Projects Development
EU Provides US$17 million for Cambodia’s Rural Infrastructure Development
The European Union through the Europe Investment Bank (EIB) will provide a €15 million grant aid (approximately US$17 million) to Cambodia for rural infrastructure development. The grant is part of the project to accelerate the implementation of the Sustainable Assets for Agriculture Markets, Business and Trade (SAAMBAT), according to a press release issued on 4 […]
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Construction of ADB-funded landfill in Kep 90% complete
Construction of an 8-hectare landfill in Prey Thom commune of Kep city has been over 90% completed as of September 2021, while the completion date will be delayed from October this year to early next year. According to a report from the Kep Provincial Administration, the landfill project is being built under an ADB loan […]
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CDC Approves Three Investment Projects Worth Over US$12m for PP & K. Speu
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest over US$12.6 million in establishing three factories in Kampong Speu and Phnom Penh. The first company is Lastingwinner Garment (Cambodia) Co., Ltd, which will invest US$4.2 million to set up a garment factory on NR3, Lvea village, Ang […]
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Japan Provides US$72 million in Grant Aid for Six Development Projects in Cambodia
The Japanese government has agreed to provide approximately US$72.1 million in grant aid to Cambodia for six development projects, with US$57.6 million used for the Siem Reap Water Supply Expansion Project (Phase II) and the rest for five economic and social development projects. An Exchange of Notes for this aid agreement was signed on 11 […]
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US$9.2 billion Needed for 2022-2024 Public Investment, 44% for Infrastructure Development
At least US$9.2 billion will be needed to implement a total of 673 public investment projects from 2022 to 2024, while 44.2% will be allocated for infrastructure development. According to a Council of Ministers press release on 8 October 2021, of the total projects, 185 projects are ongoing which demands about US$5.8 billion, while another […]
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Over 2,900 Construction Projects Worth US$3.8 billion Approved in First 8 Months
The Ministry of Land Management, Urban Planning and Construction has approved a total of 2,901 construction projects during the first eight months of 2021, a 449-project drop compared to the same period last year. According to a report by the Ministry of Economy and Finance, the total investment value of the aforementioned projects was US$3,843 […]
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Cambodia Earns Over US$2m from Agro-Industrial Land Concessions
The Ministry of Agriculture, Forestry, and Fisheries as of August 2022 has given over 229 agro-industrial concessional land plots to the private sector, or equivalent to over 1.1 million hectares. The figure was shown by HE Veng Sakhorn, Minister of Agriculture, Forestry, and Fisheries on 25 August. Among them, 72 private firms have paid over […]
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Construction of ADB-funded 11km Beachfront Road in Kep to Start in November
The construction of the ADB-funded 11km beachfront road is scheduled to begin this upcoming November, according to the final decision between the Kep provincial administration and the Asian Development Bank (ADB) on 30 September. This road will start from Kep city and stretch along the beach all the way to Angkol beach. With an estimated […]
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Construction of New Offshore Koh Tonsay Tourism Port to Begin by Mid-October
A new Koh Tonsay Tourism Port located on the Koh Tonsay Island, 4km offshore of Kep province’s mainland, is set to begin construction on 16 October and is expected to take 15 months to complete. The construction timeline was set during the meeting on Thursday 30 September between the Kep provincial administration, the Ministry of […]
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MPWT Requests the US to Provide Technical Support & Invest More in Infrastructure Sector
The Minister of Public Works and Transport HE Sun Chanthol has requested the United States to assist in three major areas to help enhance the infrastructure sector in Cambodia. The proposal was made during a meeting between HE Sun Chanthol and US Ambassador to Cambodia HE Patrick Murphy on 29 September. HE Sun Chanthol urged […]
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