Projects Development
US$22m Cambodia-Japan Water Treatment Plant Unveiled in Pursat
The Cambodia-Japan water treatment plant in Pursat, valued at an impressive US$22 million, was inaugurated, marking a significant leap forward in the region’s water infrastructure. The official opening ceremony, held on December 28, 2023, was graced by the presence of HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, and HE Ueno Atsushi, Ambassador […]
Read MoreCambodia-Japan Special Economic Zone Unveiled: A Strategic Alliance for Economic Prosperity
In a pivotal meeting between key inter-ministries and a high-level Japanese delegation led by HE Ueno Atsushi, Ambassador of Japan to Cambodia, discussions unfolded on a groundbreaking initiative—the establishment of the Cambodia-Japan Special Economic Zone. Chaired by HE Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia, […]
Read MoreIndustry Ministry Registers 201 New Factories Amidst Growth Challenges
The industrial sector in Cambodia witnessed a robust surge as the Ministry of Industry, Technology, Science, and Innovation proudly registered 201 new factories in the first 11 months of 2023. Simultaneously, 93 factories have either closed or temporarily shut down, marking a dynamic landscape of growth and adaptation. According to HE Heng Sokkung, Secretary of […]
Read MoreGround Broken on Phase I of Sihanoukville’s US$243m Deep-Water Container Terminal Project
The commencement of the first phase of an expansive deep-water container terminal project in Sihanoukville has been inaugurated by Prime Minister Samdech Hun Manet. The construction, spearheaded by the Japanese firm TOA Corporation and technically supervised by Nippon Koei and Oriental Consultants Global, is slated for completion in 2026 with an estimated cost exceeding US$243 […]
Read MoreCambodia Attracts 15 New Investment Projects Worth US$247m in 15 Days in December
In a remarkable economic stride, Cambodia has welcomed a wave of 15 new investment projects, collectively injecting over US$247 million into the nation’s burgeoning industrial landscape within just 15 days in December 2023. The Council for the Development of Cambodia (CDC) has granted registration certificates to these visionary enterprises, poised to stimulate economic growth and […]
Read MoreNew 30,000-Seat Stadium to Redefine Sports & Leisure in Sihanoukville
In a visionary move aimed at enhancing Sihanoukville’s allure, the provincial administration has unveiled plans to construct a cutting-edge stadium with a capacity for over 30,000 spectators. This monumental project, discussed in a review meeting on 18 December 2023, signifies a substantial leap in the region’s development trajectory. During the meeting, HE Deputy Prime Minister […]
Read MoreADATA Unveils Ambitious $100 Million Investment in Cutting-edge Technology Plant in Cambodia
ADATA Technology Co., Ltd., a globally renowned Taiwanese DRAM memory manufacturer, has officially declared its commitment to a staggering US$100 million investment in various electronic products within the country. The announcement came during a press conference at Sofitel Phnom Penh Phokeethra on 14 December 2023, attended by HE Nim Vannak, CEO of ACE Group, and […]
Read MoreGovernment Greenlights 21 New Projects in November, Attracting Investments of US$619 Million
The Council for the Development of Cambodia (CDC) gave the green light to 21 new projects in November 2023. This strategic move, encapsulating a total investment of nearly US$619 million, is poised to generate approximately 22,000 job opportunities, marking a significant leap forward in the nation’s economic trajectory, according to a CDC press release on […]
Read MoreCambodia & Singapore Unveil US$12 Million State-of-the-Art Cashew Processing Plant in Kampong Thom
CSNC Agriculture, a dynamic Cambodian-Singaporean venture, proudly inaugurated its state-of-the-art cashew processing plant Valued at US$12 million, in Sno village, Trapeang Russey commune, Kampong Svay district, Kampong Thom province. The groundbreaking ceremony, held on 6 December 2023, witnessed the presence of Mr. Kong Vimean, Secretary General of the General Secretariat of the Council for the […]
Read MoreGov’t Plans to Transform Run Ta Ek Area into Run Ta Ek City with Robust Infrastructure
In a visionary initiative, the Cambodian government is set to transform the Run Ta Ek area into a bustling urban center, aptly named Run Ta Ek City. Samdech Hun Manet unveiled this ambitious plan during a gathering with residents of Run Ta Ek village on 8 December 2023, in Siem Reap province. Expressing the government’s […]
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