Projects Development
Gov’t Approves Two Investment Projects Worth $US6M in Takeo and Kampong Speu
The Council for the Development of Cambodia (CDC) on May 20, 2022, approved a private company to invest in a total of 6.1 million US dollars in the construction of two factories in Kampong Speu and Takeo provinces. According to the investment request of the company, the Investment Committee of Cambodia of the Council for […]
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India Plans to Connect to Cambodia by Highway
The Royal Government of Cambodia and the Government of India have discussed the implementation of the India-Myanmar-Thailand Expressway project and the expansion to Cambodia, Laos, and Vietnam. The discussions were held between Cambodian Prime Minister Samdech Techo Hun Sen and his Indian counterpart HE Narendra Modi via an online video on 18 May. During the […]
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U.S. Makes US$150 Million Commitment to ASEAN
The United States has promised to spend US$150 million on Southeast Asian infrastructure, security, pandemic preparedness, and other efforts. The information was announced by U.S. President Joe Biden at the start of a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in Washington. Biden’s administration hopes the efforts will show the countries […]
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Ministry Urges Anco to Implement 333-Hectare Project Quickly
The Ministry of Environment has requested Anco Water Supply Co Ltd to prepare a clear legal procedure and business plan for a 333-hectare water supply business investment project in Kirisakor district, Koh Kong province. According to the report on work review in 2021 and set objectives in 2022 of the Koh Kong provincial administration, the […]
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Singapore Plans to Invest $US540M in Sustainable Energy in Vietnam
SP Group, a Singaporean state-owned electricity and gas distributor, has pledged an investment of S$750 million (US$540 million) for sustainable energy in Vietnam. The company will support the country’s transition to green energy by providing solutions for both the public and private sectors, its CEO Stanley Huang said at a press conference VN Express reported […]
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Construction Starts on Aeon Mall Multifunctional Logistics Centre
The ground has been broken on the multifunctional logistics centre of Aeon Mall (Cambodia) Co Ltd in Sihanoukville SEZ, according to the official website of the Preah Sihanouk Provincial Administration, published from the opening ceremony of Krong Pali on 11 May 2022. Aeon Mall will operate this centre equipped with the necessary licenses required for […]
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CDC Approves Four Investment Projects Worth Over US$13M in PP, Kandal, Kampong Speu & Takeo
The Council for the Development of Cambodia (CDC) has given permits to 4 private firms to invest in 4 projects worth US$13.9 million in Phnom Penh, Kandal, Kampong Speu and Takeo. The first company is GLORY LIGHT (CAMBODIA) INTERNATIONAL CO., LTD., investing US$3.2 million in building a factory to produce kitchen and office materials (made […]
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Mlech Water Treatment Facility in Kampot Worth Over US$2M Officially Inaugurated
The Mlech water treatment facility located in Bak Nim Village, Chres Commune, Chum Kiri District, Kampot province, and worth over US$2.66M was officially inaugurated on 10 May 2022. Construction on the water treatment and water supply system as well as other infrastructures began on 24 December 2018 and completed the water production test process on […]
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US-ASEAN Business Council to Mobilise US Energy Companies to Invest in Cambodia
The US-ASEAN Business Council will mobilize more US energy companies to invest in Cambodia as Cambodia develops rapidly in the energy sector, including in oil and gas. The remarks were made by HE Michael W. Michalak, Senior Vice President and Regional Managing Director of the US-ASEAN Business Council, during a meeting with HE Suy Sem, […]
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Japan to Loan the Philippines US$2.2bn for Metro Manila Rail Project
The Japanese government, via the Japan International Cooperation Agency (JICA), has agreed to loan $2.2bn to the Philippine government for the first phase of its Metro Manila subway rail scheme, reported GCR. The project will include 15 underground stations and around 27km of track between Valenzuela City in the north of Metro Manila and Pasay City […]
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