Investment and Funding
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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Kampong Speu 500-hectare industrial zone to become economic catalyst after COVID-19 crisis
Neak Oknha Pung Kheav Se’s 500-hectare industrial zone project located between National Roads 51 and 44, will become Cambodia’s economic catalyst after the COVID-19 crisis ends. Chrek Soknim, President of the Cambodian Valuers and Estate Agents Association (CVEA) told Construction & Property Magazine on 25 June 2020 that the 500-hectare industrial park development project has […]
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ASEAN: Mega construction projects will rebound to reach US$2.9 trillion over the next five years
Increasing investment in ASEAN construction industry The COVID-19 crisis has left many economies across the globe, including the construction industry, closed for a months during the first quarter of 2020. For ASEAN, significant opportunities for the growing demand for construction machinery are expected to increase after 2020, due to large infrastructure projects and changing labour […]
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Sihanoukville receives US$10 billion investment for tourism and hotel services
Sihanoukville has received a total investment of US$10 billion in tourism and hotel services, according to a report by the Sihanoukville provincial administration on 10 June 2020. To date, Sihanoukville province has a total of 194 investment projects worth US$30 billion in operation, in which 60 companies has invested in the tourism and hotel services […]
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CDC approves three investment projects worth over US$166 million
The Council for the Development of Cambodia (CDC) has approved investment projects of three firms worth over US$166 million, including a five-star hotel business in Sihanoukville, a solar panel manufacturing in Kampong Speu and a solar power station in Battambang. According to the official Facebook page of the Council for the Development of Cambodia (CDC) […]
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Chinese company proposes USD160 million parking garage on Phnom Penh outskirts
China Good Cars Holding Ltd plans to propose the construction of a large modern parking garage on the outskirts of Phnom Penh with an investment budget of USD160 million to reduce traffic congestion in Phnom Penh. This investment plan was revealed by representatives of China Good Cars Holding Ltd to H.E Sun Chanthol, Minister of […]
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KrisEnergy secures US$87 million loan for offshore project in Cambodia
KrisEnergy has said that on 30 April 2020 it entered into a credit facility agreement with Kepinvest Singapore Pte. Ltd. as a lender for a loan of up to USD87 million for its offshore development project in Cambodia. This is according to a press release published in Offshore Engineer on 01 May 2020. KrisEnergy will […]
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CDC approves construction equipment factory project worth US$1 million
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently approved Mountain Moon Millwork Co., Ltd’s US$1 million investment proposal to build a construction equipment factory in Sihanoukville province. The Mountain Moon Millwork company is developing this furniture production factory to supply construction materials for the Cambodian market especially in Sihanoukville. […]
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