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ខ្មែរ Local News
CDC Greenlights 27 Non-SEZ Investment Projects, Fueling Economic Growth and Job Creation
- 22 June 2023
In a remarkable display of economic resilience and investment potential, the Council for the Development of Cambodia (CDC) has granted approval for 27 fixed asset projects outside the special economic zones (SEZs) in the first quarter of this year. These projects, with a cumulative investment value of US$193 million, bear testimony to Cambodia's robust business environment and its appeal as an att...
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Cambodia Signs Concessional Loans Worth US$488 Million, Bolstering Public Investments for Sustainable Growth
- 22 June 2023
Cambodia's commitment to fostering sustainable economic growth and driving public investments received a significant boost in the first quarter of this year, as the Cambodian government inked new concessional loan agreements with development partners. The total amount of these loans reached an impressive US$488 million, propelling the country's public debt to US$10.23 billion as of March, accordin...
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Banteay Meanchey’s 5 Flourishing SEZs Fuel Unprecedented 20,000 Job Growth
- 21 June 2023
Banteay Meanchey province is experiencing a remarkable economic transformation, spearheaded by its five thriving special economic zones (SEZs), which have become major catalysts for job creation and development. With close to 20 factories operating within these SEZs, the province has successfully generated employment opportunities for over 20,000 individuals. Speaking to reporters from Radio Natio...
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Cambodia Welcomes US$33.3m Investment as Government Approves Establishment of Five New Factories Across Five Provinces
- 21 June 2023
The Council for the Development of Cambodia (CDC) has granted registration certificates to five visionary companies. These companies are set to embark on the establishment of five state-of-the-art factories, collectively investing a total of US$33.3 million. This significant announcement was made public through the CDC's official publication on 19th June 2023, affirming the government's commitment...
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Japan Extends Nearly US$200m in Funding for Rural Road Enhancement and Clean Water Expansion in Siem Reap
- 21 June 2023
The Government of Japan has demonstrated its commitment to improving infrastructure and living conditions in Cambodia by granting nearly US$200 million in concessional loans. The official signing ceremony, held on 20th June 2023, marked the exchange of letters and related documents, solidifying Japan's support for rural road enhancement and water supply expansion projects in Siem Reap. One of t...
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Elvin Sou (Cambodia) International Shoe Factory Launches in Kampong Speu to Serve US Market
- 20 June 2023
Elvin Sou (Cambodia) International Standard Shoe Factory (Cambodia) has marked its official opening in Samrong Tong District, Kampong Speu Province. The factory, which boasts a substantial investment of US$6.4 million, was inaugurated in the esteemed presence of HE Dr Ith Sam Heng, Minister of Labor and Vocational Training, on June 19, 2023. As a prominent player in the industry, Elvin Su (Camb...
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US$95 million cement plant to be built in Battambang soon
- 19 June 2023
The Board of Investment of Cambodia of the Council for the Development of Cambodia (CDC) has decided to issue a registration certificate to a private company to build a large cement factory under an investment of US$95 million in Battambang province. This is according to the publication of the CDC on June 19, 2023. The project to build the factory is invested by DONGFANG JUNMA CEMENT CO., LTD u...
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JICA Extends Support to Cambodia for Second Phase of Water Pollution Management
- 19 June 2023
The Japan International Cooperation Agency (JICA) has once again extended its assistance to Cambodia, initiating the second three-year Pollution Management Capacity Building Project. The project, set to commence in 2023, aims to strengthen Cambodia's water pollution management capabilities with the support of JICA. The official signing of the project took place on June 13, 2023, between JICA an...
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Bakheng Water Treatment Plant with a capacity of 195k cubic meters per day inaugurated
- 19 June 2023
The official inauguration of the Bakheng Water Treatment Plant Phase 1 marks a significant milestone in enhancing the water supply capacity of Phnom Penh and Takhmao city in Kandal province. With a remarkable daily capacity of 195,000 cubic meters, the plant's opening ceremony was graced by the presence of Samdech Hun Sen, Prime Minister of Cambodia. The addition of Phase 1 to the Bakheng Water...
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The US$19m SR Referral Hospital Nears Completion, Enhancing Healthcare Infrastructure in the Province
- 19 June 2023
The highly anticipated Siem Reap Referral Hospital, a significant healthcare infrastructure project in Siem Reap province is on track for completion by the end of this year. With an impressive 80% of the construction already finalized, the hospital's progress was recently assessed during an inspection visit by His Excellency Professor Mam Bun Heng, Minister of Health, on June 18, 2023. Expressi...
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