43km Road Connecting Prey Nup to Sihanoukville Officially Inaugurated

The Cambodian government has officially inaugurated the new 43km road connecting Prey Nup district to Sihanoukville which has been built and renovated under the national budget of about US$76 million.  The official inauguration ceremony was held under the presidency of Cambodia Prime Minister Samdech Hun Sen on 22 December.  The road is divided into two […]

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World Bank Provides US$274m in Loans to Revive Cambodia’s Economy

The World Bank (WB) has provided an additional US$274 million in loans to help the Cambodian economy recover from the recent crisis, according to a press release from the World Bank on 20 December.  The loan is provided by the International Development Association (IDA), a World Bank fund to help poor countries, with an additional […]

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Korea Hands Over National Logistics Information Portal to Cambodia

The Government of the Republic of Korea on 20 December handed over the National Logistics Information Portal to Cambodia.  The system was submitted to the Ministry of Public Works and Transport by Dr Kim Jong-hak, Senior Researcher of KRIHS Institute, Representative of the Ministry of Land, Infrastructure and Transport of the Republic of Korea, as […]

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Cambodia’s Largest Power Plant Officially Goes Online

A 700-megawatt coal-fired power plant in Sihanoukville has officially launched after a successful testing, according to a Chinese media report on 17 December.  The plant is a joint venture between Cambodia International Investment and Development Group (CIIDG) and China Huadian Hong Kong Co Ltd (CHDHK) worth US$1.2 billion. (Read more) Located in Stung Hav district, […]

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ASEAN needs US$2 trillion for regional infrastructure connectivity

The ASEAN Community needs at least US$2 trillion in investment from now until 2030 to connect infrastructure in the region. The statement was emphasized by Cambodian Prime Minister Samdech Hun Sen during the ASEAN-EU Anniversary Summit on 14 December. PM Hun Sen stressed that it is important to promote a strong synthesis between the Master […]

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S. Korea Mulls Building Waste-to-Energy Plant in Cambodia

The Republic of Korea has sought support from Cambodia’s Prime Minister Samdech Hun Sen on the plan to build a waste-to-energy power plant in Cambodia.  The request was made by HE Park Heung Kyeong, Ambassador of the Republic of Korea to Cambodia, during a courtesy call on 19 December.  The project is an investment by […]

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CMAC to Build World’s Largest Mine Museum in Siem Reap

The Cambodian Mine Action Authority (CMAC) is preparing to build a peace museum on 12 hectares of land in Siem Reap under a grant from the Japanese government totalling nearly US$20 million.  HE Heng Ratana, the Royal Government delegate in charge of the Director General of the Cambodian Mine Authority, told Construction & Property Magazine on […]

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Thailand, Korea Mulls Hydropower & Clean Energy Investment in Cambodia

Thailand’s largest company CP Group and Cambodia’s Soma Group have considered investing in hydropower and clean energy projects in Cambodia, while the Republic of Korea’s power sector developer also expressed interest in investment in Cambodia’s power sector.  According to Cambodian Prime Minister Samdech Hun Sen on 17 December, all investors expressed their intention to invest […]

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Japan Provides Fund to Conserve Bayon Temple

The Government of Japan has provided a grant of US$520,847 for the conservation and restoration of the Bayon temple while providing a total of over US$28 million under the JASA project since 1994 for similar purposes.  During the 29th Plenary Meeting of the ICC-Angkor, there were also two MoUs signed been Japan and the Apsara […]

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Gov’t Approves 116 Non-SEZ Investment Projects & Over 3,000 Construction Projects in 10 Months

During the first 10 months of 2022, the Cambodian government approved 116 non-special economic zone investment projects, an increase of 24 projects. During the same period, 3,407 construction projects were also approved, a decrease of 191 projects, according to a report on socio-economic trends of the Ministry of Economy and Finance issued on 13 December.  According […]

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