In 2023, the Ministry approved 3.2 thousand construction projects worth US$5.4 billion
A report from the Ministry of Economy and Finance showed that in 2023, 3,207 construction projects were granted construction permits, a decrease of 1,068 projects compared to 2022. Construction projects had a total construction investment of us$5,461 million, an increase of 84% compared to 2022. According to the report, the approved construction projects cover over […]
Hong Kong companies want to invest in 5 more key sectors in Cambodia
Sunwah Group from Hong Kong plans to expand its investment in five other key sectors in Cambodia, currently operating a seafood processing plant for export to foreign markets since 1994. This is according to the meeting between Samdech Moha Bovathibodi Hun Manet, Prime Minister and Mr Jonathan K.S. Choi, President of Sunwah Group on April […]
Construction Begins on Quảng Trị’s $580 Million Deep-water Port After 4-Year Delay
Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews, 26 March 2024. Approved by the Prime Minister on January 4, 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to Quảng […]
Manhattan SEZ to Expand Operations in Svay Rieng Province
In a significant move aimed at bolstering economic development in Cambodia, Manhattan Special Economic Zone (SEZ) has announced plans for further expansion in Bavet City, Svay Rieng Province, in collaboration with Singapore’s SJ Group. The announcement came following a high-level meeting between HE Sun Chanthol, Deputy Prime Minister and first Vice President of CDC, Mr. […]
Malaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia
Malaysia’s KSI Strategic Institute, led by President Tan Sri Michel Yao, has unveiled plans to establish the ASEAN Economic Club and explore investment opportunities in Cambodia. This announcement follows a meeting between Samdech PM Hun Manet and Mr. Tan Sri Michel Yao on April 8, 2024. During the discussion, Mr. Tan Sri Yao outlined the […]
CHN ENERGY Plans US$1 Billion Investment in Renewable Energy Projects in Cambodia
China’s leading energy company, CHN ENERGY, has unveiled plans to invest a staggering $1 billion in the development of renewable energy projects in Cambodia. The announcement came following a productive meeting between HE Suon Sophal, Deputy Secretary General of Cambodia’s Investment Committee, and Mr. I Seang, a representative of CHN ENERGY Enterprise, on April 8, […]