Projects Development
Chinese Firm to Build US$258m Cement Plant in Kampong Speu Province
Chinese company CONCH KT CEMENT (PHNOM PENH) COMPANY LIMITED has been granted a registration certificate from the Council for the Development of Cambodia (CDC), underscoring an audacious US$258 million investment in a cement manufacturing facility nestled in the Oral district in Kampong Speu province. The validation was confirmed by an official announcement by CDC on […]
Read More
US$3bn Buddhist Peace Culture Centre to be Built in Siem Reap
An awe-inspiring project that embraces serenity, spirituality, and global unity is set to grace the vibrant landscapes of Siem Reap province in December this year. Spanning an expansive 288 hectares with an estimated budget of approximately US$200 million, augmented by ancillary infrastructure investments reaching a sum of US$3 billion, the Buddhist Peace Culture Centre’s inception […]
Read More
Charting a Transit Revolution: Siem Reap’s Light Rail Dream Gains Feasibility Study Momentum
The grand vision of introducing a modern light rail system to Siem Reap inches closer to reality as the project advances into the crucial phase of data collection and impact assessment. A consultative meeting held on 23 August 2023, between Siem Reap provincial authorities and China Metro, a Chinese infrastructure company, marked another milestone in […]
Read More
Save The Lives to Build Sustainable Plastic Cement Brick Factory in Siem Reap
A groundbreaking initiative poised to redefine waste management and environmental sustainability is taking shape in Siem Reap. Save The Lives (Cambodia) Co., Ltd, a trailblazing entity in the realm of social responsibility, is set to establish an innovative urban solid waste recycling plant on over 5 hectares of land. The vision to convert waste into […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More