Investment and Funding
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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World Bank Approves US$100 million to Support Cambodia’s Road Improvement
The World Bank approved a US$100 million credit line on 17 July to support road infrastructure construction projects in Cambodia, targeting the local communities and the rural road system. The project entitled ‘Cambodia Road Connectivity Improvement Project’ aims to enhance rural communities’ access to critical services such as health centres, referral hospitals, schools and markets, […]
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Thai government approves US$9bn Pattaya airport expansion
A consortium led by Bangkok Skytrain and metro operator BTS has been given the green light by the government of Thailand to expand U-Tapao International Airport near Pattaya. The consortium, which includes Bangkok Airways and Sino-Thai Engineering & Construction, plans to build a third terminal and cargo and plane maintenance centres as well as create […]
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Gov’t will not cut infrastructure spending
The Cambodian government is excluding funding for building and restoring infrastructure from its COVID-19 budget cuts. According to the government announcement, the 2020 fiscal budget cut is being implemented to save money for economic recovery, which has been hit hard by the pandemic. The budget gained expenditure cutting will be used as a subsidy fund […]
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Ratanakiri Province Now Connected to National Grid
Ratanakiri province can now access the national grid with power was supplied from the Lower Sesan Dam 2 on a 230-kilowatt high-voltage transmission line. Electricity du Cambodge (EDC) officially launched a 230-kilowatt high-voltage transmission line about 102 kilometres from the Sesan Dam 2 in Stung Treng province and a new 230-kilowatt grid substation in Ratanakiri […]
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CBRE: Land prices remain stable in Q2 2020, despite fewer transactions
Land prices across all districts in Phnom Penh in Q2 of 2020 remain robust despite fewer transactions in the market partly due to the COVID-19 pandemic, according to the CBRE Cambodia report published on 07 July. Speaking at the webinar presenting the report, Senior Director of CBRE Cambodia James Hodge said that the fact that […]
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ESIA study completed for 700-MW Sihanoukville power plant, expected to go online by 2022
Following the completion of the environment and social impact assessment (ESIA), construction of a 700-megawatt coal-fired power plant in Preah Sihanouk province’s Stung Hav district is set to begin soon, and is expected to generate power to the national grid in 2022. The energy project is a joint venture between Cambodia International Investment Development Group […]
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