CDC Approves 12 New Projects Worth US$167.9m to Build 5-Star Hotel & New Factories in Six Provinces

The Board of Investment of Cambodia, operating under the CDC, has given the green light to a number of companies to establish a five-star hotel in the heart of Phnom Penh and to set up a series of expansive factories across the nation, strategic investments totaling US$167.9 million. This surge in investment is poised to not only invigorate Cambodia's economy but also create a staggering 22,788 em...

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Elon Musk’s Hyperloop Vision: Revolutionizing Travel Faster Than Sound in Next Decade

In a groundbreaking leap towards revolutionising transportation, Elon Musk's hyperloop concept is hurtling closer to reality. With a triumphant human test ride successfully conducted in November 2020, the horizon for its realisation could be less than a decade away, according to BusinessInsider on 23 July 2023. The genesis of the hyperloop's popularity traces back to 2013, ignited by Elon Musk'...

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15 Indian Tech Companies Seek Collaborative Ventures in Cambodia’s Thriving Market

In a bold move towards global cooperation, 15 leading technology enterprises from India are actively pursuing investment partnerships with their Cambodian counterparts. The much-anticipated event organised Embassy of India in Cambodia took place on 24 August 2023. Representing a comprehensive spectrum of technological prowess, the Indian contingent comprises visionary entities specializing in a...

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Battambang Authorities Embark on 5,000m Canal Restoration Project to Mitigate Urban Flooding

In an ambitious bid to tackle urban flooding, the Battambang provincial authorities have unveiled a visionary plan to rejuvenate the Kampong Seima canal. Stretching over an impressive 5,000 meters, this significant waterway will undergo a transformation, complemented by the construction of 2-meter-wide box drains. The project, announced during a pivotal meeting on 21 August 2023, will alleviate fl...

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US$3bn Buddhist Peace Culture Centre to be Built in Siem Reap

An awe-inspiring project that embraces serenity, spirituality, and global unity is set to grace the vibrant landscapes of Siem Reap province in December this year. Spanning an expansive 288 hectares with an estimated budget of approximately US$200 million, augmented by ancillary infrastructure investments reaching a sum of US$3 billion, the Buddhist Peace Culture Centre's inception heralds an inve...

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Charting a Transit Revolution: Siem Reap’s Light Rail Dream Gains Feasibility Study Momentum

The grand vision of introducing a modern light rail system to Siem Reap inches closer to reality as the project advances into the crucial phase of data collection and impact assessment. A consultative meeting held on 23 August 2023, between Siem Reap provincial authorities and China Metro, a Chinese infrastructure company, marked another milestone in the journey toward revolutionizing the city's t...

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Save The Lives to Build Sustainable Plastic Cement Brick Factory in Siem Reap

A groundbreaking initiative poised to redefine waste management and environmental sustainability is taking shape in Siem Reap. Save The Lives (Cambodia) Co., Ltd, a trailblazing entity in the realm of social responsibility, is set to establish an innovative urban solid waste recycling plant on over 5 hectares of land. The vision to convert waste into plastic cement bricks is gaining momentum, alig...

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Eternal Splendour Revived: APSARA Authority’s Restoration of Preah Khan Temple

The APSARA Authority has embarked on the second phase of the meticulous restoration of Preah Khan temple while preserving the ancient architectural style. Building upon the triumphant completion of the initial phase in October 2022, this endeavor reflects Cambodia's enduring commitment to preserving its cultural heritage. The Ministry of Culture and Fine Arts unveiled their plan in an authoritativ...

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Samrong Blvd. Connecting NR5 to Ring Road3 Officially Inaugurated

Samrong Blvd., situated adjacent to Samrong Village Borey in Khan Prek Pnov, Phnom Penh, was officially inaugurated on Monday 21 August presided over by Samdech Hun Sen, Hosting Prime Minister of Cambodia, and Samdech Kittipritthbandit and attended by HE Khuong Sreng, Governor of the Board of Governors of Phnom Penh. The newly unveiled infrastructure, spanning 5.2km and boasting a width of 30 m...

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Thai Energy Giant Set to Invest US$100 Million in Cambodian Oil Depot

A well-known Thai gas company SET-Listed PTT Oil and Retail (OR) is poised to infuse approximately US$100 million into the construction of a substantial oil depot in Cambodia. This bold venture, announced by Chairman and CEO Disathat Panyarachun, comes as a testament to OR's commitment to both Cambodia's economic resurgence post-pandemic and its overarching expansion strategy. The genesis of th...

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