Grand Opening of Koh Kong Tourist Port Ushers in a New Era of Coastal Connectivity for the Province
The much-anticipated inauguration of the splendid Koh Kong Tourist Port, also known as Dang Tong Port, took place on 23rd June 2023, graced by the esteemed presence of HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport, alongside Lok Chumteav Phu Thong Mithona, Governor of Koh Kong Province. This architectural marvel stands […]
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Majestic Koh Pic-Koh Norea Bridge Nears Completion at 80%
The splendid bridge linking the vibrant Koh Pich City to the enchanting Koh Norea, constructed by the Overseas Cambodian Investment Company (OCIC), is reaching a remarkable 80% completion mark as of June 2023. Touch Samnang, Deputy Director-General of OCIC, revealed to Construction & Property Magazine on 23rd June that the bridge construction has been progressing […]
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Progress Update: Rehabilitation of NR No. 48 from Sre Ambel to Koh Kong Reaches 31%
The highly anticipated rehabilitation project of NR No. 48, stretching 148 kilometers from the Sre Ambel Road intersection on NR No. 4 to Khemarak Phoumin City in Koh Kong Province, has achieved a significant milestone, with completion reaching 31% as of 22nd June 2023. During a site inspection led by HE Sun Chanthol, Senior Minister […]
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Public Alert: Exercise Caution as NRPC Exposes Unlicensed Housing Projects in Phnom Penh
In an effort to protect the public and maintain the integrity of the real estate market, the National Real Estate and Mortgage Regulator (NRPC) has issued a crucial warning regarding four housing development projects in Phnom Penh that lack the necessary licenses. This announcement, dated 15th June 2023, serves as a stern reminder for individuals […]
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Cambodian Islands Connected: Submarine Transmission Line Sparks New Era of Development and Accessibility
In a significant milestone for island residents and the region’s burgeoning investment landscape, the official launch of a submarine transmission line connecting the islands off the coast of Sihanoukville and Koh Kong provinces has taken place. This transformative project establishes a medium voltage network that seamlessly integrates island communities with the national grid, providing access […]
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CDC Greenlights 27 Non-SEZ Investment Projects, Fueling Economic Growth and Job Creation
In a remarkable display of economic resilience and investment potential, the Council for the Development of Cambodia (CDC) has granted approval for 27 fixed asset projects outside the special economic zones (SEZs) in the first quarter of this year. These projects, with a cumulative investment value of US$193 million, bear testimony to Cambodia’s robust business […]
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Cambodia Signs Concessional Loans Worth US$488 Million, Bolstering Public Investments for Sustainable Growth
Cambodia’s commitment to fostering sustainable economic growth and driving public investments received a significant boost in the first quarter of this year, as the Cambodian government inked new concessional loan agreements with development partners. The total amount of these loans reached an impressive US$488 million, propelling the country’s public debt to US$10.23 billion as of […]
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Banteay Meanchey’s 5 Flourishing SEZs Fuel Unprecedented 20,000 Job Growth
Banteay Meanchey province is experiencing a remarkable economic transformation, spearheaded by its five thriving special economic zones (SEZs), which have become major catalysts for job creation and development. With close to 20 factories operating within these SEZs, the province has successfully generated employment opportunities for over 20,000 individuals. Speaking to reporters from Radio National of […]
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7-Eleven Sets Ambitious Plan to Expand with 40 New Branches in Cambodia by the End of 2023
Leading convenience store chain, 7-Eleven, operated by CP All, has unveiled an ambitious plan to open 40 new branches in Cambodia by the close of 2023, aiming to reach a milestone of 100 branches in the country. As reported by Thailand’s The Nation on 17th June, this expansion demonstrates 7-Eleven’s commitment to cater to Cambodia’s […]
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Cambodia Welcomes US$33.3m Investment as Government Approves Establishment of Five New Factories Across Five Provinces
The Council for the Development of Cambodia (CDC) has granted registration certificates to five visionary companies. These companies are set to embark on the establishment of five state-of-the-art factories, collectively investing a total of US$33.3 million. This significant announcement was made public through the CDC’s official publication on 19th June 2023, affirming the government’s commitment […]
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Japan Extends Nearly US$200m in Funding for Rural Road Enhancement and Clean Water Expansion in Siem Reap
The Government of Japan has demonstrated its commitment to improving infrastructure and living conditions in Cambodia by granting nearly US$200 million in concessional loans. The official signing ceremony, held on 20th June 2023, marked the exchange of letters and related documents, solidifying Japan’s support for rural road enhancement and water supply expansion projects in Siem […]
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Lucky Express Unveils Grand Opening of Fourth Branch in Borey Peng Huoth (St. 60m)
Lucky Express Super Market continues its expansion with the highly anticipated grand opening of its fourth branch in the prestigious Borey Peng Huoth, The Star Diamond Project, strategically located along Samdech Techo Hun Sen Blvd. (St. 60m). On 20th May 2023, DFI Lucky Private Limited celebrated the official inauguration of Lucky Express Market, offering exclusive […]
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