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ខ្មែរ Knowledge and Key Success
US$480 Million in Hotel Investment Projects in Preah Sihanoukville Approved
- 7 June 2019
On 6 May, the Council for the Development of Cambodia (CDC) approved hotel investment projects worth US$480 million and generating about 10,000 jobs. The approved investment projects are five-star hotels and entertainment center. According to a post on CDC’s Facebook, CDC’s investment committee has decided to register Zhi Xu Investment Co Ltd located in Preah Sihanoukville province which is inv...
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Land Registration Nationwide to Be Completed in 2021
- 6 June 2019
The Ministry of Land Management, Urban Planning and Construction has set 2021 as the deadline to complete land registration nationwide, including indigenous land registration, with 74% of total land parcels already registered. Around 5.2 million land parcels were registered nationwide, accounting for 74% of the total 7 million land parcels by April 2019, according to a press statement from the ...
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Government Approves Projects in Two Provinces Worth More Than US$29 Million
- 6 June 2019
On 06 June, the Council for the Development of Cambodia (CDC) approved construction of two building materials factory and hotels in two provinces with estimated an investment capital of over US$29million. According to a post on the CDC Facebook page, the projects include the manufacture of all kinds of construction materials, located in Kiri Raksmey village, Prey Romdoul commune, Phnom Sruoch d...
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Sovanna Shopping Centre to Renovate for New Image
- 5 June 2019
Sovanna Shopping Centre, which opened many years ago, is planning to renovate the main market building to be more attractive as the momentum of new shopping malls in Phnom Penh increases. Improving the look of Sovanna Shopping Centre will require a temporary suspension of operations according to Chea Sokheak, general manager of Sovanna Shopping Centre. Ms Sokheak said that operations in the ...
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Construction Firms From Korea Eye Infrastructure Investment in Sihanoukville
- 4 June 2019
Photo by Ministry of Environment International Contractors Association of Korea (ICAK) has unveiled to invest in the infrastructure and telecommunication in coastal Preah Sihanoukville province, where construction, real estate, and tourism are booming. In a meeting with H.E. Say Sam Al, Minister of Environment held on 03 June, Mr Lee Kun Ki, Chairman of ICAK, expressed his interests in stren...
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400MW Diesel Fired Plant to Build in Kandal Province
- 3 June 2019
The 400 MW power plant running on diesel to generate electricity will be built in Kandal province’s Lvea Aem district, bringing hope to the nation with current energy crisis in Phnom Penh city. The government is ordering its purchases the diesel-running generators from Finland and Germany to install in Kandal province with total investment of US$355 million, H.E. Ty Norin, secretary of state at...
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Japan to Provide Close to Us$2 Million to Develop Sihanoukville Port
- 31 May 2019
The Royal Government of Japan will provide US$1.8 million in aid to Cambodia to build a freight station inside the Sihanoukville Autonomous Seaport. The agreement for the aid provision was signed on 31 May by Japanese ambassador to Cambodia Hedehisa Horinouchi and Cambodian Ambassador to Japan Ung Rachana, witnessed by Samdech Techo Hun Sen, Prime Minister of Cambodia and his Japanese counterpa...
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26 Firms Apply for Bidding on Solar Farm in Kampong Chhnang
- 31 May 2019
26 private companies have applied for public bidding on the Cambodia National Solar park project in Kompong Chhang province, with the tender winner to be be declared after consideration on the investment and electricity price proposed by each company. In the public bid opening on the Cambodia National Solar Park Project held at Electricity Du Cambodge (EDC) on 29 May, Pa Nimol, deputy director ...
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Over US$5 Billion in Infrastructure Loans Granted to Cambodia
- 30 May 2019
Cambodia has received more than US$5 billion in loans for infrastructure development projects from the China Development Bank (CDB) as part the work to support national economic development, the bank said on 30 May 2019. Speaking at a seminar on ‘Development Finance: Supporting Cambodian Economic and Social Development’ held at Koh Pich City Hall, Mr Liu Jin, Dean of the Development Finance In...
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Land Ministry Permits Construction of Naga 3 on Former White Building Plot
- 30 May 2019
The construction of Naga 3 on the former White Building has been granted construction permits after the company amended its layout plans. The planned integrated entertainment complex of NagaCorp Ltd using an investment of approximately US$4 billion will be built on a total of 16,837 square metres in Sangkat Tonle Bassac, Khan Chamkar Morn, Phnom Penh. The project was already been granted con...
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