Projects Development
IFAD Provides US$194m to Support Cambodia’s Rural Economy & Agricultural Trade
The International Fund for Agricultural Development (IFAD) has provided US$194 million to support Cambodia’s rural economy and trade in agricultural products. The financing agreement was signed by the President of IFAD Mr Alvaro Lario and the Permanent Secretary of the Ministry of Economy and Finance Mr Vongsey Vissoth on 7 February. Of the US$194 million […]
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Japan Mulls Investing in Cashew-to-Energy Processing Plant in Cambodia
A Japanese company has expressed interest in establishing a factory that processes cashew nuts and cashew nut shells into fuel in Cambodia, according to a meeting between the Minister of Agriculture and Forestry and the CEO of Top Planning Japan Co., LTD on 7 February. HE Dith Tina, Minister of Agriculture, Forestry and Fisheries, said […]
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CDC Approves 11 Investment Projects Worth US$57.9m in Four Provinces
The Council for the Development of Cambodia (CDC) has given permits to 11 private firms to invest a total of US$57.8 million in establishing 11 factories in Kandal, Kampong Speu, Sihanoukville and Phnom Penh. “ONTIME INDUSTRIAL CO., LTD.” will invest US$9 million to establish a metal furniture assembly plant in the Cambodian Special Economic Zone, […]
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Construction of Monivong Flyover Pillars 11% Complete
The construction of the Preah Monivong flyover, the first circular flyover in Cambodia, has been 11% completed as the technical team is currently drilling 219 pillars on Samdech Techo Hun Sen Blvd and Preah Monivong Blvd. Mr Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, told BTV on 7 […]
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Construction of Dara Sakor Int’l Airport 80% Complete
The construction of Dara Sakor International Airport is approximately 80% complete with final completion scheduled for June 2023, according to the company’s report. Director of Dara Sakor International Airport Mao Keo Pich Chanmony told Construction & Property Magazine on 4 February, that the opening date is still uncertain. He said that the remaining work includes the […]
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Royal Group Speeds Up Connection of 60km Submarine Power Line to Koh Rong
Royal Group Koh Rong Development Company, a subsidiary of the Royal Group, has invested in the construction of a submarine power line from the mainland to Koh Rong Island, where the company owns a number of resorts, hotels and an airport. The construction of a 60km submarine power cable, a joint venture between the company […]
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JICA-funded Water Supply Station in Sangkat Niroth Set for Construction in 2024
The third phase of the Sangkat Niroth treatment plant with a capacity to produce water up to 130,000 cubic metres per day is set for construction in 2024. The agreement between Phnom Penh Water Supply Authority and JICA was signed on 2 February 2023. HE Long Naro, Director General of Phnom Penh Water Supply Authority, […]
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US$10-million Techo Sen Koh Thom Hospital More Than 80% Complete
Construction on the Techo Sen Koh Thom Hospital is 80.51% completion, according to Minister of Public Works and Transport HE Sun Chanthol during the inauguration ceremony of the Prek Chrey Commune Health Centre in Koh Thom district, Kandal province on 31 January. The minister said that construction progress is on schedule and set for completion […]
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CDC Approves Three Investment Projects Worth US$18m in Kandal & Takeo Provinces
The Council for the Development of Cambodia (CDC) has given permits for three private firms to invest a total of US$18 million to establish three factories in Takeo and Kandal provinces. “NEW TARGET FOOTWEAR (CAMBODIA) CO., LTD” will invest US$7.5 million to establish a shoe factory in Tipat village, Cheang Tong commune, Tram Kak district, […]
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Construction of US$22m Water Supply System Project in Pursat 64% Complete
The construction of a Japanese-funded water supply system project in Pursat worth US$21.9 million has been 64% completed, according to the Pursat Provincial Administration. Senior Minister Cham Prasidh, Minister of Industry, Science, Technology, and Innovation inspected the construction progress on 27 January. Located in Phsar Leu village, Sangkat Lolok Sor, Pursat city, the construction of […]
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