Construction of New Rehabilitation Centre in Poipet over 33% Complete

Construction of the new Poipet Rehabilitation Center worth over US$2.3 million has been 33.18% completed.  Secretary of State of the Ministry of Social Affairs, Veterans and Youth Rehabilitation​​ HE Nhek Vannara​ provide an update on the progress during the site inspection on 10 January.  The construction of the project started on 15 August and is scheduled to be completed in early August 2...

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Over 20,000 Firms Register Through MEF Single Portal System as of 2022

As of early January 2023, 20,809 companies registered their businesses with the Ministry of Economy and Finance Single Portal online system with a total investment capital of US$5.83 billion, according to an announcement by the ministry on 9 January.  There were also 13,068 companies on the waiting list, the report added.  The five business activities with the largest registered capital incl...

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Cambodia Imports Approx US$360m of Iron & Steel in 2022

In 2022, Cambodia imported iron and steel worth over US$359.8 million, a year-on-year increase of 23.1%.  Iron and steel are in the top 20 imported commodities list of the General Department of Customs and Excise issued on 10 January.  The import of iron and steel accounts for 1.2% of the total import value of US$29.9 billion.  The increase in the import value of iron and steel came amid ...

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Construction of Siem Reap Angkor International Airport 63% Complete

Construction of the new Siem Reap Angkor International Airport has been 63% completed by the end of 2022, while the developer is aiming for 90% completion by March this year.  The progress of the project was mentioned in a meeting held on 9 January under the chairmanship of HE Tekreth Samrach, Minister Delegate Attached to the Prime Minister and Secretary of State of the Office of the Council o...

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Gov’t Confirms Continuation of “Water, Road, Electricity, People” Policy for Next 30 Years

Cambodia Prime Minister Samdech Hun Sen confirmed that the government would continue implementing the "water, roads, electricity, people" policy for the next 30 years.   Speaking at the ground-breaking ceremony of National Road 7 on 9 January, PM Hun Sen said that infrastructure plays a major in the country's development. (Read more) He said that he launched this policy in 1987, which is mor...

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Expansion of NR7 Officially Begins

The project to expand and upgrade National Road 7 from Skun roundabout to downtown Kampong Cham officially began on 9 January under the auspices of Cambodia Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia HE Wang Wentian.  The road has a length of 45.48km from the Skun roundabout in Cheung Prey district to the roundabout at the base of the Kizuna Bridge in Kampong Cham.  Th...

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Talk on OCA Dispute Between Cambodia & Thailand to End Soon

Talks on the dispute over the overlapping claim area (OCA) in the gulf of Cambodia and Thailand has reached another level with an agreement expected to be signed soon.  According to The Star, the Thai side raised the issue in a 20-minute cabinet meeting on 3 January.  Thai Deputy Prime Minister Gen Prawit Wongsuwan said at the meeting that he had met with Cambodia's Minister of Mines and Ene...

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Laos Launches 500kV Transmission Line with Plan to Connect with Cambodia

Yunnan Energy Investment (HK) Co Ltd has launched a 500kV transmission line in the southern Lao province of Champasak and connected to a substation in Khong district on the Laos-Cambodian border, according to Laos' Vientiane Time on 5 January.  Mr Chanthaboun Soukaloun, Managing Director of Electricite du Laos (EDL), said the 500-kilovolt transmission line and substation project was the first o...

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Cambodia Approves Investment Projects Worth US$4.6 Billion in 2022

Cambodia attracted fixed-asset investments of US$4.6 billion in 2022, increasing 7.5 % compared to a year before, a report of the Council for the Development of Cambodia (CDC) showed on 6 January.  The CDC​​​​ ​approved new non-special economic zones (SEZ) with a total investment value of US$3.4 billion, a year-on-year increase of 49%.  The investment projects registered in the SEZ decreased...

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MPWT Vows to Boost Cambodia’s Transport Sector Further in 2023

The Ministry of Public Works and Transport (MPWT) has approved 112 new action plans for 2023 to boost the transport sector further, according to an official meeting on 5 January.  Director General of the General Department of Administration and Finance HE Ken Ratha said that the 112 new action plans will focus on activities to improve the efficiency of administration, staff and financial manage...

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