Projects Development
World Bank finances US$63 million building landfills in three provinces in Cambodia
The World Bank plans to provide a US$63-million fund to construct standardized solid waste and plastic landfills in Siem Reap, Kandal, and Kampong Speu provinces, which will be implemented over six years. The Ministry of Environment and the World Bank working group met on Tuesday to discuss the results of the preliminary feasibility study and […]
Read More
New US$2-million Tourism Port in Kep to Begin Construction in Mid-September
Construction on the new tourism port in Kep known as Se Sar or White Horse port will begin on 15 September, under the private investment of over US$1.9million. According to the press release of the provincial administration issued on Wednesday 1 September, the project will take two years to be completed, scheduled for 2023. After […]
Read More
10 Major Roads and 6 bridges Inaugurated to Serve Public in Last Four Years, says MPWT
At least 10 major roads and 6 bridges have been completed and inaugurated to benefit the public during the last four years, with many other infrastructure projects still under construction. The Ministry of Public Works and Transport (MPWT) showed the progress and achievements during a Facebook live show held on Monday30 August by Minister HE […]
Read More
CDC Approves Over 210 Japanese Investment Projects Worth Approx. US$3bn as of July 2021
As of July 2021, the Council for the Development of Cambodia (CDC) has approved Japanese companies to invest in a total of 211 projects in Cambodia worth over US$3 billion, most of which are investment projects in non-textile manufacturing sector. This is according to the 22nd meeting of the Cambodia-Japan Joint Committee on Monday 30 […]
Read More
Local & Chinese Firms Prepare US$200m to Cooperate on OCIC’s New PP Airport Project
A Chinese firm and local company LSCG have recently co-approved a US$200 million investment budget to cooperate with OCIC on the new Phnom Penh international airport project. According to LSCG CEO Ly Sok Chhay, his firm and the Chinese partner are ready in terms of budget, technical support, and human resources for the cooperation, but […]
Read More
Private Firms Invest Approx. US$15million Setting Up Factories in Three Provinces
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$14.8.5 million in building factories in Kandal, Kampong Chhnang, and Takeo. The first investment permit has been granted to Shining Fashion Industrial Co., Ltd. to invest US$3.4 million to build a garment factory in Trapeang Peuk village, Peuk […]
Read More
Battambang & SR Chosen for New Regional COVID-19 Labs
The Ministry of Health has selected Battambang and Siem Reap Provincial Referral Hospitals as the construction sites for regional test laboratories for COVID-19 samples for the northwestern provinces of the country. The construction of a new laboratory in Battambang province has just been completed and is scheduled to open in early September. Minister of Health […]
Read More
Cambodia’s First Latter-Day Saints Temple Set to Break Ground Next Month in Phnom Penh
The First Presidency of The Church of Jesus Christ of Latter-day Saints has announced that the Phnom Penh Cambodia Temple groundbreaking will be held on Saturday 18 September 2021. Having white walls and five stupas on top, one is which is the tallest, the single-story temple of approximately 10,000 square feet (304sqm) will be built […]
Read More
Impact Resettlement for New PP Airport Ongoing; Some Land Plot Holders Refuse to Relocate
The new Phnom Penh Airport Developer Cambodia Investment Co Ltd (CAIC) this morning handed over new land titles to 16 owners (equivalent to 31 plots) whose lands were affected by the new airport construction. The handover ceremony was held in the presence of Kandal Governor HE Kong Sophoan and Deputy General Director of CAIC Mr […]
Read More
Power Plants, Livestock Farms & Factories Worth Over US$63m Approved for 5 Provinces
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$63.5 million in building a power plant, solar park, livestock farm, and several other factories in Kandal, Kampong Thom, Sihanoukville, Takeo and Kampong Speu. According to a CDC announcement on Monday 23 August, those seven companies include: 1. […]
Read More