Business and Market
Battambang Governor Urges Japan to Establish SEZs & Smart Cities in Battambang
Japanese investors will visit Battambang province in April to study the feasibility of establishing agricultural product processing factories, special economic zones (SEZs), and a smart city in the province. The visiting plan was proposed during the meeting between Battambang Governor HE Sok Lou and the Director of the Japan-Cambodia Association Tamura Tsutomu on 2 February. […]
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Chinese Firm Mull Setting Up Electric Car Assembly Plant in Koh Kong
China Matrix Technology Group-Horche Intelligent Automobile plans to invest in setting up a factory to assemble electric vehicles in Koh Kong province, according to an online meeting between relevant parties on 22 October. The objective of the Chinese firm in this meeting was to study the feasibility, and understand the land and legal environment, human […]
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Cambodia to Build 10,000 4.0 Greenhouses Nationwide by 2032
The Ministry of Agriculture, Forestry and Fisheries (MAFF), in collaboration with three private firms, is planning to build over 10,000 4.0 Greenhouses nationwide in the next 10 years to upgrade and enhance the kingdom’s agricultural sector. The Ministry signed an MoU on the project on 21 January between the three companies including Agri-Sambathkhmer Co., Ltd, […]
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A Difficult Year for Real Estate Developments
By Eric Wong Chon Lap As another difficult year for the real estate market come to an end, the market has seen a series of interesting and unprecedented events in various sectors in the Year 2021. New condominium launches in Phnom Penh has slowed down, while low-rise affordable housing demand surges. The retail market is […]
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D’Seaview & Royal Platinum on track, HLH to inject US$400m in two other projects
Two major real estate development of Hong Lai Huat (HLH) Group in Cambodia— Royal Platinum and D’Seaview—remain on track both in terms of construction progress and sales despite the pandemic with the firm planning to inject US$400 million in two other projects. According to its latest business update, Royal Platinum’s main construction has reached the […]
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Ten Investment Projects Worth US$1.8 billion Approved for PP & Seven Other Provinces
The Council for the Development of Cambodia (CDC) has given permits to ten private firms to invest a total of US$1.89 billion setting up garment & production factories, power plants, hydropower dam, and a logistics centre in various provinces across the kingdom. According to the CDC announcement on Monday 17 January, the firms include: 1. […]
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Pursat’s Krakor District to Host Kingdom’s Largest Solar Farm Cluster & Emerging SEZ
A private company firm will invest in building an additional 150MW solar power plant on top of the existing 90MW plant in Sna Ansa commune, Krakor district, Pursat province. The expansion project will make Krakor district host a cluster of solar plants with over 240MW power, the largest in the Kingdom. Director-General of Electricite du […]
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Expert: Industrial & Logistics Sectors Most Attractive Market for 2022 Despite Uncertainty
CBRE Cambodia Managing Director James Hodge said that the industrial and logistics sectors will be the most attractive market in 2022 although other real estate sub-sectors and the overall market remain under pressure and uncertainty. Mr Hodge added that due to external factors caused by the pandemic, even though Cambodia has already reopened the country, […]
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Aeon goes beyond retail business, establishing Cambodia’s first multifunctional logistics centre
Beyond the retail business with three large shopping malls in Cambodia, a Japanese firm Aeon Mall (Cambodia) Co Ltd has now expanded its business to the logistic market with a plan to establish Cambodia’s first multifunctional logistics centre in Sihanoukville in 2023. According to its press release issued on 11 January, the Aeon Mall (Cambodia) […]
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US$21-million Ford Cambodia Assembly Plant in Pursat to Start Production in April
The construction of the Ford assembly plant in Pursat is approaching completion and set to begin production in April this year, according to the Pursat provincial administration on Sunday 9 January. The US$21 million Ford assembly plant is an investment by RMA Automotive (Cambodia) Co., Ltd. with the plan announced in September 2021. (Read more) […]
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