Investment and Funding
Ten Investment Projects Worth US$1.8 billion Approved for PP & Seven Other Provinces
The Council for the Development of Cambodia (CDC) has given permits to ten private firms to invest a total of US$1.89 billion setting up garment & production factories, power plants, hydropower dam, and a logistics centre in various provinces across the kingdom. According to the CDC announcement on Monday 17 January, the firms include: 1. […]
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Pursat’s Krakor District to Host Kingdom’s Largest Solar Farm Cluster & Emerging SEZ
A private company firm will invest in building an additional 150MW solar power plant on top of the existing 90MW plant in Sna Ansa commune, Krakor district, Pursat province. The expansion project will make Krakor district host a cluster of solar plants with over 240MW power, the largest in the Kingdom. Director-General of Electricite du […]
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Expert: Industrial & Logistics Sectors Most Attractive Market for 2022 Despite Uncertainty
CBRE Cambodia Managing Director James Hodge said that the industrial and logistics sectors will be the most attractive market in 2022 although other real estate sub-sectors and the overall market remain under pressure and uncertainty. Mr Hodge added that due to external factors caused by the pandemic, even though Cambodia has already reopened the country, […]
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4,303 Construction Projects Worth US$5.3bn Approved in 2021, 31% Drop Y-o-Y
The Ministry of Land Management, Urban Planning and Construction approved 4,303 construction projects worth US$5.33 billion in 2021, a drop of 31.21% compared to 2020. The ministry stated that the approved construction projects covered a total area of 12.99 million sqm. Among the approved projects, 388 construction permits (10.4 million sqm) worth US$4.2 billion were […]
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ACLEDA Bank Invests US$30 million in CAIC Bond, Funding New Phnom Penh Airport Development
ACLEDA Bank Plc has invested US$30 million in a guaranteed bond of the Cambodia Airport Investment Co Ltd (CAIC) to contribute to developing the Techo International Airport. The agreement was signed on Monday 10 January by CAIC Director Charles Vann and ACLEDA Bank Plc President In Channy, witnessed by OCIC Chairman Neak Oknha Dr Pung […]
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Anco Group proposes multi-purpose investment project on over 6,000ha of land in Koh Kong
A large-scale local company Anco Import Export Co., Ltd has proposed to invest in building a multi-purpose project on 6,145 hectares in Botum Sakor National Park, Botum Sakor, and Kirisakor district of Koh Kong Province. Koh Kong Deputy Governor Ouk Pheaktra and Under-Secretary of State of the Ministry of Environment HE Sok Kheng Norin led […]
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Tbong Khmum issues new guidelines strengthening control over construction & real estate businesses
The Tbong Khmum Provincial Administration has ordered all departments and municipal administrations under its supervision to strengthen control over the land plot selling businesses, construction, excavation, and land reclamation work, aiming to prevent state land and forest encroachment. According to Letter No. 042/21 KP, dated December 21, 2021, below are the orders: -The Provincial Department […]
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CPBank buys US$10-millon CAIC bond, funding new Phnom Penh airport development
Cambodia Post Bank Plc (CPBank) has purchased a US$10-million bond of the Cambodia Airport Investment Co., Ltd (CAIC) to help fund the development of the new Techo International Airport. The purchasing agreement was signed on 28 December by CAIC Director Charles Vann and CEO of CPBank Toch Chaochek with OCIC Chairman Neak Oknha Dr Pung […]
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Japanese firms mull establishing natural gas and solar power plants in Cambodia
The Embassy of Japan in Cambodia said that a number of Japanese firms plan to establish many development projects in Cambodia, especially in the renewable energy sector. The information was stated by the Japanese Ambassador to Cambodia HE Masahiro Mikami in the meeting with Cambodian Prime Minister Samdech Hun Sen on Tuesday 28 December. “Japan […]
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Domestic cement production reaches nearly 8 million tons in 11 months
During the 11-month period of 2021, five domestic cement factories produced a total of 7.9 million tons of cement, which is equal to the amount produced last year, according to Cambodian Cement Manufacturing Association Secretary-General Puth Chandarith. “From January to November 2021, it did not decrease in production, we produced the amount as we did […]
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