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ខ្មែរ Projects Development
Techo Int’l Airport Nears Completion at Over 90%, Already Costs USD 1.3 Billion
- 7 November 2024
The Techo International Airport project has surpassed 90% completion as of early November 2024, with construction costs exceeding USD 1.3 billion. This milestone was announced by HE Sinn Chansery Vutha, Secretary of State and Spokesman for the Secretariat of State for Civil Aviation, on 6 November 2024. HE confirmed that major construction would conclude by the end of this year, with remaining ...
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ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025
- 5 November 2024
The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of Battambang and Kampong Ch...
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China’s Sailun Group to Launch USD 110m SEZ in Kampot Province
- 1 November 2024
Chinese tire manufacturing giant Sailun Group has announced plans to develop an industrial park named the "Cambodia Kampot Special Economic Zone Project" (Kampot SEZ) in Cambodia, backed by an impressive USD 110 million investment. The new venture will be managed by a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., established specifically to implement the Kampot SEZ project, accordin...
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Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop
- 31 October 2024
Cambodia's construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under USD 4 billion, a stark contrast to the nearly 4,841 projects worth approximately USD 12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE Research on 17 October 2024, indicates that the s...
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USAID Grants USD 55 Million to Cambodia, Prioritising Food Security, Health & Environment
- 28 October 2024
The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director of USAID Gl...
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PM Celebrates Inauguration of USD 62 Million Dam Rehabilitation Projects in Mondulkiri
- 25 October 2024
Three major dam rehabilitation projects in Mondulkiri, the Otethipadi, Sen Sokdom, and Sen Monorom dams, have officially been inaugurated, representing a USD 62 million investment aimed at transforming the province's water infrastructure. The inauguration ceremony, presided over by PM Hun Manet, marked a significant step towards improving local livelihoods, with the projects set to supply clean...
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Bokor Mountain Cable Car Project Under Study by Sokimex, Doppelmayr & Confluences
- 25 October 2024
Sokimex Investment Group (SIG) has granted permission for Doppelmayr and Confluences to explore the feasibility of a cable car system on Bokor Mountain in Kampot province, aiming to boost tourism and economic growth. This announcement was shared on the official Facebook page of SIG on 21 October 2024, confirming the companies' involvement in assessing the technical and economic aspects of the proj...
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France & EU Set to Boost Phnom Penh Water Supply’s Capacity for Clean Water Development
- 19 October 2024
The French Development Agency (AFD) and the European Union are gearing up to enhance the capabilities of the Phnom Penh Water Supply Authority (PPWSA) initiative to strengthen Cambodia's water sector, starting in early 2025. This plan, aimed at advancing the Sixth Sustainable Development Goal of universal access to clean water and improved sanitation, was announced after discussions on 14 Octob...
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China Grants Over USD 42m to Boost Cambodia’s Infrastructure Development
- 12 October 2024
To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s ongoing dedicat...
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Cambodia Approves 28 New Projects in September, Attracting USD 443m Investment
- 11 October 2024
Cambodia greenlighted 28 new investment projects in September 2024, worth approximately USD 443 million, creating around 25,000 jobs across various industries. This impressive investment surge includes 26 new projects and two production expansions, positioning Cambodia as an attractive hub for both local and international investors. The Council for the Development of Cambodia confirmed the details...
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