Prime Minister Hun Sen Announces Project to Open New Cambodia-Vietnam border gate in Tbong Khmum Province
Samdech Techo Hun Sen, Prime Minister of Cambodia has announced a project to open a new Cambodia-Vietnam border gate at Koh Thmor area in Tbong Khmum province to facilitate travel and trade between Cambodia and Vietnam. He made the remark on the 45th Remembrance Day of "Journey to Overthrow the Pol Pot Genocidal Regime" in Koh Thmar village, Tonloung commune, Memut district, Thbong Khmum provin...
Read MoreFour New Auto Brands to Set Up Assembly Plants in Cambodia
In addition to Ford, four new auto brands are set to open auto assembly plants in Cambodia located in Cam MJ Industrial Park on National Road 3 in Angkor village, Ang Por Peul commune, Kong Pisey district, Kampong Speu province, with an investment of about 15.6 million US dollars, according to the release of the Council for the Development of Cambodia (CDC) on 17 June 2022. The four auto brands...
Read MoreCDC Approves Six New Major Investment Projects Worth Almost US$80 million
The Council for the Development of Cambodia (CDC) has approved a private investment of US$79.9 million to set up six factories in Phnom Penh, Kampong Speu, Kampong Chhnang and Kandal provinces: BAOSTEEL CAN MAKING (CAMBODIA) CO., LTD will establish a canning factory in Kraing Leav village, Sambo commune, Samrong Tong district, Kampong Speu province with an investment capital of approximately ...
Read MoreWastewater Treatment Plant in Siem Reap City Nearly 20% Completed
The construction of a wastewater treatment plant in Siem Reap has reached almost 20% completion according to an inspection of the progress of the project on 15 June 2022. Mr Chao Sopheak, Deputy Director-General of the General Department of Wastewater Treatment System and Project Director, said that the inspection was to evaluate the work of the company in its construction to improve the wastew...
Read MoreMinistry of Public Works, Thailand’s SEAC Company Discuss Possibility of Establishing Cooperation
The Ministry of Public Works and Transport and SEAC Thailand have discussed the possibility of establishing a partnership with the Techo Sen Institute of Public Works and Transport for human resource training. The discussion was held on 15 June between HE Sun Chanthol, Senior Minister, Minister of Public Works and Transport and Bangkok-based SEAC Company with the participation of HE Hoeun Samne...
Read MoreCambodia’s Economy Projected to Grow by 6.6% in 2023
The Cambodian economy is predicted to achieve a growth rate of around 6.6% due to the expected continuation of the positive trend of global demand and investment confidence, while the COVID-19 crisis in the country is under control. The government set the forecast for Cambodia's economic growth in 2023 in the draft law on financial management for 2023, signed by Samdech Techo Hun Sen, Prime Min...
Read MoreGDT Starts Listing & Updating Real Estate Information in Svay Rieng Province
The General Department of Taxation will start the work of listing and updating real estate information in Svay Rieng province aimed to collect real estate data for the benefit of tax revenue collection. The GDT in cooperation with the Svay Rieng Provincial Administration, organized a meeting on the preparation for listing and updating of real estate information on June 17, with the participatio...
Read MoreConstruction & Real Estate Sectors Expected to Continue Growth in 2023
The construction and real estate sectors are expected to continue to recover in 2023 due to the influx of foreign investment and the demand for low- and medium-cost housing. In the draft law on financial management for 2023, signed by Samdech Techo Hun Sen, Cambodian Prime Minister of Cambodia on 08 June, the government stated that the construction sector is predicted to continue to recover by ...
Read MoreMPWT Raise Awareness on Sewage System to People in Siem Reap
The Ministry of Public Works and Transport (MPWT) has announced a book to raise public awareness on the sewer system, treatment system and wastewater service at the sub-national level, with the participation of 60 participants in Siem Reap at a workshop on 17 June 2022 in cooperation with UN-Habitat. This dissemination workshop aimed to raise awareness about the importance and the need of a sew...
Read MoreSearch for the kingdom’s finest real estate continues with the 7th PropertyGuru Cambodia Property Awards
HIGHLY ANTICIPATED INDUSTRY EVENT OF THE KHMER REAL ESTATE CALENDAR TO BE HELD AT RENOWNED SOFITEL PHNOM PENH PHOKEETRA Locals are driving the Cambodian property market as it adjusts to domestic tastes and demand, expert analysts say Exclusive black-tie gala dinner to be held on 26 August 2022 at the Sofitel Phnom Penh Phokeethra and streamed live via AsiaPropertyAwards.com and partner cha...
Read MoreConstruction Businesses Registering on Single Portal Worth US$1 billion in Investment Value
The Online Business Registration platform registered a total of 14,676 business applications, with a total investment of US$4,670 million in the capital in the two-year period since its launch. According to a press release from the Ministry of Economy and Finance, business applications in the construction sector accounted for 21.6% or about US$1 billion of the investment value of total register...
Read MoreMotor Cambodia Assembly Plant Worth Over US$20 million Officially Inaugurated
The Motor Cambodia Assembly Plant worth more than US$20 million in Pursat province was officially inaugurated on 16 June 2022 by His Excellency Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army. Speaking at the event, HE Hun Manet expressed his great pride in the people of Pursat, especially the people of Krakor district because the US giant car manufactu...
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