Local News
Siem Reap – Battambang Road Set for Construction in 2024
The 72-kilometre road connecting Siem Reap to Battambang is set to for construction in 2024, confirmed Pruonh Rith, Director of the Department of Public Works and Transport, recently Battambang Governor HE Sok Lou said that the project will shorten the journey between the two provinces to only about an hour, which will help boost the tourism […]
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Over 1,000km of Road Built in Kratie in Past 5 Years; 400km Require Maintenance
Kratie province has a total of 1,190.42km of physical infrastructure, while 31 rural roads with a length of 480.90km are regularly maintained, according to a press conference on 31 January. Of all the under-maintenance infrastructure, 399.11km are AC roads, 3.11km are concrete roads and 788.20 km are gravel roads. There are also 138 bridges with […]
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61 Mining Companies Operating in Kratie as of 2022
Kratie province currently has 61 mining companies in operation with 65 licenses, according to Kratie Governor HE Vathorn during a press conference on 31 January. Those companies include five metal mining research companies, one gold mining business, 25 granite mining companies, eight gravel, sand, & stone mining factories, and 22 land excavation firms. The gold […]
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Gov’t to Build Three New Roads in Kratie Before Khmer New Year 2023
Three major infrastructure projects were set to begin construction before Khmer New Year, while plenty more are coming during the course of 2023, confirmed Kratie Governor HE Va thorn on 31 January. The three road infrastructure projects include a 31.25km of NR7 section from the Kratie roundabout to Svay Chres commune, 35.5 km of PR377 […]
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Detail Study on New Waterway Connecting Tonle Bassac to Kep Set for Completion
The Ministry of Public Works and Transport (MPWT) will release a detailed study of the new waterway connecting Tonle Bassac to Kep very shortly, confirmed MPWT Minister HE Sun Chanthol on 30 January. According to the study, the project will have three gates including a gate from the Mekong River to the Bassac River, a […]
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Cambodia Imports Construction Materials Worth US$1.3bn in 2022
Cambodia imported construction materials valued at over US$1.3 billion in 2022, according to an official report published recently. Imports of steel was valued at US$447 million, while cement was at US$25 million. The report added that Cambodia imported major goods worth a total of US$29.943 million, an increase of 4% compared to 2021. (Read more) In […]
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Cambodia-International Trade Valued at Over US$52bn in 2022
Cambodia-international trade volume reached approximately US$52.42 billion as of 2022, an 9.1% y-o-y increase, according to Minister of Commerce HE Pan Sorasak on 30 January. Cambodia’s export volume was at US$22.48 billion, a 6% y-o-y increase while import volume was at US$29.94 billion, also an increase of 4%. Meanwhile, the import value of construction materials, […]
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Ministry of Commerce Registers Over 10,000 New Businesses in 2022
10,701 new businesses were registered at the Ministry of Commerce in 2022, up 40% from 2021, according to a report from the ministry released on Monday 30 January. There were 888 companies removed from the business list last year, an increase of 34% compared to 643 companies in 2021, read the report. There were more […]
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CDC Approves Three Investment Projects Worth US$18m in Kandal & Takeo Provinces
The Council for the Development of Cambodia (CDC) has given permits for three private firms to invest a total of US$18 million to establish three factories in Takeo and Kandal provinces. “NEW TARGET FOOTWEAR (CAMBODIA) CO., LTD” will invest US$7.5 million to establish a shoe factory in Tipat village, Cheang Tong commune, Tram Kak district, […]
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KOTRA Pledges to Attract More Korean Investors to Cambodia
The Korea Trade and Investment Agency (KOTRA) has promised to attract more Korean investors to Cambodia, as more than 200 companies are currently investing in Cambodia, according to a discussion between Minister of Commerce HE Pan Sorasak and KOTRA on 27January 2023. During the meeting, the minister confirmed with the Korean side that the entry […]
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