Projects Development
Gov’t Approves Four Projects Worth Over US$17 million in Phnom Penh & Kandal Province
The Council for the Development of Cambodia (CDC) on 31 May 2022 approved the investment of US$ 17.1 million by private companies to establish four new factories in Kandal and Phnom Penh. According to the investment proposal of the companies, the Investment Committee of the Council for the Development of Cambodia decided to issue investment […]
Read More
Government Approves Nature Tourism Resort Investment Project on Koh Sramoch
The Cambodian Investment Board of the Council for the Development of Cambodia has approved an investment project on Koh Sramoch in Sihanoukville for natural tourism development. The Cambodian Investment Board, under the Council for the Development of Cambodia, the Preah Sihanouk Provincial Administration, and relevant ministries and institutions held a meeting on the master plan […]
Read More
SSEZ to Build Second Phase Industrial Park to Accommodate 300 Factories
The Sihanoukville Special Economic Zone (SSEZ) is in the stage of preparing for the construction of the second phase of the industrial park, which can accommodate up to 300 factories and enterprises. According to the Chinese Embassy in Cambodia, the first phase of the SSEZ’s industrial park has been completed, accommodating 170 companies, which has […]
Read More
World Bank Provides US$169M Grant to Cambodia for Natural Disaster Resilience of Rural Roads
The World Bank has approved US$169 million in new financing for Cambodia to improve the disaster and climate resilience of the rural road network, which is implemented by the Ministry of Rural Development (MRD), according to a press release on 25 May. The new funding is for the Cambodia Southeast Asia Disaster Risk Management Project […]
Read More
CDC Approves Four Investment Projects Worth about US$8.4M in PP & Sihanoukville
The Council for the Development of Cambodia (CDC) has given permits to four private firms to qualified investment in four projects worth US$8.4 million in Phnom Penh and Sihanoukville. The first company is Xiantong Wire and Cable Co., Ltd., investing US$5 million in building a factory to produce wires, cables, and extension cords in Sihanoukville […]
Read More
US$20-million Electric Motorcycle Assembly Plant in Kandal Province Launched
Inion Mobility Co., Ltd. launched officially its motorcycle and tricycle assembly plant on 24 May 2022, becoming the first electric vehicle assembly plant in Cambodia. Located in Sovannaphum Special Economic Zone, Kien Svay district, Kandal province, the motorcycle, and electric tricycle assembly plant has a total investment of over US$20 million. The investment is for […]
Read More
New Kompong Popil Market in Prey Veng Worth Over US$1M Officially Inaugurated
Samdech Krolahom Sar Kheng, Minister of Interior, officially inaugurated the new Kompong Popil Market worth about US$1.47 million in Kompong Popil commune, Pea Reang district, Prey Veng province on 24 May 2022. Construction on the market began in February 2021 and was completed in April 2022 under the support of Samdech Sar Kheng and other […]
Read More
Ministry of Public Works, World Bank Discuss Infrastructure Development
The Ministry of Public Works and Transport and the World Bank have discussed road infrastructure development projects and wastewater treatment plants in Cambodia. The discussion was held on 24 May between the Acting Minister and Secretary of State HE Touch Chan Kosal and Benedict L.J Eijbergen, World Bank Transport Manager. During the meeting, the two […]
Read More
SSEZ’s export-import amount increase by 50 percent in four months
The value of the import-export value of Sihanoukville Special Economic Zone has increased significantly in the first four months of 2022, reflecting the strong development and activities in the zone. The report of the Sihanoukville Special Economic Zone shows that the total import and export volume amounted to US$930 million in the first four months […]
Read More
308-hectare eco-tourism development investment project receives in-principle approval
The relevant authorities approved a 308-hectare eco-tourism development investment project in Sre Ambel district, Koh Kong province, while the project owner was requested to prepare a details investment and business plan and submit it to the Ministry of Environment for review and decision. Relevant officials led by a senior official at the Ministry of Environment, […]
Read More