Construction Focus
61-Kilometre Road Connecting NR No. 4 to Bokor Mountain Completed with 7 km of Concrete Poured
The construction of a new 61-kilometer road linking NR No. 4 to Bokor Mountain has reached a significant milestone, with 7 kilometers of concrete pouring completed as of 19 December 2024. This update was shared by Sokha Real Estate on their official Facebook page that same afternoon, marking steady progress in this transformative infrastructure project. […]
Read More
Chinese Investors Commit USD 2 Billion to Transform Kampong Speu Province
Chinese investors have pledged a transformative USD 2 billion investment into Kampong Speu Province, aiming to invigorate its economy, expand manufacturing capacity, and create approximately 30,000 job opportunities. This landmark announcement was made by HE Cheam Chansophoan, Governor of Kampong Speu, during a high-profile visit to Hong Kong on 21 December 2024. This significant financial […]
Read More
NR 41 Completion Marks Milestone in Cambodian Transportation
NR 41, a vital addition to Cambodia’s infrastructure, has officially been completed with a total investment exceeding USD 67 million. Stretching over 95 kilometers, the road links NR 4 in Kandal to NR 3 in Kampot, dramatically enhancing regional connectivity and bolstering travel and trade. The announcement came following a detailed inspection led by HE […]
Read More
SHV Port Achieves Record 1 Million TEUs, Cementing Its Role as a Regional Trade Hub
Sihanoukville Port has reported a record-breaking 1 million TEUs (twenty-foot equivalent units) of container traffic in 2024, reflecting an impressive 29% increase compared to the previous year. This milestone underscores the port’s strategic importance in driving Cambodia’s trade and logistics ambitions, as announced on the official website of Sihanoukville Autonomous Port on 21 December 2024. […]
Read More
World Bank: Cambodia’s Economic Growth Forecasted to Reach 5.5% in 2025-2026 Amid Global and Domestic Challenges
Cambodia’s economy is projected to achieve a robust growth rate of 5.5% in 2025 and 2026, according to the latest World Bank forecasts. This follows expected growth rates of 5.3% in 2024 and 5% in 2023, reflecting a steady upward trajectory. These findings were highlighted in a report published by Fibre2Fashion on 21 December 2024. […]
Read More
Cambodia’s Business Landscape Faces Dual Trends: Drop in New Registrations 17%, Surge in Eliminations 32%
Cambodia’s entrepreneurial environment is undergoing a marked shift, with the Ministry of Commerce reporting 9,530 new company registrations in 11 months of 2024. This figure represents a decline of 17.17% compared to the same period last year, highlighting growing challenges in the business sector. Concurrently, company eliminations surged by 32.78%, totaling 1,284 businesses removed from […]
Read More
Shangri-La Phnom Penh Sets a New Benchmark in Luxury with USD 580 Million Investment
A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its USD 580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivaled comfort and sophistication. The hotel held its temporary inauguration on 15 […]
Read More
SHV Province Enhances Safety with 433 Security Cameras Across 533 Strategic Locations
Preah Sihanouk province has successfully installed 433 new security cameras across key strategic locations in a major stride towards improving public safety. This advanced surveillance network, which includes 533 monitoring points throughout Sihanoukville, was unveiled during a press conference led by HE Mang Sineth, Governor of Preah Sihanouk province, with over 60 journalists in attendance. […]
Read More
Southeast Asia’s Largest Solar Projects Lead Global Renewable Energy Growth
Southeast Asia continues to lead the renewable energy charge with landmark solar projects across Vietnam, Indonesia, and Thailand, showcasing the region’s commitment to sustainable development. With ASEAN member states targeting 35% renewable energy capacity by 2025, the region currently boasts 28 GW of utility-scale solar and wind power, contributing 9% to its total electricity capacity, […]
Read More
142 Demarcation Points Completed for Funan Techo Canal, Setting the Stage for Transformative Infrastructure
In a landmark achievement for Cambodia’s infrastructure development, the inter-ministerial technical working group has successfully completed the boundary posting process for the first 21 kilometers of the Funan Techo Canal. This initial section, stretching from Prek Takeo to Prek Po, has reached 100% completion, with 142 demarcation points now established along the route. This milestone […]
Read More