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ខ្មែរ Local News
Austrian Firm Studies Feasibility of Building Cable Car System in Phnom Penh
- 9 February 2023
The Austrian company Doppelmayr Group has been studying the possibility of a “Cable Car” project in Phnom Penh. In the past, the company has expressed interest in investing in transportation using cable cars to promote public transport in Phnom Penh, Cambodia. (Read more) In a meeting with the Permanent Secretary of State of the Ministry of Public Works and Transport Mr Touch Chankosal on 7...
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IFAD Provides US$194m to Support Cambodia’s Rural Economy & Agricultural Trade
- 9 February 2023
The International Fund for Agricultural Development (IFAD) has provided US$194 million to support Cambodia's rural economy and trade in agricultural products. The financing agreement was signed by the President of IFAD Mr Alvaro Lario and the Permanent Secretary of the Ministry of Economy and Finance Mr Vongsey Vissoth on 7 February. Of the US$194 million fund, US$47.9 million is a concess...
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Japan Mulls Investing in Cashew-to-Energy Processing Plant in Cambodia
- 8 February 2023
A Japanese company has expressed interest in establishing a factory that processes cashew nuts and cashew nut shells into fuel in Cambodia, according to a meeting between the Minister of Agriculture and Forestry and the CEO of Top Planning Japan Co., LTD on 7 February. HE Dith Tina, Minister of Agriculture, Forestry and Fisheries, said that this Japanese company plans to set up a factory in Ca...
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CDC Approves 11 Investment Projects Worth US$57.9m in Four Provinces
- 8 February 2023
The Council for the Development of Cambodia (CDC) has given permits to 11 private firms to invest a total of US$57.8 million in establishing 11 factories in Kandal, Kampong Speu, Sihanoukville and Phnom Penh. "ONTIME INDUSTRIAL CO., LTD." will invest US$9 million to establish a metal furniture assembly plant in the Cambodian Special Economic Zone, Cheang Gorji, Sihanoukville province. “TI...
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Cambodia, Kuwait Continue Cooperation on Oil & Gas Exploration
- 8 February 2023
Cambodia and Kuwait have pledged to further boost bilateral cooperation in oil and gas exploration. Both parties expressed interest in cooperation in this sector during the meeting between the Minister of Foreign Affairs of Cambodia HE Prak Sokhon, and the Ambassador of Kuwait to Cambodia HE Mohammad Saed Safi al-Hachri on 7 February. The two parties were also committed to further boosting...
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Businesses Registered Via Single Portal Increases by 800 Companies Within a Month
- 8 February 2023
As of February 2023, 21,609 companies and enterprises were registered in the government's single portal, an increase of almost 800 companies compared to the previous month. The amount of capital registered was at US$6.15 billion, an increase of US$ .32 billion compared to the last month. (Read more) A report by the Ministry of Economy and Finance showed that there were over 13,000 companie...
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Cambodia, Japan Join Hands to Boost Wastewater Management Nationwide
- 7 February 2023
The Ministry of Public Works and the Japan International Cooperation Agency (JICA) in Cambodia have collaborated to promote the development of wastewater management and sanitation in Cambodia, according to a technical subcommittee on urban wastewater and sanitation meeting on 6 February. The meeting focused on challenges such as the lack of human resources in the field of wastewater and sanita...
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Construction of Monivong Flyover Pillars 11% Complete
- 7 February 2023
The construction of the Preah Monivong flyover, the first circular flyover in Cambodia, has been 11% completed as the technical team is currently drilling 219 pillars on Samdech Techo Hun Sen Blvd and Preah Monivong Blvd. Mr Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, told BTV on 7 February that the construction company is currently drilling the foundati...
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UK mulls investing more in energy & other sectors in Cambodia
- 7 February 2023
UK investors want to boost investment in infrastructure in Cambodia, especially in the energy sector. The intention was expressed during the meeting between the Secretary of State of the Ministry of Mines and Energy HE Sok Khavan and representatives UK Infrastructure and Projects Authority (IPA) as well as the UK Embassy in Cambodia on 6 February. During the meeting, the UK expressed interes...
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Construction of US$38m Koh Pic-Koh Norea Bridge 50% Complete
- 7 February 2023
Construction of the bridge connecting Koh Pich city to Koh Norea is 50% complete as of early February 2023, according to OCIC representative Touch Samnang. Mr Samnang told Construction & Property Magazine on Monday 6 February that the bridge construction is approximately 50% complete as the major tasks have been successfully completed. He added that the overall construction project is ...
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