China’s Sailun Group Plans Expansion of Rubber Processing Investment in Cambodia
In a significant move to enhance its presence in Southeast Asia, Chinese tyre manufacturer Sailun Group has announced plans to increase its investment in rubber processing in Cambodia, where it currently operates a tyre factory in Svay Rieng province. The announcement occurred during a recent meeting between Yuan Zhongxue, Honorary Chairman of Sailun Group, and […]
Chinese Company to Establish Cashew Processing Plant in Cambodia
Shandong (Cambodia) Economic and Technological Development Zone, a Chinese company specializing in cassava and cashew cultivation, has announced plans to increase its capital to establish a cashew processing plant in Cambodia. This initiative was discussed during a recent meeting held on November 6, 2024, between His Excellency Hun Manet, the Prime Minister of Cambodia, and […]
Techo International Airport completed more than 90%, cost of USD1.3 billion
As of the first week of November 2024, the construction of Techo International Airport has achieved more than 90% with a cost of more than USD 1.3 billion. HE Sinn Chansery Vutha, Secretary of State and Spokesman for the Secretariat of State for Civil Aviation of Cambodia said on November 6 that the major construction […]
ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of […]
China’s Sailun Group to Launch $110 Million SEZ in Kampot Province
Chinese tyre manufacturing giant Sailun Group has announced plans to develop an industrial park named the “Cambodia Kampot Special Economic Zone Project” (Kampot SEZ) in Cambodia, backed by an impressive $110 million investment. The new venture will be managed by a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., established specifically to implement the Kampot SEZ […]
Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop
Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under $4 billion, a stark contrast to the nearly 4,841 projects worth approximately $12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE Research on […]