diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index ddcf25c..a4cfb58 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"3.17.0"}
\ No newline at end of file
+{".":"3.18.0"}
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index d24d543..20004ac 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [3.18.0](https://github.com/streamnative/terraform-managed-cloud/compare/v3.17.0...v3.18.0) (2025-01-08)
+
+
+### Features
+
+* Support permission init for control plane management volume ([#104](https://github.com/streamnative/terraform-managed-cloud/issues/104)) ([54cfb6f](https://github.com/streamnative/terraform-managed-cloud/commit/54cfb6f0c0a7a2d325691c24a3e402b6c46950e3))
+
 ## [3.17.0](https://github.com/streamnative/terraform-managed-cloud/compare/v3.16.1...v3.17.0) (2025-01-07)