Projects Development
Cambodia Forges Ahead with International Standard Community Nurseries for Workers
Cambodia is accelerating its initiatives to establish community nurseries built to international standards. In a concerted effort to elevate working conditions and support the welfare of laborers, the Ministry of Labor and Vocational Training (MLVT) convened a pivotal meeting on April 18, 2024, in collaboration with the World Child and Development Organization and the World […]
Read More
Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV
Preah Sihanouk Provincial Sub-Committee on Investment (ECCC) has greenlit an ambitious venture by Cooper Packing (Cambodia) Co., Ltd., investing upwards of US$3 million to erect a state-of-the-art cardboard factory in Sihanoukville. The decision came to light during a meeting presided over by Mr. Kouch Chamroeun, Governor of Preah Sihanouk Province, on April 17, 2024. With […]
Read More
Construction Sector Thrives: Ministry Approves 3,207 Projects Worth US$5.4 Billion in 2023
In 2023, Cambodia’s construction landscape witnessed a remarkable surge, with the Ministry of Economy and Finance (MEF) greenlighting a total of 3,207 construction projects, collectively valued at US$5.4 billion. This data, unveiled in a report by the Ministry, highlights a significant stride in the nation’s development trajectory. The report indicates a notable shift in construction […]
Read More
Hong Kong Firm, Sunwah Group, Expands Investment Horizons in Cambodia, Eyes Five Key Sectors
Hong Kong-based Sunwah Group is set to broaden its investment portfolio in Cambodia, signaling its intent to venture into five pivotal sectors beyond its existing seafood processing operations, which have been operational since 1994. This development emerged from a high-level meeting between Prime Minister Samdech Hun Manet and Mr. Jonathan K.S. Choi, President of Sunwah […]
Read More
Construction Begins on Quảng Trị’s $580 Million Deep-water Port After 4-Year Delay
Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews, 26 March 2024. Approved by the Prime Minister on January 4, 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to Quảng […]
Read More
Manhattan SEZ to Expand Operations in Svay Rieng Province
In a significant move aimed at bolstering economic development in Cambodia, Manhattan Special Economic Zone (SEZ) has announced plans for further expansion in Bavet City, Svay Rieng Province, in collaboration with Singapore’s SJ Group. The announcement came following a high-level meeting between HE Sun Chanthol, Deputy Prime Minister and first Vice President of CDC, Mr. […]
Read More
Malaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia
Malaysia’s KSI Strategic Institute, led by President Tan Sri Michel Yao, has unveiled plans to establish the ASEAN Economic Club and explore investment opportunities in Cambodia. This announcement follows a meeting between Samdech PM Hun Manet and Mr. Tan Sri Michel Yao on April 8, 2024. During the discussion, Mr. Tan Sri Yao outlined the […]
Read More
CHN ENERGY Plans US$1 Billion Investment in Renewable Energy Projects in Cambodia
China’s leading energy company, CHN ENERGY, has unveiled plans to invest a staggering $1 billion in the development of renewable energy projects in Cambodia. The announcement came following a productive meeting between HE Suon Sophal, Deputy Secretary General of Cambodia’s Investment Committee, and Mr. I Seang, a representative of CHN ENERGY Enterprise, on April 8, […]
Read More
Siem Reap’s Old Airport Set to Transform into Entertainment Hub by AIAI
Siem Reap Angkor International Airport Investment Company (AIAI) has unveiled plans to revitalize the former Siem Reap International Airport into a vibrant entertainment hub within the province. HE Sin Chanserevutha, spokesperson for the State Secretariat of Civil Aviation, announced on March 5 that AIAI has secured the rights to oversee the development of the old […]
Read More
Cambodia’s First Quarter Sees Surge in Investment: US$ 2.2 Billion Infusion
In a dynamic start to 2024, Cambodia’s investment landscape has witnessed a significant boost, with the Council for the Development of Cambodia (CDC) greenlighting 106 new projects and production expansions. These ventures boast a colossal investment sum of US$ 2.2 billion, promising over 107K employment opportunities. This pivotal development was disclosed in a press release […]
Read More