Cambodia’s Iron and Steel Imports Jump 11% to US$93 Million in Q1 2023
Cambodia’s imports of iron and steel amounted to US$93 million in the first quarter of 2023, up 11% from the same period last year. The two products were included in the list of top 20 commodities imported in March 2023, according to the General Department of Customs and Excise, The import of iron and steel […]
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Chinese Mining Company to Launch Gold Production in Mondulkiri Province
Rong Cheng Industrial Investment Co., Ltd., a Chinese-based company, is set to commence gold exploration and refining in Mondulkiri province after completing its production infrastructure. According to HE Sorn Sarun, Deputy Governor of Mondulkiri Province, the company has been granted a legal license to explore gold ore in the province, and has already conducted test […]
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New Road Connecting Monivong Bokor National Park to NR4 Completed 100%
A new road connecting Monivong Bokor National Park to National Road No. 4 has been completed 100% as of 9 April 2023. According to the direct inspection of the construction site by Duke Dr. Sok Kong on 1 April 2023, the road with a total length of 61 km is expected to open soon. The […]
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Mondulkiri Boasts Over 850K Km of Provincial Roads, Connects Towns and Districts
Mondulkiri Province has achieved a remarkable milestone in infrastructure development with the construction of over 850,000 kilometers of provincial roads as of 6 April 2023, according to HE Sorn Sarun, Deputy Governor of Mondulkiri Province. During a press conference on the “Success in the past 5 years” of Mondulkiri Provincial Administration, HE Sorn Sarun highlighted […]
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Gov’t takes serious action to resolve stagnant projects in Sihanoukville
The Cambodian government has unveiled a comprehensive package of measures aimed at restoring investor confidence and stimulating market demand for resolving stagnant investment projects in Sihanoukville. In a letter No. 356 from the Office of the Council of Ministers dated 29 March 2023, the government outlined a specific action plan and defined the scope of […]
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AEON 3 Mall worth US$290 million officially opened
AEON (Cambodia) Co., Ltd. has opened its third shopping mall, AEON Mall Meanchey, located on Samdech Techo Blvd. in Phnom Penh. The grand opening ceremony was held on 7 April 2023, with HE Dr HUN Manet in attendance. After four months of trial operation, the mall is officially open to the public. The AEON 3 […]
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Prince Group Announces Plans for 88-Meter-High Buddha Statue in SHV
Canopy Sands Development Co Ltd, a subsidiary of Prince Holding Group, has announced plans to build an 88-meter-high Buddha statue in Ream Commune, Preah Sihanouk Province. The statue, which will be the third project of its kind, is part of the company’s ongoing efforts to promote Khmer culture and architecture in Cambodia. This 88-meter-long Buddha […]
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Trust Sector in Cambodia on Track to Reach US$1 Billion Capital Registration by End of 2023
The Trust Regulator (TR) in Cambodia has announced a positive outlook for the country’s trust sector, with a projected capital registration of more than US$1 billion by the end of 2023. As of March 2023, the total capital registered by the TR had already reached US$940 million, with 512 trusts registered. According to TR Director-General […]
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Rattanakiri Province Attracts 27 Private Companies for ELC Investment, 85% Vietnamese based
Rattanakiri province, with its favourable geographical and climatic conditions, has attracted a total of 27 private investment companies in the past five years to invest in economic land concessions (ELC), covering over 110,000 hectares. Over 85% of these companies are Vietnamese-based, according to Rattanakiri Provincial Governor HE Nhem Samoeun. Director of the Provincial Department of […]
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Cambodia Produces 6 Tons of Gold from Mondulkiri So Far
Cambodia’s first commercial gold miner, Renaissance Minerals (Cambodia) Ltd, has so far refined a total of 6,000 kg of gold ore in the Okvau area of Mondulkiri province’s Keo Seima district, according to HE Sorn Sarun, Deputy Governor of Mondulkiri Province. In a press conference on “Success in the past 5 years” of Mondulkiri Provincial […]
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The Gov’t plans to build a large water treatment plant to supply three provinces in eastern Cambodia
China Civil Engineering Corporation (CHINA CIVIL ENGINEERING CONSTRUCTION CORPORATION) is currently studying the feasibility of building a large water treatment system to supply three major provinces in eastern Cambodia and will be completed by the end of May, according to the meeting between His Excellency Senior Minister Cham Prasidh and the delegation of CCECC on […]
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Over 32K Land Titles Registered in Ratanakiri Province in the Past 5 Years
The land administration sub-sector in Ratanakiri province has achieved a significant milestone in the past five years, registering more than 32,000 plots through systematic land registration. According to Mr. Ly Usaphea, Director of the Department of Land Management, Urban Planning, Construction, and Cadastral Affairs of Ratanakkiri Province, the registration covers 23 villages in one city […]
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