New US$2.5m Electric Equipment Factory Officially Launched in Pursat’s Krakor District

An electronic products assembly plant of SchneiTec CHINT Co., Ltd worth about US$2.5 million has been officially launched in Sna Ansar commune in Krakor district, Pursat province. The inauguration ceremony was held on 28 February in the presence of Minister of Mines and Energy HE Suy Sem and Director General of Electricity of Cambodia HE […]

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Japan to Provide US$24 million Grant Aid to Expand Water Supply System in Svay Rieng

Cambodia and Japan will sign an agreement on Wednesday 2 March on a Japanese grant of approximately US$41 million for the development of two major projects in Cambodia. According to a press release from the Ministry of Foreign Affairs and International Cooperation on 28 February, the first project is the expansion of the water supply […]

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NR4 Expansion Project Begins, Set for Completion in 2026

The Ministry of Public Works and Transport (MPWT) has begun work to expand and renovate NR4 under a US$110-million loan from the World Bank, according to an MPWT statement issued on 25 February. The construction site starts from Bek Chan commune, Ang Snoul district in Kandal province to Bit Trang commune, Prey Nob district in […]

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NASA, US Universities to Construct Infrastructure on Moon

Three US university-led proposals have been selected by NASA to develop technologies for living and working on the moon, according to a NASA announcement on 18 February. The selected projects cover three topics laid out in the solicitation. Each team will receive up to US$2 million, awarded as grants, over two years to develop their […]

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Turkish Investors Mull Investing in Cambodia’s Construction Sector

Turkish investors have expressed interest in investing in Cambodia’s construction sector, citing that Cambodia has very high investing potential, according to the Cambodian Chamber of Commerce. The interest was raised by Mr Ferudun Cevahiroglu, President of the Turkish Federation of Industrial Businesses, in a meeting held on 26 February with the Cambodian delegation led by […]

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Gov’t Urges Private Firm to Expand & Modernise Water Supply Network in SHV

The Ministry of Industry, Science, Technology and Innovation (MISTI) has requested Anco Co., Ltd. to expand and modernise the clean water supply network in Sihanoukville, especially in developing districts, as the company is currently operating clean water treatment plants with a capacity of 160,000 m3 / day. MISTI Minister HE Cham Prasidh made the request […]

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Labour Ministry: 747 Engineers Registered in 2021, Over 6,000 Total to Date

In 2021, there was total of 747 engineers registered with the Ministry of Labour and Vocational Training (MLVT), according to an MLVT report issued on 25 February. This number brings the total accumulative number of registered engineers as of the end of 2021 to 6,008 (240 females), 84 of which are foreign engineers (2 females). […]

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Local Firm LSCG Wins Bid to Install 70MW Solar Power System at New PP Airport

Local firm LSCG Real Estate Co., Ltd has won a bid to install a 70MW solar power system at the new Techo International Airport. According to LSCG CEO Ly Sokchhay, the contract agreement was signed on 22 February with an investment value of US$168 million. “The project is the cooperation between our partners in China. […]

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PM Hun Sen Encourages Malaysia to Invest in Cambodia’s Construction & Real Estate Sectors

Cambodian Prime Minister Samdech Hun Sen has encouraged Malaysian investors to take part more in the construction, real estate, and other potential sectors in Cambodia, citing that total Malaysian investment in Cambodia currently ranks third. Addressing a joint press conference with Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob on 24 February, PM Hun Sen […]

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Accor to Launch First Ibis Budget Hotel in Cambodia in July

Accor, a world-leading hospitality group, is preparing to open its first Ibis Budget hotel in Phnom Penh in July 2022. Named Ibis Budget Phnom Penh Riverside, the 322-key hotel will incorporate the signature Ibis Budget concept boasting contemporary design across its rooms and public areas. Ibis Budget Phnom Penh Riverside will be strategically located in […]

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