Projects Development
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. The project includes...
Read MoreCDC Approves Six New Investment Projects Worth US$66 Million
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest approximately US$66 million to build five factories and one shopping mall in Phnom Penh, Kampong Speu, Takeo, and Sihanoukville. According to the CDC announcement on 17 February, the six companies are: 1- MEKO INTELLIGENT (CAMBODIA) CO., LTD investing US$32 million to establish an electronic parts ...
Read MoreFrasers Hospitality expands footprint into Cambodia with launch of three properties
Frasers Hospitality, a member of Frasers Property Group, has entered the Cambodian real estate market with a plan to open its first property in Phnom Penh this year and two more by 2026. According to the firm press release, the first property is an 88-room serviced apartment named Capri by Fraser, which is set to open in October 2022. Meanwhile, the next one is the 78-room Capri by Fraser th...
Read MoreAscott to Open Citadines Serviced Residence in Phnom Penh in March
Ascott Limited will launch a new serviced residence in Phnom Penh— Citadines Flatiron Phnom Penh— this upcoming March, offering a wide selection of rooms and apartments from hotel units to bedroom apartments, the firm said in a press release. The 315-unit apart’hotel is located within the Flatiron by Meridian building, a 41-storey mixed-use integrated development in Boeung Kak comprising of Gra...
Read MoreMulti-Million Dollar Samdech Techo Sports Centre to be Built in Pursat
Construction on the multi-million-dollar Samdech Techo Sports Center in Pursat province's Krakor district is set to begin this year. According to the Pursat provincial administration, the stadium project will be built on an area of 25 hectares in Veal Vong village, Sna Ansa commune, Krakor district. The sport centre is being built in response to the growth of sports in Cambodia and to serve ...
Read MoreGov’t Gives Green Light to Hong Kong-SHV Submarine Fibre Optic Cable Project
An inter-ministerial working group has given the green light to the construction of the Hong Kong-Sihanoukville submarine optical cable system, pitching 323.5 km into the Cambodian sea. This approval was made at an inter-ministerial meeting led by the Ministry of Environment to review the Environmental and Social Impact Assessment (ESIA) report for the project. The project also includes the ...
Read MoreExpansion work begins for 55km NR8 section from Prek Tameak to Svay Antor
Upgrade and expansion project of NR8 Prek Tamak Bridge- Svay Antor and NR70B has officially begun. The groundbreaking ceremony of the two roads was held on 12 February under the presidency of Dr Aun Pornmoniroth, Minister of Economy and Finance. The renovated NR8 section is 55 km long from the Prek Tamak bridge of Kandal province to Svay Antor of Prey Veng province. The expansion will cost a...
Read MoreMine-Shaped Museums to be Constructed in Siem Reap & Kampong Chhnang
The Cambodian Mine Action Centre plans to build mine-shaped museums in Siem Reap and Kampong Chhnang under the support of JICA. HE Heng Ratana, Director-General of the Cambodian Mine Action Center, discussed the project with the JICA advisory council team on Thursday 10 February. The discussion focused on researching and evaluating the needs for the project and the designs. HE Heng Ratana...
Read MoreGov’t Approves Two New Investment Projects Worth US$8 million for PP & K. Speu
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest nearly US$8 million to build two new factories in Phnom Penh and Kampong Speu. According to the CDC announcement on 10 February, the two companies are: 1- XING KAI SEN GARMENT CO., LTD which will invest US$2.2 million to establish a garment factory in Kampoul village, Sangkat Kampol, Khan Kampol, P...
Read MoreNew Khmer-Thai Border Checkpoint to be Built in Pursat’s Thma Da Commune
The Ministry of Public Works and Transport (MPWT) plans to build a new Khmer-Thai border checkpoint known as Thma Da International Border Gate in Pursat’s Veal Veng district. This project is in line with the development of NR51 connecting downtown Pursat to the border area, and the under-construction NR10 connecting Koh Kong to Battambang. MPWT Minister HE Sun Chanthol said in the meeting wi...
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