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ខ្មែរ Projects Development
Discussion on Phnom Penh-Bavet Expressway Takes Another Step Forward
- 12 May 2021
The Minister of Public Works and Transport HE Sun Chanthol on Monday held an online meeting with Svay Rieng Governor Men Vibol and relevant officials to discuss the progress of the Phnom Penh-Bavet expressway. The meeting aimed to resolve challenges that occurred during the process and speed up the procedure to meet the scheduled timeline, marking another step forward of this US$2-billion expre...
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Two New Factories Worth Over US$5 million Approved for Battambang and Kampong Speu
- 7 May 2021
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building two factories worth a total budget of approximately US$4.7 million in Battambang and Kampong Speu provinces. The first investment permit has been granted to Green Power Biochemical Co., Ltd to invest US$2.3 million in building a biochemical factory in Traeng commune, Rotanak Mondol dist...
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Gov’t Approves Six New Investment Projects Worth Over US$100 million
- 5 May 2021
The Council for the Development of Cambodia (CDC) has recently approved private firms to invest in building six factories, worth a total budget of approximately US$106.3 million in Kandal, Takeo, Kampong Speu and Preah Sihanouk provinces. The first investment permit has been granted to Yiankang Biological Technology Co., Ltd to invest US$2.9 million in building a food processing factory in Tumn...
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Progress Update on Five Affordable Housing Projects in Cambodia
- 5 May 2021
To date, Cambodia has a total of five approved affordable housing projects, three of which are landed properties with a total of 8,331 houses, and two others are co-owned buildings with a total of 7,256 units, according to the latest data from the Ministry of Land Management, Urban Planning and Construction (MLMUPC). Here is a progress update on those five projects: 1) Arakawa Affordable Hou...
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Firms from Myanmar Mull Building Factories in Kampong Speu, says Governor
- 29 April 2021
Despite the current COVID-19 community outbreak and lockdown, Cambodia is still receiving investment opportunities, as plenty of firms based in Myanmar have recently expressed their interest in building factories in Kampong Speu province, according to Governor HE Vy Samnang. HE Samnang told the Construction & Property Magazine via Telegram on 28 April that at least 20 of them have been cont...
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New Kampot Concrete Bridge Set for Completion End of 2021
- 29 April 2021
Construction of the Samdech Techo Troeuy Koh concrete bridge in Kampot city connecting Troeuy Koh and Andong Khmer communes is scheduled to be completed by the end of 2021, according to the Kampot provincial administration on 28 April. Kampot Governor HE Cheav Tay said during the site inspection that his office has been urging the working group to speed up the construction progress and also ask...
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Residents Near Sites of Siem Reap Road Sites Urged to Connect to State Water System
- 28 April 2021
The Siem Reap Provincial Administration has urged citizens and business owners living nearby the construction sites of the 38-road renovation project to apply for connection to the state water system now or at least before the construction is complete. According to the official announcement on 27 April, as the 38-road project also includes rearrangement of the underground wastewater and clean w...
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ADF Helps Cambodia Develop a Long-Term Energy Trajectory-Modelling Tool
- 27 April 2021
Agence Française de Développement (AFD) has provided €300,000 to help Cambodia develop a long-term energy trajectory-modelling tool, according to a press release early this month. The fund is provided through a program entitled “Energy Sector Modelling Tool for the Ministry of Economy and Finance of the Royal Government of Cambodia”, with the aim to support long-term low carbon development plan...
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Hong Lai Huat, CMEC to Co-Build 200-MW Solar Power Plant in Kampong Speu
- 27 April 2021
Real estate developer Hong Lai Huat Group Ltd and China Machinery Engineering Corp (CMEC) have teamed up to invest in building a 200-MW solar power plant at the Aoral Eco-City in Kampong Speu province. Both firms have already signed a non-binding MoU to create a special purpose vehicle (SPV) and collaborate for at least 20 years, with a 20-year renewal option, according to Renewables Now. Ho...
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US$61m five-star hotel & casino in Sihanoukville to open in Q1 2022
- 23 April 2021
Malaysian-based WA Hospitality has announced that it will open the US$61-million Won Majestic Casino Hotel & Resort in Sihanoukville in Q1 2022, reported TTG Asia. Located in front of the Sokha Hotel in Sangkat 4, this 5-star hotel will have a total of 373 rooms featuring luxury suites and studio rooms, a swimming pool, gym, three restaurants, a guest lounge and a casino. The project was...
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