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ខ្មែរ Projects Development
SHV Multi-Purpose Economic Zone Targets USD 20 Billion Investment to Transform the Province
- 26 December 2024
Sihanoukville’s ambitious multi-purpose economic zone development project is set to attract over USD 20 billion in investments from private sector investors and international development partners over the next 15 years. This transformative initiative, championed by the Cambodian government, aims to revitalize the province's economy, elevate local incomes, and establish Sihanoukville as a leadin...
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Darasakor International Airport Opens, Ushering in a New Era for Koh Kong Province
- 26 December 2024
Koh Kong Province celebrated a landmark achievement with the inauguration of a USD 200 million Darasakor International Airport on 26 December 202. This state-of-the-art facility, invested by the Chinese company Union Development Group, spanning 218 hectares in the Botum Sakor district, is poised to transform the region's connectivity and catalyze economic and tourism growth. The airport’s grand...
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Nearly 19 Hectares of Landfill Inaugurated in Kampong Cham City
- 25 December 2024
A state-of-the-art landfill spanning 18.67 hectares in Koh Roka village, Koh Roka commune, Kampong Siem district, Kampong Cham province, was officially inaugurated on 24 December 2024. This modern garbage disposal site, constructed as part of the Greater Mekong Subregion Corridor Development Project, Phase 4, was funded by a concessional loan from the Asian Development Bank (ADB) and built by B...
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ADB Commits USD 403 Million to Catalyse Cambodia’s Development Across Six Strategic Sectors
- 25 December 2024
The Asian Development Bank (ADB) has approved USD 403 million in loans and grants to support six transformative development projects in Cambodia, focusing on education, gender equality, business, water management, and rural development. This commitment, announced by ADB Country Director Ms. Jyotsana Varma during a signing ceremony on 17 December 2024, aligns with the ADB’s new Partnership Strat...
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61-Kilometre Road Connecting NR No. 4 to Bokor Mountain Completed with 7 km of Concrete Poured
- 25 December 2024
The construction of a new 61-kilometer road linking NR No. 4 to Bokor Mountain has reached a significant milestone, with 7 kilometers of concrete pouring completed as of 19 December 2024. This update was shared by Sokha Real Estate on their official Facebook page that same afternoon, marking steady progress in this transformative infrastructure project. Planned by the Ministry of Public Works a...
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Shangri-La Phnom Penh Sets a New Benchmark in Luxury with USD 580 Million Investment
- 23 December 2024
A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its USD 580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivaled comfort and sophistication. The hotel held its temporary inauguration o...
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Kambol District Celebrates the Launch of USD 1.4 Million Boeung Thom Water Treatment Plant
- 19 December 2024
In a transformative move to improve access to clean water for Phnom Penh residents, the Cambodian government has inaugurated the Boeung Thom Water Treatment Plant, a USD 1.4 million investment to serve over 3,000 families in the Kambol District. The inauguration ceremony, held on 16 December 2024, was officiated by HE Hem Vandy, Minister of Industry, Science, Technology and Innovation. The s...
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Ground-breaking Ceremony for Mekong Key City in Areyaksat Marks a New Era in Cambodian Urban Development
- 17 December 2024
The Cambodian government has officially commenced construction on the ambitious Mekong Key City project, a transformative satellite city spanning over 200 hectares along the eastern bank of the Mekong River. The ground-breaking ceremony, held on 17 December 2024 and presided over by PM Hun Manet, signals the start of a development poised to redefine the urban and economic landscape of Areyaksat. ...
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50 Korean Companies to Invest in Cambodia’s Priority Sectors, Boosting Bilateral Economic Ties
- 14 December 2024
In a landmark development for Cambodia’s economic landscape, fifty Korean Industrial Confederation (KIAF) companies have expressed their intention to invest in the country’s priority sectors. This announcement followed a high-level meeting between Cambodian PM Hun Manet and KIAF chairman Marn-Ki Jeong, held on 13 December 2024. The visit was part of a broader initiative to explore strategic inv...
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Sihanoukville Attracts USD 487 Million in Investment with 48 New Projects
- 13 December 2024
Sihanoukville’s economic transformation is gaining momentum, with the Cambodian government approving 48 new investment projects worth USD 487 million. These initiatives, announced by the Investment Promotion Working Group on 3 December 2024, are set to receive special incentives to stimulate local economic growth and business development. The projects comprise 16 initiatives aimed at repurposin...
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