Nearly US$1.1 Billion Investment Projects Approved by CDC 1H 2023, Fueling Economic Growth in Cambodia
The Council for the Development of Cambodia (CDC) has greenlit an impressive array of 113 investment projects and expansions in the first half of 2023, boasting a staggering total capital investment of approximately US$1.1 billion. This momentous milestone not only showcases the country’s robust investment climate but also signals its steadfast commitment to fostering sustainable […]
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The 3rd Wastewater Treatment Plant in SHV completes 98%, scheduled to end this July
The third-largest wastewater treatment plant (PS3) in Sihanoukville, located in Village 4, Sangkat 4, is on the verge of completion, achieving an impressive 98% progress as of July 11, 2023. The construction, scheduled to conclude by the end of July 2023, signifies a significant milestone in the province’s commitment to environmental sustainability and efficient wastewater […]
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13ha Prime Land Allocated for Private Development in Boeung Ta Mok, Phnom Penh
Cambodia’s government has recently granted an allocation of over 13 hectares of prime land in Boeung Ta Mok (Boeung Kob Srov) to Mr. Lahn Pheara. This decision, outlined in Sub-Decree No. 02 dated 4 January 2023, designates the land situated in Sangkat Kork Roka and Sangkat Ponsaing, Khan Prek Pnov, Phnom Penh, as state private […]
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SHV Tourism Port Set to Transform into an International Tourist Hub
The Sihanoukville Provincial Authority has officially requested the assistance of the Ministry of Tourism in converting the newly inaugurated Sihanoukville Tourism Port into a prominent international tourist port. The aim is to facilitate seamless travel and promote tourism exchange between Cambodia, Thailand, and Vietnam. During the inauguration ceremony of the Preah Sihanouk Provincial Tourism Port […]
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505 elephant roundtable in Pursat province officially inaugurated
The grand inauguration ceremony of the awe-inspiring 505 Elephant Roundabout, situated at the intersection of National Road 55 and National Road 10 in Bramoy Commune, Veal Veng District, Pursat Province, marked a momentous occasion in the province’s history. Under the presidency of HE Suy Sem, Minister of Mines and Energy, the 505 Elephant Roundabout was […]
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Monivong Flyover Project Progresses: 25% Completion and Bridges Installed
The Monivong flyover construction project has reached a significant milestone, with approximately 25% of the work completed as of July 11. This update comes from Mr. Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, in an interview with local newspaper BTV on July 11, 2023. The construction site is […]
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Majestic New Kampong Speu Provincial Hall Nears Completion, a Symbol of Progress
The remarkable new Kampong Speu Provincial Hall, a monumental project worth over US$10 million, is nearing its final stages of construction, with approximately 90 percent of the work completed. This eagerly anticipated landmark is set to be officially inaugurated in the near future, as announced by HE Vy Samnang, the Governor of Kampong Speu Province, […]
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Gov’t Approves Five New Investment Projects Valued at US$50.7 Million, Boosting Economic Development
The Council for the Development of Cambodia (CDC) has granted registration certificates to nine prominent companies, marking the approval of five new investment projects across three provinces. With a cumulative investment of US$50.7 million, these ventures are poised to create approximately 13,722 job opportunities for local residents, further strengthening Cambodia’s employment sector. The CDC’s recent […]
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Techo International Airport Nears Completion as Connecting Road 50% Progresses
The highly anticipated Techo International Airport, a remarkable project by OCIC, is swiftly taking shape, with construction progress reaching significant milestones. As of June 2023, the airport construction has surpassed the halfway mark, standing at an impressive 50 percent completion. Concurrently, the connecting road, spanning 13.5 kilometers and measuring 60 meters in width, has reached […]
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Gov’t Invests $2 Million in New Road Linking Two Districts in Kampong Thom
Cambodian government has allocated approximately $2 million to construct a rubber road spanning 12 kilometers and connecting the Prasat Balong district to the Prasat Sambo district in Kampong Thom province. The newly constructed road, a total length of 12 km and 400 meters and a width of 7 meters, currently undergoing the soil pouring and […]
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SSEZ: A Vital Link between Cambodia and China in the Belt and Road Framework
The Sihanoukville Special Economic Zone (SSEZ) stands as a monumental achievement, serving as a vital bridge connecting Cambodia and China within the framework of the ambitious Belt and Road Initiative. This collaborative project has not only brought economic prosperity but has also created employment opportunities for tens of thousands of Cambodians. Liu Lianchi, the deputy […]
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Gov’t Grants 322 Hec of Social Land Concessions in Rolea Bier District, Kampong Chhnang Province
The Ministry of Land Management, Urban Planning, and Construction, in collaboration with the Kampong Chhnang Provincial Authority, has allocated 322 hectares of land as a judging area for land identification, classification, and registration in Prasnup commune, Rolea Bier district. This announcement, made on July 6, 2023, marks a crucial milestone in the implementation of the […]
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