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ខ្មែរ Construction Focus
Ground-breaking Ceremony for Mekong Key City in Areyaksat Marks a New Era in Cambodian Urban Development
- 17 December 2024
The Cambodian government has officially commenced construction on the ambitious Mekong Key City project, a transformative satellite city spanning over 200 hectares along the eastern bank of the Mekong River. The ground-breaking ceremony, held on 17 December 2024 and presided over by PM Hun Manet, signals the start of a development poised to redefine the urban and economic landscape of Areyaksat. ...
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50 Korean Companies to Invest in Cambodia’s Priority Sectors, Boosting Bilateral Economic Ties
- 14 December 2024
In a landmark development for Cambodia’s economic landscape, fifty Korean Industrial Confederation (KIAF) companies have expressed their intention to invest in the country’s priority sectors. This announcement followed a high-level meeting between Cambodian PM Hun Manet and KIAF chairman Marn-Ki Jeong, held on 13 December 2024. The visit was part of a broader initiative to explore strategic inv...
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Sihanoukville Attracts USD 487 Million in Investment with 48 New Projects
- 13 December 2024
Sihanoukville’s economic transformation is gaining momentum, with the Cambodian government approving 48 new investment projects worth USD 487 million. These initiatives, announced by the Investment Promotion Working Group on 3 December 2024, are set to receive special incentives to stimulate local economic growth and business development. The projects comprise 16 initiatives aimed at repurposin...
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Cambodia to Establish 230 Model Villages by 2028 as Part of Rural Development Strategy
- 12 December 2024
The Ministry of Rural Development has unveiled a visionary plan to develop 230 model villages throughout Cambodia by the end of 2028, an initiative to transform rural communities through sustainable and inclusive growth. The announcement was made on 10 December 2024 during a certificate-awarding ceremony recognizing 30 exemplary villages for meeting high development standards. HE Chhay Riths...
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Twin Flyover Construction in Phnom Penh Reaches 25% Completion, Targeting June 2025 for Full Operation
- 12 December 2024
The construction of twin flyovers along Phnom Penh’s 60-metre boulevard at the intersection of National Road 2 has achieved 25% completion, a significant milestone for the project designed to enhance connectivity between Phnom Penh and Kandal province. This progress, reported by HE Keut Chhe, Deputy Governor of Phnom Penh, was shared on 10 December 2024, marking six months since the project's i...
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Siem Reap Angkor International Airport Welcomes 1.3 Million Passengers, Targets 2 Million in 2025
- 7 December 2024
Siem Reap Angkor International Airport has welcomed over 1.3 million passengers in the first 11 months of 2024, with projections set to reach 1.4 million by the end of the year, marking a promising recovery in Cambodia’s tourism and aviation sectors. This milestone was shared by Lu Wei, Chairman of the Board of Directors of Siem Reap Angkor International Airport, during a meeting with HE Hem Va...
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Vietnam Surpasses China as Cambodia’s Top Foreign Investment Rankings with Over USD 557 Million
- 6 December 2024
Vietnam has emerged as Cambodia's top foreign investor, accounting for 51.08% of total investment capital as of November 2024, surpassing China’s 24.26% share. Cambodian investors contributed 14.49%, marking a significant shift in the nation’s investment landscape. The figures were revealed in a recent Council for the Development of Cambodia (CDC) report on 1 November 2024, highlighting 43 new ...
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Cambodia Extends Incentives to USD 40 Million Steel Manufacturing Project in Sihanoukville
- 4 December 2024
The Cambodian government has granted special incentives to Huale Steel (Cambodia) Co., Ltd., a steel manufacturing company in Sihanoukville, with an investment capital of USD 40 million. This decision was finalized during a meeting led by HE Dr. Hean Sahib, Chairman of the Investment Promotion Working Group for Sihanoukville Province, on 25 November 2024. The company, which received its registr...
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Royal Railway Receives First Shipment of 221 Flat Wagons to Enhance Cambodia’s Rail Freight Services
- 3 December 2024
Royal Railway Plc, a subsidiary of the Royal Group, has delivered 60 new flat wagons, the first shipment in a larger order of 221 wagons from China. The wagons, which arrived on the evening of 1 December 2024, are part of the company’s ongoing effort to expand its rail freight capabilities, providing improved logistics solutions across Cambodia and the region, according to a press release issued o...
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NR 31 Rehabilitation Project Achieves Full Completion
- 30 November 2024
The rehabilitation and upgrade of Cambodia’s NR 31, spanning 53 kilometers, has reached 100% completion, marking a major milestone in the nation’s infrastructure development. The project, connecting Bek Kous at the NR 3 intersection to Kampong Trach district town and linking with NR 33, was officially announced as completed on 28 November 2024. This achievement was confirmed during a site inspe...
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