Gov’t Approves Six Investment Projects Worth Over US$150m in PP, Kandal, Kampong Speu, Takeo & Sihanoukville Provinces

The Council for the Development of Cambodia (CDC) has approved private investments of more than US$152.6 million to establish five factories and a business center in Phnom Penh, Kandal, Kampong Speu, Takeo, and Sihanoukville. According to the Prakas of the Council for the Development of Cambodia on 5 May 2022, there are six companies that […]

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Ministry of Mines and Energy urges to convert coal-fired power plant to LNG power plant

The Ministry of Mines and Energy has been pushing for the conversion of coal-fired power plants into LNG-fired power plants, in line with Cambodia’s commitment to fighting climate changes. The remark was made by HE Suy Sem, Minister of Mines and Energy in a meeting with HE Jyri Jarviaho, the new Ambassador of Finland to […]

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6,000-Metre Avenue in Kep National Park Officially Inaugurated

A 6,000-meter-long concrete avenue named “Bopha Prasidh Avenue” around the Kep National Park has been officially inaugurated, which will serve the tourism sector in Kep province. The inauguration ceremony was held on 4 May in the presence of HE Say Sam Al, Minister of Environment, HE Cham Nimol, Secretary of State of the Ministry of […]

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Ground Broken on US$1.5 billion International Port in Kampot Province

Construction began on an international deep-sea port in Kampot province on Thursday 5 May 2022 with an investment of US$1.5 billion, which will be a major connection for Cambodia’s maritime transport. The ground-breaking ceremony for the international deep-sea port was held on 5 May under the auspices of Deputy Prime Minister HE Chea Sophara, Minister […]

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Cambodia Requests France to Study Feasibility of Rail Transport System in Phnom Penh

The Ministry of Public Works and Transport has requested the French Development Agency (AFD) to review the feasibility study of a tramway system in Phnom Penh to help reduce traffic congestion. The proposal was made during a working meeting on 3 May 2022 between HE Sun Chanthol, Senior Minister and Minister of Public Works and […]

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Foreign Direct Investment in Real Estate to Reach Nearly US$5 billion in 2021

Foreign direct investment in the real estate sector totaled US$4.9 billion in 2021, while the construction sector received an FDI investment of US$ 1.6 billion. Investment from China ranked top with a total investment value of US$18 billion, of which investment in real estate accounted for 10.7% and construction accounted for 5.2%, according to a […]

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MME & JICA to Form Roadmap for Clean Energy Transition Towards Being Carbon Neutral

The Ministry of Mines and Energy (MME) and the Japan International Cooperation Agency (JICA) have signed a minute on the implementation of a clean energy transition roadmap for Cambodia to become carbon neutral. The road map on the clean energy transition forward carbon neutrality refers to the use of clean energy, such as solar, wind, […]

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WorldBridge Group & YCH Group Enter Partnership for Development of Phnom Penh Logistics Centre

Local firm -WorldBridge Group and Singapore-based YCH Group have entered a partnership on the development of the Phnom Penh Logistics Centre. The two companies signed a memorandum of understanding on 03 May at the Ministry of Public Works and Transport in the presence of HE Sun Chanthol, Senior Minister, Minister of Public Works and Transport. […]

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Gov’t Approves Three Investment Projects Worth Over US$18m in PP & Kampong Speu

The Council for the Development of Cambodia (CDC) has given permits to 3 private firms to invest in 3 projects worth US$18.8 million in Phnom Penh and Kampong Speu. The first company is ORIENT HONGYE (CAMBODIA) KNITTING CO., LTD., investing US$3 million in building a garment factory in Phnom Penh. The second company is KYLIN […]

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Construction of First Phase of Bak Kheng Water Treatment Plant 60% Complete

The construction of the Bak Kheng Water Treatment Plant, Phase 1, is now 60% complete and is scheduled to be completed as planned, according to an announcement by the Phnom Penh Water Supply Authority on 2 May. The Phnom Penh Water Supply Authority said that by the first quarter of 2022, the first phase of […]

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