Projects Development
Koh Norea Aspires to New Heights with a Towering 555-Metre Landmark
In an audacious venture set to redefine Cambodia’s skyline, the Overseas Cambodia Investment Corporation (OCIC) unveils plans for a colossal building soaring over 500 metres in the Koh Norea development area. OCIC Deputy General Director, Touch Samnang, confirmed the project on 21 November, revealing that despite initial intentions, the pandemic had temporarily delayed its implementation. […]
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KOICA’s US$2M Grant for Svay Rieng Irrigation & Water Supply Study Project
The Korea International Cooperation Agency (KOICA) has bestowed a generous grant of US$2 million for the realisation of a vital feasibility study project. The initiative, focusing on the implementation of the ‘Water Supply and Flood Reduction Measures Project in the Prek Neal Basin in Svay Rieng Province’, marks a collaborative effort between Cambodia’s Ministry of […]
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Six Factories Set to Transform Cambodian Industries in Four Provinces with US$32m Investment
The Council for the Development of Cambodia (CDC) has greenlit the registration of six companies. These enterprises are poised to construct state-of-the-art factories, injecting a collective investment of US$32.26 million into the thriving provinces of Kandal, Kampong Chhnang, Kampong Speu, and the bustling capital, Phnom Penh. The CDC announcement on 21 October 2023, signals a […]
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Road to Progress: Cambodia’s NR 5, Prek Kdam to Battambang, Officially Unveiled
NR No. 5, stretching from Prek Kdam to Battambang province, was ceremoniously inaugurated after an extensive 7-year construction period. The auspicious event was presided over by Samdech Hun Manet, Prime Minister of the Kingdom of Cambodia, on the morning of 22 November 2023. This transformative rehabilitation project spans a total length of 330 kilometres, traversing […]
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Cambodia’s Gold Refinery Shines with Production of 9 Tons
In a glittering testament to Cambodia’s growing prominence in the mining sector, the nation’s commercial gold refinery has proudly unveiled a remarkable achievement—yielding close to 8,979 kilograms of gold ore and contributing a substantial US$14.4 million in royalties as of 17 November. These impressive figures were disclosed by HE Keo Ratanak, Minister of Mines and […]
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KHMER ELECTRICAL POWER Embarks on US$447.5 Million Hydropower Venture in Koh Kong
The Council for the Development of Cambodia (CDC) has given the green light to a colossal initiative. The ambitious project entails the construction of two substantial hydropower plants, with an investment surpassing US$447.5 million, poised to reshape Koh Kong province’s energy landscape. Both hydropower endeavors fall under the stewardship of “KHMER ELECTRICAL POWER CO., LTD,” […]
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Phnom Penh’s Majestic US$84.5M Marriott International Hotel Hits the Ground Running
Phnom Penh is set to elevate its hospitality landscape with the grand inauguration of the Marriott International Hotel, a luxurious five-star haven nestled in the heart of the capital, with a staggering investment of US$84.5 million. This architectural marvel, spearheaded by KHOU TOWER CO., LTD, under the visionary leadership of Okhna Leang Hy, officially commenced […]
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PM Directs Ministry of Land Management to Prepare Comprehensive Master Plan for Cambodia’s New City
Prime Minister Samdech Hun Manet has called upon the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) to meticulously prepare a Master Plan for an upcoming new city. The prime focus of this strategic initiative is twofold: ensuring clarity in public infrastructure development and implementing a well-defined zoning framework. During the inauguration ceremony of […]
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Koh Norea Satellite City: A Vision Unfolding – Phase I Completion Set for 2025
The Overseas Cambodian Investment Company (OCIC) is orchestrating the ambitious 125-hectare Norea Island Development Project, a transformative initiative valued at over US$2.5 billion. Neak Oknha Pung Kheav Se, CEO of OCIC, recently unveiled the project’s momentum, announcing the planned completion of Phase I, a monumental US$550 million investment, by the year 2025. Neak Oknha, speaking […]
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Phnom Penh’s Skyline Set to Soar: Prek Pra Bridge Project Gears Up for 2023 Commencement
The highly anticipated Prek Pra bridge project is poised to break ground in 2023 as negotiations reach the final stages. This news was revealed by Samdech Hun Manet, PM of Cambodia during the inauguration ceremony of “Twin Dragon Bridge, Koh Nora, and the concrete cable bridge connecting Koh Nora Development Zone to Koh Pich Development […]
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