Progress Update: NR 33 Rehabilitation Project Reaches 33.39% Completion

The ambitious endeavor to restore and enhance the quality of NR No. 33 has reached a completion milestone of 33.39%, according to the site visit conducted by HE Pal Chandara, Secretary of State of the Ministry of Public Works and Transport, and the technical working group of China Road Bridge Corporation (CRBC) on July 13, 2023. Significant accomplishments thus far include clearing and preparin...

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Gov’t Forms Special Working Group to Accelerate Phnom Penh-Siem Reap Expressway

The Cambodian Government has taken decisive action by establishing an inter-ministerial commission through decision No. 52 pillar, dated July 11, 2023. Comprising 26 members, including the Minister of Public Works and Transport, this special working group aims to drive the implementation of the Phnom Penh-Siem Reap Expressway infrastructure project. The newly formed task force holds key respons...

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Cambodia’s Iron and Steel Imports Surge to $192 Million in H1 2023, Jump 3.4 %

Cambodia’s imports of iron and steel reached an impressive $192 million in the first half of 2023, marking a significant 3.4% increase compared to the same period last year. These two essential commodities have secured their place among the top 20 imported goods, as stated in the General Department of Customs and Excise report released on 10th July 2023. Iron and steel imports accounted for 1.6...

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Cambodian Investment Landscape Flourishes with New Multi-Million Dollar Factories in Strategic Locations

The Council for the Development of Cambodia (CDC) has granted registration certificates to four pioneering companies, marking a significant milestone in the country's thriving investment landscape. With a combined investment capital of approximately US$26.7 million, these ambitious ventures are poised to establish four state-of-the-art factories, generating an impressive 3,304 employment opportuni...

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Nearly US$1.1 Billion Investment Projects Approved by CDC 1H 2023, Fueling Economic Growth in Cambodia

The Council for the Development of Cambodia (CDC) has greenlit an impressive array of 113 investment projects and expansions in the first half of 2023, boasting a staggering total capital investment of approximately US$1.1 billion. This momentous milestone not only showcases the country's robust investment climate but also signals its steadfast commitment to fostering sustainable economic growth a...

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505 elephant roundtable in Pursat province officially inaugurated

The grand inauguration ceremony of the awe-inspiring 505 Elephant Roundabout, situated at the intersection of National Road 55 and National Road 10 in Bramoy Commune, Veal Veng District, Pursat Province, marked a momentous occasion in the province's history. Under the presidency of HE Suy Sem, Minister of Mines and Energy, the 505 Elephant Roundabout was officially inaugurated on 25 June 2023, ...

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Monivong Flyover Project Progresses: 25% Completion and Bridges Installed

The Monivong flyover construction project has reached a significant milestone, with approximately 25% of the work completed as of July 11. This update comes from Mr. Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, in an interview with local newspaper BTV on July 11, 2023. The construction site is currently active along the 60-meter road in the N1 and N2 areas...

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Gov’t Approves Five New Investment Projects Valued at US$50.7 Million, Boosting Economic Development

The Council for the Development of Cambodia (CDC) has granted registration certificates to nine prominent companies, marking the approval of five new investment projects across three provinces. With a cumulative investment of US$50.7 million, these ventures are poised to create approximately 13,722 job opportunities for local residents, further strengthening Cambodia's employment sector. The CDC's...

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Techo International Airport Nears Completion as Connecting Road 50% Progresses

The highly anticipated Techo International Airport, a remarkable project by OCIC, is swiftly taking shape, with construction progress reaching significant milestones. As of June 2023, the airport construction has surpassed the halfway mark, standing at an impressive 50 percent completion. Concurrently, the connecting road, spanning 13.5 kilometers and measuring 60 meters in width, has reached 46 p...

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Gov’t Invests $2 Million in New Road Linking Two Districts in Kampong Thom

Cambodian government has allocated approximately $2 million to construct a rubber road spanning 12 kilometers and connecting the Prasat Balong district to the Prasat Sambo district in Kampong Thom province. The newly constructed road, a total length of 12 km and 400 meters and a width of 7 meters, currently undergoing the soil pouring and drainage process, is poised to serve as a vital transpor...

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