Business and Market
The US Seeking To Invest In Transport Infrastructure In Cambodia
US investors are looking for investment opportunities in transport infrastructure in Cambodia, as the Royal Government of Cambodia said welcomes all foreign investors who wish to invest in the transport infrastructure in Cambodia. In a meeting held on June 1 with HE Koy Sodany, Secretary of State for the Ministry of Public Works and Transport, […]
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Cambodia to fill and package Sinovac Kovid-19 vaccine domestically
The Ministry of Health signed a Memorandum of Understanding (MoU) on Cooperation for filling and packaging Covid-19 Inactivated Vaccines with China’s Sinovac Life Sciences and Cambodian Pharmaceutical Enterprise, the move will enable Cambodia to package vaccines. The signing MoU ceremony was held on June 1, under the presence of HE Mam Bunheng, Minister of Health, […]
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Big C Bags Kiwi Mart in Cambodia
Big C has acquired Kiwi Mart, a convenience store chain in Cambodia, via its Cambodian subsidiary to strengthen its retail business in the neighboring country, according to the Bangkok Post on 27 May 2022. A big grocery and general merchandising retailer headquartered in Bangkok, Thailand, Big C reached the acquisition deal last week, but the […]
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SSEZ to Build Second Phase Industrial Park to Accommodate 300 Factories
The Sihanoukville Special Economic Zone (SSEZ) is in the stage of preparing for the construction of the second phase of the industrial park, which can accommodate up to 300 factories and enterprises. According to the Chinese Embassy in Cambodia, the first phase of the SSEZ’s industrial park has been completed, accommodating 170 companies, which has […]
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CDC Approves Four Investment Projects Worth about US$8.4M in PP & Sihanoukville
The Council for the Development of Cambodia (CDC) has given permits to four private firms to qualified investment in four projects worth US$8.4 million in Phnom Penh and Sihanoukville. The first company is Xiantong Wire and Cable Co., Ltd., investing US$5 million in building a factory to produce wires, cables, and extension cords in Sihanoukville […]
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Ministry of Mines and Energy Studying Potential to Restart Producing Oil Field
The Ministry of Mines and Energy, in collaboration with EnerCam Resources Corp., is in the stage of studying the possibility of examining the potential of restarting Cambodia’s first oil well after being suspended for more than a year by the original investment firm’s bankruptcy. Angkor Resources Corp announced on 25 May that Angkor’s energy subsidiary, […]
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US$20-million Electric Motorcycle Assembly Plant in Kandal Province Launched
Inion Mobility Co., Ltd. launched officially its motorcycle and tricycle assembly plant on 24 May 2022, becoming the first electric vehicle assembly plant in Cambodia. Located in Sovannaphum Special Economic Zone, Kien Svay district, Kandal province, the motorcycle, and electric tricycle assembly plant has a total investment of over US$20 million. The investment is for […]
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New Kompong Popil Market in Prey Veng Worth Over US$1M Officially Inaugurated
Samdech Krolahom Sar Kheng, Minister of Interior, officially inaugurated the new Kompong Popil Market worth about US$1.47 million in Kompong Popil commune, Pea Reang district, Prey Veng province on 24 May 2022. Construction on the market began in February 2021 and was completed in April 2022 under the support of Samdech Sar Kheng and other […]
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Be the first country in the region to be included in the International Transport Forum (ITF)
Cambodia is the first country in Southeast Asia to be included as the 64th member of the International Transport Forum in Leipzig, Germany. On May 19, 2022, the Transport Ministers of the 63 countries of the International Transport Forum (ITF) unanimously voted to include Cambodia as the 64th member of the ITF at its annual […]
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Gov’t Approves Two Investment Projects Worth $US6M in Takeo and Kampong Speu
The Council for the Development of Cambodia (CDC) on May 20, 2022, approved a private company to invest in a total of 6.1 million US dollars in the construction of two factories in Kampong Speu and Takeo provinces. According to the investment request of the company, the Investment Committee of Cambodia of the Council for […]
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