Projects Development
Thai Energy Giant Set to Invest US$100 Million in Cambodian Oil Depot
A well-known Thai gas company SET-Listed PTT Oil and Retail (OR) is poised to infuse approximately US$100 million into the construction of a substantial oil depot in Cambodia. This bold venture, announced by Chairman and CEO Disathat Panyarachun, comes as a testament to OR’s commitment to both Cambodia’s economic resurgence post-pandemic and its overarching expansion […]
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Samrong Blvd. Sets to Redefine Urban Connectivity Upon Inauguration on 21 August
The eagerly awaited Samrong Boulevard is preparing for an official inauguration. Spanning an impressive 5.2km, this meticulously crafted concrete thoroughfare is destined to become the iconic new face of the northern reaches of the city. With a breadth of 30 meters and flanked by spacious 9-meter lanes on either side, Samrong Boulevard is poised to […]
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US$1m Landfill in Svay Rieng City Handed Over to Svay Rieng Provincial Administration
Marking a profound investment in a cleaner and greener future, a cutting-edge solid waste landfill, valued at over US$1 million and spanning an expansive 4 hectares, has been entrusted to the stewardship of Svay Rieng Provincial Administration. The new facility was officially opened and handed over by HE Sao Sopheap, Secretary of State of the […]
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EU Reaffirms US$1.5 Billion to Catalyse Cambodia’s Development
The European Union (EU) has reaffirmed its unwavering dedication to Cambodia’s advancement, earmarking an impressive Euro 1.43 billion (equivalent to US$1.5 billion) for pivotal developmental pursuits which was announced in a Ministry of Foreign Affairs and International Cooperation press release on 16 August 2023. This substantial financial commitment takes centre stage in the Common European […]
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Kampong Speu Prepares for Influx of 25 Chinese Factories by Year End
By the close of 2023 or early 2024 at the latest, Kampong Speu anticipates the establishment of 25 factories from Chinese investors seeking to establish a significant industrial foothold. This ambitious endeavour was unveiled through an official announcement on 15 August 2023, featured on the Facebook page of HE Vy Samnang, Governor of Kampong Speu […]
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Battambang City’s Independence Monument & Historical Park Officially Inaugurated
The long-awaited Samdech Krala Hom Park Independence Monument, Suon Thnong 53 Independence Monument and Betim Rubber Road in Battambang city, a captivating fusion of architectural marvels and lush landscapes, was inaugurated on 16 August 2023, presided over by Samdech Krala Hom Sar Kheng, Deputy Prime Minister and Minister of Interior. The legacy of the Independence […]
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China Invests US$3.95bn on UHV DC Transmission Line to Connect Two Regions
China has taken another monumental step towards its clean energy goals as the construction of an ultra-high voltage direct current (UHV DC) transmission line spanning an impressive 1,634km has commenced. The State Grid Corporation of China, the driving force behind this visionary project, revealed that it involves a substantial investment of approximately US$3.95 billion (28.1 […]
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Sihanoukville’s Third Wastewater Treatment Plant Worth US$20M Successfully Completed
A significant achievement in environmental infrastructure has been marked by the completion of Sihanoukville’s third wastewater treatment plant. The announcement was made following an inspection visit by the National Committee for Coastal Management and Development of Cambodia, led by HE Deputy Prime Minister Chea Sophara, on 11 August 2023. Harnessing the cutting-edge Membrane Aerated Biofilm […]
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Koh Pich-Koh Norea Bridge Linked by End August, Ready for Grand Opening by November
The Koh Pich-Koh Norea Bridge, built by OCIC, is reaching its final phases of construction. The much-awaited link that will seamlessly unite the bustling hub of Koh Pich with the allure of Koh Norea is set to be physically connected by the end of August. The entire construction process is expected to culminate by October, […]
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Japanese Investors Forge Unique Path with Traditional Elderly Haven in Kampong Speu
The allure of Cambodia’s real estate, agriculture, and craftsmanship opportunities has captured the attention of Japanese investors. These forward-thinking entrepreneurs have set their sights on crafting a haven of tranquility and cultural resonance – a traditional Japanese village tailored exclusively for the elderly. Dr. Mong Reththy, the visionary General Director of Mong Reththy Group, shared […]
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