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ខ្មែរ Projects Development
HLH Group Sells its Farm Resort Business in Singapore to Focus on Cambodia Operations
- 7 June 2021
Hong Lai Huat (HLG) group will be disposing its entire equity interest in HLH Agri R&D for the price of approximately US$3.6million, with the aim to focus more on their businesses in Cambodia, reported The Business Times. HLH Agri International has entered into a sale and purchase agreement with Gallop Green, a seafood farming and waste treatment disposal company, for the sale of the entire...
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Cambodia Generates 2,731 mW Energy Domestically, to Increase to 10,000mW by 2030
- 7 June 2021
Currently, Cambodia can domestically produce total energy up to a maximum of 2,731 mW, while the government is boosting more energy investment to increase power capacity to 10,000 mW by 2030. According to the Ministry of Mines and Energy, power sources in Cambodia are from heavy fueled power plants at236 mW, biomass-fueled power plants at 111 mW, solar PV stations at 360 mW, coal-fired power pl...
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Two New Factories Worth Over US$10 million Approved for Kandal and Phnom Penh
- 4 June 2021
The Council for the Development of Cambodia (CDC) has recently approved private firms to invest in building two factories, worth a total budget of approximately US$10 million in Kandal and Phnom Penh. The first investment permit has been granted to Impak (Cambodia) Co., Ltd to invest US$5million in building a suitcase and bag factory in Damnak Koh village, Samrong Leu commune, Ang Snoul distric...
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Fourth Japanese-Funded Automatic Screen Pit Installed in Phnom Penh Drainage System
- 4 June 2021
The fourth Japanese-funded automatic garbage collection machine in the drainage system (automatic screen pit) in Phnom Penh has been installed and officially put into operation on Thursday 3 June. The inauguration ceremony was held in the presence of the First Secretary of the Japanese Embassy Mr Toshikazu Tokioka, JICA Representative Ms Aya Tokumoto, and Director of the Department of Public Wo...
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Construction Begins for Japanese-Funded US$27 million Choeung Ek Wastewater Treatment Plant
- 3 June 2021
The construction of the Japanese-funded US$27-million sewage system and a large-scale treatment plant in Choeung Ek officially began in late May and is scheduled for completion in November 2023. According to an announcement by the Phnom Penh Municipality yesterday, the implementation of the project is divided into 4 stages, including: 1. Filling up 3 hectares of land in Chak Angre Leu commun...
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France Pledges €600 million in Financing to Cambodia for Next Six Years
- 2 June 2021
The French government has pledged to increase the amount of official financing for Cambodia to approximately €120 million per year for the six years from 2021 to 2026, focusing on infrastructure and other developments. The pledge was made during an online meeting between Minister Delegate to the Prime Minister and Permanent Secretary of the Ministry of Economy and Finance HE Vongsey Visoth and ...
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Veterans in Koh Kong to Receive Over 700 Concessional Land Plots
- 2 June 2021
The Koh Kong Provincial Administration plans to allocate 691.14 hectares of social land concessions to veterans in Andong Toek commune, Botum Sakor district, Koh Kong province, according to a meeting on 01 June 2021. Koh Kong Deputy Governor Sok Sothy said in the meeting that, at this stage, the team is working on counting the number of eligible veterans as the number is still not clear. Aft...
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Construction of PP-SHV Expressway 60% Complete
- 1 June 2021
Construction of the US$-2 billion expressway connecting Phnom Penh to Sihanoukville has been 60% completed as of late May, according to the Facebook of the Phnom Penh-Sihanoukville Expressway on 1 June. So far, the pavement work is already underway while the first flyover of the project has also started taking shape. The team has already finished installing girder blocks for this flyover, ma...
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New US$79-million Hotel & Commercial Centre Set for Pou Senchey District
- 1 June 2021
The Council for the Development of Cambodia (CDC) has officially approved Continent Crown Investment Management Co., Ltd to invest US$79 million to build a 275-key 4-star hotel and commercial centre in Sangkat Kakab, Pou Senchey district in Phnom Penh. On the same day, CDC also approved Cambodian Gome Farm Food Co., Ltd to invest US$6.5 million in building a mango processing factory in Voa Sar ...
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Three New Factories Worth Nearly US$10 million Approved for Phnom Penh, Kandal, Kampong Speu
- 31 May 2021
Sen Sok, Angk Snuol and Samraong Tong districts have attracted three new factory investment projects respectively approved by the Council for the Development of Cambodia (CDC) worth a total of US$9.6 million. The first investment is a garment factory located in Sen Sok in Phnom Penh worth US$4.5 million and an invested by Ruixue (Cambodia) Co., Ltd. Meanwhile, the second project is a US$2.6-...
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