Projects Development
Chinese Giant DANONG Partners with Four Firms to Cultivate Cambodia’s Agricultural Potential
DANONG Agricultural Development Group, a major Chinese company, has inked agreements with four strategic partners for substantial agricultural investments in Cambodia. The signing ceremony took place on 12 September 12023. The esteemed collaborators joining forces with DANONG are the Cambodia Agriculture Cooperative Alliance (CACA), Agri Bank Construction Land, Panagri International Farm Co., Ltd., and Century […]
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Japan’s Strategic Investment Plans: Advancing Cambodia Through High-Tech Raw Materials Processing
Japanese investors have expressed keen interest in bolstering small and medium enterprises (SMEs). Their vision includes harnessing cutting-edge Japanese technology to process Cambodian raw materials into high-quality finished products, primed for export. This initiative holds the potential to not only boost the Cambodian economy but also impart crucial skills to its workforce. The announcement came […]
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Toyota Assembly Plant in Phnom Penh SEZ Inaugurated Next Year
Exciting news on the automotive front with the much-anticipated Toyota assembly plant, nestled within the Phnom Penh Special Economic Zone (SEZ), being poised for a grand inauguration in 2024. His Excellency Ueno Atsushi, Japanese Ambassador to Cambodia, recently shared this pivotal update during his courtesy call on Hun Sen, a significant event hosted at the […]
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Phnom Penh’s New Koh Pich-Koh Nora Bridge Set to Open Temporarily in October
The cable-stayed concrete bridge spanning from Koh Pich to Koh Nora in the Chamkarmon and Chbar Ampov districts is now complete and poised for inauguration on 27 October. This eagerly awaited development was announced during a bridge connection ceremony presided over by His Excellency Khuong Sreng, the Governor of the Board of Governors of Phnom […]
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One US-based chipmaker committed US$1.5b to build the largest chip-making factory in Ho Chi Minh City
Following President Biden’s visit to Vietnam, the United States has announced a groundbreaking semiconductor partnership that aims to leverage Vietnam’s potential in bolstering resilient semiconductor supply chains, according to the White House’s Press dated 11th, September 2023. “The United States recognizes Vietnam’s potential to play a critical role in building resilient semiconductor supply chains, particularly […]
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New East Solar Energy: From Cambodia Brand to the USA, Lighting Up a Brighter Clean Technology Future
New East Solar Energy, a prominent player in the solar industry based in Cambodia, is expanding its horizons across the globe. The company is set to inaugurate a colossal 2-gigawatt (2 million kilowatts) solar panel manufacturing facility in Phoenix, Arizona, contributing to the creation of 350 jobs. This groundbreaking development, reported by Solar Power World […]
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Kia Explores Ambitious Plans for First ASEAN Production Hub in Thailand
South Korea’s automotive giant, Kia Corp, is actively contemplating the establishment of its inaugural production facility in Thailand. This ambitious venture is set to boast an impressive annual production capacity of 250,000 vehicles, significantly enhancing Kia’s presence in the Southeast Asian market. Channel News Asia reported this development on 8 September 2023. Kia, renowned as […]
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Nine New Factories with US$54.43M Investment Set to Create Over 13,000 Jobs in Five Provinces
In a significant boost to Cambodia’s industrial sector, the Council for the Development of Cambodia (CDC) has given the green light to nine companies poised to invest a total of US$54.43 million. These ventures are expected to generate a substantial job market, providing employment opportunities for 13,888 individuals across several provinces, including Kampong Speu, Kandal, […]
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S. Korean Company, Daehan Corporation, Proposes Plastic Waste Processing Plant in Sihanoukville
South Korean company Daehan Corporation is eyeing the establishment of a cutting-edge plastic waste processing plant in Sihanoukville. The project aims to transform plastic waste into an essential part of daily life in the region, contributing to environmental sustainability, according to the presentation of the company at Sihanoukville Provincial Hall on September 7, 2023. Mr. […]
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CT II Invests US$92.2m in Power Substation Linking Kampong Cham to Kratie
In a pivotal decision aimed at bolstering Cambodia’s power infrastructure, the Council for the Development of Cambodia (CDC), has granted an investment project registration certificate to CAMBODIAN TRANSMISSION II CO., LTD (CT II). This significant development, announced by the CDC on 7 September 2023, will see the construction of a cutting-edge substation, facilitating the transmission […]
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