Construction Focus
Indonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion
In a significant diplomatic engagement, HE Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on 6 March 2025. Ambassador Damosumato's remarks come on the heels of a n...
Read MoreJapan Enhances Cambodia’s Development with Significant Aid Package
In a remarkable commitment to bolster socio-economic progress in Cambodia, the Japanese government has announced a generous grant of 404 million yen, which is approximately USD 2.9 million. This funding aims to support a range of important development projects that will positively impact communities throughout Cambodia. The official signing ceremony took place on 27 February 2025, with HE Deput...
Read MoreChina Invests Nearly USD 300 million to Build Glove Factory in Svay Rieng Province
Nex Healthcare Co., Ltd., a world-class Chinese company, has invested approximately USD 273 million to officially open a factory for the production of gloves (PVC and rubber) and medical equipment in the Qilu Special Economic Zone, Svay Rieng province, on 2 March 2025. During the ground-breaking ceremony for the factory, HE Chea Vuthy, Secretary General of the Committee for Investment...
Read MoreADB Announces Ambitious Expansion of Financing to Tackle Regional Challenges
In a significant move to bolster development across the Asia-Pacific region, the Asian Development Bank (ADB) has unveiled plans to increase its annual financing capacity from USD 24 billion in 2024 to an impressive USD 36 billion by 2034. This 50% expansion aims to enhance ADB's ability to address pressing regional issues and promote sustainable growth. In a press release on 18 February 2025, ...
Read MorePhnom Penh Autonomous Port Sees Significant Increase in Container Traffic & Revenue
The Phnom Penh Autonomous Port has reported remarkable growth in container traffic and overall operations for January 2025. The port handled over 40,000 TEUs (twenty-foot equivalent units) of containers, reflecting an astonishing increase of nearly 50% compared to last year. According to the preliminary business performance report released by the port authorities, the port recorded 44,379 TEUs ...
Read MoreProgress Accelerates on Cambodia-Korea Friendship Bridge Construction
The government is speeding up the construction of the Cambodia-Korea Friendship Bridge, with active site preparations underway. The Ministry of Public Works and Transport has directed technical teams from the Electricity of Cambodia and Yooshin Joint Venture to enhance their engineering and technical studies to prevent power outages during construction. On 25 February 2025, Undersecretary of...
Read MoreCambodia to Expand Industrial & Economic Zones by 2024
As part of its ongoing economic development strategy, Cambodia is poised to have a total of 20 industrial parks by 2024, with operational factories situated across five capital cities and provinces. This expansion represents an increase of three industrial parks, or 17.65%, compared to the previous year, according to the 2024 Work Results Report and the 2025 Work Directions published by the Minist...
Read MorePhilippines Eyes Cambodian Partnerships for Infrastructure Boom
In a significant move towards enhancing infrastructure development, San Miguel Corporation, one of the Philippines' largest conglomerates, is actively seeking partnerships with Cambodian firms. This initiative was highlighted during a meeting between Philippine Prime Minister Hun Manet and San Miguel Corporation Chairman and CEO Ramon S. Ang on 10 February 2025. San Miguel Corporation, renowned...
Read MoreCambodia Enhances Investment Climate with Adoption of 21 International Standards
Cambodia is taking significant strides to boost its economy and attract foreign investment by adopting 21 new international standards as national standards. This pivotal decision was made during the National Standards Council’s 30th meeting on 30 January 2025, which focused on reviewing and approving key standards across various sectors. The adoption of these standards aligns with the ASEAN ini...
Read MoreProgress Report on National Road 5: Final Section Construction Updates
As of early February 2025, significant progress has been made on the final section of National Road 5, stretching from Seri Sophon to Poipet. With a total length of 35.14 kilometers, this crucial infrastructure project is currently 29% complete and is on track for completion in 2026. HE Phon Rim shared the update as the Ministry of Public Works and Transport spokesperson during a press briefing...
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