Kampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million

• 20 May 2025
• Local News
• 851 Views

 

Kampong Speu Province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on May 20, 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral District, represents a significant investment of over USD 250 million by Conch KT Cement Company, marking it as one of the largest cement manufacturing projects in the region.

During the inauguration ceremony, Prime Minister Hun Sen praised the establishment of the Conch KT Cement factory, noting that it is equipped to produce more than 2 million tons of cement annually. He highlighted the factory’s potential to meet the growing domestic demand for cement, thereby enhancing the country’s infrastructure development.

His Excellency Keo Rattanak, Minister of Mines and Energy, added that the investment reflects the confidence foreign investors have in Cambodia’s economic prospects. The Chinese-owned Conch KT Cement company is already operational in Battambang province, further underscoring its commitment to contributing to Cambodia’s construction sector. (Read more and more)

The factory’s opening is a significant milestone for Cambodia, which will now host six cement factories by 2025, with a combined investment exceedingly approximately $1.11 billion. This expansion is expected to create around 3,000 jobs, providing a boost to the local economy.

The establishment of such facilities aligns with the government’s vision for industrial growth and self-sufficiency in construction materials. As Cambodia continues to develop, the role of domestic cement production becomes increasingly vital to sustaining economic momentum.

Overall, this new cement factory is not just a testament to foreign investment but also a reaffirmation of Cambodia’s ambitious development trajectory.

• Projects Development
• Cements