Local News
Run Ta Ek Development a Model of Effective Urban Planning Policy. Why?
Prime Minister Hun Sen has announced that the government will develop the Run Ta Ek area into a new potential city with all the necessary infrastructure provided to ease the lives and careers of over 6,000 families. The Prime Minister stated in a public announcement on 13 September that the establishment of the new Run […]
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Gov’t Urges Establishment of Green Investment Zone in ASEAN Bloc
The Cambodian government has supported the establishment of the Green Economic or Investment Zone in the ASEAN bloc and Cambodia proposes to host the zone. The remark was made by Samdech Techo Hun Sen, Prime Minister of Cambodia, at the 2022 ASEAN Leadership and Partnership Forum held on 12 September. Speaking at the forum, PM […]
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Construction Begins on Vietnam’s US$520-million Industrial Park
Construction has begun on a 10-sq-km industrial park in Vietnam’s southern province of Binh Thuan with a ground-breaking ceremony attended by Prime Minister Pham Minh Chinh. The construction will cost US$520 million and the park will serve sectors ranging from building materials to food processing when complete in 2025, according to GCR. The park will […]
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MOI Requests ADB to Build New Water Treatment Plants in Rural Areas
The Minister of Industry has requested the ADB to help build new water treatment plants to supply clean water to people living in rural areas. According to the meeting on 7 September 2022, the proposal was made by HE Cham Prasidh, Minister of Industry at a meeting to review the progress of ADB projects. The […]
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Three Investment Projects Worth Over US$16.5m Approved for Kampong Spue province & PP
The Council for the Development of Cambodia (CDC) has decided to issue investment registration certificates with a total capital of more than 16.5 million US dollars to establish three factories in Kampong Speu and Phnom Penh. These private companies include: The first firm is CHINA TING (CAMBODIA) FASHION CO., LTD which will invest US$5.6m to […]
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Gov’t to Amend PP & SHV Airport Management Contracts
The Cambodian government has set up a new inter-ministerial committee to review and amend the existing investment agreements of Phnom Penh and Sihanoukville International Airports. According to the announcement dated 7 September, the new inter-ministerial committee is chaired by Deputy Prime Minister Chea Sophara with HE Mao Havannal as the deputy chairman. The committee is […]
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Five Investment Projects Worth Over US$44m Approved for SHV & PP
The Council for the Development of Cambodia (CDC) has given permission to private firms to invest US$44.4 million in establishing five factories in SHV province, and Phnom Penh. The first firm is Toyota Tsusho Manufacturing (Cambodia) Co., Ltd, which will invest US$36.7 million to establish an assembly plant in the Royal Group Phnom Penh Special […]
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CDC Approves 149 Japanese Investment Projects as of August 2022
The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment of about US$2.9 billion as of August 2022. The report was presented at the 24th Meeting of the Cambodia-Japan Joint Committee held on 7 September. The event was co-chaired by CDC Secretary-General HE Sok Chenda Sophea and […]
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New Phnom Penh Police Commissariat Buildings Worth Over US$14m Inaugurated
Two new Phnom Penh Police Commissariat Buildings worth over US$14 million were officially inaugurated under the presidency of Deputy Prime Minister and Minister of Interior Samdech Sar Kheng on 8 September. The first building is an administrative building that is 40m wide and 50m long with a total area of 20,000sqm and 10 floors. The […]
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CSX: Royal Railway Eligible to Apply for Bond Listing
The Cambodia Securities Exchange (CSX) has approved in principle that Royal Railway Plc, a subsidiary of the Royal Group, is eligible to apply for bond listing. However, to complete the bond listing process, Royal Railway must follow more conditions to get approval from the Securities and Exchange Regulator of Cambodia and meet further listing requirements […]
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