As the Kingdom’s second expressway – from Phnom Penh to the Bavet town border with Vietnam – broke ground on June 7, an agreement for a third expressway from the capital to Siem Reap and on to the Thai border at Poipet town was also signed.
The Ministry of Economy and Finance is granting a tax holiday until the end of 2023 for properties located in four newly established towns in Kampong Speu, Kandal and Kampot provinces.
The commerce minister on May 3 reiterated an invitation for South Korean investors to pump money into a range of Cambodian sectors and take advantage of the Cambodia-Korea Free Trade Agreement (CKFTA) that took effect on December 1.
The ruling Cambodian People’s Party (CPP) has won commanding council election victories in the Kingdom’s five newly established voting town and districts.