Investment and Funding
CGCC Buys US$2 million in CAIC Bonds, Funding New Airport Development
The Credit Guarantee Corporation of Cambodia Plc. (CGCC) has invested 8 billion Riels (approx. US$2 million) in the guaranteed bonds of Cambodia Airport Investment Co., Ltd. (CAIC) to support the development of the Techo International Airport. The agreement was signed on Thursday 27 January between CAIC Director Mr Charles Vann and CGCC CEO Mr Wong […]
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Japan to Build Cashew Processing Plant on Over 1,000ha of Land in Oddar Meanchey
A Japanese company YEBISS HOLDINGS plans to invest in a 1,000-hectare cashew processing plant in Oddar Meanchey province and export finished products to Japan and international markets. The plan was unveiled during the meeting between Minister of Agriculture, Forestry and Fisheries HE Veng Sakhon and Director of YEBISS HOLDINGS Akira Taniguchi on Tuesday 25 January. […]
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Cambodia requests S.Korea to help develop water transport infrastructure
The Minister of Public Works and Transport HE Sun Chanthol has requested the Korea Economic Cooperation Fund (EDCF) to consider the feasibility of assisting in the development of the waterway transport system in Cambodia. This proposal was made during a courtesy meeting between Ms Minnie Chey, New EDCF Country Director for Cambodia and HE Sun […]
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New Road Connecting NR4 to Bokor Mountain Set to be Built Soon
A new 27-kilometre road connecting NR4 at km158 + 200 to Bokor Mountain is set to be built soon after two tycoons have agreed to cover the construction cost. The agreement was made during the meeting between Okhna Sok Kong, Okhna Mong Reththy, and Minister of Land Management, Urban Planning and Construction HE Chea Sophara […]
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Chinese Firm Mull Setting Up Electric Car Assembly Plant in Koh Kong
China Matrix Technology Group-Horche Intelligent Automobile plans to invest in setting up a factory to assemble electric vehicles in Koh Kong province, according to an online meeting between relevant parties on 22 October. The objective of the Chinese firm in this meeting was to study the feasibility, and understand the land and legal environment, human […]
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MPWT to Build EV Charging Stations on PP-SHV Expressway & 15 Others Nationwide
The Ministry of Public Works and Transport (MPWT) plans to establish at least 15 electric vehicle charging stations on the PP-SHV expressway and other potential spots nationwide to boost the usage of EVs in Cambodia. This project was discussed in a meeting between MPWT Minister HE Sun Chanthol and delegation of the Cambodian Automobile Industry […]
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Gov’t Requests Samsung C & T to Build Expressways & Mass Transit System in Cambodia
Samsung C & T Corporation has expressed interest in investment in transport infrastructure in Cambodia to contribute to the development of this sector. The remarks were made by the delegation of Samsung C & T Corporation led by Mr Han Jung Suk in an online meeting with HE Leng Thun Yuthea, Secretary of State of […]
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Wing Bank Buys US$2 million in CAIC Bonds, Funding New Airport Development
Wing Bank (Cambodia) Plc has invested US$2 million in the guaranteed bonds of Cambodia Airport Investment Co., Ltd. (CAIC) to support the development of the Techo International Airport. The agreement was signed on Thursday between CAIC director Mr Charles Vann and Wing Bank CEO Mr Han Peng Kwang and witnessed by OCIC Chairman Neak Okhna […]
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Ten Investment Projects Worth US$1.8 billion Approved for PP & Seven Other Provinces
The Council for the Development of Cambodia (CDC) has given permits to ten private firms to invest a total of US$1.89 billion setting up garment & production factories, power plants, hydropower dam, and a logistics centre in various provinces across the kingdom. According to the CDC announcement on Monday 17 January, the firms include: 1. […]
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Pursat’s Krakor District to Host Kingdom’s Largest Solar Farm Cluster & Emerging SEZ
A private company firm will invest in building an additional 150MW solar power plant on top of the existing 90MW plant in Sna Ansa commune, Krakor district, Pursat province. The expansion project will make Krakor district host a cluster of solar plants with over 240MW power, the largest in the Kingdom. Director-General of Electricite du […]
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