Local News
Aeon goes beyond retail business, establishing Cambodia’s first multifunctional logistics centre
Beyond the retail business with three large shopping malls in Cambodia, a Japanese firm Aeon Mall (Cambodia) Co Ltd has now expanded its business to the logistic market with a plan to establish Cambodia’s first multifunctional logistics centre in Sihanoukville in 2023. According to its press release issued on 11 January, the Aeon Mall (Cambodia) […]
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KOICA Provides US$316 million in Grant Aid to Cambodia Over 30 Years
Over the past 30 years from 1991 to 2021, the Korea International Cooperation Agency (KOICA) has provided a total of US$316 million grant aid to Cambodia, contributing to socio-economic development. The remarks were made by Country Director of KOICA Cambodia Office Hyunjun Rho in an online meeting held on 11 January with HE Chhieng Yanara, […]
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New Flyover at Century Plaza Intersection Set to Begin Construction in March
The new flyover along the Russian Blvd at the Century Plaza intersection, known as the `2004 Flyover’, is set to begin construction this upcoming March and is scheduled for completion in 2023 before the SEA game. Phnom Penh Governor HE Khuong Sreng held a meeting with the Phnom Penh Municipal Police Commissioner, the Secretariat of […]
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Cambodia Port EDI system to Go Online in August
The development of the Electronic Data Interchange System or Port EDI system is reaching the final completion with the plan to begin operation by August this year, while the working group is currently ensuring that the system is ready. Spokesperson for the Ministry of Public Works Heang Sotheayuth met with the working group on Tuesday […]
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2000ha Aquaculture Project Planned for Sihanoukville
Jin Yu Tang (Cambodia) Fishery Co., Ltd will invest in building a 1984-hectare aquaculture project on Koh Thas Island in Sihanoukville. The company’s representative updated the progress of the company’s investment during a meeting with HE Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries held on 11 January. After signing an MoU with the Ministry […]
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New Water Treatment Plant Launched in Kampot Province, Bringing Supply to 18,500m3/day
A new water treatment plant with a production capacity of 5,000m3 / day in Kampot has been launched, bringing the provincial water supply up to over 18,500m3/day. The inauguration ceremony was held on 9 January under the presidency of HE Cham Prasidh, Minister of Industry, Science, Technology and Innovation. The new treatment system uses the […]
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CDC Approves 107 Non-SEZ Investment projects in 11 months of 2021
The Council for the Development of Cambodia (CDC) approved 107 private investment projects outside the SEZ in the first 11 months of 2021, a decrease of 34 projects from the same period in 2020. According to the Socio-Economic Trends Report of the Ministry of Economy and Finance, approved projects have a total investment of US$1.7 […]
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Over 3,900 Construction Projects Worth US$5.4bn Approved in 11 Months of 2021
The Ministry of Land Management, Urban Planning and Construction approved 3,925 construction projects in the first 11 months of 2021, a decrease of 403 projects from the same period last year. According to the Socio-Economic Trends Report of the Ministry of Economy and Finance, the construction projects worth US$5,456 million, also a 22.1% drop year-on-year. […]
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Kep International Tourism Port Set for Inauguration Next Week
The construction of the US$1.2 million tourism port in Kep has been completed and is set to be inaugurated next week, according to the Kep provincial administration. Once operational, the port will serve to transport tourists to Koh Tonsay Island and to the tourism ports of neighbouring Vietnam, said HE Som Piseth, Governor of Kep […]
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ACLEDA Bank Invests US$30 million in CAIC Bond, Funding New Phnom Penh Airport Development
ACLEDA Bank Plc has invested US$30 million in a guaranteed bond of the Cambodia Airport Investment Co Ltd (CAIC) to contribute to developing the Techo International Airport. The agreement was signed on Monday 10 January by CAIC Director Charles Vann and ACLEDA Bank Plc President In Channy, witnessed by OCIC Chairman Neak Oknha Dr Pung […]
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