Over 2,900 Construction Projects Worth US$3.8 billion Approved in First 8 Months

The Ministry of Land Management, Urban Planning and Construction has approved a total of 2,901 construction projects during the first eight months of 2021, a 449-project drop compared to the same period last year. According to a report by the Ministry of Economy and Finance, the total investment value of the aforementioned projects was US$3,843 million, also down by 24.4% year on year. Among...

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Cambodia Earns Over US$2m from Agro-Industrial Land Concessions 

The Ministry of Agriculture, Forestry, and Fisheries as of August 2022 has given over 229 agro-industrial concessional land plots to the private sector, or equivalent to over 1.1 million hectares. The figure was shown by HE Veng Sakhorn, Minister of Agriculture, Forestry, and Fisheries on 25 August. Among them, 72 private firms have paid over US$2 million of concessional fees to the governme...

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Construction of ADB-funded 11km Beachfront Road in Kep to Start in November

The construction of the ADB-funded 11km beachfront road is scheduled to begin this upcoming November, according to the final decision between the Kep provincial administration and the Asian Development Bank (ADB) on 30 September. This road will start from Kep city and stretch along the beach all the way to Angkol beach. With an estimated cost of US$10.5 million, the project will take 22 mont...

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Construction of New Offshore Koh Tonsay Tourism Port to Begin by Mid-October

A new Koh Tonsay Tourism Port located on the Koh Tonsay Island, 4km offshore of Kep province’s mainland, is set to begin construction on 16 October and is expected to take 15 months to complete. The construction timeline was set during the meeting on Thursday 30 September between the Kep provincial administration, the Ministry of Economy and Finance, Ministry of Public Works and Transports, Min...

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MPWT Requests the US to Provide Technical Support & Invest More in Infrastructure Sector

The Minister of Public Works and Transport HE Sun Chanthol has requested the United States to assist in three major areas to help enhance the infrastructure sector in Cambodia. The proposal was made during a meeting between HE Sun Chanthol and US Ambassador to Cambodia HE Patrick Murphy on 29 September. HE Sun Chanthol urged US companies to invest more in the field of infrastructure. Besides, ...

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Four Regions in Kep Province Selected as Main Development Zones in 2021-2035 Masterplan

The draft of the Kep Tourism Development Masterplan for 2021-2035 is currently under discussion as four major areas have been selected as strategic development poles, including the old Kep town, Angkol beach area, the Phnom Voar zone, and offshore islands zone. The draft master plan was discussed at a meeting on 29 September under the chairmanship of Minister of Tourism HE Thong Khon and Kep Go...

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Solar Components & Bag Factories Worth Over US$33m Approved for PP and K. Speu

The Council for the Development of Cambodia (CDC) has issued permits to two private firms to invest US$33.1 million for setting up two factories in Kampong Speu and Phnom Penh. According to a CDC announcement on 30 September, the two companies include Xin Xingle Leather Products Co., Ltd., which will invest US$3.1 million to set up a bag production factory in Chbar Morn city in Kampong Speu pro...

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Kampot Tourism Port 84% Complete, Set for Operational by Year’s End

The overall construction on the Kampot Tourism Port is over 84% complete as of September and is scheduled for final completion by the end of 2021, according to a site inspection by the Minister of Tourism HE Thong Khon on Wednesday 29 September. Meanwhile, construction of the passenger terminal is also over 73% completed. Located in Toek Chhu district, ground was broken on the project in Aug...

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Construction Begins on US$130 million Koh Tonsay Development

Construction has begun on the US$130-million mix-used development project on over 140 hectares of land in Koh Tonsay in Kep province by the Try Pheap Group. The deputy governor of Kep province said on 29 September that construction began on 22 September as the company's team had already transported equipment and construction materials to the island. After receiving an investment license from...

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Japan’s Mitsubishi Invests in Building SEA’s Biggest Onshore Wind Power Plant

Japan’s Mitsubishi Corp has purchased 24% in a 600-MW onshore wind farm project in Laos through its subsidiary Hong Kong-based Imperial Energy Asia Development Ltd (IEAD). The development activities of the project will start next year and are to be built in a southern Laos province. Power generation is set to start in 2025. Imperial Energy Asia Development Ltd (IEAD) will develop the project...

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