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ខ្មែរ Projects Development
CDC Approves Over 210 Japanese Investment Projects Worth Approx. US$3bn as of July 2021
- 1 September 2021
As of July 2021, the Council for the Development of Cambodia (CDC) has approved Japanese companies to invest in a total of 211 projects in Cambodia worth over US$3 billion, most of which are investment projects in non-textile manufacturing sector. This is according to the 22nd meeting of the Cambodia-Japan Joint Committee on Monday 30 August. Among those projects, CDC has approved 145 Japane...
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Local & Chinese Firms Prepare US$200m to Cooperate on OCIC’s New PP Airport Project
- 31 August 2021
A Chinese firm and local company LSCG have recently co-approved a US$200 million investment budget to cooperate with OCIC on the new Phnom Penh international airport project. According to LSCG CEO Ly Sok Chhay, his firm and the Chinese partner are ready in terms of budget, technical support, and human resources for the cooperation, but continue to await final approval from OCIC Chairman Neak Ok...
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Private Firms Invest Approx. US$15million Setting Up Factories in Three Provinces
- 30 August 2021
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$14.8.5 million in building factories in Kandal, Kampong Chhnang, and Takeo. The first investment permit has been granted to Shining Fashion Industrial Co., Ltd. to invest US$3.4 million to build a garment factory in Trapeang Peuk village, Peuk commune, Ang Snoul district, Kandal province. ...
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Battambang & SR Chosen for New Regional COVID-19 Labs
- 26 August 2021
The Ministry of Health has selected Battambang and Siem Reap Provincial Referral Hospitals as the construction sites for regional test laboratories for COVID-19 samples for the northwestern provinces of the country. The construction of a new laboratory in Battambang province has just been completed and is scheduled to open in early September. Minister of Health Mam Bunheng said during a site...
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Cambodia’s First Latter-Day Saints Temple Set to Break Ground Next Month in Phnom Penh
- 25 August 2021
The First Presidency of The Church of Jesus Christ of Latter-day Saints has announced that the Phnom Penh Cambodia Temple groundbreaking will be held on Saturday 18 September 2021. Having white walls and five stupas on top, one is which is the tallest, the single-story temple of approximately 10,000 square feet (304sqm) will be built on a 3.16-acre site. Located on Russian Confederation Stre...
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Impact Resettlement for New PP Airport Ongoing; Some Land Plot Holders Refuse to Relocate
- 25 August 2021
The new Phnom Penh Airport Developer Cambodia Investment Co Ltd (CAIC) this morning handed over new land titles to 16 owners (equivalent to 31 plots) whose lands were affected by the new airport construction. The handover ceremony was held in the presence of Kandal Governor HE Kong Sophoan and Deputy General Director of CAIC Mr Charles Van. HE Kong Sophoan stated the construction of the new ...
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Power Plants, Livestock Farms & Factories Worth Over US$63m Approved for 5 Provinces
- 24 August 2021
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$63.5 million in building a power plant, solar park, livestock farm, and several other factories in Kandal, Kampong Thom, Sihanoukville, Takeo and Kampong Speu. According to a CDC announcement on Monday 23 August, those seven companies include: 1. Ethan Metal Manufacture Co., Ltd., which...
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Chinese Firm Requests Cooperation with OCIC on Four Major Development Projects
- 23 August 2021
A Chinese firm owned by a millionaire investor is requesting cooperation with Canadia Group and OCIC on four major development projects in Cambodia including the new Phnom Penh Airport, Koh Norea Boeung 500, and an industrial park project along NR51; citing millions of dollars being prepared to inject into Cambodia. The joint venture proposal and negotiation was facilitated by a local firm LSCG...
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New 50-hectare Wastewater Treatment Plant Planned for Kampong Chhnang
- 23 August 2021
The Kampong Chhnang Provincial Administration is demarcating a 50-hectare land plot in the Boeung Thom area to prepare for the construction of a standardised wastewater treatment plant in Kampong Chhnang town soon, according to a stakeholder meeting on Sunday 22 August. Kampong Chhnang Deputy Governor HE Born Sophy said the plant will be on a large scale and will be built with high technical st...
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Ang Snoul District Attracts 10 Investment Projects Worth Over US$36 million in First 8 Months
- 23 August 2021
During the first eight months of 2021, Ang Snoul district in Kandal province has attracted at least 10 investment projects approved by the Council for the Development of Cambodia (CDC) worth more than US$36.5 million. The latest project was approved by CDC last week, which is a US$2.5-million garment factory investment by Auspicious Bag & Shoes Accessories Co., Ltd. According to CDC, thi...
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