and accountability in the use of the raised funds.</p>
<p>On September 20, 2024, Former Prime Minister Hun Sen, current Cambodian Senate President and the initiator of the CLV-DTA, officially announced Cambodia&#8217;s withdrawal from the cooperation after 25 years of involvement.</p><p>The post <a href="https://estatedia.com/cambodia-to-continue-development-projects-despite-clv-dta-exit/">Cambodia to Continue Development Projects Despite CLV-DTA Exit</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">17097</post-id>	</item>
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		<title>HONDA and Cambodia Strengthen Partnership for Industrial Growth</title>
		<link>https://estatedia.com/honda-and-cambodia-strengthen-partnership-for-industrial-growth/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Mon, 23 Sep 2024 02:57:59 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=17089</guid>

					<description><![CDATA[<p>PHNOM PENH: Prime Minister of the Kingdom of Cambodia, Hun Manet received a courtesy call from Mr. Minoru Kato, CEO and Vice President in charge of motorcycles at HONDA MOTOR CO., LTD., at the Peace Palace last week. During the meeting, according to a press release from the Spokesperson for Cambodian Prime Minister, Mr. Minoru&#8230;&#160;<a href="https://estatedia.com/honda-and-cambodia-strengthen-partnership-for-industrial-growth/" rel="bookmark">Read More &#187;<span class="screen-reader-text">HONDA and Cambodia Strengthen Partnership for Industrial Growth</span></a></p>
<p>The post <a href="https://estatedia.com/honda-and-cambodia-strengthen-partnership-for-industrial-growth/">HONDA and Cambodia Strengthen Partnership for Industrial Growth</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: Prime Minister of the Kingdom of Cambodia, Hun Manet received a courtesy call from Mr. Minoru Kato, CEO and Vice President in charge of motorcycles at HONDA MOTOR CO., LTD., at the Peace Palace last week.</p>
<p>During the meeting, according to a press release from the Spokesperson for Cambodian Prime Minister, Mr. Minoru Kato provided an update on HONDA’s progress and business activities in Cambodia through N.C.X. Co., LTD., which has been operating for the past 25 years.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-17090" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/09/estatedia.com-honda-and-cambodia-strengthen-partnership-for-industrial-growth.jpg?resize=1000%2C588&#038;ssl=1" alt="" width="1000" height="588" />
<p>Mr. Kato expressed his gratitude to the Royal Government of Cambodia for prioritizing industrial development through the introduction of the Cambodian Industrial Development Policy 2015-2025 and vocational training programs. He thanked the government for its ongoing support and facilitation, which have significantly contributed to the company’s success.</p>
<p>Mr. Kato reaffirmed HONDA’s commitment to aligning with government policies and strategies while continuing collaboration with relevant ministries and institutions. He also informed Samdech Thipadei of HONDA’s plans to further expand its investments and business operations in Cambodia.</p>
<p>PM Hun Manet congratulated HONDA on its progress and success, both in Cambodia and globally. He commended the company’s investment decisions over the past 25 years, which have significantly contributed to Cambodia’s socio-economic development, particularly by enhancing local skills and creating jobs.</p>
<p>Prime Minister also highlighted the Royal Government’s prioritisation of the Automotive and Electronics Sectors Development Roadmap and the favorable policies and incentives for investment in assembly plants.</p>
<p>Furthermore, PM reiterated the government’s ongoing support for HONDA’s operations and encouraged the company to explore opportunities to increase local component production.</p>
<p>This continued collaboration and investment by HONDA are expected to further boost Cambodia’s industrial sector and contribute to the country’s economic growth.</p><p>The post <a href="https://estatedia.com/honda-and-cambodia-strengthen-partnership-for-industrial-growth/">HONDA and Cambodia Strengthen Partnership for Industrial Growth</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">17089</post-id>	</item>
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		<title>Cambodia Raises Garment Workers’ Minimum Wage to US$208 in 2025</title>
		<link>https://estatedia.com/cambodia-raises-garment-workers-minimum-wage-to-us208-in-2025/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Fri, 20 Sep 2024 01:28:39 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=17055</guid>

					<description><![CDATA[<p>PHNOM PENH: Workers and employees in the garment, footwear and travel goods industry in Cambodia will receive US$208 as monthly minimum wage next year, according to Prime Minister Samdech Moha Borvor Thipadei Hun Manet. In a message on his social media networks this afternoon, Samdech Thipadei Hun Manet said that H.E. Heng Sour, Minister of&#8230;&#160;<a href="https://estatedia.com/cambodia-raises-garment-workers-minimum-wage-to-us208-in-2025/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia Raises Garment Workers’ Minimum Wage to US$208 in 2025</span></a></p>
<p>The post <a href="https://estatedia.com/cambodia-raises-garment-workers-minimum-wage-to-us208-in-2025/">Cambodia Raises Garment Workers’ Minimum Wage to US$208 in 2025</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: Workers and employees in the garment, footwear and travel goods industry in Cambodia will receive US$208 as monthly minimum wage next year, according to Prime Minister Samdech Moha Borvor Thipadei Hun Manet.</p>
<p>In a message on his social media networks this afternoon, Samdech Thipadei Hun Manet said that H.E. Heng Sour, Minister of Labour and Vocational Training and Chairman of the National Council for Minimum Wage, had just reported to him that the minimum wage negotiations for 2025 were concluded with US$206, which won majority of votes, i.e. 46 out of 51.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-17056" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/09/estatedia.com-cambodia-raises-garment-workers-minimum-wage-to-us208-in-2025.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" />
<p>However, the Premier has decided to add US$2 to the approved figure of US$206, therefore the monthly minimum wage for 2025 is US$208, an increase by US$4 compared to 2024.</p>
<p>Samdech Thipadei Hun Manet also reaffirmed the Royal Government’s continued attention to improving the living standards, careers, and well-being of people from all walks of life despite the difficult circumstances of the global economy.</p>
<p>The increase in the minimum wage for next year, no matter how small, is to alleviate some of the hardships of the workers and employees, he added.</p>
<p>“In addition to the wage increase, I would like to inform the workers and employees and the public that I will continue to urge the relevant ministries, institutions, authorities to monitor and put in place additional measures to determine the possibility of reducing the spending of workers and employees,” he underlined.</p>
<p>The new monthly minimum wage will take effect from Jan. 1, 2025, the Ministry of Labour and Vocational Training said, stressing that besides wage, workers in the garment, footwear and travel goods sector will receive other fringe benefits for regular attendance, transport, rent and seniority bonus.</p>
<p>Garment, footwear and travel goods industry is the largest foreign exchange earner for Cambodia. The sector consists of roughly 1,077 factories and branches, employing approximately 800,000 workers, mostly female.</p>
<p>The 2024 monthly minimum wage is 2024, up from US$200 in 2023, US$194 in 2022, US$192 in 2021, US$190 in 2020, US$182 in 2019, and US$170 in 2018.</p>
<p>The Royal Government of Cambodia has set a policy to increase the minimum wage of workers and employees in the garment, footwear and travel goods industry every year.</p><p>The post <a href="https://estatedia.com/cambodia-raises-garment-workers-minimum-wage-to-us208-in-2025/">Cambodia Raises Garment Workers’ Minimum Wage to US$208 in 2025</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">17055</post-id>	</item>
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		<title>Sihanoukville Autonomous Port (PAS) Expands Container Terminal Capacity</title>
		<link>https://estatedia.com/sihanoukville-autonomous-port-pas-expands-container-terminal-capacity/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Thu, 12 Sep 2024 03:22:32 +0000</pubDate>
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		<category><![CDATA[Sihanoukville]]></category>
		<category><![CDATA[Sihanoukville Autonomous Port]]></category>
		<category><![CDATA[Sihanoukville Autonomous Port (PAS)]]></category>
		<category><![CDATA[The Sihanoukville Autonomous Port]]></category>
		<category><![CDATA[UENO]]></category>
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					<description><![CDATA[<p>PHNOM PENH: The Sihanoukville Autonomous Port (PAS), Cambodia&#8217;s primary deep-sea port covering approximately 125 hectares, has significantly expanded its container handling capacity with the official inauguration of a new 253-meter-long terminal. The ceremony was presided over by  Hun Manet, Prime Minister of Cambodia, and H.E. Ueno Atsushi, Ambassador of Japan to Cambodia. H.E. Peng Ponea,&#8230;&#160;<a href="https://estatedia.com/sihanoukville-autonomous-port-pas-expands-container-terminal-capacity/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Sihanoukville Autonomous Port (PAS) Expands Container Terminal Capacity</span></a></p>
<p>The post <a href="https://estatedia.com/sihanoukville-autonomous-port-pas-expands-container-terminal-capacity/">Sihanoukville Autonomous Port (PAS) Expands Container Terminal Capacity</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: The Sihanoukville Autonomous Port (PAS), Cambodia&#8217;s primary deep-sea port covering approximately 125 hectares, has significantly expanded its container handling capacity with the official inauguration of a new 253-meter-long terminal.</p>
<p>The ceremony was presided over by  Hun Manet, Prime Minister of Cambodia, and H.E. Ueno Atsushi, Ambassador of Japan to Cambodia.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-16971" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/09/estatedia.com-sihanoukville-autonomous-port-pas-expands-container-terminal-capacity.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" />
<p>H.E. Peng Ponea, Minister of Public Works and Transport, stated that the construction of the additional container terminal began in May 2023 and was completed in 17 months at a total cost of approximately $37.5 million.</p>
<p>The project was funded in part by a $10 million concessional loan from the Government of Japan and $27.5 million from PAS&#8217;s budget and the Royal Government of Cambodia.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-16972" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/09/estatedia.com-sihanoukville-autonomous-port-pas-expands-container-terminal-capacity-1.jpg?resize=1000%2C560&#038;ssl=1" alt="" width="1000" height="560" />
<p>The new terminal, which has a depth of 11.5 meters and can handle 450,000 TEUs per year, will increase PAS&#8217;s total capacity to 1 million TEUs. This expansion will enable the port to accommodate larger vessels and meet growing demand for container shipping services.</p>
<p>Minister Ponea emphasized the importance of this project in enhancing Cambodia&#8217;s maritime competitiveness and attracting foreign investment. He noted that PAS has experienced significant growth in recent years, with cargo throughput increasing by 26.52% in the first seven months of 2024 compared to the same period in 2023.</p><p>The post <a href="https://estatedia.com/sihanoukville-autonomous-port-pas-expands-container-terminal-capacity/">Sihanoukville Autonomous Port (PAS) Expands Container Terminal Capacity</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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