Projects Development
Cambodia and Korea Sign US$1.6 Billion Concessional Loan Agreements for Development Projects
Cambodia and Korea signed 32 concessional loan agreements worth a total of US$1.6 billion to finance 29 development projects and programs by 2022. This was announced during a courtesy call between HE Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, and HE Park Jung-Wook, Korean ambassador to Cambodia, on 3 April. Under […]
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New Rehabilitation Center in Poipet Nears Completion, Aiding Victims of Human Trafficking
The New Rehabilitation Center in Poipet, valued at US$2.3 million, is now over 55% complete, with the remaining work scheduled to finish in August 2023. A recent site visit conducted by HE Nhek Vannara, Secretary of State of the Ministry of Social Affairs, Veterans and Youth Rehabilitation, confirmed the progress. The center aims to aid […]
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Ratanakkiri Governor Announces Plans to Build Large Airport Connecting Four Provinces
The Ratanakkiri provincial administration has set aside nearly 1,400 hectares for the construction of a large airport to connect the four contiguous provinces. This was stated by HE Nhem Sam Oeun, Governor of Ratanakkiri Province at the press conference on “Success in the past five years” on the morning of 4 April 2023. HE Governor […]
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Cambodian Gambling Management Commission breaks ground construction for modern building
The Cambodian Gambling Management Commission broke ground on the construction of its modern building located in Samdech Pan (214) Street, Boeung Reang commune, Daun Penh district. The groundbreaking ceremony was held on April 5 under the presidency of HE Dr Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance and Chairman of the Cambodian […]
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Siem Reap’s New International Airport Nears Completion with 92% Project Progress
The new Siem Reap International Airport, located in Tayek commune, Sot Nikum district, is in its final stages of completion, with 92% of the construction project already accomplished as of 31 March 2023. A working group from the General Department of Construction of the Ministry of Land Management, Urban Planning, and Construction inspected the site […]
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Rattanakiri Complete Over 2600 Development Projects With US$62M Investment in Five Year
In the last five years, between 2018 and 2022, the Rattanakiri province has requested to implement a total of 13 994 development projects which required a total investment budget of US$ 311.85 million. For all that, only 2 614 projects had been completed by using a total capital of US$ 62.46 million. Speaking at a […]
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Gov’t plans to build two national roads with a length of more than 200 km in Ratanakkiri province
The Cambodian Government plans to build two new national roads, the first from Ratanakkiri province to Vern Sai district and the second line to Kantouy Neak in 2028, with a total length of more than 200 km, using the national budget. This is according to the press conference on “Success in the past 5 years” […]
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Indonesian Investors Show Interest in Cambodia’s Investment Opportunities with US$69M Proposals
Cambodia is attracting new foreign investment from Indonesia, with proposals for 22 projects worth about US$69 million in industrial, agricultural, and service sectors. The Council for the Development of Cambodia confirmed the proposals on 3 April 2023, following a courtesy call between HE Sok Chenda Sophea, Minister Delegate to the Prime Minister, Secretary General of […]
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Kratie Province to Receive $40 Million for 3 Roads Upgrade
Kratie province is set to receive a major infrastructure boost with the announcement of a new road upgrade project worth $40 million. The project will see the rehabilitation, expansion, and upgrading of three sections of roads, spanning more than 98 km. A groundbreaking ceremony was held on 4 April 2023, to mark the beginning of […]
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Kampong Speu to Welcome 10 Hong Kong Companies, Generating Over 10,000 Jobs
Kampong Speu province is set to welcome at least 10 companies from Hong Kong in the near future, according to HE Vy Samnang, the Governor of Kampong Speu, in a Facebook post on 2 April 2023. The companies will invest in the clothing, shoes, and bags industry, generating more than 10,000 job opportunities for the […]
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