Business and Market
Japan Plans to Invest in Building 2000-Unit Housing Project in Siem Reap
Japanese company UR Linkage Co Ltd has unveiled a study plan to invest in building a 2,000-unit Japanese standard affordable housing project in Siem Reap. This project was presented in the 3rd Public-Private Forum on “Cambodia-Japan Urban Development’ held on 16 February. Named Sakura Angkor, the project is currently in the study phase and is […]
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Five firms sign MoU to strengthen real estate investment between Cambodia and EU
Five major local and international companies have entered partnerships on new investment opportunities to promote real estate investment between Cambodia, Canada and Portugal. The MoU was signed on 18 February between Zillennium Co., Ltd (Z1 Group), Z1 Financial, Century 21 Fortuna Investment, Mercan Group and Mercadia Cambodia. The collaboration is an important step towards contributing […]
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ADB Plans to Build Standardised Fishing Port in Sihanoukville
The Asian Development Bank (ADB) is helping Cambodia implement a sustainable coastal and marine fisheries project, with plans to build a new standardised fishing port in Sihanoukville. According to the meeting on Thursday 17 February, the project aims to improve fishery efficiency, strengthen waste management, and reduce the impact on marine life from fishing activities. […]
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Hong Kong-Based SUNWAH Group Mulls Investing in Real Estate Sector in SHV
The Sihanoukville provincial administration has expressed its full support to Hong Kong-based SUNWAH Group which intends to invest in the real estate sector in Sihanoukville, as company representatives are currently exploring investment potential in the province. The investment plan was unveiled during the meeting between Sihanoukville Governor HE Kouch Chamroeun and Director of SUNWAH Mr […]
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Singapore Mulls Investing More in Three Major Sectors in Cambodia
Singapore’s Minister for Foreign Affairs Vivian Balakrishnan has said Singapore intends to invest more in three major high-potential sectors in Cambodia including trade, cold chain, and logistics. HE Vivian Balakrishnan cited the investment plan during the official meeting with Cambodia Prime Minister Samdech Hun Sen Wednesday 6 February, while praising Cambodia for being a country […]
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JS Land Plc Officially Becomes First Real Estate Company Listed on Cambodian Stock Exchange
JS Land PLC, Cambodia’s first real estate development firm registered on the Cambodia Securities Exchange (CSX), officially announced the sale of shares on the local stock exchange from today onwards. JS Land PLC plans to raise approximately 46 billion riels or about US$12 million, with the price starting from 1,900 riels per share. Speaking at […]
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NagaCorp Posts GGR of US$224 million in 2021, 74% Drop Y-o-Y
NagaCorp, the company behind Phnom Penh’s largest casino NagaWorld, has posted Gross Gaming Revenue (GGR) of US$223.5 million in 2021, a 74% decrease compared to the amount earned in 2020. Despite a longer business closure period in 2021 (about 6.5 months) as compared to 2020 (about 3.5 months), the company witnessed a quicker recovery of […]
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US$600bn Smart City Project Neither Approved nor Confirmed by Koh Kong Authority
Bilderberg Investment Group has recently announced plans to invest US$600 billion in establishing a smart city on 120,000 hectares of land in Koh Kong province, but the provincial authority has yet to confirm or receive information regarding this project. The company announced the project to the local press last week, naming it AHNAKOT, a large-scale […]
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Gov’t Approves Four Investment Projects Worth US$18.6 million in PP, K. Chhnang, & K. Speu
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest US$18.6 million to establish four factories in Phnom Penh, Kampong Chhnang and Kampong Speu. According to the CDC’s announcement on 4 February 2022, the four companies are: 1- GLOBAL XILIN GARMENT ACCESSORY CO., LTD is investing US$3.4 million to […]
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Cambodia’s first homegrown firm to get foothold in global real estate market
ZPLAT INTERNATIONAL has announced an ambitious plan for its business expansion, bringing the first Cambodian company to tap into the global real estate market. A soon-to-be-launched ZPLAT INTERNATIONAL is part of Zillennium Co., Ltd. (Z1 Group), a local conglomerate company serving beyond the real estate marketplace in the Kingdom. ZPLAT INTERNATIONAL is aiming to be […]
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