Local News
Gov’t Approves Three Investment Projects Worth Over US$18m in PP & Kampong Speu
The Council for the Development of Cambodia (CDC) has given permits to 3 private firms to invest in 3 projects worth US$18.8 million in Phnom Penh and Kampong Speu. The first company is ORIENT HONGYE (CAMBODIA) KNITTING CO., LTD., investing US$3 million in building a garment factory in Phnom Penh. The second company is KYLIN […]
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Construction of First Phase of Bak Kheng Water Treatment Plant 60% Complete
The construction of the Bak Kheng Water Treatment Plant, Phase 1, is now 60% complete and is scheduled to be completed as planned, according to an announcement by the Phnom Penh Water Supply Authority on 2 May. The Phnom Penh Water Supply Authority said that by the first quarter of 2022, the first phase of […]
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Kampong Speu Stadium Construction 90% Complete, Scheduled for Inauguration in September
The international standard stadium, initiated by HE Hun Many, member of parliament for Kampong Speu province and President of the Union of Youth Federations of Cambodia, is now 90% complete. The stadium is scheduled to be inaugurated officially in September this year, according to HE Vei Samnang, Governor of Kampong Speu province, stating that the […]
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Kep Plans to Build Two Ports Under ADB Project
The Kep Provincial Administration plans to build two standard ports for fisheries and tourism under the Asian Development Bank’s Sustainable Coastal and Marine Fisheries Project. A meeting on the project was held on 27 April, chaired by Mr. Vao Sokha, Deputy Governor of Kep Province, and ADB representative Mr. Lindsey Saunders, Team Leader of the […]
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Ministry Urges Shipping Agencies to Apply for License by July
The Ministry of Public Works and Transport has announced that all shipping agency companies have to apply for ship agent licenses by no later than 29 July 2022, before the port Electronic Data Interchange (Port EDI) system is officially launched. The ministry said in a statement dated 28 September 2021 on the procedure for licensing […]
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Malaysia Invests US$3 billion in Cambodia
Cambodia received US$3.2 billion in direct investment from Malaysia as of February 2022, according to a press release from the Ministry of Foreign Affairs and International Cooperation. Malaysians have invested in the financial, manufacturing, real estate, hotels and restaurants, agriculture, and construction sectors in Cambodia, worth a total of US$ 3.2 billion. The figure was […]
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Over 200 Families in Banteay Srei District Receive Water Wells & Tanks with 10,000 Litre Capacity
“Good wells for the community” equipped with a pumping system and a 10,000-litre water tank was first ever installed in Trapeang Thmor village, which faced severe water shortages in the dry season and was one of the poorest villages in Banteay Srei district, according to the Banteay Srei district governor Khim Finan. This was the […]
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Dara Sakor Airport Flight Validation 60% Complete
The flight validation of key equipment, facilities, and staff capacity at the Dara Sakor airport in Koh Kong province is 60% complete, aiming for completion in June and conducting the first flight test in July. HE Sin Chansereyvutha, Under-Secretary of State and spokesperson of the State Secretariat of Civil Aviation (SSCA) said on 29 April […]
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FDI in 2021 at US$4.3 billion, 47% drop Y-o-Y
In 2021, Cambodia received a total of US$4,357 million in foreign direct investment (FDI), a decrease of 47 % compared to the amount in 2020 with a total FDI of US$8,250 million. According to the Council for the Development of Cambodia (CDC), FDI from China remains the top one at US$2,326 million, a 67% increase […]
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PPAP: Construction of Seven River-Based Ports to Cost Approx. US$70 million
The construction cost of the planned seven river-based ports is estimated at over US$70 million in total, or at least around US$10 million, as it varies depending on the condition and location of each port. HE Hey Bavy, Director General of the Phnom Penh Autonomous Port (PPAP), said on 25 April that four of the […]
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