Local News
MRC Reaches ‘Historic Breakthrough’ on Hydropower Dam Constructions
The Mekong River Commission (MRC) has approved a milestone document that clarifies guidelines for how to design hydropower projects, to minimize the impact on ecosystems and communities along Southeast Asia’s largest waterway. According to the MCR meeting on 4 October, beyond this revised Preliminary Design Guidance (PDG), the MRC also agreed on a Guideline on […]
Read More
Angkor Resources’ Subsidiary Granted Onshore Oil & Gas Exploration in Cambodia
Angkor Resources Corp’s subsidiary EnerCam Resources Corp. (Cambodia) Co. Ltd. (EnerCam) has received final licensing for exploration, development, and production on Block VIII onshore Cambodia, according to the firm’s press release on 3 October. President of EnerCam Mike Weeks said that this is a monumental change for the entire country. Having its own long-term source […]
Read More
Two New International Hospitals Worth US$41 Million Approved for Phnom Penh
The Council for the Development of Cambodia (CDC) approved two private companies to build two large hospitals worth US$41million in Phnom Penh. According to a recent CDC announcement, the first project is a 117-bed international hospital with an investment of US$21 million. This hospital is located on Duong Ngiep 2 Street, Damnak Thom 3 Village, […]
Read More
PP-SHV Expressway Opened for Trial; 9,000 Vehicles Recorded on First Day
The Phnom Penh-Sihanoukville Expressway has been open for testing since 1 October 2022, for one-month free of charge. According to the Ministry of Public Works and Transport, on the first day, from 7:00 am to 6:00 pm, there were a total of 8,927 vehicles traveling on this expressway through 8 toll stations. If 9,000 vehicle […]
Read More
Ground Broken on New Pumping Station in Russey Keo
Construction has begun on the new pumping station in Russey Keo district which will be able to pump up to 30,000 cubic metres/hour. The ground-breaking ceremony was held on 30 September under the presence of Russey Keo District Governor Ek Khun Doeun and Director of the Department of Public Works and Transport of Phnom Penh […]
Read More
Eight Investment Projects Worth US$89m Approved for Kep, Kandal, K. Speu, K. Cham and PP
The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 89m to build two hospitals, Develop Koh Tbal Island, and establish five factories in Kep, Kandal, Kampong Speu, Kampong Cham and Phnom Penh. These private companies include: The first firm […]
Read More
Germany Provides Over US$670 million in Financing to Cambodia as of 2021
As of 2021, Germany has provided a total of US$670 million in financing to Cambodia, equivalent to 2.6% of the total funding provided by development partners to Cambodia. The figure was shown during a meeting between Secretary-General of the Cambodian Rehabilitation and Development Board HE Chhieng Yanara and German Ambassador to Cambodia HE Stefan Anton […]
Read More
Four Investment Projects Worth US$23.9m Approved for Sihanoukville & Svay Rieng Provinces
The Council for the Development of Cambodia (CDC) has given permits to four private companies to invest a total of US$23.9 million to establish four factories in Sihanoukville and Svay Rieng province. The first firm is HOME STYLE LIVING CO., LTD, which will invest US$6.6 million to establish a furniture and mattress factory in Sin […]
Read More
Gov’t Establishes Inter-Ministerial Committee for PP-Bavet Expressway Development Project
The Cambodian government has set up an inter-ministerial committee to accelerate the Phnom Penh-Bavet expressway project. According to the statement dated 16 September, the expressway connecting Phnom Penh to Bavet has been proposed for investment by China Road and Bridge Corporation under a basic framework of build-operate transfer. HE Sun Chanthol, Senior Minister, Minister of […]
Read More
MPWT Warns Locals to Stop Breaking Expressway Fencing
The Ministry of Public Works and Transport (MPWT) has warned the locals to stop breaking or cutting barbed razor wire fences along the expressway after finding out many spots have been damaged. During the inspection on 28 September led by MPWT’s Undersecretary of State HE Soeng Sokong, the team found that the locals have been […]
Read More