Projects Development
Bay of Lights: A Bold Step Forward in Cambodia’s Coastal Transformation
Sihanoukville, Cambodia – April 21, 2025 – Breaking ground in 2022, the $16 billion Bay of Lights coastal development is rapidly taking shape along the scenic shores of Ream Bay in Sihanoukville. Spanning over 934 hectares, this ambitious project combines innovation, progress, and community impact, positioning Sihanoukville as the Next Southeast Asia’s next major economic and […]
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InterContinental Hotels & Resorts to Open USD 300 Million Landmark in Sihanoukville, Marking Grand Return to Cambodia
InterContinental Hotels & Resorts will make its return to Cambodia with a USD 300 million luxury property in Sihanoukville, scheduled to open in 2028 as part of the expansive Peninsula Bay Integrated Resort. The announcement coincides with a notable revival in Cambodia’s tourism industry, which saw a 23% increase in international arrivals in 2024, exceeding […]
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Prime Minister Unveils Ambitious Plan to Transform Stung Treng’s Agriculture Sector
In a significant move aimed at revitalising the agricultural landscape of Stung Treng province, Prime Minister Hun Manet has announced the re-zoning of 6,000 hectares of investment land to a private company to establish an agro-industrial zone. This ambitious initiative was unveiled during the official inauguration of National Road 71c on 12 April 2025. During […]
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Government Launches Investment Program for North-eastern Provinces
Prime Minister Hun Manet has announced a special investment program targeting Kratie, Stung Treng, Ratanakiri, and Mondulkiri from 2025 to 2028. The initiative aims to attract private investment in agriculture, agro-industry, and tourism, leveraging the region’s rich natural resources and tourism potential. Key features of the program include tax and customs incentives, attractive financing options, […]
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Q1 2025 Sees Total Investment Capital from China to Cambodia Reach 56.23%
In the first quarter of 2025, Chinese investment in Cambodia has reached a remarkable 56.23% of total registered capital, amounting to USD 2.5 billion across 172 ambitious projects. This impressive influx includes six expansions of existing production facilities, which are anticipated to create nearly 120,000 jobs nationwide, significantly contributing to the country’s economic growth. Among […]
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Kampong Thom Set to Become Hub for Cashew Production as Chinese Company Eyes Warehouse Development
Kampong Thom province is on the brink of significant agricultural development. Sinomac Hainan Development Co., Ltd., a leading Chinese state-owned agricultural enterprise, is studying the feasibility of constructing a state-of-the-art warehouse and drying yard dedicated to cashew nuts. This initiative aims to enhance Cambodia’s agricultural export potential, particularly in the burgeoning cashew sector. The […]
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Four Major Companies Plan to Make Further Investments in Cambodia’s Automotive and Electronics Sectors
Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on 31 March 2025. During the visit, […]
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China Unveils Plans for Cambodia’s First & Largest Oil Refinery
In a ground-breaking initiative for Cambodia’s energy sector, Chinese company Guanzun Energy Investment Co., Ltd. is set to construct the country’s first and largest oil refinery in Kampot Province. The ambitious project, estimated at up to USD 3.5 billion, was announced by the Kampot provincial administration and covered by Cambodian national television. Spanning an […]
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Prime Minister Unveils Plans for New Public Park in Phnom Penh
In a significant move to enhance community well-being, Prime Minister Hun Manet has announced an ambitious initiative to transform 70 hectares of land in the Kob Srov Dam area into a vibrant public park. The announcement was made during the official inauguration of the Morodok Techo flyover on 7 April, marking a step towards providing […]
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Government Announces Plans for Modern Logistics Centre in Sihanoukville
The Cambodian government has officially unveiled its ambitious plans to establish a state-of-the-art logistics centre as part of the Sihanoukville Logistics Centre Development Project. This initiative aims to integrate logistics services for both domestic and international loading and unloading of goods and containers. During a recent meeting with a delegation from the International Finance Corporation […]
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