20 Investment Projects Proposed in Siem Reap Development Master Plan

At least 20 major investment projects have been proposed as part of the 2020-2035 Siem Reap Tourism Development Masterplan during an inter-ministerial meeting last week.

The meeting was joined by the Ministry of Tourism, the Ministry of Environment, the Ministry of Culture and Fine Arts, and the Siem Reap Provincial Municipality. During the meeting, the committee agreed to set up governance and institutional mechanisms along with investment strategies (public and private) to support tourism development and implement the master plan of Siem Reap province.

Spokesman of the Ministry of Tourism Top Sopheak told Construction & Property Magazine on 13 July that the master plan is vitally important as a guide for development. Meanwhile, the results of the meeting will be completed soon and will be submitted later for the government’s approval.

“I cannot inform about the master plan details to the public yet since it is still in the stage of inter-ministerial discussion. After getting the approval from the government, then we will be able to talk in detail,” Mr Top said.

Regarding the Siem Reap development plan, the Ministry of Public Works and Transport is also planning to build 38 more roads in Siem Reap to enhance the economy and beauty of the province, as well as to help connect the city centre to the rural areas. (Read more)

- Video Advertisement -

Related Post

A $117 Million Economic Lifeline: Prime Minister Hun Manet Inaugurates Newly Expanded National Road 7

The newly upgraded 4-lane highway connecting Skun and Kampong Cham town is projected to deliver a 15.27% economic return, slashing travel times and boosting agricultural trade… In a major boost to Cambodia’s internal logistics network, a vital 45.489-kilometer section of National Road 7 connecting the Skun roundabout to the Kizuna Bridge roundabout in Kampong Cham […]

Maritime Geopolitical Rivalry Intensifies as Vietnam Accelerates $4 Billion Deep Sea Port Project in the Far South

The massive infrastructure development on Hon Khoai Island serves as both an economic gateway for the Mekong Delta and a strategic maritime shield amid shifting regional dynamics Ho Chi Minh City: The geopolitical and trade landscape of Southeast Asia is entering a highly competitive phase as nations across the region race to build strategic advantages. […]

Field Assessments Underway for Kandal Province New Strategic Bridge

A joint delegation evaluates four potential sites for the Koh Khsach Tonlea crossing to enhance rural connectivity and market access In a significant step forward for Cambodia’s infrastructure development, a multi-institutional technical team has launched a comprehensive field survey to determine the optimal location for the upcoming Koh Khsach Tonlea Bridge project in Kandal Province. […]

Cambodia Completes Major Expansion of National Road 7 Connecting Skun and Kampong Cham

The $117 million infrastructure upgrade backed by China is set for an official inauguration by Prime Minister Hun Manet in July… The extensive upgrade of National Road 7, stretching over 45 kilometers to connect the hub of Skun with Kampong Cham town, has officially reached 100% completion. To mark this infrastructural milestone, a formal handover […]

Cambodia to Upgrade National Road 4 Section in Chbar Mon to Drive Regional Economic Growth

The Kampong Speu Provincial Administration recently announced a comprehensive infrastructure initiative aimed at upgrading the aesthetics and functionality of a key section of National Road 4 within Chbar Mon City. The project is strategically designed to transform the province into a vital economic and commercial center for the region. This development plan was detailed in […]

Bassac Riverbank Stabilization Project in Kandal Reaches 60% Completion

The ongoing infrastructure initiative to reinforce the Bassac riverbank in Sampov Poun City, Kandal Province, has achieved a significant milestone, with construction teams completing approximately 60% of the designated works. Local authorities and engineering crews remain heavily committed to accelerating the remaining phases to ensure the project concludes entirely on schedule. During a recent field […]