Projects Development
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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Government, JICA Agree on Loan for SHV Port Expansion Phase 2 & 3
Sihanoukville Autonomous Port, the Ministry of Economy and Finance and JICA have agreed on the loan package for the second and third phases of the Sihanoukville port expansion projects. The loan agreement from JICA to Sihanoukville Autonomous Port comes after JICA provided a US$203 million loan for the first phase of a container terminal expansion […]
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US$40 million Calmette Hospital’s Multipurpose Building 92% Complete
Construction of the Calmette Hospital US$40-million multipurpose extension building has reached 92% completion as of April this year, according to the site inspection by Health Minister HE Man Bunheng on 27 April. HE Man Bunheang said that this building is a major development in the health sector transforming Calmette into a modern and more qualified […]
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ELT, Pointer Join Hands Developing New Large-Scale Innovative Residential Project in Southern Phnom Penh
Two renowned key real estate players—ELT Development and Pointer Property –have joined hands to develop a new residential development in the southern part of Phnom Penh along Hun Sen Blvd, namely Borey ELT Courtyard 60m. ELT Development is a reputable company and has been actively involved in building human resources and education in Cambodia for […]
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FTB Breaks Ground on New US$112 million Headquarters “FTB Tower”
Foreign Trade Bank of Cambodia (FTB) in collaboration with MSNH Investment Co., Ltd (MSNH) has announced the start of construction on its new headquarters named “FTB Tower”. The groundbreaking ceremony was held on 22 April and presided over by HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction. With […]
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New US$8.6 Million Investment Project Approved for Pou Senchey District
The Council for the Development of Cambodia (CDC) has given a permit to QMDJ (CAMBODIA) CO., LTD to invest US$8.6 million in building a garment factory in Phnom Penh’s Pou Senchey district. According to a CDC announcement on 21 April, the new investment will help create approximately 500 jobs for locals. In the first two […]
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US$34-million Japan-Funded Flood Protection & Drainage System Inaugurated
A US$36-million Japan-funded flood protection and drainage system phase 4 in Phnom Penh has been officially inaugurated, playing a vital role in urban development in the capital. The inauguration ceremony was held on 20 April under the presidency of Samdech Prime Minister Hun Sen. The project took 36 months to be constructed, starting from December […]
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