Projects Development
Ford, SK Innovations Co-Invest US$11.4 billion to Build Enormous Electric Vehicle Factories
Ford Motor Co. and South Korea-based energy company SK Innovations are co-investing US$11.4 billion to build two new enormous manufacturing campuses for electric vehicles, reported CNN on 27 September. Ford plans to share US$7 billion in the investment, which is part of its mega US$30 billion spending toward its shift to building more electric vehicles […]
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Mineral Resources in Ratanakkiri ‘s Oyadao District Sufficient for Gold Mining, says Indian Research
Indian-owned Mesco Gold (Cambodia), which has been licensed to conduct exploration for mine in Ratanakkiri province’s Oyadao district, has announced that the amount of mineral resources in the designated area is high enough to set up a gold refinery in the future. HE Eung Dipola, Director General of the General Department of Mineral Resources, Ministry […]
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Cambodia Mines Over 555kg of Gold in 3 Months; 355kg Exported for Purification
Renaissance Minerals (Cambodia) Limited has refined a total of 48 gold bars, or equivalent to approximately 555 kg as of 27 September, after three months of operation in O’Khvav area, Keo Seima district, Mondulkiri province. A report from the Ministry of Mines and Energy shows that the company has to date exported 34 gold bars, […]
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New National COVID-19 Treatment Hospital Set for Koh Kong Province
A new national COVID-19 treatment hospital will be built in Koh Kong province with the ground- breaking date set for October 2021. According to the Koh Kong provincial administration on 25 September, the hospital will be built on a total area of 10 hectares and will become a major infrastructure facility to serve the health […]
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Construction Starts on New 6-Storey NIE Smart Classroom Building
Construction has officially begun on the new 6-storey smart-classroom building of the National Institute of Education (NIE) thanks to funding by Prime Minister Samdech Hun Sen. The groundbreaking ceremony was held on 23 September and chaired by Minister of Education, Youth and Sports HE Hang Chuon Naron, while the construction is set for completion by […]
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NagaCorp to Start Superstructure Work on NagaWorld 3 in 2023
NagaCorp said that the superstructure works of NagaWorld 3 in Phnom Penh, Cambodia will start in the first semester of 2023, after the construction site preparation was begun in 2018. According to the firm’s 2021 interim report released on 20 September, to date, the design development work is ongoing and is on schedule for the […]
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PPAP Mulls Establishing New SEZ Adjacent to Phnom Penh Port
Phnom Penh Autonomous Port (PPAP) has unveiled a plan to establish a special economic zone (SEZ) next to the current port location. The project was announced as the number of container traffic passing through the port has increased significantly. Director General of Phnom Penh Autonomous Port HE Hey Bavy mentioned the plan in the opening […]
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United States Eyes Investment Opportunities in Pursat Province
The US Ambassador to Cambodia has expressed interest in investment opportunities in Pursat province after this province recently received the major investment project of a Ford motor assembly plant worth over US$21 million. Ambassador Patrick Murphy said during his official visit to Pursat province on 21 September that he is very proud of Pursat province […]
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Gov’t Requests Chinese Firm to Build New Water Supply Network from SR City to New Airport
The Ministry of Industry, Science, Technology and Innovation (MISTI) has requested the Siem Reap International Airport construction firm AIAI to invest approximately US$13 million to build a clean water supply connecting downtown Siem Reap to the new airport in Sot Nikum district. The request was raised by MISTI Minister HE Cham Prasidh during the meeting […]
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Three Investment Projects Worth Over US$15 million Approved for Sihanoukville
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$15.1 million in building three news factories in Sihanoukville. The first investment permit has been granted to Mountain Forest Product Co., Ltd to invest US$2 million to build a factory producing plywood, furniture, furniture components, decorative materials from […]
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