Construction Focus
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 […]
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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 […]
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SME Bank Provides Over US$41m in Loans to 291 Tourism Businesses
As of December 2022, the Small and Medium Enterprise Bank of Cambodia (SME Bank) has provided US$41.52 million in loan to 291 tourism businesses, according to the bank’s announcement on 3 January 2023. The loan is part of the Tourism Restoration and Growth Sector (TRCS) co-financing project with a total budget of about US$150 million. […]
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CDC Approves Three Projects Worth US$16m in Kampong Speu
The Council for the Development of Cambodia (CDC) has given permits to three private firms to invest US$16 million to establish three factories in Kampong Speu province. These private companies include: The first firm is “WINDARA INTERNATIONAL CO., LTD” which will invest US$5.4 million to establish a backpack factory for sleeping bags, tents, garments, and […]
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Kandal Authority Gives Closure Warning to Non-Standard Ferries
The Kandal Provincial Administration has warned any ferry businesses that they will be shut down if they do not properly implement the safety principles, according to an official meeting on 5 January. Mr Chi Sivutha, Director of Administration of Kandal Provincial Hall, said that the provincial administration had to immediately stop the usage of rudder […]
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NR5 Prek Kdam-Thlear Maam Section Opened for Traffic
The newly-renovated NR No. 5 (Prek Kdam-Thlear Maam section) has been opened for traffic on both sides, according to a press release from the Department of Public Works and Transport of Kampong Chhnang Province on 2 January. In the meantime, the NR5 section between Kampong Chhnang city from km 74 + 000 to km 115 […]
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Cambodia Builds ASEAN’s Tallest Buddha Statue
Construction of the ASEAN’s tallest Buddha statue worth over US$30 million officially started in Cambodia’s Kampot province. The ground-breaking ceremony for the statue was presided over by HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction on 4 January 2023. This project will be built in the area of […]
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Thailand to Help Set Up Modern Irrigation System in Cambodia
Experts from Thailand have shared know-how knowledge on setting up a modern and effective irrigation system with Cambodian officials and promised to help Cambodia implement the project. The matter was on the table for discussion during a 5-day trip of Cambodia’s Ministry of Water Resources and Meteorology officials to Thailand on 19-23 December under a […]
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CDC Approves 10 Projects Worth US$48.7 million in December 2022
In December 2022, the Council for the Development of Cambodia (CDC) approved 10 investment projects with a total value of US$48.7 million to establish 10 factories in Takeo, Kampong Cham, Sihanoukville, Kandal, and Phnom Penh. The first firm is QUAN MING SHUN (CAMBODIA) NEW MATERIALS CO., LTD which will invest US$6.6 million to establish a […]
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AEON3 has Fourth Largest Solar Roof Compared to All Malls in Japan
Aeon Mall Meanchey or Aeon Mall 3 of Aeon (Cambodia) Co., Ltd. has installed 1.9 MW of solar panels on the roof, or equivalent to an 8,848.21 sqm of the roof. This solar panel is the fourth largest solar roof panel compared to all the malls in Japan, according to a press release dated 2 […]
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