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ខ្មែរ 
SSEZ Import & Export Value in H1 at US$1.4 billion, Up 28% Y-o-Y
- 3 August 2022
During the first half of 2022, the export and import value at the Sihanoukville Special Economic Zone (SSEZ) was recorded at US$1.4 billion, an increase of 38% compared to the same period last year. According to SSEZ President Chen Jiangang, his firm is currently expanding e-commerce activities and Silk Road development to attract more technology-related enterprises from China to Cambodia. S...
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Cambodia-Vietnam Trade Volume Exceeds US$10 billion
- 2 August 2022
Cambodia has been receiving a large number of Vietnamese investors with trade volume reaching US$10 billion to date, a significant FDI in Cambodia. According to a meeting between PM Samdech Hun Sen and President of the Vietnam Friendship Association Nguyen Thi Thanh on 02 August, trade cooperation between the two countries covers various sectors, especially energy. HE Nguyen Thi Thanh also c...
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Government Signs US$760 million in New Grants & Concessional Loans in H2 2022
- 2 August 2022
The Royal Government of Cambodia has signed new grants and concessional loans totalling approximately US$762 million while financing under the framework for infrastructure development projects and other priority projects totals approximately US$524 million. The new agreements, signed in the first half of 2022, are for the implementation of 18 projects or development programs, according to the r...
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62% of AmCham Survey Say Buying Real Estate in Cambodia a Good Investment
- 2 August 2022
Over 62% of respondents of the recent Real Estate & Construction Survey conducted by AmCham Cambodia have said that buying property in Cambodia now is a good investment as the market has started to see an increase in international investors. According to the Khmer Times, the survey was drawn from 517 respondents in different segments of the population including ministries and the government...
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Will Cambodian real estate sector follow China’s path in the next 10 years?
- 2 August 2022
Not only Evergrande, under the Three Red Lines policy, many other Chinese overindebted developers such as Shimao and Sunac have also missed debt repayment deadlines. Some foreign analysts claimed that the underlying causes of this crisis are the incontrollable overheated market which led to overindebtedness, overreliance on construction as a failsafe to economic downturns and contribution of GD...
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Construction of Ring Road 3 Over 76% Complete as of July
- 1 August 2022
Construction of Ring Road 3 around Phnom Penh was 76.87% complete by 25 July 2022, with the completion date delayed to September 2023. The update was provided by Heang Sotheayuth, a spokesman for the Minister of Public Works and Transport on 01 August. With ground broken in January 2019, Ring Road 3 has a total length of 105.9km and is costing approximately US$273 million, which is a loan fr...
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US$1.5bn Kampot Port Listed as Largest Port Project Initiated Globally in Q2 2022
- 1 August 2022
The newly announced US$1.5 billion international port in Kampot province has become the largest port project initiated globally in Q2 2022, according to GlobalData. In 2022, there are five giant port projects, of which the Cambodian port ranks first. The 5 port projects are as: Kampot Logistics & Multipurpose Port– US$ 1.5 billion With a total investment of US$1.5 billion, the port is...
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Cambodia Imports US$1.27 billion in Construction Materials in H1 2022
- 1 August 2022
Imports of raw materials and construction materials to Cambodia were valued at US$1.27 billion in the first half of 2022, an increase of about 10% over the same period last year. A National Bank of Cambodia report showed that the import of construction materials ranks third after the import of raw materials for garments and fuel. NBC said in a report that the favourable domestic factors of t...
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India Provides Loan of Over US$35 Million to Develop Stueng Svahab Reservoir in Kampong Speu
- 1 August 2022
The Republic of India has provided approximately US$36.92 million in loans for the implementation of the five-year Stueng Svahap Water Resources in Kampong Speu, according to a Kick-off Meeting on 30 June 2022. The meeting reviewed and discussed the five-year WAPCOS-PMC project management action plan, including: Preparation of a DPR detailed study report. Engineering procurement arrange...
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Credit to Construction & Real Estate Sector Rises to US$14bn as of H1 2022: NBC
- 1 August 2022
As of June 2022, total loans provided to the private sector reached over US$51.5 billion, a growth of 23.4% year on year. Among all sectors, loans provided to construction and real estate represented 32%, or approximately US$14 billion. According to the National Bank of Cambodia (NBC)’s report published on 25 July, for banking institutions, personal home loans accounted for 13.7% of the total, ...
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Tbong Khmum Customs & Excise Office Officially Inaugurated
- 30 July 2022
The administrative building, residential building, and infrastructure at the Customs and Excise Offices in Tbong Khmum province were officially inaugurated on 28 July 2022. The ceremony was presided over by HE Aun Porn Moniroth, Deputy Prime Minister, Minister of Economy and Finance, accompanied by HE Cheam Chansophoan, Governor of Tbong Khmum province. That Customs and Excise Office is loca...
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Evergrande’s Headquarter on Tender to Settle Its Crippling Debt
- 29 July 2022
The China Evergrande Group is calling for buyers to buy its US$1.7 billion Hong Kong headquarters, according to Nikkei Asia on 28 July 2022. CK Asset Holdings, founded by Hong Kong billionaire Li Ka-shing, has made a tender on China Evergrande Centre for US$1.7 billion, of which the price once has been on sale last year. CK Asset over worries that Evergrande's unresolved debt could complicate ...
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