Projects Development
China Extends Generous US$7.2m Grant for Council of Ministers’ Friendship Building Renovation
In a significant gesture of enduring friendship and collaboration, China has bestowed Cambodia with a substantial grant of 53.2 million yuan (US$7.3 million) earmarked for the renovation of the Friendship Building within the Council of Ministers, according to the official Facebook page of the Office of the Council of Ministers on 5 March 2024. The […]
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Cambodia Greenlights 22 Investment Projects Worth US$444m in a 15-Day Spree
In a dynamic economic surge, the Council for the Development of Cambodia (CDC) has approved 22 new investment projects, amassing a staggering US$444 million in just 15 days during February. The industrial sector emerged as the primary recipient of these investments, with significant contributions, 15 projects, also flowing into infrastructure and agriculture. The CDC’s press […]
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CDC Greenlights Nearly US$600m Investment Injection into Preah Sihanouk Province
The Council for the Development of Cambodia (CDC) has approved two investment initiatives totalling close to US$600 million, both slated for development in Preah Sihanouk province. The announcement comes following a CDC meeting convened on 28 February 2024. The first sanctioned project involves Ban Dao Investment Co., LTD, committing a capital investment of US$574 million. […]
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Gov’t Greenlights Three Major Malaysian Projects to Establish High-Tech Economic Zone & Halal Industries in Cambodia
The Cambodian government has given the nod to three significant projects proposed by the National Chamber of Commerce and Industry (NCCIM) in Malaysia. These ventures encompass the establishment of a high-tech economic zone, a technology development initiative, and an ecological project for the halal food industry in Cambodia. The approval was conveyed during the Cambodia-Malaysia […]
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Japanese Firm, Minebea Cambodia, to Establish US$650m SEZ on 50ha of Land in Pursat
Minebea Cambodia is set to embark on its second investment project, allocating approximately US$650 million to acquire a 50-hectare plot in Pursat province, where it plans to establish a special economic zone. The decision was announced by HE Sun Chanthol, Deputy Prime Minister & First Vice President of the Council for the Development of Cambodia […]
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SATO KOGYO Secures Contract to Build World’s Largest Mine-Shaped Museum in Siem Reap
The project to construct the world’s largest mine museum in Siem Reap, along with a training facility at the Technical Institute for Mine Action in Kampong Chhnang, has officially entered the construction phase. The construction agreement was formalized through a signing ceremony between the Japanese company SATO KOGYO CO., LTD and the Cambodian Mine Action […]
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Cambodia’s Takhmao Techo International Airport Nears Completion with 64% Milestone
In a significant stride towards becoming Asia’s largest and most advanced airport, Takhmao Techo International Airport (TTIA) in Cambodia has marked an impressive 64.1% completion of its first-phase construction as of February 8, 2024. Mr. Sin Chanserivutha, the Undersecretary of State and Spokesman for Civil Aviation provided this update during an inspection alongside Dr. Mao […]
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A New Epoch Unveiled: Ministry of Industry’s “Techo Sen” 18-Storey Building Officially Launched
In a landmark event, the Ministry of Industry, Science, Technology, and Innovation ushered in a new era with the official inauguration of its towering 18-storey office building, named “Techo Sen.” Presiding over this momentous occasion was Samdech Hun Manet, Prime Minister of Cambodia, on February 21, 2024. The grand edifice, strategically situated along Norodom Blvd, […]
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Arey Ksat Bridge Construction Set to Commence in Early 2025, Signaling Major Infrastructure Milestone
The commencement of the Cambodia-Korea Friendship Bridge Project is anticipated to take place at the genesis of 2025. Cementing the commitment to this significant infrastructure development within Cambodia, a meeting was held on 21 February 2024. HE Peng Ponea, the country’s Minister of Public Works and Transport, was joined by HE Park Jung-wook, the esteemed […]
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Cambodia’s Notable Factory Boom, 241 New, Amid Nearly 100 Closures in 2023
A considerable swell in Cambodia’s industrial landscape has been seen through 2023—a year marked by both substantial growth and notable challenges. According to the latest findings from the Ministry of Industry, Science, Technology, and Innovation (MISTI), the kingdom celebrated the launch of 241 new factories. Yet, it grappled with the closure of 98 industrial units, […]
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