Construction Focus
NR71C 37 per cent completed and scheduled to be completed in October 2024
National Road No. 71C from Tbong Khmum District, Tbong Khmum Province to Chamkar Leu District, Kampong Cham Province, with a total length of nearly 115 km, completed 37%, and the project is scheduled to be completed in October 2024. The progress of the construction project of National Road No. 71C was made during the inspection […]
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Government Establishes Capital-Provincial Investment Sub-Committee to Promote Investment Activities
Samdech Techo Hun Sen, Prime Minister of Cambodia, issued a sub-decree establishing the Capital-Provincial Investment Sub-Committee as a mechanism for reviewing private investment and resolving disputes related to investment projects. The Sub-Decree dated 20 June 2022, stated that the governors of all capital/provinces are the chairman and deputy governors of capital/provinces are the deputy chairman […]
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Nestlé Switzerland Wants to Invest in Cambodia
Nestlé Switzerland has expressed its intention to seek more investment opportunities in Cambodia, especially in setting up a factory in Cambodia that sees significant uses for Nestlé products. At the invitation of Nestlé Switzerland, HE Pan Sorasak, Minister of Commerce, led a delegation from the Ministry of Commerce on 16 June to visit Nestlé Switzerland, […]
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Prime Minister Hun Sen Announces Project to Open New Cambodia-Vietnam border gate in Tbong Khmum Province
Samdech Techo Hun Sen, Prime Minister of Cambodia has announced a project to open a new Cambodia-Vietnam border gate at Koh Thmor area in Tbong Khmum province to facilitate travel and trade between Cambodia and Vietnam. He made the remark on the 45th Remembrance Day of “Journey to Overthrow the Pol Pot Genocidal Regime” in […]
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Four New Auto Brands to Set Up Assembly Plants in Cambodia
In addition to Ford, four new auto brands are set to open auto assembly plants in Cambodia located in Cam MJ Industrial Park on National Road 3 in Angkor village, Ang Por Peul commune, Kong Pisey district, Kampong Speu province, with an investment of about 15.6 million US dollars, according to the release of the […]
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CDC Approves Six New Major Investment Projects Worth Almost US$80 million
The Council for the Development of Cambodia (CDC) has approved a private investment of US$79.9 million to set up six factories in Phnom Penh, Kampong Speu, Kampong Chhnang and Kandal provinces: BAOSTEEL CAN MAKING (CAMBODIA) CO., LTD will establish a canning factory in Kraing Leav village, Sambo commune, Samrong Tong district, Kampong Speu province with […]
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Wastewater Treatment Plant in Siem Reap City Nearly 20% Completed
The construction of a wastewater treatment plant in Siem Reap has reached almost 20% completion according to an inspection of the progress of the project on 15 June 2022. Mr Chao Sopheak, Deputy Director-General of the General Department of Wastewater Treatment System and Project Director, said that the inspection was to evaluate the work of […]
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Ministry of Public Works, Thailand’s SEAC Company Discuss Possibility of Establishing Cooperation
The Ministry of Public Works and Transport and SEAC Thailand have discussed the possibility of establishing a partnership with the Techo Sen Institute of Public Works and Transport for human resource training. The discussion was held on 15 June between HE Sun Chanthol, Senior Minister, Minister of Public Works and Transport and Bangkok-based SEAC Company […]
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Cambodia’s Economy Projected to Grow by 6.6% in 2023
The Cambodian economy is predicted to achieve a growth rate of around 6.6% due to the expected continuation of the positive trend of global demand and investment confidence, while the COVID-19 crisis in the country is under control. The government set the forecast for Cambodia’s economic growth in 2023 in the draft law on financial […]
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Construction & Real Estate Sectors Expected to Continue Growth in 2023
The construction and real estate sectors are expected to continue to recover in 2023 due to the influx of foreign investment and the demand for low- and medium-cost housing. In the draft law on financial management for 2023, signed by Samdech Techo Hun Sen, Cambodian Prime Minister of Cambodia on 08 June, the government stated […]
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