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ខ្មែរ 
CDC Approves Three New Projects Worth US$15.2m in Svay Rieng, Kampong Speu & Phnom Penh
- 13 March 2023
The Council for the Development of Cambodia (CDC) has given the green light for three new investment projects in the country's manufacturing sector, with a combined value of US$15.2 million. According to the CDC, the projects are set to create 3,365 jobs across Kampong Speu, Svay Rieng, and Phnom Penh. DUN TAI GARMENT (CAMBODIA) CO., LTD, plans to establish a garment factory in Kampong Speu wi...
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Russians Overtake Chinese to Become Biggest Phuket Condo Buyers as Russia-Ukraine War Continues
- 12 March 2023
Amidst the ongoing conflict between Russia and Ukraine, Russian investors have become the leading purchasers of condominiums in Phuket, Thailand, overtaking Chinese buyers from the top spot. “Last year, Russians became the leading purchasers of condominiums on the island, dislodging Chinese buyers from the top spot. According to Thailand’s Real Estate Information Centre, 40% of all condos in ...
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Pursat Province has 49 Mining Businesses & Over 1K Enterprises Operating
- 12 March 2023
Pursat province has 49 mining businesses, including sand dredging, red clay chalk, construction stone, and marble while more than 1,000 enterprises linked to the sector rare currently operating in the province, as reported by HE Khoy Rida, Pursat Provincial Governor, on 7 March 2023. Of the 1,162 companies and enterprises in the province, there are 292 private companies, 482 sole proprietorshi...
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Phnom Penh Records Over US$320m Tax Revenue in 2022, Property Tax Contributes Over US$26m
- 12 March 2023
The total tax revenue in Phnom Penh exceeded expectations, reaching over 1,298 trillion Riels, equivalent to more than US$320 million, or 115.46% of the plan, according to the 2022 annual report on the performance of the Phnom Penh Capital Administration. The report also revealed that property tax contributed significantly to the total revenue, with 108.83 billion Riels, equivalent to more tha...
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France Provides €500K Grant for Feasibility Study of Bak Kheng Water Supply Phase 3
- 12 March 2023
The French Ministry of Economy has granted around Euro 500,000 to the Phnom Penh Water Supply Authority for the feasibility study of the third phase of the Bak Kheng water supply project. This grant was confirmed during the signing ceremony of the cooperation agreement on 9 March with the participation of HE Long Naro, Director General of Municipal Water Supply Authority, the French Ambassado...
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PM Hun Sen: Cambodia Aims to Be the World’s Largest Cashew Nuts Exporter
- 11 March 2023
Cambodian Prime Minister Hun Sen has expressed his support for the domestic cashew production industry to drive Cambodia to become the world's largest producer of cashew nuts. During his speech at the 7th River Festival in Kampong Thom province, PM Hun Sen emphasised the potential of Cambodia's cashew products, stating that they are of good quality and can supply the domestic market as well a...
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US$231m Stung Pursat Hydropower Project to Operate in April 2026
- 11 March 2023
The Stung Pursat 1 hydropower project, which has a capacity of 80 MW and is being built by a Korean company at the cost of over US$231 million, is scheduled to become operational in April 2026. Pursat Provincial Governor HE Khoy Rida also announced plans to build two more projects, with the second possibly located above the first project and the third at the Pursat-Kong border, to serve the n...
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Phnom Penh Approves Over 1,000 Construction Projects Valued at US$600m in 2022
- 11 March 2023
According to the 2022 annual report on the performance of the Phnom Penh Capital Administration, more than 1,000 construction projects worth a total of US$600m were approved in Phnom Penh in 2022. The report stated that 1,139 construction projects were granted permits, covering a total area of 1,215,988 square metres. The number of approved projects increased by 8.47% compared to the previous ...
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Phnom Penh Municipal Authority Registers Over 10k Land Titles in 2022
- 11 March 2023
The Phnom Penh Municipal Authority has reported a significant increase in land title registration in 2022. According to the 2022 annual report on the performance of the Phnom Penh Capital Administration, the authorities registered 32,123 plots of land and distributed 16,511 title deeds. The report further revealed that the land registration process resulted in the issuance of 6,006 transferred...
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Kampong Chhnang’s New Multi-Purpose Port to Revolutionise Cambodia’s Waterway Logistics
- 11 March 2023
Cambodia's transport infrastructure took a major step forward with the construction of the new multi-purpose port and logistics centre in Kampong Chhnang province. With an investment ranging from US$300 million to US$500 million by KLP.T TRANSPORTATION Co., Ltd of Tycoon Try Pheap, the project set to revolutionise the country's waterway logistics. HE Sun Chanthol, Minister of Public Works and ...
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South Korea Loaned Almost US$2bn to Cambodia, US$1.6bn Signed
- 10 March 2023
South Korea has loaned Cambodia almost US$2 billion in concessional loans since 2001, according to discussions between Cambodian Deputy Prime Minister Aun Porn Moniroth and Kim Kyung Hee, Director General of the Ministry of Economy and Finance of South Korea, held on 9 March 2023. The loans have been used to support development projects in key priority areas, including transportation, educatio...
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Siem Reap Angkor International Airport Set to Replace Siem Reap International Airport in October
- 10 March 2023
Siem Reap International Airport will be closed in October 2023 when the Siem Reap Angkor International Airport opens, according to HE Sin Chansereyvutha, Under-Secretary of State and spokesperson for the State Secretariat of Civil Aviation. The new airport, currently under construction and almost 90% complete will be officially opened in October by Samdech Hun Sen, Prime Minister of Cambodia....
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