Projects Development
Construction of Techo Peace Hospital Over 80% Complete
The construction of the Techo Peace Hospital is more than 80% complete and is scheduled for completion in June 2023, according to site inspection by Prime Minister Samdech Hun Sen on 19 January. Equipped with modern facilities and tools, the hospital will be specialised in treating cancer patients, especially women, said PM Hun Sen. “Also, […]
Read More
Indonesia to Break Ground on US$2.7bn Housing Project in New Capital in Q2
Indonesia plans to begin construction of its US$2.7 billion large-scale residential project for civil servants in its new capital by Q2 this year, reported Reuters on 18 January. Head of the Nusantara National Authority Bambang Susantono said his office was negotiating with three private developers for the housing project: a consortium of China’s CCFG Corp […]
Read More
KOICA Approves US$3m Project to Preserve Tuol Sleng Museum Phase II
The Korea International Cooperation Agency (KOICA) approved a US$3 million budget for the preservation of Tuol Sleng Museum (Phase II), according to the official meeting on 17 January. The project will be implemented in five years starting from 2024 under the cooperation between the Ministry of Culture and Fine Arts, KOICA, and UNESCO. Besides this […]
Read More
Royal Group to Build US$300m International Airport on Koh Rong Island
The Royal Group Koh Rong Development Company, a Royal Group Co Ltd subsidiary, will build an international airport on Koh Rong which will take five years to complete. The agreement on the airport master plan was signed on 18 January under the presidency of the Minister in charge of the State Secretariat of Civil Aviation […]
Read More
New Heritage Police Station Inaugurated in Angkor Park
A new heritage police station in Angkor Park worth more than US$1.7 million has been officially inaugurated. The inauguration ceremony was presided over by Deputy Prime Minister Samdech Sar Kheng on 17 January. The new building was built in the APSARA zone with construction funded by the 2018 Conservation Fund of the APSARA Authority. The […]
Read More
Cambodia has nearly 2,000 industrial plants worth US$16 billion in 2022
Cambodia has 1,982 factories in operation by 2022 with a total investment capital of US$16.6 billion, according to a report from the Ministry of Industry, Technology, Science and Innovation. From January to December last year, the ministry registered 186 new factories and enterprises, while only 168 new factories opened in 2021. 83 factories closed in […]
Read More
Chinese display maker BOE to invest US$400m to build two factories in Vietnam
Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest up to US$400 million to build two factories in Vietnam. According to Reuters, BOE is in talks to rent dozens of hectares of land in north Vietnam to add to its relatively small […]
Read More
Japan Assists Cambodia in Planning Urban Water Supply Development
The Ministry of Industry, Science, Technology, and Innovation, in collaboration with the Japan International Cooperation Agency (JICA), will co-develop an urban water supply development plan. The agreement was signed between the two parties on 12 January 2023. The project will be implemented in mid-2023 when both parties will draft guidelines for the development of the […]
Read More
Accor to Launch Cambodia’s First Ibis Budget Hotel in Q1 2023
Renowned hotel group Accor will open the first Ibis Budget hotel in Cambodia, Ibis Budget Phnom Penh Riverside, in the first quarter of 2023. According to Travel News Asia last week, the Cambodian Overseas Investment Company (OCIC) of Neak Oknha Pung Kheav Se owns the new hotel. “We are happy to be able to propose […]
Read More
MPWT plans to build a large wastewater treatment system in Kampong Spue
The Ministry of Public Works and Transport is collaborating with BUCG to study the feasibility of establishing another large wastewater treatment system project in Chbar Morn City, Kampong Speu Province. This is according to the meeting of the Ministry of Public Works and all stakeholders on January 10, 2023. HE Ros Vanna, Secretary of State […]
Read More