MPWT Institute Partners with CLA to Strengthen Cambodia Logistics & Transport Sector
The Techo Sen Institute of Public Works and Transport (MPWT Institute) and the Cambodian Logistics Association (CLA) have inked a partnership deal to strengthen the quality of students and solve the shortage of technical experts in Cambodia. The Memorandum of Understanding was signed between the two parties on Thursday 23 September 2021. Under this cooperation, […]
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Pan Pacific Hotels Group to Open Branches in Phnom Penh & Siem Reap in 2023
Singapore-headquartered Pan Pacific Hotels Group will enter the Cambodia market in 2023, with one hotel scheduled to open in Phnom Penh and another in Siem Reap city. According to the group press release on 22 September, the group will open Pan Pacific for Phnom Penh, and PARKROYAL for Siem Reap. The 212-room Pan Pacific Phnom […]
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ADB Lowers 2021 Cambodia Growth Forecast to 1.9%, Jumping Back to 5.5% in 2022
The Asian Development Bank (ADB) has lowered the 2021 Cambodia economic growth forecast from 4% to 1.9% but expects to see a 5.5% to the growth rate in 2022. According to the Asian Development Outlook Update (ADOU) 2021 report, the main factors causing the lower growth rate are the prolonged pandemic, closures and temporary shutdowns […]
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New Public Beach Resort Development Proposed for Kampot Province
The Kampot Provincial Administration has given an initial green light to the proposal of developing a new beach resort along the Kampong Bay River but ordered the investment firm to submit a full report for approval before reaching the investment agreement signing stage. Kampot Governor HE Cheav Tay expressed his support for the project after […]
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Chinese Investors Mull Establishing Public bus service in Sihanoukville
Chinese investors have requested approval from the government to invest in establishing a public bus network and service in Sihanoukville. This request was made during a meeting between Sihanoukville Governor HE Kouch Chamroeun and Chinese investors on Wednesday 22 September. According to the Chinese investors, for the first phase, there will be 30 buses, which […]
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PPAP Mulls Establishing New SEZ Adjacent to Phnom Penh Port
Phnom Penh Autonomous Port (PPAP) has unveiled a plan to establish a special economic zone (SEZ) next to the current port location. The project was announced as the number of container traffic passing through the port has increased significantly. Director General of Phnom Penh Autonomous Port HE Hey Bavy mentioned the plan in the opening […]
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Tboung Khmum Authority Issues New Regulations Strengthening Land Use & Construction
The Tbong Khmum Provincial Administration has issued four new regulations to strengthen control over all construction works, landfilling activities, and especially the divided land plot businesses within the province. According to the announcement dated 22 September 2021, the new regulations were issued after the administration found that some people were using land and building constructions […]
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Dara Sakor International Airport to Begin Operation by Late 2021
Construction of Dara Sakor International Airport in Koh Kong province is set for completion by next month, while the test operation is scheduled for 30 December this year. Representatives of the Dara Sakor International Airport construction firm confirmed the two dates during the meeting with the State Secretariat of Civil Aviation (SSCA) on Tuesday 21 […]
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United States Eyes Investment Opportunities in Pursat Province
The US Ambassador to Cambodia has expressed interest in investment opportunities in Pursat province after this province recently received the major investment project of a Ford motor assembly plant worth over US$21 million. Ambassador Patrick Murphy said during his official visit to Pursat province on 21 September that he is very proud of Pursat province […]
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Gov’t Requests Chinese Firm to Build New Water Supply Network from SR City to New Airport
The Ministry of Industry, Science, Technology and Innovation (MISTI) has requested the Siem Reap International Airport construction firm AIAI to invest approximately US$13 million to build a clean water supply connecting downtown Siem Reap to the new airport in Sot Nikum district. The request was raised by MISTI Minister HE Cham Prasidh during the meeting […]
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JICA to help enhance traffic management in Phnom Penh
The Japanese International Cooperation Agency (JICA) has agreed to provide full support in developing a new traffic management system in Phnom Penh, aiming to ease congestion and improve traffic safety. The agreement to implement this project was signed on 20 September by Phnom Penh Governor HE Khuong Sreng and Chief Representative of JICA Cambodia Office […]
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Three Investment Projects Worth Over US$15 million Approved for Sihanoukville
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$15.1 million in building three news factories in Sihanoukville. The first investment permit has been granted to Mountain Forest Product Co., Ltd to invest US$2 million to build a factory producing plywood, furniture, furniture components, decorative materials from […]
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