The Sihanoukville multi-purpose economic zone development project aims to attract over USD 20 billion in investments
Sihanoukville, Cambodia – In a bold stride towards economic transformation, the Cambodian government is setting its sights on the Sihanoukville multi-purpose economic zone development project, which is anticipated to attract over $20 billion in investments from both private sector investors and international development partners over the next 15 years. Mr. Chea Kok Hong, Director of […]
Darasakor International Airport Opens, Ushering in a New Era for Koh Kong Province
Koh Kong Province celebrated a landmark achievement with the inauguration a $200 million Darasakor International Airport on 26 December 202. This state-of-the-art facility invested by the Chinese company Union Development Group spanning 218 hectares in the Botum Sakor district, is poised to transform the region’s connectivity and catalyse economic and tourism growth. The airport’s grand […]
Nearly 19 Hectares of Landfill Inaugurated in Kampong Cham City
A state-of-the-art landfill spanning 18.67 hectares in Koh Roka Village, Koh Roka Commune, Kampong Siem District, Kampong Cham Province, was officially inaugurated on 24 December 2024. This modern garbage disposal site, constructed as part of the Greater Mekong Subregion Corridor Development Project, Phase 4, was funded by a concessional loan from the Asian Development Bank […]
ADB Commits USD 403 Million to Catalyse Cambodia’s Development Across Six Strategic Sectors
The Asian Development Bank (ADB) has approved USD 403 million in loans and grants to support six transformative development projects in Cambodia, focusing on education, gender equality, business, water management, and rural development. This commitment, announced by ADB Country Director Ms Jyotsana Varma during a signing ceremony on 17 December 2024, aligns with the ADB’s […]
61-Kilometre Road Connecting NR No. 4 to Bokor Mountain Completed 7 km of Concrete Pouring
The construction of a new 61-kilometre road linking NR No. 4 to Bokor Mountain has reached a significant milestone, with 7 kilometres of concrete pouring completed as of 19 December 2024. This update was shared by Sokha Real Estate on their official Facebook page that same afternoon, marking steady progress in this transformative infrastructure project. […]
Shangri-La Phnom Penh Sets a New Benchmark in Luxury with $580 Million Investment
A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its $580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivalled comfort and sophistication. The hotel held its temporary inauguration on 15 December […]