Local News
Singaporean Real Estate Firm Acquires 3.5 Hectares of Land on Koh Norea
Singapore real estate company AKRAM Development Co., Ltd has acquired 3.5 hectares of land on Koh Norea with plans to turn it into a new landmark property. Touch Samnang, Deputy General Director of OCIC, said on August 15 that the two companies had recently signed the sale & purchase agreement for 3.5 hectares of land. […]
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Giant Thai Tech Firm to Establish Advanced Technology Training Institute in Cambodia
Thailand’s SNC company plans to set up an advanced technology training institute to support Cambodia’s fourth industrial revolution. According to the Ambassador of Cambodia to Thailand HE Ouk Sophoran during a business tour on 13 August, the institute will help develop human resources and increase Cambodia’s competitiveness in attracting foreign direct investment. During a study […]
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Three Investment Projects Worth US$15.7million Approved for K. Speu & Phnom Penh
The Council for the Development of Cambodia (CDC) has approved the plans of three private firms to invest US$15.7 million in building three factories in Kampong Speu and Phnom Penh. The first firm is JADE FASHION (CAMBODIA) GARMENTS COMPANY LIMITED, which will invest US$5.3 million to establish a garment factory in Chung Ruk village, Sangkat […]
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MISTI Drafting Law on Water Supply Management
The Ministry of Industry, Science, Technology, and Innovation (MISTIC) is drafting a law on water supply management in line with the growing demand and development of Cambodia. MISTI Secretary of State HE Heng So Kong announced the update of the new draft law in the press conference on 11 August 2022. “At this stage, in […]
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Cambodia Becomes World’s 5th Largest Bicycle Exporter, Top in Europe
Cambodia currently has 13 bicycle factories with a total investment of US$112 million as of June 2022, becoming the top bicycle exporter to European and ranking as the fifth largest bicycle exporter in the world According to a report from the Ministry of Industry, Science, Technology, and Innovation, there are 12 bicycle factories in Svay […]
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Gov’t Strengthens Construction Law Implementation; Site Manager Arrested for Collapsed Scaffolding
Since the construction law came into force, construction sites across the kingdom have been closely monitored, and a site manager in Sen Sok district has been recently arrested for collapsed scaffolding causing one death. HE Chhann Sorphal, Director-General of Construction of the MLMUPC, said that the arrest is part of the strict implementation of the […]
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Construction experts share tips to build high-quality yet affordable roof structure
Construction experts from ISI Steel will share tips and technics on how to build high-quality and affordable roof structures in the flagship ‘Cambodia Construction Today’ Program this upcoming Saturday. The lead expert for this week is SOMPOP SUVANHONGKUL, Business Development & Construction Consultant, where he shared his experiences from designing, fitting, choosing material, and installing […]
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Australia Provides Over US$75m to Invest in Agricultural Infrastructure through CAP-RED
Australia has pledged a fund of approximately US$75 million to support Cambodia’s economic recovery through investing in infrastructure and increasing resilience in the agriculture sector, agricultural processing, and trade. The fund was discussed during the meeting between the Minister of Agriculture, Forestry and Fisheries HE Veng Sakhon and Australian Ambassador to Cambodia HE Pablo Kang […]
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Multinational Firm Arup Mulls Building MRT Transport System in Cambodia
Multinational firm Ave Arup Limited has expressed interest in cooperating with the Cambodian government to build an MRT transport system. Arup representatives in Cambodia, Vietnam, Thailand, and the United Kingdom met with the Ministry of Public Works and Transport (MPWT) last week to discuss the matter. The firm stated in the meeting that they wish […]
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Mines Ministry Issues Sand Dredging Licenses in Rivers & Streams for Over 2,000ha to Date
The Ministry of Mines and Energy has clarified that sand mining businesses along rivers and streams are carefully monitored and studied before getting their licenses issued while revealing that to date licensed sand mining activities cover an area of over 2,000ha. HE Ung Dipola, Director-General of the General Department of Mines and spokesman for the […]
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