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ខ្មែរ Construction Focus
Groundbreaking Ceremony Marks Commencement of US$138 Million Tire Factory Construction in Kratie
- 9 May 2023
In a momentous occasion for the industrial landscape of Kratie province, the construction of NEWBUSTAR (Cambodia) Tire Co., Ltd's state-of-the-art car tire factory, with a staggering investment of US$138 million, officially commenced on 9th May 2023. The auspicious groundbreaking ceremony, graced by the presence of HE Wat Thorn, the esteemed Governor of Kratie Province, and Mr. Chhay Yon Son, P...
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Dyson Unveils Ambitious US$3.4 Billion Project with Launch of Cutting-Edge Battery Plant in Singapore
- 9 May 2023
In a groundbreaking move to enhance its engineering and manufacturing capabilities, renowned British technology firm Dyson has announced the opening of a state-of-the-art proprietary battery plant in Singapore. The news, as reported by CNA on 3rd May 2023, highlights Dyson's commitment to innovation and solidifies its position as a global leader in the industry. The upcoming battery plant, stra...
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Darasakor International Port, inaugurate in this year, Set to Transform Koh Kong’s Maritime Landscape
- 9 May 2023
Amidst great anticipation, the inauguration of an internationally acclaimed seaport in Koh Kong province is fast approaching, with plans to commence operations in the middle of this year. The private-owned port, built to impeccable global standards, is set to revolutionize maritime activities in the region, bolstering trade and commerce. Led by Deputy Governor of Koh Kong Province, I Narynet, a...
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Quanta, Apple’s Manufacturing Partner, Invests $120 Million in State-of-the-Art Plant in Vietnam
- 8 May 2023
Renowned Taiwanese contract manufacturer, Quanta, responsible for producing MacBooks for tech giant Apple, has recently entered into an agreement with Vietnamese authorities to construct a remarkable factory worth $120 million. The primary purpose of this state-of-the-art facility will be to supply crucial components to Apple's diverse product lineup. Situated within the expansive 22.5-hectare ...
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Gov’t Greenlights Two Thriving Investment Projects Worth US$10.14 M, Boosting Economic Growth
- 8 May 2023
The Investment Committee of Cambodia, under the esteemed Council for the Development of Cambodia (CDC), has unveiled its endorsement of two promising investment ventures, totaling an impressive sum of over US$10.14 million. These ventures will usher in the establishment of factories in the vibrant provinces of Kampong Speu and Phnom Penh, as officially announced by the CDC on May 5, 2023. The f...
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Massive Infrastructure Investments, at Least US$13.8b, Crucial for Asia’s Economic Growth, Asian Development Bank Urges
- 6 May 2023
The Asian and Pacific region is standing at a critical juncture, as the Asian Development Bank (ADB) emphasizes the urgent need for substantial infrastructure investments to sustain economic growth, alleviate poverty, and combat climate change. A recent report released by the ADB on April 02, 2023, reveals that an estimated investment of $13.8 trillion or $1.7 trillion annually from 2023 to 2030 i...
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Cambodia and Japan Plan to Establish More Private Business Centers as Trade Volume Exceeds US$2.4 Billion
- 5 May 2023
The bilateral trade volume between Cambodia and Japan is set to surpass US$2.4 billion in 2022, prompting discussions to establish more Cambodian private business centers by 2023. This was announced during the opening ceremony of the "Cambodia Expo 2023" event held in Tokyo on May 3, 2023. According to HE Chhuon Dara, Minister Delegate to the Prime Minister and Secretary of State of the Ministr...
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Exclusive Bus Lines Launched by Government for Seamless Access to Phnom Penh’s Spectacular SEA Games
- 5 May 2023
To ensure hassle-free transportation for national and international visitors attending the highly anticipated 32nd Southeast Asian Games and the 12th ASEAN Para Games 2023, the Phnom Penh Capital Administration has introduced two dedicated express bus lines. This announcement, made on 5 May 2023, underscores the government's commitment to providing convenient and efficient travel options during th...
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JICA funds US$167 M to Advance Rural Connectivity with Over 500km Road Improvement Project
- 5 May 2023
The Government of Japan, through the Japan International Cooperation Agency (JICA), is poised to inject US$167 million into funding projects aimed at enhancing the quality of over 500 kilometers of rural roads across four targeted provinces in northwestern Cambodia. The plans were unveiled by HE Ouk Rabun, Minister of Rural Development, and Mr. Sanui Kazumasa, the newly appointed President of JICA...
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Australia Collaborates with Cambodia to Establish Groundbreaking Agri-Food Industrial Park for Enhanced Competitiveness
- 5 May 2023
In a groundbreaking partnership, Australia is teaming up with Cambodia to establish the country's first Agri-Food Industrial Park (AIP) with the aim of enhancing market competitiveness. The Australian Embassy officially announced this significant collaboration on 3 May 2023 through their official Facebook page. The Agri-Food Industrial Park will serve as a hub for Agri-Food processing, research...
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