Investment and Funding
Over US$200 million spent on repairing damaged roads each year
The Ministry of Public Works and Transportation spends between US$150 to 200 million annually to repair damaged roads across Cambodia, according to Public Works, and Transport Minister H.E. Sun Chanthol. H.E. Sun Chanthol stated this during a press conference on the progress and future direction of the Ministry of Public Works and Transport at the […]
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Government approves four construction material factories worth US$25 million
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently given permits to four firms to invest a total of approximately US$25 million in establishing their construction material businesses in Cambodia, which are expected to generate at least 1,100 jobs. According to the CDC announcement, the four firms are Kaining Metal […]
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Vinci Airports and SCA request cooperation with OCIC on new airport development
Vinci Airports and SCA, commonly known as Cambodia Airports, have recently proposed to set up a joint venture with OCIC to help develop the new multi-billion-dollar Phnom Penh International Airport in Kandal province. The proposal was made on 4 February during the meeting between the three firms and the State Secretariat of Civil Aviation, at […]
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CDC approves investment projects worth close to US$2 billion
The Council for the Development of Cambodia (CDC) has approved investment projects in the sectors of energy, retail, tourism, and commercial buildings with a total investment close to US$2 billion. According to a CDC press release on 25 December, it approved investment projects for a hotel and a commercial building. BOCC Development Co Ltd will […]
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Government approves Aeon 3 project
The Council for the Development of Cambodia (CDC) on 25 December approved the investment project for third Aeon mall which is to be located along Samdech Techo Hun Sen Boulevard, also known as the 60-metre wide road. The project is an investment by Aeon Mall (Cambodia) Co., Ltd using a capital of US$289.6 million and […]
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Waste Management Facility Launched in Kampot province
Chip Mong Insee Cement Corporation, a subsidiary of local conglomerate Chip Mong Group, launched a new industrial waste management facility. It will provide an environmentally friendly solution to disposing of industrial waste. Chip Mong Ecocycle facility was launched on December 5 and held under the presence of H.E. Say Sam El, Minister of Environment. It […]
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Japan Provides US$22 Million on Cambodia’s Clean Water Project
The Japanese government through the Japanese embassy to Cambodia has decided to provide US$22 million in aid to Cambodia for the implementation of the project for the expansion of the water supply system in Pursat province. The money will be used to build a water treatment plant and a clean water supply system in the […]
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Cambodia Seeks Japan’s aid on Infrastructure Development
Cambodian government through the Ministry of Public Works and Transports has asked Japanese government to help development the main projects in the sector of infrastructure, particularly building railway system in Phnom Penh and other projects in provinces. The appeal was made during a recent meeting between H.E. Sun Chanthol, Senior Minister and Minister of Public […]
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Instant noodle manufacturing factory inaugurated
An instant noodle manufacturing factory equipped with technology from Japan was inaugurated on Saturday 02 November in Phnom Penh and hopes Cambodians will support it by wanting to promote locally-produced products. Invested by One More Manufacturing Co Ltd, the instant noodle factory producing Mee Chiet noodles is located in Kok Rokar commune, Pur Senchey district. […]
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US$6.4 billion invested into construction sector
The construction sector in Cambodia continues to grow according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC) which shows an increase in investment of more than 34% year-on-year to more than US$6 billion. The recently released data reveals that between January -September this year, the ministry approved 3,433 construction […]
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