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ខ្មែរ 
World Bank Provides US$274m in Loans to Revive Cambodia’s Economy
- 22 December 2022
The World Bank (WB) has provided an additional US$274 million in loans to help the Cambodian economy recover from the recent crisis, according to a press release from the World Bank on 20 December. The loan is provided by the International Development Association (IDA), a World Bank fund to help poor countries, with an additional US$200 million in financing provided to Cambodia in 2021. Ac...
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Korea Hands Over National Logistics Information Portal to Cambodia
- 22 December 2022
The Government of the Republic of Korea on 20 December handed over the National Logistics Information Portal to Cambodia. The system was submitted to the Ministry of Public Works and Transport by Dr Kim Jong-hak, Senior Researcher of KRIHS Institute, Representative of the Ministry of Land, Infrastructure and Transport of the Republic of Korea, as a donor to the Cambodia Master Plan of Logistic...
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Cambodia’s Largest Power Plant Officially Goes Online
- 21 December 2022
A 700-megawatt coal-fired power plant in Sihanoukville has officially launched after a successful testing, according to a Chinese media report on 17 December. The plant is a joint venture between Cambodia International Investment and Development Group (CIIDG) and China Huadian Hong Kong Co Ltd (CHDHK) worth US$1.2 billion. (Read more) Located in Stung Hav district, Sihanoukville, the projec...
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ASEAN needs US$2 trillion for regional infrastructure connectivity
- 21 December 2022
The ASEAN Community needs at least US$2 trillion in investment from now until 2030 to connect infrastructure in the region. The statement was emphasized by Cambodian Prime Minister Samdech Hun Sen during the ASEAN-EU Anniversary Summit on 14 December. PM Hun Sen stressed that it is important to promote a strong synthesis between the Master Plan on ASEAN Connectivity 2025 and the EU-Asia Stra...
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S. Korea Mulls Building Waste-to-Energy Plant in Cambodia
- 20 December 2022
The Republic of Korea has sought support from Cambodia's Prime Minister Samdech Hun Sen on the plan to build a waste-to-energy power plant in Cambodia. The request was made by HE Park Heung Kyeong, Ambassador of the Republic of Korea to Cambodia, during a courtesy call on 19 December. The project is an investment by a private firm EcoChem, but the details of the project are yet to be revea...
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CMAC to Build World’s Largest Mine Museum in Siem Reap
- 20 December 2022
The Cambodian Mine Action Authority (CMAC) is preparing to build a peace museum on 12 hectares of land in Siem Reap under a grant from the Japanese government totalling nearly US$20 million. HE Heng Ratana, the Royal Government delegate in charge of the Director General of the Cambodian Mine Authority, told Construction & Property Magazine on 19 December, this project will be the world's l...
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Thailand, Korea Mulls Hydropower & Clean Energy Investment in Cambodia
- 19 December 2022
Thailand's largest company CP Group and Cambodia's Soma Group have considered investing in hydropower and clean energy projects in Cambodia, while the Republic of Korea's power sector developer also expressed interest in investment in Cambodia's power sector. According to Cambodian Prime Minister Samdech Hun Sen on 17 December, all investors expressed their intention to invest in this sector t...
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Japan Provides Fund to Conserve Bayon Temple
- 19 December 2022
The Government of Japan has provided a grant of US$520,847 for the conservation and restoration of the Bayon temple while providing a total of over US$28 million under the JASA project since 1994 for similar purposes. During the 29th Plenary Meeting of the ICC-Angkor, there were also two MoUs signed been Japan and the Apsara Authority. The first MoU is the provision of funds for the conser...
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Gov’t Approves 116 Non-SEZ Investment Projects & Over 3,000 Construction Projects in 10 Months
- 19 December 2022
During the first 10 months of 2022, the Cambodian government approved 116 non-special economic zone investment projects, an increase of 24 projects. During the same period, 3,407 construction projects were also approved, a decrease of 191 projects, according to a report on socio-economic trends of the Ministry of Economy and Finance issued on 13 December. According to the report, the Council f...
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300 trust transactions worth over US$426m recorded in Cambodia as of Dec 2022
- 19 December 2022
As of 16 December, 2022, 300 administrative transactions with an estimated capital of US$426 million have been registered at the Trust Regulator, according to an official meeting on 16 December. The number of registrations has increased significantly, from 17 cases to over 300 cases, reflecting the rapid growth of the Cambodian trust sector. The 2019 Trust Law is enforced to set out rules ...
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Chip Mong group breaks ground on new residential project & shopping mall
- 18 December 2022
Chip Mong Land and Chip Mong Retail this morning (18 December) jointly held a groundbreaking ceremony for the construction of the new residential project Chip Mong Parkland 50M III and the region’s largest shopping center Chip Mong 50M Mall. Located on Prey Sar Road or 50M road just 10 minutes from Stung Meanchey junction, both projects are the latest milestones of Chip Mong that will bring mor...
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45% of Cambodia’s Total Energy Needed in Construction Sector
- 17 December 2022
The United Nations Development Program (UNDP) has provided energy-saving recommendations for Cambodia, in particular for the construction sector, as this sector consumes at least 45% of the nation's total energy mix. Through strategies and regulations, UNDP has thus far supported Cambodia with the development of energy efficiency codes, a roadmap to low-carbon, and resilient policies for the c...
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