Projects Development
Techo Takhmao International Airport Nears Completion with 82% of Construction Finalised
The ambitious construction project of Techo Takhmao International Airport, a Class 4F facility with an initial investment of USD 1.5 billion, is now 82% complete, according to AMS Central media on 27 August 2024. His Excellency Mao Havnall, Spokesman of Civil Aviation, confirmed that the remaining construction work, less than 20%, is on track to be finished by October 2024. “The work that ha...
Read MoreCanada-ASEAN Business Council Eyes Agro-Industrial Investments in Cambodia
The Canada-ASEAN Business Council (CABC) is actively exploring investment opportunities in Cambodia's burgeoning agro-industrial sector, underscoring the nation’s potential as a hub for agricultural and food industry growth. This initiative was discussed during a meeting on 28 August 2024 between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of ...
Read MoreKampot Unveils Cambodia’s Tallest & Largest Khmer-Style Clock Tower to Boost Tourism
Kampot province has unveiled Cambodia’s tallest and largest clock tower, standing at 35 metres high, with a clock face nearly 10 metres in diameter. This impressive structure, designed in traditional Khmer style, was officially launched during the groundbreaking Ceremony, attended by HE Dr Mao Thunin, Governor of Kampot Province, and Lok Chumteav Hun Chanthy Mao Thunin on 22 August 2024. Strate...
Read MoreChinese Association Proposes New SEZ on 32 Hectares in Takeo Province
The Chaosan Chinese Business Association has proposed the establishment of a new Special Economic Zone (SEZ) on a 32-hectare site in Bati district, Takeo province, with the primary objective of creating job opportunities for the local population. This initiative was discussed during a meeting between HE Vy Samnang, the Governor of Takeo Province, and Mr. Oknha Taing Lak Hav, President of the Ch...
Read MoreSingapore Invests USD 400m in Cambodia Over Five Years
Over the past five years, Singapore has emerged as one of the top 10 sources of foreign direct investment (FDI) in Cambodia, with a total investment of USD 400 million, according to the Council for the Development of Cambodia (CDC). This significant influx of capital was highlighted at the Singapore Business Fair 2024, underscoring Singapore’s pivotal role in Cambodia's economic development. ...
Read MoreChinese Firm Explores Investment in Cambodian Fresh Fruit Processing Plant
DOMI Biotechnology Co., Ltd. from China is exploring the possibility of establishing a fresh fruit processing plant in Cambodia, with a focus on durians and coconuts. This development follows a high-level meeting on 12 August 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr. Wan Yanhu, President of DOMI Biotechnology Co., Ltd. The company, which curren...
Read MoreChery Holding Group Eyes Investment in Cambodia’s Automobile & Auto Parts Industry
Chery Holding Group, a leading Chinese conglomerate, has expressed a strong interest in investing in Cambodia’s burgeoning automobile and auto parts industry, with ambitions to serve domestic, regional, and international markets. This potential investment was highlighted during a meeting between Xu Hui, Deputy General Manager of Chery Holding Group Co., Ltd, and Cambodian Prime Minister Hun Man...
Read MoreAEON Mall Vietnam to Invest Over US$167m in Landmark Thanh Hoa Shopping Centre
AEON Mall Vietnam has secured approval from Thanh Hoa provincial authorities to invest over US$167 million in a large shopping centre spanning 10.5 hectares, set to become the largest commercial hub in the northern region of Vietnam. This significant investment, reported by VNEXPRESS on 4 August 2024, underscores AEON Mall's commitment to expanding its footprint in Vietnam's retail landscape. T...
Read More19 Japanese Firms Set Sights on Cambodia’s Green Technology & Carbon Credit Sectors
A total of 19 Japanese companies have shown strong interest in investing in Cambodia’s green technology and carbon credit sectors, a promising development discussed during a high-level meeting between Prime Minister Samdech Hun Manet and Ms Mio Kawada, Vice President of the Japan External Trade Organization (JETRO), on 7 August 2024. Representing the interests of the 19 companies, Ms Mio Kawada...
Read MoreThe Gov’t Explores Two Road Options to Connect Tonle Bassac Bridge to NR 1
The Ministry of Public Works and Transport is evaluating two potential routes to connect the new US$60 million Bassac River Bridge, which links Chak Angre Krom to Prek Pra, with NR No. 1. During a project meeting on 7 August 2024, chaired by HE Suong Heng, Secretary of State, the team reviewed these alternatives: the first route spans 1.595 km, while the second covers 1.490 km. Both roads aim t...
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