Construction Focus
As Takhmao Techo International Airport achieves 55%, New Phnom Penh Expressway Connection Confirmed
Progress on the construction of the Techo Takhmao International Airport project is currently at 55% with work to date consuming over 50% of the estimated US$1.5 billion project value. The airport is scheduled to commence operations in early 2025, marking a significant milestone in Cambodia’s infrastructure development. Loak Okhna Charlves Vann, Director of Cambodia Airport […]
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Grand Unveiling: Siha Hotel & Casino, Malaysia’s US$50m Marvel, Shines in Sihanoukville
On 3 December 2023, Siha Hotel and Casino, a lavish investment worth US$50 million nestled in Group 14, Village 1, Sangkat 3, Sihanoukville, was inaugurated by HE Kouch Chamroeun, Governor of Preah Sihanouk Province. Expressing admiration for Malaysia’s significant investment in Sihanoukville’s hospitality sector, HE Kouch Chamroeun highlighted the strategic decision by Malaysian investors to […]
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China’s Guangzhou Youdi Biotechnology Explores Opportunity of Establishing Visionary Medical Industrial Zone in Cambodia
Embarking on a strategic initiative, Guangzhou Youdi Biotechnology, a renowned medical company hailing from Guangzhou, China, has expressed its keen interest in delving into the prospect of establishing a cutting-edge medical industrial zone within Cambodia. The proposal unfolded during a meeting on 4 December 2023, between HE Sun Chanthol, Deputy Prime Minister and First Vice […]
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ADB’s $2.4M Boost to House State-of-the-Art Chuon Nath Library, Largest in Cambodia
The Asian Development Bank (ADB) has allocated a generous sum of US$2.4 million for the construction of the Chuon Nath Library at the National Institute of Education. The groundbreaking ceremony, led by HE Dr Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth, and Sports, took place on 29 November 2023. The initiative, […]
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US Commits US$4m Over Two Decades to Phnom Bakheng Temple Restoration
Embarking on a steadfast commitment to cultural preservation, the United States Ambassadors Fund for Cultural Preservation (AFCP) has, since 2004, extended unwavering support to the World Temple Fund (WMF) for the restoration of Cambodia’s iconic Phnom Bakheng temple. Since 2004, eight grants amounting to a commendable US$4 million have been allocated for conservation endeavors, with […]
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Ambitious Reusable iSpace Chinese Rocket Test Successfully Launched
China’s leading private space company, Beijing Interstellar Glory Space Technology Ltd., commonly known as iSpace, achieved a milestone on 2 November 2023 according to Space News. The company successfully launched and safely landed a test article known as the Hyperbola-2Y single-stage hopper at the Jiuquan Satellite Launch Centre, a significant step towards China’s ambition to […]
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CDC Approves Construction of Five New Factories Valued at US$35.3M in Three Provinces & Phnom Penh
The Council for the Development of Cambodia (CDC) has given the green light to five companies for the establishment of new factories, with a combined investment of US$35.3 million. These ventures are expected to generate 8,761 job opportunities for residents in Takeo, Kampong Speu, Kandal, and Phnom Penh, according to the CDC on 30 November […]
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CTF & WWF Spearhead Solar Energy Drive to Boost Cambodia’s Tourism Sector
The Tourism Federation of Cambodia (CTF) and the World Wildlife Fund (WWF) are championing the widespread adoption of rooftop solar energy to propel Cambodia’s tourism industry into a greener future. This joint initiative, in alignment with the Ministry of Tourism’s recent revelation of a nearly threefold increase in international tourist visits in the first eight […]
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Gov’t Approved US$65.5m Solar Power Plant in Svay Rieng
The Council for the Development of Cambodia (CDC) has officially endorsed the registration of “SCHNEITEC VIBRANT CO., LTD” for a pioneering project – the construction of a US$65.5 million solar power plant in Svay Rieng province, according to the CDC on 30 November 2023. The proposed solar power plant, set to be established in Kandal […]
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Gov’t Greenlights Seven Cutting-Edge Factories Injecting US$ 32.9M and 3,470 Jobs in Svay Rieng & SHV
The Council for the Development of Cambodia (CDC), has sanctioned the registration of seven innovative companies set to establish factories with a combined investment of US$32.9 million. This strategic initiative is poised to generate a robust employment boost, creating 3,470 job opportunities for the local workforce in Svay Rieng and Sihanoukville, according to the publication […]
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