Construction Focus
Cambodia Greenlights 22 Investment Projects Worth US$444m in a 15-Day Spree
In a dynamic economic surge, the Council for the Development of Cambodia (CDC) has approved 22 new investment projects, amassing a staggering US$444 million in just 15 days during February. The industrial sector emerged as the primary recipient of these investments, with significant contributions, 15 projects, also flowing into infrastructure and agriculture. The CDC’s press […]
Read More
Prime Opportunities Arise for Real Estate Investors as Cambodia Unveils Master Plan for Nearly 7,000km of Major Roads
With the recent release of a pivotal strategic document outlining a master plan for the transport and logistics sector, savvy real estate investors are poised to capitalise on the emerging opportunities within the development landscape. The Royal Government of Cambodia’s comprehensive master plan focuses on the road transport sector, detailing 94 road development projects with […]
Read More
CDC Greenlights Nearly US$600m Investment Injection into Preah Sihanouk Province
The Council for the Development of Cambodia (CDC) has approved two investment initiatives totalling close to US$600 million, both slated for development in Preah Sihanouk province. The announcement comes following a CDC meeting convened on 28 February 2024. The first sanctioned project involves Ban Dao Investment Co., LTD, committing a capital investment of US$574 million. […]
Read More
Gov’t Greenlights Three Major Malaysian Projects to Establish High-Tech Economic Zone & Halal Industries in Cambodia
The Cambodian government has given the nod to three significant projects proposed by the National Chamber of Commerce and Industry (NCCIM) in Malaysia. These ventures encompass the establishment of a high-tech economic zone, a technology development initiative, and an ecological project for the halal food industry in Cambodia. The approval was conveyed during the Cambodia-Malaysia […]
Read More
Japanese Firm, Minebea Cambodia, to Establish US$650m SEZ on 50ha of Land in Pursat
Minebea Cambodia is set to embark on its second investment project, allocating approximately US$650 million to acquire a 50-hectare plot in Pursat province, where it plans to establish a special economic zone. The decision was announced by HE Sun Chanthol, Deputy Prime Minister & First Vice President of the Council for the Development of Cambodia […]
Read More
Progress Update: Rehabilitation of National Road No. 48 (Sre Ambel-Koh Kong) Reaches 43%
In a recent update on 20 February 2024, the rehabilitation project for National Road No. 48 (Sre Ambel-Koh Kong) has achieved a notable milestone, completing 42.71% of the planned improvements. The project is on track for its scheduled completion by the end of April 2025. During a meeting on 23 February 2024, HE So Victor, […]
Read More
Opening of Bak Kheng Water Treatment Plant Phase 2 Set to Transform Water Supply Landscape
The second phase of the Bak Kheng water treatment plant is poised to commence operations on 29 February 2024. The noteworthy development, as reported by the Phnom Penh Water Supply Authority’s Facebook page, signals a major stride in bolstering the nation’s water treatment capabilities. HE Long Naro, the government delegate overseeing the Phnom Penh Water […]
Read More
Cambodia & South Korea Join Forces in a Three-Year Endeavor to Preserve & Restore Angkor Wat
The Cambodian government and the Republic of Korea have formally entered into a Memorandum of Understanding (MoU) dedicated to the conservation and restoration of Angkor Wat over the next three years. This significant pact was officially inked on 19 February 2024, in a collaborative effort between the Cultural Heritage Administration of the Republic of Korea […]
Read More
Cambodia’s 2033 Transport Master Plan Unveils 3 New Expressways and 4 (High-Speed) Railways
In a visionary move, Cambodia has unveiled an expansive Transportation & Logistics Master Plan, setting forth ambitious goals for developing 174 major infrastructure projects over the next decade. The comprehensive plan encompasses various sectors, including 94 road development projects, 23 river waterway projects, 20 sea transport projects, 10 air projects, and 15 gas pipeline projects, […]
Read More
The Gov’t Greenlights New Legislation to Propel Waterway Investments
The Office of the Council of Ministers has given its approval to a draft law on waterway transport comprising of 18 chapters and 275 articles, marking a significant stride towards enhancing waterway investment and port management in Cambodia. This development was announced in a press release dated February 2, 2024. The primary objective of this […]
Read More