PP-SHV Expressway Company announces to charge the full toll rates from Nov 1 onwards
The Phnom Penh-Sihanoukville Expressway Company has announced that it will begin charging the full toll rates starting November 1, 2024. The previously offered 20% discount will end at 00:00 on October 31, 2024. This information was confirmed in the company’s announcement dated October 31, 2024. The expressway company will continue to provide free Electronic Toll […]
China’s tyre manufacturer Sailun plans to build SEZ in Cambodia
Chinese tyre manufacturer Sailun, operating tyre production manufacturing in Svay Rieng province, announced on October 30 that the company would build an industrial park in Cambodia called “Cambodia Kampot Special Economic Zone Project” (Kampot SEZ), Tyrepress reported on October 31. Sailun said that it is preparing to set up a wholly-owned subsidiary, Kampot Bay Investment […]
MPWT plans to develop a big wastewater treatment system on 30 hectares in Takhmao City
The Ministry of Public Works and Transport plans to develop a large wastewater treatment system on a 30-hectare site in Prek Thi Village, Roka Khpos Commune, Takhmao City, Kandal Province. This was announced during a meeting led by HE Ros Vanna, Secretary of State of the Ministry of Public Works and Transport and Project Director, […]
Phase 2 of Moradok Techo Flyover Set for Early Completion by February 2025
The Moradok Techo flyover project in Phnom Penh is on track to complete Phase 2 ahead of schedule, with finalisation now anticipated by February 2025. This accelerated timeline follows the temporary opening of Phase 1, inaugurated on 1 April 2024 to help ease traffic flow and facilitate commuter movement, as shared by Mr Keut Chhae, […]
Cambodia and South Korea Forge Strategic Alliance to Drive Investment Cooperation
The Council for the Development of Cambodia (CDC) and the South Korean Embassy in Cambodia convened their inaugural public-private sector dialogue on 24 October 2024 to strengthen investment cooperation. Led by HE. Sun Chanthol, Cambodia’s First Deputy Prime Minister and Vice President of the CDC, alongside Mr. Park Jung Wook, the Ambassador of the Republic […]
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 […]