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ខ្មែរ Projects Development
Groundbreaking of 500-Hectare Green Textile Industrial Park in Kampong Speu to Create Up to 60k Jobs
- 12 November 2024
A groundbreaking ceremony on 8 November 2024 marked the start of a 500-hectare green textile industrial park in Chheu Neang village, Taing Sya commune, Phnom Sruoch district, Kampong Speu province. Attended by HE Heng Sour, Minister of Labor and Vocational Training, HE Dr Cheam Chansophoan, Governor of Kampong Speu Province, and Mr. John Yu, Chairman of Golden Integrity International Investment...
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French Luxury Brand Metal Jewellery Opens New Factory in Cambodia, Boosting Local Industry & Jobs
- 11 November 2024
Metal Jewellery Cambodia, a renowned French jewellery brand, officially opened its production and assembly factory for metal and plastic jewellery on 9 November 2024. The inauguration, led by HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, marks a major milestone following the company’s investment permit approval in June 2023. HE Chea Vuthy emphasised the significance...
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PM Inaugurates USD10 Million Techo Santepheap Ankoul Beach Road to Boost Tourism in Kep
- 11 November 2024
The USD 10 million Techo Santepheap Ankoul road project, aimed at enhancing tourism infrastructure, was officially inaugurated in Ang Kol, Kep village, and Angkor village in Ang Koul commune, Damnak Chang Eur district, Kep province. Led by PM Samdech Hun Manet, the ceremony on 11 November 2024 marked the completion of this pivotal project in the Greater Mekong Subregion’s Phase 2 tourism infras...
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Chinese Guoxing Group Commits to Major Investments in Cambodia’s Industrial & Agricultural Sectors
- 11 November 2024
Guoxing Group, a prominent Chinese conglomerate, has reaffirmed its commitment to establishing a major industrial park in Cambodia and is actively exploring agricultural investment, particularly in the production of organic fertilisers. This announcement followed a strategic meeting between Samdech Hun Manet, PM of Cambodia, and Mr. Li Guolian, President of Guoxing Group, on 6 November 2024 in ...
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Sailun Group to Boost Cambodia’s Rubber Processing Industry with Expanded Investment
- 8 November 2024
Chinese tire manufacturing giant Sailun Group has announced a substantial plan to increase its investment in Cambodia's rubber processing industry, aiming to expand the output of its Svay Rieng-based tire factory. This key decision was highlighted during discussions between Yuan Zhongxue, Honorary Chairman of Sailun Group, and PM Hun Manet at the 8th Greater Mekong Subregion (GMS) Summit in Kun...
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Chinese Firm Expands Investment with New Cashew Processing Plant in Cambodia
- 7 November 2024
Shandong (Cambodia) Economic and Technological Development Zone, a major Chinese agricultural firm, has announced a substantial capital increase to establish a new cashew processing plant in Cambodia, further advancing its agricultural production footprint. This decision was revealed during a meeting on 6 November 2024 between Cambodian PM HE Hun Manet and Mr. Wu Yu Jie, President of the Shando...
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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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