Local News
Cambodia Targets June Deal for Funan Techo Canal Construction with Chinese Firm
In a strategic move to advance the Funan Techo Canal project, the Cambodian government is intensifying efforts to finalize negotiations and sign a concessional agreement with a Chinese company for the commencement of construction. Highlighting the project’s high priority, HE. Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development […]
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Gov’t Prioritises 50C Road & Cambodia’s Longest Bridge Project Crossing Tonle Sap River in 2024
In a strategic move poised to redefine Cambodia’s infrastructure landscape, the Ministry of Public Works and Transport (MPWT) has earmarked the construction of the National Road 50C, a pivotal link between Kampong Chhnang and Kampong Thom, for commencement in 2024. This announcement was made at the culmination of the MPWT’s annual meeting on 29 February […]
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PATA Advocates for Tranquillity: Plans for a Meditation Centre Unveiled in Stung Popok, Koh Kong Province
In a groundbreaking move to promote ecotourism, religious tourism, and nature conservation, the Cambodia Asia Pacific Tourism Association (PATA) proposed the establishment of the Stung Popok Meditation Centre in Sre Ambel district, Koh Kong province. Highlighting the project’s potential to enrich local economies and lifestyles, Dr Thoun Sinan, Chairman of PATA, presented the initiative to […]
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Cambodia Greenlights 22 Investment Projects Worth US$444m in a 15-Day Spree
In a dynamic economic surge, the Council for the Development of Cambodia (CDC) has approved 22 new investment projects, amassing a staggering US$444 million in just 15 days during February. The industrial sector emerged as the primary recipient of these investments, with significant contributions, 15 projects, also flowing into infrastructure and agriculture. The CDC’s press […]
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Prime Opportunities Arise for Real Estate Investors as Cambodia Unveils Master Plan for Nearly 7,000km of Major Roads
With the recent release of a pivotal strategic document outlining a master plan for the transport and logistics sector, savvy real estate investors are poised to capitalise on the emerging opportunities within the development landscape. The Royal Government of Cambodia’s comprehensive master plan focuses on the road transport sector, detailing 94 road development projects with […]
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CDC Greenlights Nearly US$600m Investment Injection into Preah Sihanouk Province
The Council for the Development of Cambodia (CDC) has approved two investment initiatives totalling close to US$600 million, both slated for development in Preah Sihanouk province. The announcement comes following a CDC meeting convened on 28 February 2024. The first sanctioned project involves Ban Dao Investment Co., LTD, committing a capital investment of US$574 million. […]
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Gov’t Greenlights Three Major Malaysian Projects to Establish High-Tech Economic Zone & Halal Industries in Cambodia
The Cambodian government has given the nod to three significant projects proposed by the National Chamber of Commerce and Industry (NCCIM) in Malaysia. These ventures encompass the establishment of a high-tech economic zone, a technology development initiative, and an ecological project for the halal food industry in Cambodia. The approval was conveyed during the Cambodia-Malaysia […]
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Japanese Firm, Minebea Cambodia, to Establish US$650m SEZ on 50ha of Land in Pursat
Minebea Cambodia is set to embark on its second investment project, allocating approximately US$650 million to acquire a 50-hectare plot in Pursat province, where it plans to establish a special economic zone. The decision was announced by HE Sun Chanthol, Deputy Prime Minister & First Vice President of the Council for the Development of Cambodia […]
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Progress Update: Rehabilitation of National Road No. 48 (Sre Ambel-Koh Kong) Reaches 43%
In a recent update on 20 February 2024, the rehabilitation project for National Road No. 48 (Sre Ambel-Koh Kong) has achieved a notable milestone, completing 42.71% of the planned improvements. The project is on track for its scheduled completion by the end of April 2025. During a meeting on 23 February 2024, HE So Victor, […]
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Opening of Bak Kheng Water Treatment Plant Phase 2 Set to Transform Water Supply Landscape
The second phase of the Bak Kheng water treatment plant is poised to commence operations on 29 February 2024. The noteworthy development, as reported by the Phnom Penh Water Supply Authority’s Facebook page, signals a major stride in bolstering the nation’s water treatment capabilities. HE Long Naro, the government delegate overseeing the Phnom Penh Water […]
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