Projects Development
Gov’t Approves Six Investment Projects Worth Over US$150m in PP, Kandal, Kampong Speu, Takeo & Sihanoukville Provinces
The Council for the Development of Cambodia (CDC) has approved private investments of more than US$152.6 million to establish five factories and a business center in Phnom Penh, Kandal, Kampong Speu, Takeo, and Sihanoukville. According to the Prakas of the Council for the Development of Cambodia on 5 May 2022, there are six companies that […]
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Ground Broken on US$1.5 billion International Port in Kampot Province
Construction began on an international deep-sea port in Kampot province on Thursday 5 May 2022 with an investment of US$1.5 billion, which will be a major connection for Cambodia’s maritime transport. The ground-breaking ceremony for the international deep-sea port was held on 5 May under the auspices of Deputy Prime Minister HE Chea Sophara, Minister […]
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Hong Lai Huat to Sell Up To US$50m Worth of D’Seaview Units in Cambodia
Hong Lai Huat, on 4 May, announced that it has entered into a term sheet with Fabi Capital, where it will grant the latter the right to purchase up to US$50 million worth of residential and commercial units in D’Seaview. D’Seaview is the company’s upscale mixed-use development project located in Cambodia’s Sihanoukville province. It comprises […]
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Gov’t Approves Three Investment Projects Worth Over US$18m in PP & Kampong Speu
The Council for the Development of Cambodia (CDC) has given permits to 3 private firms to invest in 3 projects worth US$18.8 million in Phnom Penh and Kampong Speu. The first company is ORIENT HONGYE (CAMBODIA) KNITTING CO., LTD., investing US$3 million in building a garment factory in Phnom Penh. The second company is KYLIN […]
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Construction of First Phase of Bak Kheng Water Treatment Plant 60% Complete
The construction of the Bak Kheng Water Treatment Plant, Phase 1, is now 60% complete and is scheduled to be completed as planned, according to an announcement by the Phnom Penh Water Supply Authority on 2 May. The Phnom Penh Water Supply Authority said that by the first quarter of 2022, the first phase of […]
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Kampong Speu Stadium Construction 90% Complete, Scheduled for Inauguration in September
The international standard stadium, initiated by HE Hun Many, member of parliament for Kampong Speu province and President of the Union of Youth Federations of Cambodia, is now 90% complete. The stadium is scheduled to be inaugurated officially in September this year, according to HE Vei Samnang, Governor of Kampong Speu province, stating that the […]
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Kep Plans to Build Two Ports Under ADB Project
The Kep Provincial Administration plans to build two standard ports for fisheries and tourism under the Asian Development Bank’s Sustainable Coastal and Marine Fisheries Project. A meeting on the project was held on 27 April, chaired by Mr. Vao Sokha, Deputy Governor of Kep Province, and ADB representative Mr. Lindsey Saunders, Team Leader of the […]
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Award-Winning Residential Project La Palm Launches New Borey in Southern PP
After the success of their first project, Borey La Palm has once again inked a partnership deal with Pointer Property Co., Ltd. to launch its second project—Palm Springs. The signing ceremony appointing Pointer Property as the exclusive sales and marketing partner for the Palm Springs project took place on 30 April and was joined by […]
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Construction on US$1.3 billion Kampot Multi-Purpose Port to begin in early May
Construction on a new US$1.3-nillion multipurpose port & logistics centre in Kampot province.is set to begin in early May, according to Minister of Public Works and Transport HE Sun Chanthol. HE Sun Chanthol said on 27 April during the SHV port inspection that the development of infrastructure, roads, railways and ports are very vital, responding […]
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Cambodia’s Four Coastal Provinces Receive US$100m for Sustainable Marine Development Projects
A US$100 million fund from the Asian Development Bank (ADB) and French Development Agency (FDA) has been approved for implementing sustainable marine development projects in four of Cambodia’s coastal provinces including Koh Kong, Sihanoukville, Kampot and Kep. ADB will contribute US$70 million including loans and grant aid, while AFD will provide US$30 million. Kep Deputy […]
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