CFOCN Proposes Extensive Fibre Optic Network Installation Across Nine Cambodian Provinces

Cambodia Fibre Optic Communication Networks Co., Ltd (CFOCN) requested approval from the Ministry of Public Works and Transport to undertake a significant project involving the drilling and installation of fibre optic cables across nine major provinces. This request was discussed during a meeting chaired by Mr. Lim Sidenin, Secretary of State of the Ministry of […]

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BYD to Establish Electric Car Factory in Cambodia, Signalling Major Economic Expansion

China’s leading electric car manufacturer, BYD, is set to invest in a new car plant in Cambodia, as confirmed by Prime Minister Hun Manet during a gathering with SMEs and artisans on 27 June 2024. PM Hun Manet also mentioned that two additional companies have applied to establish factories in Cambodia, further bolstering the nation’s […]

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Progress Report: Tonle Bassac Bridge Nears 12% Completion

The bridge construction project over the Bassac River, connecting Chak Angre Krom and Prek Pra, stands at 11.63% completion, with 36 out of 156 pillars already concreted, six out of 20 template exhibits installed, and several other crucial tasks underway, according to Mr. Phorn Rim, spokesman for the Ministry of Public Works and Transport reported […]

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In four years, 36k Businesses Registered on Cambodia’s OBRP with Real Estate & Construction Leading the Way

Since the launch of Cambodia’s Online Business Registration Platform (OBRP) four years ago, 36,509 companies have registered, with the real estate sector leading the way. As of 15 June 2024, the businesses registered under this system boast a total investment capital of US$11.13 billion, with the construction and real estate sectors contributing US$1.18 billion and […]

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Kampot Unveils Giant Clock Project to Boost Tourism

The Kampot Provincial Authority is set to construct a monumental clock standing 35 metres tall, with a face nearly 10 metres in diameter, aiming to enhance the region’s tourism appeal. The announcement was made by HE Mao Thunin, Governor of Kampot Province, during the first regular meeting of the Kampot Provincial Council of the fourth […]

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Guangzhou to invest $1.4 billion to build infrastructure for flying car by 2027

Guangzhou is set to invest over 10 billion yuan (US$1.4 billion) by 2027 in the burgeoning “low-altitude economy,” targeting the development of services operating below regular commercial aviation altitudes. This substantial investment is part of China’s strategic push to invigorate its slowing economy, according to Asia.nikkei.com dated 4 June 2024. The ambitious plan involves building […]

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Groundbreaking for Bak Kheng Water Treatment Plant Phase 3, Phase 2 Inaugurated

The third phase of the Bak Kheng Water Treatment Plant has commenced construction, while the second phase was officially inaugurated by HE Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, on 25 June 2024. During the inauguration, HE Aun Porn Moniroth stated, “The commissioning of the second phase of the water […]

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Vietnamese Investments in Cambodia Reach Nearly US$3bn Across 200+ Projects

Vietnamese investors currently operate 208 projects in Cambodia, with a total registered capital of US$2.91 billion, according to a report from the Vietnamese Embassy. This positions Vietnam among the top 10 countries with the most investment projects in Cambodia. HE Nguyen Huy Taing, Ambassador of Vietnam to Cambodia, highlighted these figures during an interview with […]

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Vietnam’s Trade Ministry Requests PM’s Approval  on Cambodian Sand Imports to Address 2.3m Cubic Metres Demand

The Vietnamese Ministry of Industry and Trade has proposed to Prime Minister Phạm Minh Chính to import construction sand from Cambodia to address the country’s annual demand of 2.3 million cubic metres. This recommendation follows a feasibility study indicating Cambodia’s ability to supply sand for Vietnam’s long-term construction needs, as reported by Vietnamnews.vn on 24 […]

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World Bank Allocates US$145m to Enhance Cambodia’s Water Supply Infrastructure

The World Bank has committed US$145 million to Cambodia to support the enhancement of the country’s water supply infrastructure, a project that is expected to benefit over 113,000 people. Funded by the World Bank’s International Development Association (IDA), this initiative will be implemented over five years by the Ministry of Water Resources and the Ministry […]

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