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ខ្មែរ Projects Development
Progress Update on Kampong Thom Dam Project: 25% Completion Mark Achieved
- 14 January 2025
Construction on the Kampong Kor Dam is progressing steadily, with 25% of the project now completed. HE Chan Sinath, Secretary of State, provided this update during an inspection of the project on 12 January 2025. During the inspection, HE Chan Sinath outlined the project's current status, specifying that the dam's construction has reached 10%, while significant progress has been made on support...
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Cambodia’s Economic Boom: A Game-Changer in 2024
- 13 January 2025
In a bold leap towards unprecedented economic growth, Cambodia has unveiled the approval of 10 new special economic zones, marking a significant milestone in 2024 with investments poised to reach a staggering USD 850 million. This strategic expansion is set to generate approximately 4,000 new jobs, heralding a transformative era for the nation’s economic landscape. The announcement was delivere...
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WANLI Tire Breaks Ground on New Factory in Svay Rieng, Promising Jobs and Economic Growth
- 13 January 2025
In a move poised to boost Cambodia's economy significantly, WANLI Tire has officially begun construction on a state-of-the-art tire manufacturing facility in the Sin Bavet Special Economic Zone. The groundbreaking ceremony was led by HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, marking a pivotal moment for the region. On an expa...
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Techo International Airport Crowned as World’s Leading Architectural Marvel for 2025
- 4 January 2025
In a remarkable accolade for Cambodia, Techo International Airport has been named one of the 11 most spectacular architectural creations in the world by CNN, marking a significant achievement for the nation as it forges ahead into the future of aviation. This prestigious recognition was announced on 1 January 2025, positioning the airport at the forefront of innovative design and sustainability. ...
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Peninsula Bay Investment Announces Ambitious USD 1 Billion Expansion in Sihanoukville
- 4 January 2025
In a bold move to transform Sihanoukville's landscape, Peninsula Bay Investment Co., Ltd has unveiled plans to invest an additional USD 1 billion to develop new hotels, shopping malls, and entertainment venues. This announcement was made during a recent project update, revealing the company’s commitment to enhancing the vibrant coastal province of Preah Sihanouk. Project Manager Mr. Lai Xiao Bo...
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Cambodia Sees Record-Breaking USD 6.9 Billion Investment in 2024
- 28 December 2024
Cambodia has achieved a remarkable milestone in 2024, with the Council for the Development of Cambodia (CDC) approving 414 investment projects worth a total of USD 6.9 billion. This marks a 54% increase in the number of projects compared to 268 in 2023 and a 40% rise in investment capital from USD 4.927 billion in 2023, according to a progress review meeting reported on 20 December 2024. PM Sam...
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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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