Investment and Funding
Turkish Investors Mull Investing in Cambodia’s Construction Sector
Turkish investors have expressed interest in investing in Cambodia’s construction sector, citing that Cambodia has very high investing potential, according to the Cambodian Chamber of Commerce. The interest was raised by Mr Ferudun Cevahiroglu, President of the Turkish Federation of Industrial Businesses, in a meeting held on 26 February with the Cambodian delegation led by […]
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PM Hun Sen Encourages Malaysia to Invest in Cambodia’s Construction & Real Estate Sectors
Cambodian Prime Minister Samdech Hun Sen has encouraged Malaysian investors to take part more in the construction, real estate, and other potential sectors in Cambodia, citing that total Malaysian investment in Cambodia currently ranks third. Addressing a joint press conference with Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob on 24 February, PM Hun Sen […]
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Inter-Ministries, WB to Establish Standardised Solid Waste & Plastic Management in 5 Cities
The Ministry of Interior has partnered with the Ministry of Economy and Finance, the Ministry of Public Works and Transport, the Ministry of Environment and the World Bank to study and develop a project to improve solid and plastic waste management in Cambodia. The project will be implemented with a US$60-million budget funded by the […]
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Japan Plans to Invest in Building 2000-Unit Housing Project in Siem Reap
Japanese company UR Linkage Co Ltd has unveiled a study plan to invest in building a 2,000-unit Japanese standard affordable housing project in Siem Reap. This project was presented in the 3rd Public-Private Forum on “Cambodia-Japan Urban Development’ held on 16 February. Named Sakura Angkor, the project is currently in the study phase and is […]
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Five firms sign MoU to strengthen real estate investment between Cambodia and EU
Five major local and international companies have entered partnerships on new investment opportunities to promote real estate investment between Cambodia, Canada and Portugal. The MoU was signed on 18 February between Zillennium Co., Ltd (Z1 Group), Z1 Financial, Century 21 Fortuna Investment, Mercan Group and Mercadia Cambodia. The collaboration is an important step towards contributing […]
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Hong Kong-Based SUNWAH Group Mulls Investing in Real Estate Sector in SHV
The Sihanoukville provincial administration has expressed its full support to Hong Kong-based SUNWAH Group which intends to invest in the real estate sector in Sihanoukville, as company representatives are currently exploring investment potential in the province. The investment plan was unveiled during the meeting between Sihanoukville Governor HE Kouch Chamroeun and Director of SUNWAH Mr […]
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CDC Approves Six New Investment Projects Worth US$66 Million
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest approximately US$66 million to build five factories and one shopping mall in Phnom Penh, Kampong Speu, Takeo, and Sihanoukville. According to the CDC announcement on 17 February, the six companies are: 1- MEKO INTELLIGENT (CAMBODIA) CO., LTD investing US$32 […]
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Singapore Mulls Investing More in Three Major Sectors in Cambodia
Singapore’s Minister for Foreign Affairs Vivian Balakrishnan has said Singapore intends to invest more in three major high-potential sectors in Cambodia including trade, cold chain, and logistics. HE Vivian Balakrishnan cited the investment plan during the official meeting with Cambodia Prime Minister Samdech Hun Sen Wednesday 6 February, while praising Cambodia for being a country […]
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ESIA Ongoing for New 72km Battambang-Siem Reap Road; 10 Major Decisions Made
Plans to construct a new road connecting Siem Reap and Battambang have seen progression, as the inter-ministerial committee has officially begun the Environmental and Social Impact Assessment (ESIA) for the project. Held on Tuesday 8 February and led by Secretary of State of the Ministry of Environment HE Sabo Ojano, the meeting has given 10 […]
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US$600bn Smart City Project Neither Approved nor Confirmed by Koh Kong Authority
Bilderberg Investment Group has recently announced plans to invest US$600 billion in establishing a smart city on 120,000 hectares of land in Koh Kong province, but the provincial authority has yet to confirm or receive information regarding this project. The company announced the project to the local press last week, naming it AHNAKOT, a large-scale […]
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