Cambodia Welcomes 12 New Investment Proposals Worth USD 135 Million
In a promising development for the nation’s economy, Cambodia received 12 new investment proposals in early February, collectively valued at USD 135 million. These proposals were submitted to the Cambodia Investment Committee, part of the Council for the Development of Cambodia, and will be examined at the upcoming second “Single Gateway Meeting” in 2025. The […]
As of 2024, Phnom Penh has 1877 high-rise buildings with 5 floors or more
As of 2024, Phnom Penh has a total of 453 apartment buildings and 1,877 high-rise buildings with five or more floors. This information was presented by His Excellency Keut Chhe, Deputy Governor of Phnom Penh, on February 1, 2023. Phnom Penh, the largest capital city of Cambodia, is currently experiencing rapid urbanization and industrial growth. […]
Indonesia is set to invest nearly USD 3 billion to complete the second phase of its new capital development
The Indonesian government will allocate an additional 48.8 trillion IDR (approximately USD 2.99 billion) to continue its new capital (IKN) development during the second phase, which spans from 2025 to 2029. Vietnam Plus reported this information on January 23, 2025. In the first phase (from 2022 to 2024), the Indonesian government has already invested 89 […]
Techo International Airport Nears Completion: A New Gateway to Cambodia
In an exciting development for Cambodia’s aviation sector, the Techo International Airport construction project is now over 94% complete, with the total investment reaching nearly USD 1.4 billion. This ambitious project promises to transform the country’s skyways and enhance domestic and international travel connectivity. As of late December 2024, critical infrastructure components, including the Passenger […]
Chinese Company Pledges to Complete Mondulkiri Wind Power Station by 2026
In a significant commitment to renewable energy in Cambodia, HK OASIS Power Energy Development Co., Ltd. has vowed to complete the construction of a 150-megawatt wind power station in Mondulkiri province by 2026. This pledge was made by Mr. Wang Junwei, the company’s representative, during a meeting with HE Chea Vuthy, Secretary General of the […]
Serei Sophorn Welcomes the New 11 hectares of Landfill
In a significant development to enhance urban environmental management around the Tonle Sap Lake, the government officially inaugurated over 11 hectares of landfill on January 17, 2025. This project, part of the Phase 2 initiative, received support through a concessional loan from the Asian Development Bank (ADB). The landfill in Kangvea village of Sangkat Kampong […]