Business Daily Media

The Times

.

Canopy Sands Development's Bay of Lights Leads Sustainable Urban Development in Cambodia, Highlighted at Global Climate Action Forum

PHNOM PENH, CAMBODIA - Media OutReach Newswire - 20 May 2024 - At the Global Climate Action Forum (GCAF), Canopy Sands Development's Bay of Lights project is highlighted as a leading example of sustainable urban development in Cambodia.

The forum, held at Himawari Hotel Apartments and co-organized by the Ministry of Environment (MoE) and W-Foundation, emphasized Cambodia's commitment to sustainability through public-private partnerships.

Bay of Lights project showcased at the Global Climate Action Forum, a testament to Cambodia
Bay of Lights project showcased at the Global Climate Action Forum, a testament to Cambodia's commitment to sustainable urban development through public-private partnerships.

The GCAF attracted about 500 participants, including members of the National Council for Sustainable Development, representatives from inter-ministerial working groups, government bodies, embassies, development partners, the private sector, and civil society organizations. The event focused on climate justice, advocating for stronger climate policies, and sharing successful case studies from global climate action initiatives.

Canopy Sands Development, the master developer of the 934-hectare Bay of Lights coastal project in Sihanoukville, showcased its comprehensive master-planning efforts by Surbana Jurong, an urban, infrastructure and managed services consultancy that's wholly-owned by Singapore investment company Temasek Holdings. David Richard, Head of Division for Hospitality and Tourism, emphasized the company's commitment to embedding sustainability into every aspect of their work, highlighting the project's dedication to continuous improvement and transparency.

"Our vision for Bay of Lights is to create a sustainable urban environment that sets a benchmark for future developments in Cambodia," said David. "By integrating advanced environmental practices and fostering close collaboration with the government and local communities, we aim to deliver a project that not only meets current sustainability standards but also anticipates and adapts to future environmental challenges. This is about building a legacy of responsible development that will benefit generations to come."

Minister of Environment Eang Sophalleth reiterated Cambodia's commitment to climate action, noting the submission of the Long-Term Strategy for Carbon Neutrality (LTS4CN) to the United Nations Framework Convention on Climate Change in 2021 and the recent adoption of the Operations Manual for the implementation of Article 6 of the Paris Agreement. Canopy Sands Development is preparing to comply with Cambodia's Environment and Natural Resources Code, effective June 2024, enhancing environmental management, protection, and sustainable living.

In alignment with its commitment to environmental stewardship, Canopy Sands Development is actively preparing to comply with Cambodia's newly adopted Environment and Natural Resources Code, set to come into force in June 2024. This comprehensive code aims to enhance environmental management, protection, conservation, and restoration of natural resources, biodiversity, cultural property, and sustainable living.

Hashtag: #BayofLights #GlobalClimateActionForum #SustainableUrbanDevelopment #Cambodia

The issuer is solely responsible for the content of this announcement.

Bay of Lights

Bay of Lights is a pioneering development reshaping the skyline of Sihanoukville, Cambodia. With investment of USD 16 billion, this sprawling 934-hectare beachfront project has been meticulously master-planned to feature nine distinctive districts supporting the initiative's six core pillars: Financial Services, Tourism, Education, Entertainment & Lifestyle, Health & Wellness, as well as Art & Culture. Driven by a vision to create a world-class financial and tourism hub, Bay of Lights design encourages a sense of connectivity between diverse sectors and stimulating economic growth.

News from Asia

Striding AI Announces Development of Next-Generation Robotic Foundation Systems for Physical AI Deployment

BEIJING, CHINA - Media OutReach Newswire – 2 July 2026 – Striding AI today announced that it is developing a new generation of robotic foundation systems designed to accelerate the deployment of P...

Ogilvy unveils inaugural 2026 APAC Believability Index "The Power of Proof" study reveals hidden cost of lost belief

93% of APAC consumers quietly disengage when believability is lost New AI 'Believability Agent' predicts and prevents silent churnSINGAPORE - Media OutReach Newswire - 2 July 2026 - Ogilvy today r...

BitAuto Malaysia Automotive Forum 2026 Concludes in Kuala Lumpur: Integration & Symbiosis to Drive Malaysia’s New Automotive Growth

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 2 July 2026 - June 30, Hosted by BitAuto Tengyi Malaysia Sdn. Bhd., the BitAuto Malaysia Automotive Forum 2026 wrapped up successfully at Sherato...

XTransfer Returns to the Summer Davos Forum

SMEs Serve as a “Buffer” for Globalisation HONG KONG SAR - Media OutReach Newswire - 2 July 2026 - XTransfer, the World's Leading B2B Cross-Border Trade Payment Platform, attended the Wo...

Chinese Companies Prioritise Supply Chain Resilience, AI and New Markets for Growth

Data from DP World's Global Trade Observatory shows 58% of Chinese supply-chain executives plan to increase suppliers and diversify sourcing in 2026 Growth priorities are led b...

JUSTCO APP Enables On-Demand Booking Of Workspaces – No Monthly Membership Required

SINGAPORE - Media OutReach Newswire - 2 July 2026 - JustCo Holdings Limited ("JustCo"), a Singapore-grown flexible workspace operator with an extensive Asia Pacific network, announced pay-per-use ...

TrueHealth Medical lands on HKEX as the first Hong Kong-listed percutaneous surgical robotics player, with a 216.96% debut rally

HONG KONG SAR – EQS Newswire - 2 July 2026 - On June 30, 2026, Guangdong TrueHealth Medical Technology Development Co., Limited (referred to as "TrueHealth Medical" or the "Company", stock code: 02...

Dr Savitha Dharan Takes the Helm as CEO of Thomson Hospital Kota Damansara

Appointment reinforces the hospital's commitment to clinical excellence, strategic growth and delivering exceptional patient care.KOTA DAMANSARA, MALAYSIA - Media OutReach Newswire - 2 July 2026 -...

Jamf launches AI Governance, a first-of-its-kind native AI control plane for Mac

New capability gives enterprises visibility, control and governance for AI tools running across managed Mac fleets, addressing today’s gap between usage and confidenceHONG KONG SAR - Media OutReac...

Cigna Healthcare Hong Kong Enhances VHIS Flexi Plan (Superior) with Expanded Regional Medical Coverage and Recovery Support

Delivering greater flexibility in accessing care across locations, with enhanced support from treatment through recoveryHONG KONG SAR - Media OutReach Newswire - 2 July 2026 – Cigna Healthcare Ho...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...