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ខ្មែរ Projects Development
Three New Factories Worth US$15 million Approved for Kandal, Takeo & Phnom Penh
- 15 June 2021
The Council for the Development of Cambodia (CDC) recently approved private firms to invest in building three factories, worth approximately US$15 million in Kandal, Takeo, and Phnom Penh. The first investment permit has been granted to J.A.K Garment Co., Ltd to invest US$2.4 million in building a garment factory in Kampong Pring Village, Sangkat Sitbo, Takhmao City, Kandal Province. The sec...
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Three New Eco-Tourism Destinations Proposed for Koh Kong Province
- 15 June 2021
Private firms have proposed to invest in three ecotourism sites on 30 hectares in Khemara Phoumin city and Mondul Seima districts in Koh Kong province. Koh Kong Deputy Provincial Governor Ouk Pheaktra said during a site inspection on Monday 14 June that the three proposals are currently being reviewed and studied. "We must study carefully as the proposed locations are located in the protecte...
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Apsara Oil Driller KrisEnergy’s Wind-up Petition Hearing Set for July
- 14 June 2021
KrisEnergy has announced that its wind-up petition hearing will be held on 12 July; meanwhile, the operation of its subsidiary KrisEnergy (Cambodia) is temporarily paused. The hearing date was set after Singapore-based parent companyKrisEnergy filed a winding-up petition to the Grand Court of the Cayman Islands, requesting liquidation due to its inability to pay debt. (Read more and more) Re...
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Third Bakheng Water Treatment Plant Proposed
- 11 June 2021
ambodia has requested France to consider investing or providing financial support for building a third Bakheng water treatment plant in response to the growing clean water demand in Phnom Penh. The proposal was made during a meeting between the Minister of Industry, Science, Technology and Innovation (MISTI) HE Cham Prasidh, and French Ambassador to Cambodia HE Eva Nguyen Binh, during a farewel...
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Inter-Ministerial Committee Established to Accelerate Sihanoukville Multi-Purpose SEZ Plan
- 11 June 2021
The Cambodian government has issued a sub-decree establishing a new inter-ministerial committee, with the designated tasks of creating policies and land management plans to develop Sihanoukville into a multi-purpose special economic zone as soon as possible. According to Sub-Decree No. 82 issued on 09 June 2021, the committee has a total of 25 members, with the Minister of Land Management, Urba...
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Vietnam’s Phu Quoc Island Intends to Challenge Phuket and Bali as Region’s Top Tourist Destination
- 9 June 2021
The Vietnamese government and private companies have recently expressed their ambition to further develop Phu Quoc island to become the region's leading tourist attraction, challenging other island paradises such as Phuket in Thailand and Bali in Indonesia, reported Nikkei Asia. Phu Quoc used to be famous for only its fish sauce production before 2013, but things changed after the Vietnamese go...
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Construction of First PP-SHV Expressway Interchange Complete
- 8 June 2021
The first interchange of the Phnom Penh-Sihanoukville Expressway project has been completed, while the overall progress of the entire expressway has reached about 50% to 60%, according to the Facebook page of the Phnom Penh-Sihanoukville Expressway yesterday. This interchange will enable vehicles to enter or exit the expressway, which is a safe and convenient method for fast traffic like on an ...
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Construction of New Bokor City Administration Building to Begin Soon
- 8 June 2021
Construction of the new Bokor city administration building is expected to begin soon as the Kampot Provincial Administration is currently inspecting the potential location. Kampot Governor HE Cheav Tay said during the site inspection on Tuesday 08 June that the potential would be a spot nearby the Kampot Provincial Department of Environment, next to the checkpoint going up to the Thansur Bokor ...
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Chinese Firm to Build US$200 million Tire Plant in Sihanoukville
- 8 June 2021
China-based Jiangsu General Science plans to build a US$200 million (1.3 billion yuan) tire plant in Sihanoukville with the capacity to produce 6 million units of passenger car tires annually, reported European Rubber Journal. To be located in the Sihanoukville special economic zone, the plant is expected to take 15 months to complete and is set for operation in September 2022. According to ...
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MPWT Urges Private Firm to Strengthen Construction Techniques for NR146B & NR148
- 7 June 2021
The Ministry of Public Works and Transport (MPWT) has urged the construction company to further strengthen techniques and follow all the agreed specifications for the NR146B and NR148 renovation projects, to ensure high quality and durability. Minister of Public Works and Transport HE Sun Chanthol said during the site inspection on the morning of 09 June that the project is going smoothly, whil...
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