Projects Development
Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV
The 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 17 April 2024. […]
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Construction Sector Thrives: Ministry Approves 3,207 Projects Worth US$5.4bn 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 ministry report, highlights a significant stride in the nation’s development trajectory. The report indicates a notable shift in construction dynamics compared […]
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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, signalling 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 […]
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Construction Begins on Quảng Trị’s US$580m 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 on 26 March 2024. Approved by the Prime Minister on 4 January 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to […]
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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. […]
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Malaysia’s KSI Strategic Institute Proposes ASEAN Economic Club and Investment Events in Cambodia
Malaysia’s KSI Strategic Institute, led by the institute’s 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 8 April 2024. During the discussion, Mr. Tan Sri Yao […]
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CHN ENERGY Plans US$1bn Investment in Renewable Energy Projects in Cambodia
China’s leading energy company, CHN ENERGY, has unveiled plans to invest a staggering US$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 8 April […]
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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 revitalise 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 5 March that AIAI has secured the rights to oversee the development of the old […]
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Cambodia’s First Quarter Sees Surge in Investment: US$2.2bn 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 170,000 employment opportunities. This pivotal development was disclosed in a press release by […]
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Kratie & Stoeng Treng Welcome New Landfills Valued at Nearly US$10m
In a significant move to enhance hygiene and well-being, Kratie city in Kratie province and Stoeng Treng city in Stung Treng province have officially inaugurated two state-of-the-art landfills, collectively valued at nearly US$10 million. The momentous occasion took place during the official opening ceremony presided over by HE Peng Po, Minister of Public Works and […]
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