Peace Palace, on December 20, 2024, Samdech Thipadei Hun Manet chaired the Council for the Development of Cambodia’s meeting, where statistics on approved investment projects were presented. In 2023, 268 projects were approved, and in 2024, the number increased to 414 projects, representing a remarkable 146 projects (54%) more. Furthermore, the investment capital approved in 2023 was 4 927 million USD, while in 2024, it rose to 6 900 million USD, indicating a substantial increase of 1 973 million USD (40%).
Peace Palace, on the afternoon of December 18, 2024, Mr. Ratchayut Kasemchaisiri, Chairman of the Board of Directors of the Cambodian Cement Industry Association, presented to Samdech Thipadei an update on the progress of the cement industry. Member companies have invested a total of over 1.2 billion US dollars and created over 2,700 jobs. The association possesses the capability to produce and distribute cement both domestically and to several neighboring countries. Additionally, the association has recently joined the ASEAN Federation of Cement Manufacturers (AFCM). In response to the association’s request, Samdech Thipadei has decided to continue providing tax incentives to local cement manufacturers and has tasked the Ministry of Economy and Finance, in collaboration with the Ministry of Mines and Energy, with studying additional measures to enhance the competitiveness and growth of the cement industry.
Peace Palace, on the afternoon of December 18, 2024, U.S. Indo-Pacific Command Commander Admiral Samuel J. Paparo expressed satisfaction with the USS Savannah's inaugural docking at Sihanoukville Autonomous Port following an eight-year hiatus, and pledged continued enhancement of military cooperation through multi-level officer exchanges, training programs, and joint exercises. The Admiral also expressed gratitude to the Cambodian government for its efforts in finding and returning the remains of U.S. soldiers killed in action overseas (POW/MIA).
7 Makara Palace, On December 18, 2024, Samdech Thipadei attended the concluding ceremony of the Central Committee of the Mass Movement Committee, chaired by Samdech Techo Hun Sen, the President of the Cambodian People’s Party.
Peace Palace, on the afternoon of December 17, 2024, Mr. Krishna Srinivasan, the International Monetary Fund (IMF) Regional Director for Asia and the Pacific, commended Cambodia's robust economic growth and reaffirmed the IMF's commitment to supporting the Royal Government of Cambodia's efforts to maintain fiscal stability and foster human capital development.
Kandal, on the morning of December 17, 2024, during the groundbreaking ceremony for the Mekong Key City project in Arey Ksatr City, Kandal Province, Samdech Thipadei emphasized that interconnected infrastructure development not only enhances transportation and economic growth but also fosters regional connectivity. The strategic development of road and bridge infrastructure represents a vision of integrated people, economies, and regions. This marks a significant advancement.
Peace Palace, on the afternoon of December 16, 2024, Mr. Riccardo Puliti, IFC Vice President for Asia and the Pacific, indicated a keen interest in expanding IFC investment in Cambodia's renewable energy, logistics, and financial sectors. In response, Samdech Thipadei encouraged continued collaboration between the IFC and relevant Cambodian ministries and institutions to capitalize on investment opportunities within the country.
Peace Palace, on the afternoon of December 16, 2024, the International Coordinating Committee for Angkor and Sambo Prei Kuk Historical Site (ICC-Angkor/Sambo Prei Kuk) has reaffirmed its steadfast commitment to strengthening and expanding its collaboration with the Royal Government of Cambodia. Furthermore, the ICC-Angkor/Sambo Prei Kuk conveyed its decision to extend its mandate for the next decade to Samdech Thipadei. Samdech Thipadei also requested continued support from the ICC-Angkor/Sambo Prei Kuk mechanism, UNESCO, and other international partners to facilitate the repatriation of Cambodian artifacts and to support the preservation of Cambodia's heritage properties on the UNESCO World Heritage List, including continued investment in human capital development.
Phnom Penh, on the morning of December 16, 2024, Samdech Thipadei presided over the official launch of the Digital Platform for Onboarding Informal Economy, designed to support and facilitate informal economy workers and businesses. This platform will create opportunities for business development and expansion, ultimately improving living standards and well-being.