20 Investment Projects Proposed for Kampong Speu Province

At least twenty new investment projects, mostly clothes and footwear factories, have been proposed to be built in Kampong Speu province in 2021, according to Kampong Speu Provincial Governor Vei Samnang.

Governor Samnang told Construction & Property Magazine today that the investors are currently proceeding with their plans, but some of which are being disrupted by the ongoing COVID-19 pandemic.

Earlier this year, those private firms said they will come in 2021. However, this might change as the COVID-19 situation is still uncertain,” said HE Samnang.

He added that these 20 investment projects will generate approximately 50,000 to 60,000 jobs.

To date, the province is the home of over 200 investment projects, 153 of which are operational with the rest under construction. 120,000 jobs are being generated from those investment projects. (Read more)

- Video Advertisement -

Related Post

As of 2024, Phnom Penh has 1877 high-rise buildings with 5 floors or more

As of 2024, Phnom Penh has a total of 453 apartment buildings and 1,877 high-rise buildings with five or more floors. This information was presented by His Excellency Keut Chhe, Deputy Governor of Phnom Penh, on February 1, 2023. Phnom Penh, the largest capital city of Cambodia, is currently experiencing rapid urbanization and industrial growth. […]

Indonesia is set to invest nearly USD 3 billion to complete the second phase of its new capital development

The Indonesian government will allocate an additional 48.8 trillion IDR (approximately USD 2.99 billion) to continue its new capital (IKN) development during the second phase, which spans from 2025 to 2029. Vietnam Plus reported this information on January 23, 2025. In the first phase (from 2022 to 2024), the Indonesian government has already invested 89 […]

Techo International Airport Nears Completion: A New Gateway to Cambodia

In an exciting development for Cambodia’s aviation sector, the Techo International Airport construction project is now over 94% complete, with the total investment reaching nearly USD 1.4 billion. This ambitious project promises to transform the country’s skyways and enhance domestic and international travel connectivity. As of late December 2024, critical infrastructure components, including the Passenger […]

Chinese Company Pledges to Complete Mondulkiri Wind Power Station by 2026

In a significant commitment to renewable energy in Cambodia, HK OASIS Power Energy Development Co., Ltd. has vowed to complete the construction of a 150-megawatt wind power station in Mondulkiri province by 2026. This pledge was made by Mr. Wang Junwei, the company’s representative, during a meeting with HE Chea Vuthy, Secretary General of the […]

Serei Sophorn Welcomes the New 11 hectares of Landfill

In a significant development to enhance urban environmental management around the Tonle Sap Lake, the government officially inaugurated over 11 hectares of landfill on January 17, 2025. This project, part of the Phase 2 initiative, received support through a concessional loan from the Asian Development Bank (ADB). The landfill in Kangvea village of Sangkat Kampong […]

China Approves Highest & Largest Hydropower Dam in Tibet Worth USD 127 Billion Amid Global Concerns

China has approved the construction of the world’s largest hydropower dam on the lower Yarlung Tsangpo River in Tibet, with an estimated cost of USD 127 billion. The project, poised to generate three times more energy than the Three Gorges Dam, is expected to redefine renewable energy development globally but has raised significant concerns about […]