Three Cambodian Cities Win ASEAN Clean Tourism City Award 2022-2024
Battambang, Siem Reap, and Sihanoukville have been awarded as ASEAN Clean Tourist City 2022-2024 among other 18 cities in the region. According to the announcement of the National Committee for Clean City Assessment, the result will be officially announced at the ASEAN Tourism Forum in Sihanoukville city on 18 January 2022. The award aims at […]
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Ten Investment Projects Worth US$1.8 billion Approved for PP & Seven Other Provinces
The Council for the Development of Cambodia (CDC) has given permits to ten private firms to invest a total of US$1.89 billion setting up garment & production factories, power plants, hydropower dam, and a logistics centre in various provinces across the kingdom. According to the CDC announcement on Monday 17 January, the firms include: 1. […]
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New Five-Star Hotel Worth US$128 million Approved for Boeng Keng Kang District
The Council for the Development of Cambodia (CDC) has given a permit to K.B.X Investment Co., Ltd to invest US$128 million in building a new five-star in the centre of Phnom Penh city. According to the CDC announcement on Monday 17 January, the hotel will be located along Monivong Blvd, in Sangkat Boeung Keng Kang […]
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Gov’t Approves US$1.3-billion Multipurpose Port & Logistic Centre for Kampot Province
The Council for the Development of Cambodia (CDC) has given a permit to Kampot Logistics & Port Company Limited to invest US$1.3 billion in establishing a multipurpose port & logistic centre in Kampot province. According to the CDC’s announcement on Monday 17 January, the project will be located in Changhon village, Sangkat Prek Tnaot, Bokor […]
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Japan to Help Improve SHV Deep-Sea Port Management & Operation System
The project to improve the management and operation system at the Sihanoukville deep-sea port phase 3 is set to begin in May, as Cambodia and Japan have just signed a Record of Discussions to officially launch the cooperation. The signing ceremony was held on January 17 in the presence of Sihanoukville Autonomous Port (PAS) CEO […]
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Pursat’s Krakor District to Host Kingdom’s Largest Solar Farm Cluster & Emerging SEZ
A private company firm will invest in building an additional 150MW solar power plant on top of the existing 90MW plant in Sna Ansa commune, Krakor district, Pursat province. The expansion project will make Krakor district host a cluster of solar plants with over 240MW power, the largest in the Kingdom. Director-General of Electricite du […]
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New Stadium in Pursat Province Inaugurated
The new stadium in Pursat Province’s Phnom Kravanh district was officially inaugurated by Pursat Governor HE Chiao Tay and Secretary of State of the Ministry of Mines and Energy HE Tin Norin on Saturday 15 January. Construction on the new stadium began in 2018 and was completed in 2021 with a national budget of over […]
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Koh Kong Authority Confiscates 102ha of Illegally Encroached Land
The Koh Kong Provincial Administration has confiscated 102 hectares of land in Tuol Kokir Kraom village, Tuol Korkir commune, Mondol Seima district from illegal encroachers and converted it back to state private land. According to the decision No. 005/22 dated 14 January 2022, the authority also nullified all titles deeds, or any ownership documents related […]
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International Business Chamber to Help Digitise Public Works & Transport Sector
The International Business Chamber of Cambodia (IBC) will support the Ministry of Public Works and Transport (MPWT) in digitising the public works and transport sector through the Telegram Bot. The meeting between the two parties was held on 14 January and joined by the Director of the Department of Information Technology and Public Relations Heang […]
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Two Investment Projects Worth US$22 Million for Sihanoukville & Takeo
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest over US$22 million, setting up two factories in Sihanoukville and Takeo. According to the CDC’s announcement on 14 January, the two firms include: YH FINE MATERIALS CO., LTD to establish a micro silica & silica powder factory in Prek […]
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Alpha Commercial Bank Invests US$10m in New PP Airport Bonds
Alpha Commercial Bank PLC has invested US$10 million in the guaranteed bonds of Cambodia Airport Investment Co., Ltd. (CAIC) to support the development of the Techo International Airport in Kandal province. The agreement was signed was held on Friday 14 January by CAIC Director Charles Vann and Alpha Commercial Bank PLC Chairman Oknha Ly Kunthai […]
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US$230-million 45-storey Chip Mong Tower Building Topped Off
Chip Mong Group held a topping-off ceremony on Friday 14 January for the 45-storey Chip Mong Tower, an international mixed-use commercial building with an investment of US$230 million, located along Russian Blvd in Phnom Penh city. Neak Oknha Leang Khun, Co-Founder and Chairman of Chip Mong Group, said that the completion of the structure to […]
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