Three Investment Projects Worth US$14.1m Approved for SHV & Kandal
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest US$14.1 million in establishing three factories in Sihanoukville and Kandal province. The first firm is CHENG ZHEN YONG INDUSTRY CO., LTD, which will invest US$5.2 million to establish a shoe accessories factory located in Chak village, Bek Chan commune, […]
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Pestech’s Subsidiary Disposes of Transmission System Project in Cambodia
Pestech International Bhd’s subsidiary is disposing of a transmission system project in Cambodia for US$118 million, reported the Edge Market. Pestech said its 60% indirect-owned subsidiary Diamond Power Ltd (DPL) has signed an agreement with Cambodian Transmission II Co Ltd (CTL II), a wholly-owned subsidiary of Leader Transmission Ltd, to dispose of the 230kV Kampong Cham-Kratie […]
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220,000ha of Rice Fields Nationwide Affected by Flood
A total of 220,000 hectares of rice paddies across the country in 22 provinces were affected by the floods, according to the National Radio of Cambodia on 23 October. According to a report by the Ministry of Agriculture, of the more than 220,000 hectares affected, 110,000 hectares of rice fields were completely damaged, while 70,000 […]
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Chinese Company wants to set up an electric car assembly plant in Koh Kong
China Matrix Technology Group-Horche Intelligent Automobile aims to invest in industrial technology by setting up a factory and assembling electric vehicles in Koh Kong province. This is according to the meeting through the online system on October 22, 2022. The meeting focused on building good relations so that Chinese investors can come to understand the […]
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Gov’t Issues New Guidelines Scrutinising Casino Businesses
The Commercial Gambling Management Commission of Cambodia (CGMC) 20 October issued new guidelines to further regulate casino businesses in Cambodia. According to the announcement, the summary of the guidelines includes: Casino operators must apply for a license or renew the casino license with CGMC or face legal action. Licensed casino operators can operate a casino […]
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Two Ring Road Constructions Worth US$140m Planned for Siem Reap
The Cambodian government plans to build two ring roads in Siem Reap city, the northern ring road and the southern ring road, to facilitate traffic in Siem Reap province. The study of the two ring roads has been recently completed, and the construction will proceed under a concessional loan from development partners, Prime Minister Samdech […]
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Gov’t Reallocates Over 10,000ha of Land from Battambang to Pailin Administration
The Battambang and Pailin provincial administrations have agreed to reallocate over 10,000 hectares in the Samlot and Kamrieng districts from Battambang administration to be under the administration of the Pailin provincial administration. According to a meeting between Battambang and Pailin administrative officers on 19 October, the land reallocation was made in accordance with the order […]
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PM: No charge for electricity connection fee in Run Ta Ek & Peak Snaeng Development Zone
Prime Minister Samdech Hun Sen has ordered Electricité du Cambodge (EDC) to not charge the electricity initial connection fee to the people living in the Run Ta Ek and Peak Snaeng developments to help ease the expense of moving to a new place. Speaking at the third meeting with local people on 21 October, PM […]
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PM Orders to Move Two District Halls to Newly-Developed Areas
Prime Minister Samdech Hun Sen has asked authorities to relocate two district halls in the Apsara area, where construction was banned, to the new development areas in Preak Snaeng and Run Ta Ek. Speaking at a get-together with almost 2,000 families in the Run Ta Ek development area of Banteay Srei district, PM Hun Sen […]
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Cambodia Urges Chinese Firm to Expand Real Estate Investment in Cambodia
The Ministry of Commerce has asked Sunwah Property (Cambodia), a subsidiary of Hong Kong-based Sunwah Group, to expand its investment in the real estate sector in Cambodia besides other successful businesses the firm operating in Cambodia. The request was made by HE Kem Sithan, Permanent Secretary of State of the Ministry of Commerce, in a […]
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Cambodia-Korea Friendship Arey Ksat Bridge in Phnom Penh to be Built in 2023
The Cambodia-Korea Friendship Bridge crossing the Mekong River from the night market to Chroy Changva and Arey Ksat, is set to begin construction in 2023, according to HE Khuon Sodary, Second Vice President of the National Assembly. HE Khuon Sodary said during a meeting with a delegation from Kyungyu, Republic of Korea, on 19 October […]
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PM: Residents of Run Ta Ek to Get Full Hard Titles, Not Social Concessional Titles
People who relocated from Angkor Park to Run Ta Ek and Peak Sneng will receive full hard title deeds, not social concessional ownership documents, according to Samdech Prime Minister Hun Sen. PM Hun Sen gave this order during the site inspection on 21 October, asking the Ministry of Land to conduct the systematic land registration […]
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