Local News
Non-SEZ Investment Value at US2-billion in First two months of 2022, Over 230% Rise Y-o-Y
The number of investment projects based outside special economic zones (SEZ) that were registered with the Council for the Development of Cambodia (CDC) in the first two months of 2022 was recorded at 35 projects with a total investment of value of approximately US$2 billion. According to a recent Ministry of Economy and Finance report, […]
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Gov’t Approves Over 650 Construction Projects Worth US$137m in Two Months of 2022
During the first two months of 2022, a total of 652 construction projects were approved with an estimated investment value of over US$137 million, according to a recent report from the Ministry of Economy and Finance. The approved construction projects during these two months declined by 207 projects compared to the same period last year. […]
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Over 1,000 Construction Sites in Angkor Park Inspected
During the first quarter of 2022, the APSARA National Authority (ANA) inspected, consulted, and provided technical assistance to home construction sites for 1029 families in Angkor Park within the Angkor Archaeological Park. According to an ANA announcement on 12 April, the inspection has been done to ensure safety and public order within the park. Before […]
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Tourism Development Master Plan focuses on three main connections in Mondulkiri province
The Master Plan on Tourism Development in Mondulkiri province 2022-2035 focuses on connecting the three main means of transportation for Mondulkiri province. The sixth strategic direction of the master plan stated the connection to facilitate travel and integrate within the national and regional framework, in three ways air, waterway, and expressway connections. Currently, the Royal […]
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Gov’t plans to build standardized heavy trucks parking lots around Phnom Penh suburb
The Ministry of Public Works and Transport (MPWT) has requested Phnom Penh Hall to set up standardized parking lots for heavy vehicles and cargo trucks in Phnom Penh, especially in the suburban area. HE Min Manavy, secretary of state for the Ministry of Public Works and Transport, said on 7 April that the Ministry has […]
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Gov’t approves four investment projects worth US$31M in PP, SHV, & Svay Rieng
The Council for the Development of Cambodia (CDC) has given permits to four private firms to invest in four projects worth over US$31 million in Phnom Penh, Sihanoukville, and Svay Rieng. The first company is Covered Bridge Cabinetry Manufacturing Co., Ltd. investing US$8.8 million in building a furniture factory in Sihanoukville. The second company is […]
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Japan to help ASEAN develop carbon capture & storage technologies
Japan plans for ASEAN nations to develop carbon capture and storage technologies as its vision for a zero-emissions Asian community. According to the Nikkei Asia report, Asian economies are still reliant on cheaper but carbon-intensive coal, thus carbon capture and storage projects are highly needed to them reduce emissions. Those technologies include carbon capture and […]
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Engineers ordered not to construct or dismantle unlicensed buildings, or face fine
The Ministry of Land Management, Urban Planning and Construction has instructed engineers registered with the Board of Engineers of Cambodia not to carry out construction work at sites that do not have permits for construction, repair, or demolition from authorities. According to the announcement of the ministry dated 8 April, the implementation of construction work […]
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Five foreign firms eyes resuming oil extraction in Cambodia after KrisEnergy fails
Five foreign companies from different countries have been interested in resuming the oil extraction operation in Block A and exploring other oil blocks in Cambodia after KrisEnergy announced bankruptcy last year. HE Cheap Sour, Director General of the General Department of Petroleum, Ministry of Mines and Energy, said on Friday 8 April that those five […]
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PP-Bavet Expressway Final Study to Be Completed in 3 Months
The Ministry of Public Works and Transport (MPWT) has set a 3-month deadline for the Chinese firm to finish the final study of the Phnom Penh-Bavet Expressway before moving to the construction stage as planned. The deadline was set during a meeting on 7 April between MPWT Secretary of State So Victor with representatives of […]
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