Projects Development
Two New Factories Worth Over US$10 million Approved for Kandal and Phnom Penh
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...
Read MoreFourth Japanese-Funded Automatic Screen Pit Installed in Phnom Penh Drainage System
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...
Read MoreConstruction Begins for Japanese-Funded US$27 million Choeung Ek Wastewater Treatment Plant
The construction of the Japanese-funded US$27-million sewage system and a large-scale treatment plant in Choeung Ek officially began in late May and is scheduled for completion in November 2023. According to an announcement by the Phnom Penh Municipality yesterday, the implementation of the project is divided into 4 stages, including: 1. Filling up 3 hectares of land in Chak Angre Leu commun...
Read MoreFrance Pledges €600 million in Financing to Cambodia for Next Six Years
The French government has pledged to increase the amount of official financing for Cambodia to approximately €120 million per year for the six years from 2021 to 2026, focusing on infrastructure and other developments. The pledge was made during an online meeting between Minister Delegate to the Prime Minister and Permanent Secretary of the Ministry of Economy and Finance HE Vongsey Visoth and ...
Read MoreVeterans in Koh Kong to Receive Over 700 Concessional Land Plots
The Koh Kong Provincial Administration plans to allocate 691.14 hectares of social land concessions to veterans in Andong Toek commune, Botum Sakor district, Koh Kong province, according to a meeting on 01 June 2021. Koh Kong Deputy Governor Sok Sothy said in the meeting that, at this stage, the team is working on counting the number of eligible veterans as the number is still not clear. Aft...
Read MoreConstruction of PP-SHV Expressway 60% Complete
Construction of the US$-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...
Read MoreNew US$79-million Hotel & Commercial Centre Set for Pou Senchey District
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 ...
Read MoreThree New Factories Worth Nearly US$10 million Approved for Phnom Penh, Kandal, Kampong Speu
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-...
Read MorePlan to build National Assembly’s new admin building takes another step forward
Plan to construct a new US$25-million Vietnamese-funded National Assembly’s administration building proposed since 2017 has taken another step forward, as the government is now reviewing the contract between construction contractors, according to the General Secretariat of the National Assembly’s meeting yesterday. The meeting was held between the General Secretariat of the National Assembly an...
Read MoreConstruction of 14-Storey Information Ministry Building 70% Complete
Construction of a new 14-storey building of the Ministry of Information is over 70% complete and is set for full completion by early 2022, according to the site inspection by Minister of Information HE Khieu Kanharith yesterday. Located inside the Ministry of Information along Monivong Blvd., this new building has 14 floors, is 65 metres tall, and 14 metres wide, with more than 300 working room...
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