Local News
Cambodia’s Largest Power Plant Officially Goes Online
A 700-megawatt coal-fired power plant in Sihanoukville has officially launched after a successful testing, according to a Chinese media report on 17 December. The plant is a joint venture between Cambodia International Investment and Development Group (CIIDG) and China Huadian Hong Kong Co Ltd (CHDHK) worth US$1.2 billion. (Read more) Located in Stung Hav district, […]
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ASEAN needs US$2 trillion for regional infrastructure connectivity
The ASEAN Community needs at least US$2 trillion in investment from now until 2030 to connect infrastructure in the region. The statement was emphasized by Cambodian Prime Minister Samdech Hun Sen during the ASEAN-EU Anniversary Summit on 14 December. PM Hun Sen stressed that it is important to promote a strong synthesis between the Master […]
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S. Korea Mulls Building Waste-to-Energy Plant in Cambodia
The Republic of Korea has sought support from Cambodia’s Prime Minister Samdech Hun Sen on the plan to build a waste-to-energy power plant in Cambodia. The request was made by HE Park Heung Kyeong, Ambassador of the Republic of Korea to Cambodia, during a courtesy call on 19 December. The project is an investment by […]
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CMAC to Build World’s Largest Mine Museum in Siem Reap
The Cambodian Mine Action Authority (CMAC) is preparing to build a peace museum on 12 hectares of land in Siem Reap under a grant from the Japanese government totalling nearly US$20 million. HE Heng Ratana, the Royal Government delegate in charge of the Director General of the Cambodian Mine Authority, told Construction & Property Magazine on […]
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Thailand, Korea Mulls Hydropower & Clean Energy Investment in Cambodia
Thailand’s largest company CP Group and Cambodia’s Soma Group have considered investing in hydropower and clean energy projects in Cambodia, while the Republic of Korea’s power sector developer also expressed interest in investment in Cambodia’s power sector. According to Cambodian Prime Minister Samdech Hun Sen on 17 December, all investors expressed their intention to invest […]
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Japan Provides Fund to Conserve Bayon Temple
The Government of Japan has provided a grant of US$520,847 for the conservation and restoration of the Bayon temple while providing a total of over US$28 million under the JASA project since 1994 for similar purposes. During the 29th Plenary Meeting of the ICC-Angkor, there were also two MoUs signed been Japan and the Apsara […]
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Gov’t Approves 116 Non-SEZ Investment Projects & Over 3,000 Construction Projects in 10 Months
During the first 10 months of 2022, the Cambodian government approved 116 non-special economic zone investment projects, an increase of 24 projects. During the same period, 3,407 construction projects were also approved, a decrease of 191 projects, according to a report on socio-economic trends of the Ministry of Economy and Finance issued on 13 December. According […]
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45% of Cambodia’s Total Energy Needed in Construction Sector
The United Nations Development Program (UNDP) has provided energy-saving recommendations for Cambodia, in particular for the construction sector, as this sector consumes at least 45% of the nation’s total energy mix. Through strategies and regulations, UNDP has thus far supported Cambodia with the development of energy efficiency codes, a roadmap to low-carbon, and resilient policies […]
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France to Help Expand Sihanoukville International Airport in Early 2023
Vinci Airports, a company that develops and operates major airports in Cambodia, has promised to assist Cambodia in upgrading the Sihanoukville International Airport in early 2023. The promise was made during a meeting between Cambodia PM Samdech Hun Sen and President of Vinci Airports Nicolas Notebeart on 16 December, In the meeting, Mr Notebeart expressed […]
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PM urges more French companies to invest in Cambodia
Cambodia PM Samdech Hun Sen has called on French companies to further study and seek more investment opportunities in Cambodia to maximize the benefits of bilateral and multilateral cooperations, especially in food processing, medicine and pharmaceuticals, light manufacturing, and automotive sectors. PM Hun Sen made the remark in a meeting organized by MEDEF International in […]
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