Projects Development
Construction on New US$60m Interior Ministry HQ 65% Complete
Construction on the new Ministry of Interior headquarters is over 65% complete and is scheduled to be final completion in July 2023, according to the announcement of the Ministry of Interior on 10 February. The new Ministry of Interior building is 9 floors high with a total area of 105,545 sqm. The construction began in […]
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Chinese Firms Jointly Provide US$4.5m to Build Two Major Infrastructure Projects in Cambodia
Three major Chinese companies have jointly provided more than US$4 million in grants to Cambodia to construct two major infrastructure projects, according to the meeting between PM Samdech Hun Sen and three Chinese companies during his trip to China on 9 February. The three significant investors are China Road Bridge Corporation, Beijing Urban Construction Group, […]
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PM Requests China to Study Feasibility of High-Speed Railways in PP & SR
Prime Minister Samdech Hun Sen has asked China Metro Group Limited to study two high-speed light rail projects, one in Phnom Penh and another in Siem Reap, to reduce traffic congestion. This is according to a meeting between PM Hun Sen and three major Chinese companies on 9 February during an official visit to the […]
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Austrian Firm Studies Feasibility of Building Cable Car System in Phnom Penh
The Austrian company Doppelmayr Group has been studying the possibility of a “Cable Car” project in Phnom Penh. In the past, the company has expressed interest in investing in transportation using cable cars to promote public transport in Phnom Penh, Cambodia. (Read more) In a meeting with the Permanent Secretary of State of the Ministry […]
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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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