Projects Development
South Korea discloses USD$12 billion for investing overseas before FTA Talks with Cambodia next month
South Korean finance minister, Hong Nam-ki, has revealed plans to provide USD$12 billion to support large-scale overseas projects before joining in a free trade agreement (FTA) talks with Cambodia in July, according to Business Korea on 15 June 2020. “The two nations completed a joint feasibility study on a potential FTA in May and wrapped […]
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Leedon Heights: A US$70 million condominium project to launch in Phnom Penh
Leedon Heights, a USD$ 70 million condominium project, located in the Sen Sok district next to AEON2 will begin construction in the third quarter of 2020 and will be completed by the end of 2024, according to Ms Sothida Ann, Managing Director of CBRE Cambodia via an interview on Telegram with Construction & Property Magazine […]
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New solar power station set for Koh Rong Sanloem Island
A new solar power station is set to be constructed on Koh Rong Samloem Island to supply the needs of the local population, according to a recent issue by Total Solar Cambodia. The 1.25 MW solar power project is to be located on Koh Rong Samloem Island and is constructed as a two stand-alone solar […]
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Japan provides US$32 Million for Takhmao water supply project
The Japanese government has granted US$32 million to finance the expansion of the water supply system in Takhmao through JICA to the Ministry of Economy on 01 June according to an official press release from the JICA Cambodia Office. The grant agreement for the implementation of the “Project for the Expansion of the Water Supply […]
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Ground was broken on 8.8 hectares Win-Win Memorial in Koh Kong
Ground was broken the 8.8-hectare Win-Win Memorial in Koh Kong province to commemorate to Cambodian soldiers who lost their lives during the war. According to the official website of the Koh Kong Provincial Administration on 30 May 2020, the memorial is located opposite Grandmother Mao Shrine, Boeng Khoun Chang village, Smach Mean Chey district, Krong […]
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The giant reservoir being built in Preah Vihear to boost agriculture
A giant reservoir costing more than US$100 million is being built in Preah Vihear province to boost the agricultural sector by providing water year-round. The announcement was made by Preah Vihear Deputy Governor H.E Kousom Bunsoeut, at a press conference on the “Progress and Continuing Direction of Preah Vihear Province” on 25 May 2020. “The […]
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Sihanoukville governor develops two Otres Beaches to boost tourism
The Sihanoukville governor is improving two Otres Beaches to 1,746 metres long to enhance their beauty and boost tourism, according to the official website of the Ministry of Interior, released on 25 May 2020. Mr Matt Ly, Manager of OTRES MANAGEMENT CO., LTD., reported that the development of these two Otres Beaches is to enhance […]
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CDC approves three investment projects worth over US$166 million
The Council for the Development of Cambodia (CDC) has approved investment projects of three firms worth over US$166 million, including a five-star hotel business in Sihanoukville, a solar panel manufacturing in Kampong Speu and a solar power station in Battambang. According to the official Facebook page of the Council for the Development of Cambodia (CDC) […]
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Hyatt Regency Phnom Penh completed around 97% and to be open in the next few months
“As of this moment, we are almost finished with the construction component of the hotel. It is approximately 97%. The final fit-out is ongoing, interior works, décor and artwork, loose furniture, spa, and other similar areas,” according to Mr. Simon Dell, Senior Vice President of Hotels and Hospitality of Chip Mong, commenting on the construction […]
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Kampot major deep seaport plans progress
The construction of a massive deep seaport project in Kampot province starts is progressing with the docking space and seaport entrance complete, according to Mr. Soy Sinol, Deputy of Kampot Tourism Department, at a press conference on “Progress and Continuing Direction of Kampot Provincial Administration” on 08 May 2020. “This port is invested in by […]
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