Projects Development
US$5-million Factory Investment Approved for Kampong Speu
The Council for the Development of Cambodia (CDC) officially granted a permit on 21 June to Soki Bag & Accessories (Cambodia) Co., Ltd to invest US$5 million in building a bag factory in Kampong Speu province Located in Prey Pdao village, Trapeang Kong commune, Samrong Tong district, the project is expected to create at 1,300 […]
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Ministry of Commerce Urges Sweden to Open IKEA in Cambodia
The Ministry of Commerce has urged Sweden to consider opening renowned furniture megastore IKEA in Cambodia, as the demand for the market is significantly growing. The request was by Minister of Commerce HE Pan Sorasak during the meeting with the Swedish Ambassador to Cambodia HE Björn Häggmark. HE Pan Sorasak said that Cambodia would like […]
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Hong Lai Huat Group to Build Agricultural Hub on 10,000 hectares in Kampong Speu
Singaporen real estate developer, Hong Lai Huat Group, has received permission from the Royal Government to set up a huge agricultural hub on an area of about 10,000 hectares in Oral district in Kampong Speu province, according to The Business Times on 16 June. The development project will be built in stages, starting in the […]
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Construction of High-Voltage Transmission Line in Otres to Begin on 21 June
Electricite du Cambodge (EDC) will begin construction of a high-voltage transmission line along with the new Sihanoukville infrastructure in the Otres Development Zone on 21 June. Meanwhile, the Sihanoukville provincial administration has urged the property and landowners in Village 6 and Village Koki to strongly cooperate with officers. The high-voltage transmission line will be 40 […]
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Construction of World’s Longest Subsea Electricity Cable Complete
Construction of the world’s longest subsea electricity cable connecting 720km between the UK and Norway has been completed and is set for testing this week, reported FT on Tuesday 15 June.. This interconnector project is a joint venture between the UK’s National Grid and Norway’s Statnett. The cable can carry as much as 1.4GW of […]
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Three New Factories Worth US$15 million Approved for Kandal, Takeo & Phnom Penh
The Council for the Development of Cambodia (CDC) recently approved private firms to invest in building three factories, worth approximately US$15 million in Kandal, Takeo, and Phnom Penh. The first investment permit has been granted to J.A.K Garment Co., Ltd to invest US$2.4 million in building a garment factory in Kampong Pring Village, Sangkat Sitbo, […]
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Three New Eco-Tourism Destinations Proposed for Koh Kong Province
Private firms have proposed to invest in three ecotourism sites on 30 hectares in Khemara Phoumin city and Mondul Seima districts in Koh Kong province. Koh Kong Deputy Provincial Governor Ouk Pheaktra said during a site inspection on Monday 14 June that the three proposals are currently being reviewed and studied. “We must study carefully […]
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Apsara Oil Driller KrisEnergy’s Wind-up Petition Hearing Set for July
KrisEnergy has announced that its wind-up petition hearing will be held on 12 July; meanwhile, the operation of its subsidiary KrisEnergy (Cambodia) is temporarily paused. The hearing date was set after Singapore-based parent companyKrisEnergy filed a winding-up petition to the Grand Court of the Cayman Islands, requesting liquidation due to its inability to pay debt. […]
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Third Bakheng Water Treatment Plant Proposed
ambodia has requested France to consider investing or providing financial support for building a third Bakheng water treatment plant in response to the growing clean water demand in Phnom Penh. The proposal was made during a meeting between the Minister of Industry, Science, Technology and Innovation (MISTI) HE Cham Prasidh, and French Ambassador to Cambodia […]
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Inter-Ministerial Committee Established to Accelerate Sihanoukville Multi-Purpose SEZ Plan
The Cambodian government has issued a sub-decree establishing a new inter-ministerial committee, with the designated tasks of creating policies and land management plans to develop Sihanoukville into a multi-purpose special economic zone as soon as possible. According to Sub-Decree No. 82 issued on 09 June 2021, the committee has a total of 25 members, with […]
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