Investment and Funding
Kampong Speu to Host New US$66 million SEZ on NR44
A Chinese firm has invested US$66 million in building a new special economic zone on over 67 hectares of land along National Road 44 in Kampong Speu Province, according to the Governor H.E Vei Samnang. Governor Samnang told Construction & Property Magazine on 31 July that the SEZ in an investment by a Chinese firm […]
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400MW Power Plant in Kandal to Go Online by End of August
The construction of a 400-megawatt power plant run by diesel and gas in Lvea Em district is 90% complete and scheduled to generate power by the end of August, according to Kandal Provincial Governor H.E Kong Sophorn on 29 July. The whole project comprises of 400-megawatt power plant generating electricity nationwide, and 230KV substation for […]
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Compensation Cleared for Residents Impacted by 700MW Power Plant in Koh Kong
The Royal Group has cleared all land issues and compensated 58 local families living nearby the 700-megawatt coal-fired power plant project it is building in Koh Kong province, according to a Provincial Administration report on 28 July. The 58 families live in Thmor Sor commune, Botum Sakor district with compensation given to owners of any […]
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Food Delivery Putting Traditional Stores on the Line
By Eric Wong Chon Lap Online food delivery services were almost non-existent in Cambodia a few years back. However, consumers nowadays are able to have their favourite food delivered to their doorsteps via online food delivery applications. Currently, consumers can order anything ranging from burgers, bubble tea or fried chicken from large chains, major brand-name […]
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New Bridge to Cross Kampong Bay River
The Kampot Provincial Administration, in collaboration with the China Road Company, is planning to build a new bridge crossing the Kampong Bay River, in response to the highly congested traffic caused by growing numbers of tourists. The new bridge project was discussed at a meeting between Kampot Governor H.E Chev Tay and China Road’s representative […]
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How Chinese buyers disappeared from the Cambodian real estate market and the impact on local sellers
By Eric Wong Chon Lap The local Cambodian market has lost its most important source of inbound investment, as the coronavirus pandemic clouds the economic outlook and keeps Chinese investors from travelling to Cambodia. This is in stark contrast to a few years ago when Chinese investors were snapping up condominium spaces. A lot of […]
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Chinese Firm to Build 12MW Waste-to-Energy Plant in Siem Reap
Sample picture Chinese company MIZUDA plans to invest in a waste-to-energy plant in Siem Reap capable of combusting 210,000 tons of rubbish per year into 12MW of electricity, according to a post of the Siem Reap Provincial Administration Facebook page on 21 July. The project has been studied for more than half a year […]
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Chip Mong Group to Build New Industrial Waste Management Facility in SSEZ
The Chip Mong Insee Cement Corporation (CMIC) has reached an agreement with its partner to build a new industrial waste management facility in the Sihanoukville Special Economic Zone to provide industrial waste recycling services to the factories within the zone. The investment agreement was signed by the CEO of CMIC Mr Nicolas George and the […]
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Kampong Speu Attracts Hundreds of Investment Projects Worth Over US$200 million
Kampong Speu province has attracted hundreds of large investments projects worth over US$200 million since 2019, while more firms are planning to invest in the province in the near future. According to the Kampong Speu province progress report, there were 188 investment projects approved in 2019 with a total construction area of more than 700,000 […]
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Hong Kong firm to build satellite city in Kampong Speu
A Hong Kong investment company has announced plans to set up a new satellite city in Kampong Speu province but has yet to reveal the exact location to prevent rises in land prices. Kampong Speu Governor H.E Vy Samnang said at a press conference on “Progress and Continuation of the Administration of Kampong Speu Province” […]
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