Gov’t Unveils Eight Measures to Support Construction and Borey Development

The Ministry of Economy and Finance has recently announced eight measures to support the development of the construction and real estate sectors in the Borey industry amidst global economic uncertainty. According to the press release on 12 April 2023, the Economic and Monetary Policy Committee has outlined a package of measures to facilitate the growth of the real estate sector in Cambodia. Tho...

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Gov’t approves US$85 million investments in cattle and rubber farms in Kratie and Preah Vihear

The Investment Committee of Cambodia's Council for the Development of Cambodia (CDC) has approved two investment projects that will contribute to the country's economic growth and development. Eastern Rubber (Cambodia) Co., Ltd will invest US$73.4 million to establish a large-scale cattle and beef cattle farm in Snuol district, Kratie province, while Rithy Rubber (Cambodia) Co., Ltd will invest US...

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Why is Cambodia Pushing Out Multiple Infrastructure Projects Despite an Ongoing Global Crisis?

Amidst a global crisis, Cambodia remains committed to infrastructure development, with over US$30 billion in projects currently underway or on the table. The country's railway system is a focal point, with plans to modernize the 382-kilometre Phnom Penh-Poipet railway system to become the kingdom’s first standard high-speed rail line. The project, estimated at over US$4 billion, is being studied b...

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CDC Approves $36.2 Million Investment in Solar Panels and Agricultural Products in three provinces

The Council for the Development of Cambodia (CDC) has recently granted registration certificates to four companies with a total investment of $36.2 million, aimed at constructing four factories in three provinces. According to the CDC, the investments are expected to boost the economy and provide job opportunities for locals. One of the companies, "SUNFLOWER ENERGY (CAMBODIA) CO., LTD," will in...

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“Koh ToToeng” &”Koh Muy” to be developed as a new tourist destination worth nearly US$38m

The Council for the Development of Cambodia (CDC) has granted approval for two investment projects worth a total of $37.7 million to develop two islands, "Koh Totoeng" in Koh Kong province and "Koh Muy" in Sihanoukville province as new tourist destinations. According to the Cambodian Investment Committee publication released on 13 April 2023, "DEN NOKOR (CAMBODIA) INVESTMENT CO., LTD" and "G.T....

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Kampot has 4 landscape protection areas on an area of 217 hectares

Kampot province, known for its stunning natural beauty and unique landscapes, is taking steps to protect its environment and wildlife. As the Ministry of Environment reported on 11 April 2023, there are currently four landscape protection areas in the province spanning a total area of 217 hectares. These areas are located in Chres village, Koh Chamkar village, and Koh Tnaot village, across two com...

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Chip Mong Industries Supplies 6000M3 of Ready-Mixed Concrete for Naga III Raft Foundation

Phnom Penh, 09 April 2023: Chip Mong Industries, a leading concrete supplier in Cambodia, has successfully delivered 6000M3 of Ready-Mixed Concrete for the Naga III Raft Foundation project. The project is under the supervision of GLOBAL PILING SOLUTIONS, CO., LTD, and the concrete was meticulously selected, tested, and monitored by experts with over two decades of experience to ensure high quality...

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New NR4-Monivong Bokor National Park Road Reaches 30% Completion Milestone

The NR4-Monivong Bokor National Park Road, a major infrastructure project connecting the National Road No. 4 to the Bokor mountain, has reached a significant milestone. As of 8 April 2023, the project has reached 30 percent completion, according to Mr Svay Vuthy, a representative of Sokha Hotel Company, which is responsible for the construction of the road. This comes after the completion of site ...

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CDC Approves Nearly US$300M in Investment Projects in Q1 2023

The Council for the Development of Cambodia (CDC) has announced the approval of 39 new investment projects and investment expansion projects in the first quarter of 2023, with a total investment capital of approximately US$294 million. According to the report, these projects are expected to create around 47,000 job opportunities for local people. The majority of the projects, comprising 38 out ...

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JKD Packaging Co. LTD Receives Approval for $5.3 Million Manufacturing Investment in Cambodia

The manufacturing sector in Cambodia is set to receive a boost with the recent approval of a new investment project by the Council for the Development of Cambodia (CDC). JKD PACKAGING CO., LTD has been given the green light to establish a factory for the production of cardboard boxes and packaging materials, located on Lum Road, Bek Bok Village, Sangkat Kork Roka, Khan Prek Pnov, Phnom Penh, with ...

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