English 
ខ្មែរ 
Construction of Koh Tonsay, Landfill and Coastal Road in Kep Province 62% Complete
- 6 August 2022
Construction of Koh Tonsay tourism port, landfill, and coastal road in Kep Province has been 62% complete, according to the meeting on 4 August 2022. Deputy Technical Advisor of the Asian Development Bank (ADB), Mr. Horm Nimol, said that sub-project of the landfill, coastal road, and Koh Tonsay tourism port have been 98.8%, 10.4%, and 8.5% complete respectively. He added that the coastal roa...
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What are Chinese developers’ plans for unfinished construction in SHV?
- 6 August 2022
After the Cambodian government shut down online gaming in Sihanoukville, combined with the arrival of the COVID-19 pandemic in 2020, Sihanoukville's economy plummeted while the overheated real estate market in the province finally burst. After Chinese investors left Cambodia, a total of 1,155 construction projects were left unfinished with the rental price of real estate in the province also dr...
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19 of 36 Islands in Sihanoukville Under Private Development
- 6 August 2022
19 of 36 islands in Sihanoukville are under development by over 23 private companies, according to the latest official record published on 03 August. 4 out of 5 islands in Sihanouk city are being developed by four companies, while nine islands of 19 islands in Koh Rong city are being invested in by seven companies. In the meantime, six of seven islands in Prey Nob district are being develope...
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Loan Agreement Detail for SHV Port Expansion Phase 1 Signed
- 5 August 2022
Top officials of the Cambodian and Japanese governments have officially signed the exchange of notes and detailed documents regarding the loan agreement for the Sihanoukville port expansion phase 1. The documents were signed by MFAIC Minister HE Prak Sokhon and Japan’s Minister of Foreign Affairs HAYASHI Yoshimasa on 06 August. The concessional loan value that appeared in the press release w...
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Renaissance Refines Over 3,500 kg of Gold as of June 2022
- 5 August 2022
As of June 2022, Renaissance Mineral (Cambodia) had refined a total of 3,543 kg of gold ore from its licensed mining zone in Mondulkiri province, according to Ministry of Economy and Finance Spokesman HE Meas Sok Sen San on 05 August. Under this operation, Cambodia expects to produce 3 tons of gold per year for the first 8 years, with the aim to increase production afterwards. The gold prod...
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Government bond issuance is expected in August or September this year
- 5 August 2022
The government is preparing to issue 1.2 trillion Riel (equivalent to US$300 million) government bonds in 2022 to raise capital from the stock market to develop the national economy. HE Meas Soksensan, Secretary-General, and spokesman for the Ministry of Economy and Finance stated that the government may issue the bond in August or September, while the ministry is currently finalizing procedure...
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Royal Group Phnom Penh SEZ Export Value Reaches Almost US$500 million
- 5 August 2022
As of July 2022, the Royal Group Phnom Penh SEZ’s export value reached US$492.7 million, up 26% compared to the same period last year, according to the firm’s report on 04 August. To date, the SEZ covers a total area of 357 hectares with 102 investors and over 39,000 employees, which is an increase of 42.9% compared to the total employees last year. “The increase in investment value is due t...
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Five Investment Projects Worth US$26 million Approved for K. Speu, SHV, & Phnom Penh
- 5 August 2022
The Council for the Development of Cambodia (CDC) has given permission to private firms to invest US$26.23 million in building five factories in Kampong Speu, Sihanoukville, and Phnom Penh. The first firm is Fukki Apparel and Laundry Technology Co., Ltd, which will invest US$5.4 million to establish a garment and laundry factory in Sangkat Prek Leap in Phnom Penh. The second is The Inheritan...
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Agriculture Ministry: Phnom Tamao Development Safe to Wildlife & Not for Private Benefit
- 5 August 2022
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has rejected all accusations over the Phnom Tamao land development, clarifying that the development is outside the wildlife sanctuary zone, and does not cause negative impacts on the environment, and most importantly is not a private business transaction. According to the announcement on 04 August, the purpose of the development is to m...
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PM Hun Sen: No More Internet Service Provider Monopoly in Boreys
- 4 August 2022
Cambodian Prime Minister Samdech Hun Sen has ordered to put an end to internet service provider monology in Boreys and revoke all the previous exclusive signed by related parties. The statement of PM Hun Sen was repeated by Minister of Posts and Telecommunications HE Chea Vandeth in a press conference on 4 August. “Deal to allow only one exclusive internet service provider in Boreys must be ...
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China Hands Over Intermodal Transport Master Plan to Cambodia
- 4 August 2022
The study report on the “Intermodal Transport Master Plan for Cambodia”, which was supported by China, has been handed to Cambodia as a basis for the Comprehensive Master Plan on the Cambodian Intermodal Transport 2022-2030. Held on 03 August, the handover ceremony was presided over by members of the Supreme National Economic Council HE Ros Seilava, representatives of the Chinese company, offic...
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Gov’t Collects US$1.3bn in Tariffs in H1 2022, Construction Materials Account For US$80m
- 4 August 2022
During the first six months of 2022, the Customs and Excise Department of Cambodia collected total import tax of approximately US$1.3 billion, an increase of 12% y-o-y. Among all, tariffs, those on construction materials and other fees accounted for approximately US$79.2 million, or equivalent to 6.1% of total tariff revenue. The figures were shared during a work progress meeting of Customs ...
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