Projects Development
PM Inaugurates USD10 Million Techo Santepheap Ankoul Beach Road to Boost Tourism in Kep
The USD 10 million Techo Santepheap Ankoul road project, aimed at enhancing tourism infrastructure, was officially inaugurated in Ang Kol, Kep village, and Angkor village in Ang Koul commune, Damnak Chang Eur district, Kep province. Led by PM Samdech Hun Manet, the ceremony on 11 November 2024 marked the completion of this pivotal project in […]
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Chinese Guoxing Group Commits to Major Investments in Cambodia’s Industrial & Agricultural Sectors
Guoxing Group, a prominent Chinese conglomerate, has reaffirmed its commitment to establishing a major industrial park in Cambodia and is actively exploring agricultural investment, particularly in the production of organic fertilisers. This announcement followed a strategic meeting between Samdech Hun Manet, PM of Cambodia, and Mr. Li Guolian, President of Guoxing Group, on 6 November […]
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Sailun Group to Boost Cambodia’s Rubber Processing Industry with Expanded Investment
Chinese tire manufacturing giant Sailun Group has announced a substantial plan to increase its investment in Cambodia’s rubber processing industry, aiming to expand the output of its Svay Rieng-based tire factory. This key decision was highlighted during discussions between Yuan Zhongxue, Honorary Chairman of Sailun Group, and PM Hun Manet at the 8th Greater Mekong […]
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Chinese Firm Expands Investment with New Cashew Processing Plant in Cambodia
Shandong (Cambodia) Economic and Technological Development Zone, a major Chinese agricultural firm, has announced a substantial capital increase to establish a new cashew processing plant in Cambodia, further advancing its agricultural production footprint. This decision was revealed during a meeting on 6 November 2024 between Cambodian PM HE Hun Manet and Mr. Wu Yu Jie, […]
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Techo Int’l Airport Nears Completion at Over 90%, Already Costs USD 1.3 Billion
The Techo International Airport project has surpassed 90% completion as of early November 2024, with construction costs exceeding USD 1.3 billion. This milestone was announced by HE Sinn Chansery Vutha, Secretary of State and Spokesman for the Secretariat of State for Civil Aviation, on 6 November 2024. HE confirmed that major construction would conclude by […]
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ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of […]
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China’s Sailun Group to Launch USD 110m SEZ in Kampot Province
Chinese tire manufacturing giant Sailun Group has announced plans to develop an industrial park named the “Cambodia Kampot Special Economic Zone Project” (Kampot SEZ) in Cambodia, backed by an impressive USD 110 million investment. The new venture will be managed by a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., established specifically to implement the Kampot […]
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Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop
Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under USD 4 billion, a stark contrast to the nearly 4,841 projects worth approximately USD 12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE […]
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USAID Grants USD 55 Million to Cambodia, Prioritising Food Security, Health & Environment
The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director […]
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PM Celebrates Inauguration of USD 62 Million Dam Rehabilitation Projects in Mondulkiri
Three major dam rehabilitation projects in Mondulkiri, the Otethipadi, Sen Sokdom, and Sen Monorom dams, have officially been inaugurated, representing a USD 62 million investment aimed at transforming the province’s water infrastructure. The inauguration ceremony, presided over by PM Hun Manet, marked a significant step towards improving local livelihoods, with the projects set to supply […]
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