Projects Development
LYP Group to Build New Deep-Sea Port on Over 490ha in Koh Kong
The Koh Kong provincial authority has given the initial green light to Koh Kong SEZ Co., Ltd. of the LYP Group to develop a new deep-sea port in Kirisakor district, while the relevant parties are currently conducting the impact assessment. The initial approval was given by Koh Kong Deputy Governor Ouk Pheaktra during the meeting […]
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Ground Broken on US$22-million Japanese-Funded Clean Water System in Pursat
The Government of Japan has provided US$21.9 million in grant aid to build a new water supply system in Pursat province to increase access to clean water for the local people. The ground-breaking ceremony of this water supply system took place on 13 December, in the presence of Japan Ambassador to Cambodia HE Mikami Masahiro […]
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Giant South Korean Firm Invests Nearly US$18 billion in Vietnam in 24 years
South Korea’s electronics giant Samsung has invested nearly US$18 billion in manufacturing and research facilities in Vietnam in the last 24 years. The investment amount represents 29% of total investment in the last five, VN Express reported on 7 December. Samsung, with eight manufacturing and research facilities in the country, earned revenues of nearly US$60.5 […]
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Construction of PP-SHV Expressway Over 70% Complete
The construction of the 190-kilometre Phnom Penh-Sihanoukville Expressway was 70.93% complete as of November. The updates were shared in an inspection visit led by HE Yit Bonna, Secretary of State of the Ministry of Public Works and Transport (MPWT) on Friday 10 December. Having started construction on March 2019, the road is being built by […]
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DPM Tea Banh: New National Defence Ministry Equipped with Numerous Unique Features
Deputy Prime Minister and Minister of National Defence Samdech Tea Banh has expressed his pride in the newly completed Ministry of National Defence headquarters, citing that the building is equipped with numerous special features. Not revealing all the features, DPM Tea Banh only said that one of the special functions of the building is the […]
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Construction Starts on Cambodia’s Largest Biomass Power Plant
Heineken Cambodia has begun the construction of its biomass power plant to generate thermal energy for its brewing process. The company said during the ground-breaking event held on 8 December that the plant will be Cambodia’s largest Biomass Power Plant as a key part of the firm’s commitment to Brew a Better Cambodia. Built under […]
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TRIBE to Open Hotel in Cambodia in 2022
TRIBE, part of Ennismore, a global collective of lifestyle brands, is preparing to open a hotel in Cambodia in February next year, becoming its first hotel in Southeast Asia. Named TRIBE Phnom Penh Post Office Square, the hotel has 260 rooms, according to a press release. The hotel will bring a bold design edit to […]
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Study Complete for SHV Port Expansion Project Phase 2 & 3
The Minister of Public Works and Transport HE Sun Chanthol has given full support to the study result of Sihanoukville deep seaport expansion project Phase 2 & 3 that have just been completed by JICA. HE Sun Chanthol provided the feedback during a meeting with Director General of Sihanoukville Autonomous Port HE Lou Kim Chhon […]
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New Pnnom Penh Airport Named ‘Techo International Airport’; Now 27% Complete
As of December 2021, the construction project of the new Phnom Penh Airport, which has recently been renamed as the “Techo International Airport, Takhmao City” has reached 27% completion, on track to start operation by 2023. This is according to the site inspection by Cambodia Prime Minister Samdech Hun Sen on 9 December. On this […]
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PM Urges Domestic Private Firms to Invest in Bonds to Fund New PP Airport Construction
Prime Minister Samdech Hun Sen has urged local financial institutions to invest in the new Phnom Penh International Airport in Kandal province through the US$300-million guaranteed bond issued by Cambodia Airport Investment Co., Ltd (CAIC). Among the total bond amount, to date, over US$80 million have been issued to many firms such as banks, insurance […]
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