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ខ្មែរ Construction Focus
Cambodia Unveils Export Service Centre to Strengthen International Trade & Empower Local Businesses
- 13 November 2024
In a pivotal move to enhance Cambodia’s global trade footprint, the Ministry of Commerce officially launched the Export Service Centre (ESC) on 5 November 2024. This new initiative, dedicated to advancing Cambodian exports, aims to position local products in global markets and equip traders with essential skills and resources to compete internationally. The inauguration ceremony, led by Ministe...
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Chinese Guoxing Group Commits to Major Investments in Cambodia’s Industrial & Agricultural Sectors
- 11 November 2024
Guoxing Group, a prominent Chinese conglomerate, has reaffirmed its commitment to establishing a major industrial park in Cambodia and is actively exploring agricultural investment, particularly in the production of organic fertilisers. This announcement followed a strategic meeting between Samdech Hun Manet, PM of Cambodia, and Mr. Li Guolian, President of Guoxing Group, on 6 November 2024 in ...
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China’s Sailun Group to Launch USD 110m SEZ in Kampot Province
- 1 November 2024
Chinese tire manufacturing giant Sailun Group has announced plans to develop an industrial park named the "Cambodia Kampot Special Economic Zone Project" (Kampot SEZ) in Cambodia, backed by an impressive USD 110 million investment. The new venture will be managed by a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., established specifically to implement the Kampot SEZ project, accordin...
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South Korea’s Gyeongbuk Technopark Sets Sights on Technology Park Collaboration in Cambodia
- 30 October 2024
The Gyeongbuk Technopark Korea Innovation Centre is exploring collaboration opportunities with Cambodia’s Ministry of Industry, Science, Technology, and Innovation (MISTI) to invest in a high-tech innovation hub in Cambodia, aligning with the nation’s strategic development goals in smart agriculture, health, and green technology. This promising development was discussed on 28 October 2024 durin...
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Australia Invests USD 65 Million to Enhance Cambodia’s Economic Growth through CAPED Program
- 26 October 2024
The Australian Government has committed approximately AUD 87 million (USD 65 million) in new grant funding to the Cambodia-Australia Partnership for Sustainable Economic Development (CAPED) program, aiming to bolster Cambodia's economic resilience and growth. The announcement was made through a press release from the Ministry of Economy and Finance on 17 October 2024. The CAPED program represen...
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Royal Group Launches 900MW Natural Gas Power Plant. Worth USD1.34bn, in Koh Kong
- 18 October 2024
Royal Group Power, a division of the prominent Royal Group led by Neak Oknha Kith Meng, has officially commenced construction on a 900-megawatt natural gas power plant in Botum Sakor district, Koh Kong province. The USD 1.34 billion investment was celebrated during a groundbreaking ceremony on 16 October 2024, attended by high-ranking officials, including HE Keo Rattanak, Minister of Mines and ...
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Gov’t Pushes for Railway Expansion MoU by Year-End
- 16 October 2024
The Cambodian government has set a firm deadline for a memorandum of understanding (MoU) on the railway expansion project to be finalized before the end of 2024, as announced by Samdech Hun Manet, PM of Cambodia, during the celebration ceremony marking the 20th anniversary of Cambodia's accession to the World Trade Organisation on 14 October 2024. The PM urged the Ministry of Public Works and T...
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Mondulkiri Celebrates Inauguration of New Water Purification System Worth Over USD 150,000
- 15 October 2024
The newly completed small-scale water treatment plant project in Sen Monorom City, Mondulkiri province, valued at over USD 150,000, was officially inaugurated on 10 October 2024. The ceremony was presided over by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, alongside HE Ueno Atsushi, Ambassador of Japan to Cambodia, marking a significant step in expanding the region's c...
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China Eyes Tonle Sap Mining Opportunities & Cement Production in Kampot
- 14 October 2024
A delegation from Hubei province, China, led by Mr. Hu Jingli, Deputy Chairman of the Geographical Office, has expressed strong interest in studying natural mineral resources in Tonle Sap Lake, Siem Reap while advancing plans to invest in a cement plant in Kampot. This announcement followed a recent meeting with Siem Reap’s Deputy Governor, Mr. Di Rado, where the delegation discussed enhancing ...
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Cambodia Approves 28 New Projects in September, Attracting USD 443m Investment
- 11 October 2024
Cambodia greenlighted 28 new investment projects in September 2024, worth approximately USD 443 million, creating around 25,000 jobs across various industries. This impressive investment surge includes 26 new projects and two production expansions, positioning Cambodia as an attractive hub for both local and international investors. The Council for the Development of Cambodia confirmed the details...
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