British Companies Eye Cambodia for Construction Business

Many British companies are looking for opportunities to do business in the Cambodian construction sector, according to British diplomats.

According to a Ministry of Commerce Facebook post on 2 October, 2018, UK Trade envoy H.E Edward Vaizey and British Ambassador to Cambodia H.E Tina Redshaw said that “currently there are many British construction companies looking for opportunities to enter into Cambodia’s market in order to bring modern technology and new architectural skills to develop the construction sector which is now booming”.

The statement was made during a meeting between Cambodian Commerce Minister H.E Pan Sorasak and British delegates on 1 October, 2018, regarding Cambodia’s proposal to the UK for more scholarships for Cambodian students especially in the field of science, technology, engineering, and mathematics, or STEM.

According to figures on the British Chamber of Commerce in Cambodia (BritCham) website, the organisation currently has 78 companies as members covering a wide range of businesses including construction, real estate, construction and design.

 

- Video Advertisement -

Related Post

Techo International Airport Crowned as World’s Leading Architectural Marvel for 2025

In a remarkable accolade for Cambodia, Techo International Airport has been named one of the 11 most spectacular architectural creations in the world by CNN, marking a significant achievement for the nation as it forges ahead into the future of aviation. This prestigious recognition was announced on January 1, 2025, positioning the airport at the […]

PENINSULA BAY INVESTMENT CO., LTD Announces Ambitious USD 1 Billion Expansion in Sihanoukville

In a bold move to transform Sihanoukville’s landscape, PENINSULA BAY INVESTMENT CO., LTD has unveiled plans to invest an additional USD 1 billion to develop new hotels, shopping malls, and entertainment venues. This announcement was made during a recent project update, revealing the company’s commitment to enhancing the vibrant coastal province of Preah Sihanouk. Project […]

In 2024, Cambodia receives more than 400 investment projects worth USD 6.9 billion

Cambodia has achieved a remarkable milestone in 2024, with the Council for the Development of Cambodia (CDC) approving 414 investment projects worth a total of USD 6.9 billion. This marks a 54% increase in the number of projects compared to 268 in 2023 and a 40% rise in investment capital from USD 4.927 billion in […]

SHV Multi-Purpose Economic Zone Targets USD 20 Billion Investment to Transform the Province

Sihanoukville’s ambitious multi-purpose economic zone development project is set to attract over USD 20 billion in investments from private sector investors and international development partners over the next 15 years. This transformative initiative, championed by the Cambodian government, aims to revitalise the province’s economy, elevate local incomes, and establish Sihanoukville as a leading logistics hub […]

Darasakor International Airport Opens, Ushering in a New Era for Koh Kong Province

Koh Kong Province celebrated a landmark achievement with the inauguration a $200 million Darasakor International Airport on 26 December 202. This state-of-the-art facility invested by the Chinese company Union Development Group spanning 218 hectares in the Botum Sakor district, is poised to transform the region’s connectivity and catalyse economic and tourism growth. The airport’s grand […]

Nearly 19 Hectares of Landfill Inaugurated in Kampong Cham City

A state-of-the-art landfill spanning 18.67 hectares in Koh Roka Village, Koh Roka Commune, Kampong Siem District, Kampong Cham Province, was officially inaugurated on 24 December 2024. This modern garbage disposal site, constructed as part of the Greater Mekong Subregion Corridor Development Project, Phase 4, was funded by a concessional loan from the Asian Development Bank […]