Projects Development
US$4.2 Bln Hanoi Smart City to Begin Work in 2023
Sumitomo Corp, a Japanese trading company, and Vietnamese real estate developer BRG Group are set to commence work on a $4.2-billion smart city in Hanoi, Vietnam, in 2023. According to Shiomi Keigo, Sumitomo’s chairman and CEO, the companies have requested that Hanoi authorities expedite the process of adjusting the 1:500-scale plan to allow for the […]
Read More
Cambodia-Chinese Accelerate Phnom Penh-Poipet Expressway Project
Cambodia and China are working together to accelerate infrastructure development projects in Cambodia, focusing on the Phnom Penh-Poipet Expressway. The Department of Foreign Capital and Foreign Investment in China has expressed strong support for the priority project and plans to establish a technical working group to expedite activities related to the high-speed railway project. This […]
Read More
Preah Vihear Authority warns mining investors to be careful as 22 mining companies are currently operating
The Preah Vihear province currently has 22 licensed mining companies conducting exploration and research in the area, prompting the provincial governor to issue a warning to potential investors to be careful and not fall prey to land brokers’ scams. HE Kim Rithy, the Governor of Preah Vihear Province, confirmed the number of mining companies present […]
Read More
Phnom Penh and Takhmao City facing water shortage, plans to increase production capacity
Phnom Penh and Takhmao City, Kandal Province are currently facing a water shortage of about 250,000 cubic meters per day, with the demand reaching up to 890,000 cubic meters. The Phnom Penh Water Supply Authority has a production capacity of only 640,000 cubic meters per day, leading to a shortage of water supply in some […]
Read More
Prey Veng Province’s Investment in Real Estate and Services Nears US$ 200M Over 5 Years
Prey Veng Province has invested almost 200 million dollars in real estate and other services from 2018 to 2022, according to HE Chea Somethy, Governor of Prey Veng Province, in a statement on March 22, 2023. The governor emphasized that the province had attracted national and international investors in the past five years, significantly increasing […]
Read More
Bokor National Park Now Connected to NR No. 4
A new road connecting Monivong Bokor National Park to NR No. 4 is now only 9 kilometers away from completion. As of March 18, 2023, the 61-kilometer road has been cleared for 52 kilometers, according to an inspection by Oknha Sok Kong. The road connecting Bokor Mountain to NR at km 158 + 200, which […]
Read More
International aviation flight center officially launches in Cambodia
Lanmei University of Cambodia has recently launched an international aviation flight simulator center, equipped with a $10 million Airbus A320 full flight simulator (FFS) for training. The center, located near the Phnom Penh International Airport, aims to build human resources in the aviation industry in Cambodia. The launching ceremony on March 21 was attended by […]
Read More
KOJIMA HOLDINGS Plans to Build Cassava-Based-Bio Ethanol Plant in Cambodia
KOJIMA HOLDINGS Co., Ltd, a Japanese-based company, has expressed interest in investing in the production of ethanol made from cassava using modern technology and equipment in Cambodia. This move is aimed at reducing carbon dioxide emissions in the country. The company has submitted a proposal for the “Cassava Based-Bio Ethanol Production Plant in Cambodia” to […]
Read More
CDC Approves US$18.2m Investment in Cambodia’s Manufacturing Sector
The Council for the Development of Cambodia (CDC) has recently given the go-ahead for four new investment projects in the country’s manufacturing industry, with a total worth of US$18.2 million. These ventures are set to create thousands of job opportunities across Kandal, Svay Rieng, and Phnom Penh. According to the CDC, the first company to […]
Read More
Chinese Experts Conduct Feasibility Study for High-Speed Rail Project in Cambodia
Chinese infrastructure firm, CHINA METRO GROUP, has sent representatives to Cambodia to study the country’s transportation infrastructure development plans, particularly in the city. The visit followed a request made by Samdech Hun Sen Prime Minister of Cambodia to study the feasibility of two high-speed light rail projects in Phnom Penh and one in Siem Reap […]
Read More