Mines Ministry Questions KrisEnergy Over Missing Oil Case
The Ministry of Mines and Energy has been in talks with KrisEnergy over 300,000 barrels of missing oil after the company announced bankruptcy. The ministry’s Director General of Petroleum HE Cheap Sour said on Tuesday that the ministry is questioning KrisEnergy over the case, but has yet to reach any conclusion. According to Samdech Hun […]
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Construction of 700MW Coal Power Plant in SHV 40% Complete
The construction of the 700 MW coal-fired power plant in Sihanoukville is now 40% complete and is expected to go online by 2023, according to a senior official at the Ministry of Mines and Energy. Director-General of Energy HE Victor Jona said that the construction process has been on schedule despite disruptions that have occurred […]
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Two Factories Worth Over US$8 million Approved for Kampong Speu & Kandal
The Council for the Development of Cambodia (CDC) approved two investment projects on Monday 2 August worth US$8.5 million for Kampong Speu and Kandal provinces. The first investment permit has been granted to Sen Wang Ying New Material Co., Ltd to invest US$4.1 million to build a shoe accessories factory in Samraong Tong district, Kampong […]
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Cambodia Lowers Growth Forecast to 2.5% for 2021; Property Sector Remains Uncertain
Cambodian Prime Minister Samdech Hun Sen has lowered the kingdom’s forecasted economic growth from 4% to only 2.5% this year, due to the severe impact of the COVID-19 pandemic. Samdech Hun Sen explained that this growth will be mainly supported by the agricultural sector as the export of agricultural products has increased more than expected. […]
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PP City Hall Unveils Plan to Build Three More Wastewater Treatment Plants by 2035
The Phnom Penh Municipality in cooperation with JICA has unveiled plans to build three more wastewater treatment plants from 2026 to 2035, following the ground-breaking on the Beoung Choeung Ek plant in May. According to the Sustainable City Development Plan for Phnom Penh (2018-2035), Boeung Trabek, Boeng Tumpun and Boeung Ta Mok have been selected […]
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Cambodia urges Russian companies to invest in oil sector
Mines Ministry has urged Russian companies to invest in many potential sectors in Cambodia, especially the development of oil and electricity. HE Sok Khavan, Secretary of State of the Ministry of Mines and Energy, made this request during the 1st Online Business Mission of Russian Companies to the Kingdom of Cambodia meeting last week. During […]
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MoE to Strengthen Waste Management Nationwide; 50 Incinerators Built in 49 Districts
The Ministry of Environment (MoE) has thus far built over 50 incinerators in 21 provinces or 49 districts, to strengthen the nationwide waste management system more effectively. The ministry is also committed to further tightening and enhancing the capacity of sub-national administrations, by encouraging officials to work in accordance with the ministry’s technical and waste […]
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Gov’t Mulls Cutting Public Infrastructure Spending Amid Ongoing Pandemic
The Cambodian government is considering reducing public investment spending, which also includes expenses on public infrastructure, to prepare the budget to fight against the COVID-19 pandemic. Speaking at the launch ceremony on the vaccination campaign to people aged 12 -17 years old on Sunday 01 August, Prime Minister Samdech Hun Sen said the government is […]
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PM: Expenses on COVID-19 Now Equal to Constructing 10 Mekong River Bridges
The Cambodian government has revealed that expenditures in the fight against the COVID-19 pandemic have reached millions of dollars or equivalent to the cost of construction of 10 Mekong River bridges. Prime Minister Samdech Hun Sen said on Sunday that what Cambodia has spent so far is already over the cost of the construction of […]
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PM Announces Collapse of First Oil Drilling Industry
Cambodia Prime Minister Samdech Hun Sen on Sunday announced the collapse of Cambodia’s first crude oil extraction operated by KrisEnergy. The announcement comes after the company announced its liquidation in June due to the debt crisis. (Read more) Speaking at the opening ceremony of the COVID-19 vaccination campaign for 12- to 17-year-olds, PM Hun Sen […]
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PM: Cambodia Extracts 137kg of Gold on Average per Month
Prime Minister Samdech Hun Sen said on Sunday that Cambodia can extract on average approximately 137kg of gold per month. The announcement comes after an Australian company launched a commercial gold mine operation in Mondulkiri province in June. Speaking at the opening ceremony of the vaccination campaign for teenagers aged 12 to 17 years, PM […]
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Prince, Pointer Join Hands Raising Prek Pnov Market Potential with 270-hectare Residential Project
Renowned real estate developer Prince Huan Yu and Cambodia’s leading consultant agency Pointer Property have joined hands to raise the market potential of Prek Phnov district with an innovative new residential project Samraong Village which focuses on community living and green space. Located along NR5 north of Phnom Penh, ground was broken on Samraong Village […]
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