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ខ្មែរ 
Canopy Sands Development Plans to Build Cambodia’s First Cable Car Project in Bay Of Lights
- 19 April 2023
Canopy Sands Development is set to begin construction of Cambodia's first cable car project in Bay of Lights, Sihanoukville, in early 2024. The project is part of the Bay of Lights development covering 934 hectares. The announcement was made by AMS on 12 April 2023, and the project will be developed under the investment of Canopy Sands Development. The cable car project is part of Canopy Sands ...
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Thailand Eyeing Investment Opportunities in Cambodia’s Booming Logistics Sector
- 19 April 2023
Thailand is exploring investment opportunities in Cambodia's logistics sector, as the two countries seek to strengthen cooperation in this area. At a meeting on 19 April 2023.between HE Sun Chanthol, Cambodia's Minister of Public Works and Transport, and Mr. Supachai Verapuchong, CEO of Logistics Intelligence Cambodia Co., Ltd, the Thai delegation expressed its desire to expand investment cooperat...
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IFC Partners with Cambodia for Feasibility Study of Sihanoukville Logistics Complex
- 19 April 2023
The International Finance Corporation (IFC) of the World Bank has teamed up with Cambodia's Ministry of Public Works and Transport to provide financial advisory services for the feasibility study of the Sihanoukville logistics complex (SHV-LC). The signing ceremony for the Financial Advisory Service Agreement was held on 19 April in the presence of HE Sun Chanthol, Senior Minister of the Ministry ...
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Bassac-Kampot Seaport Project Shows High Economic Potential and Environmental Sustainability
- 19 April 2023
The linked Bassac River Navigation and Logistics System project has completed its two-year feasibility study and the results have been highly promising. The project, which will connect Tonle Bassac to Kampot seaport over a length of 180 kilometers, has been evaluated to provide significant benefits to the national economy while also being environmentally sustainable. According to the Ministry o...
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Cambodian Board of Investment Approves US$12.2 Million for Three New Factories
- 18 April 2023
The Council for the Development of Cambodia has granted approval for the establishment of three new factories in Cambodia, with a total investment of US$12.2 million. The Board of Investment of Cambodia confirmed the registration of the solar panel factory, “GE NEW ENERGY TECHNOLOGY (CAMBODIA) CO., LTD” in Phnom Penh, the electronic assembly plant, “EBELNO (CAMBODIA) CO., LTD” in Kampong Speu, and...
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Gov’t Unveils Eight Measures to Support Construction and Borey Development
- 18 April 2023
The Ministry of Economy and Finance has recently announced eight measures to support the development of the construction and real estate sectors in the Borey industry amidst global economic uncertainty. According to the press release on 12 April 2023, the Economic and Monetary Policy Committee has outlined a package of measures to facilitate the growth of the real estate sector in Cambodia. Tho...
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Gov’t approves US$85 million investments in cattle and rubber farms in Kratie and Preah Vihear
- 18 April 2023
The Investment Committee of Cambodia's Council for the Development of Cambodia (CDC) has approved two investment projects that will contribute to the country's economic growth and development. Eastern Rubber (Cambodia) Co., Ltd will invest US$73.4 million to establish a large-scale cattle and beef cattle farm in Snuol district, Kratie province, while Rithy Rubber (Cambodia) Co., Ltd will invest US...
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US$6 Million Bran Oil Refinery Ready for Sale in Battambang
- 18 April 2023
A $6 million investment in a medium-sized bran oil refinery in Battambang province is set to go on sale after the Khmer New Year, according to RFI on 17 April 2023. The Cambodian jasmine rice refinery can refine more than 10 tons of cooking oil using about 50 to 100 tons of crude bran. Chhem Chandara, President of Medium Enterprise of Cambodia Rice Olive Company Limited, said that the bran oil ...
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Buy houses, win a master bedroom decoration and big save on…
- 18 April 2023
Borey Peng Huoth's April promotion offers huge customers and extraordinary profits. For buying all types of houses and all projects from today until the end of April 2023, customers will receive special offers such as: 🎁 Family headroom decoration according to the standard house standard Instant 🎁 discount up to US$ 30,000. 🎁 Year of Rabbit brings good luck with...
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Experts urge real estate players to update ‘playbooks’ to survive in the 2023 market
- 17 April 2023
The Cambodian property market is facing numerous headwinds in 2023 due to global economic crises, the Chinese real estate downturn, and the war in Ukraine. As a result, experts are urging all players in the market to update their playbook to survive in this new context. Lawrence Lennon, Managing Director of CBRE Cambodia, emphasized during a Q1 market update seminar that the market may not recover...
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Why is Cambodia Pushing Out Multiple Infrastructure Projects Despite an Ongoing Global Crisis?
- 17 April 2023
Amidst a global crisis, Cambodia remains committed to infrastructure development, with over US$30 billion in projects currently underway or on the table. The country's railway system is a focal point, with plans to modernize the 382-kilometre Phnom Penh-Poipet railway system to become the kingdom’s first standard high-speed rail line. The project, estimated at over US$4 billion, is being studied b...
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Siam Makro Plc to Invest Over US$800 Million in Retail and Wholesale Business Expansion
- 16 April 2023
Siam Makro Plc, the operator of Makro cash & carry stores and Lotus hypermarkets, has announced plans to invest 25.3-27.5 billion baht (over US$800 million) this year to expand its retail and wholesale businesses. According to Saowaluck Thithapant, Group Chief Executive of Siam Makro, " This move is in anticipation of a positive impact on the wholesale and retail businesses, as well as hote...
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