In April, Cambodia attracts 22 investment projects worth US$ 309 million
In April 2024, the Council for the Development of Cambodia approved 21 new investment projects and one production expansion project. These projects have a total investment of US$309 million and are expected to create around 23,000 job opportunities. The press release from the Council for the Development of Cambodia on May 7, 2024, confirms this […]
Virak Buntham Unveils Ambitious Plan to Transform Koh Sneh Beach into Premier Tourist Destination
Virak Buntham, a prominent player in Cambodia’s tourism sector, has announced a significant investment in the development of Koh Sneh Beach, located in Khemarak Phoumin City, Koh Kong Province. The company aims to elevate the beach into the premier tourist destination in the province, unveiling plans for extensive resort development and recreational facilities. Neak Oknha […]
Second Conch Cement Factory in Battambang Worth US$ 253 Million Reaches 85% Completion
The construction progress of the second Conch Cement Factory in Battambang province, valued at US$253 million, has reached a significant milestone, with approximately 85% of the project now complete. Scheduled for an official inauguration in September 2024, this development marks a crucial step forward in Cambodia’s cement manufacturing sector. The update was shared via a […]
Toyota Unveils US$36 Million Assembly Plant in Phnom Penh SEZ
In a significant boost to Cambodia’s automotive industry, a new Toyota assembly plant, valued at over US$36 million, was officially inaugurated in the Phnom Penh Special Economic Zone on 2 May 2024. This landmark event was presided over by Samdech Hun Manet, Prime Minister, marking a new era in the country’s manufacturing capabilities. The Toyota […]
Cambodia Forges Ahead with International Standard Community Nurseries for Workers
Cambodia is accelerating its initiatives to establish community nurseries built to international standards. In a concerted effort to elevate working conditions and support the welfare of labourers, the Ministry of Labor and Vocational Training (MLVT) convened a pivotal meeting on 18 April 2024, in collaboration with the World Child and Development Organisation and the World […]
Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV
The Preah Sihanouk Provincial Sub-Committee on Investment (ECCC) has greenlit an ambitious venture by Cooper Packing (Cambodia) Co., Ltd., investing upwards of US$3 million to erect a state-of-the-art cardboard factory in Sihanoukville. The decision came to light during a meeting presided over by Mr. Kouch Chamroeun, Governor of Preah Sihanouk Province, on 17 April 2024. […]