The Sihanoukville multi-purpose economic zone development project aims to attract over USD 20 billion in investments
Sihanoukville, Cambodia – In a bold stride towards economic transformation, the Cambodian government is setting its sights on the Sihanoukville multi-purpose economic zone development project, which is anticipated to attract over $20 billion in investments from both private sector investors and international development partners over the next 15 years. Mr. Chea Kok Hong, Director of […]
Darasakor International Airport Opens Its Doors in Koh Kong
Koh Kong Province has marked a significant milestone with the grand opening of Darasakor International Airport on December 26, 2024. This $200 million investment, overseen by the Chinese company Union Development Group, represents a major advancement in Cambodia’s aviation sector and is set to transform travel in the region. The airport officially welcomed its first […]
Nearly 19 Hectares of Landfill Inaugurated in Kampong Cham City
The Kampong Cham City Garbage Disposal Site, covering an area of 18.67 hectares in Koh Roka Village, Koh Roka Commune, Kampong Siem District, Kampong Cham Province, has been officially inaugurated. This ceremony took place on December 24, 2024. The landfill is part of the Greater Mekong Subregion Corridor Development Project, Phase 4, funded by a […]
ADB Invests USD 403 Million in Six Key Projects for Cambodia
In a significant boost for Cambodia, the Asian Development Bank (ADB) has approved USD 403 million in loans and grants for six major development projects in 2024. The announcement, made by ADB Country Director Ms Jyotsana Varma during a signing ceremony on December 17, emphasizes the strengthened partnership between ADB and Cambodia under the new […]
The new road connecting NR No. 4 to Bokor Mountain has completed 7 km of concrete pouring work
The construction of a new 61-kilometre road connecting National Road No. 4 to Bokor Mountain is currently underway, with 7 kilometres of concrete pouring completed as of December 19, 2024. This update was posted on the official Facebook page of Sokha Real Estate on the afternoon of that date. According to the project plan developed […]
Shangri-La Phnom Penh Sets a New Benchmark in Luxury with $580 Million Investment
A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its $580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivalled comfort and sophistication. The hotel held its temporary inauguration on 15 December […]