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ខ្មែរ Projects Development
CDC approves US$12 million investment in three construction material factories
- 27 February 2020
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently given permits to three firms to invest a total of US$12 million in establishing three construction material factories in Phnom Penh, Sihanoukville and Takeo. The first project is an investment of about US$ 2.5 million by Ningo Bainian (Cambodia) Electric Appliance Co., Ltd to build an electrical eq...
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Cambodia Airports vows to finish Sihanoukville Airport expansion by 2022
- 26 February 2020
Cambodia Airports has vowed to finish the first phase of the Sihanoukville Airport expansion project by mid-2022, following the final master plan to boost this airport to accommodate larger aircraft and handle up to 10 million passengers per year. The statement was made during a meeting between the State Secretariat of Civil Aviation between the Cambodia Airports representatives on 25 February....
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PM Hun Sen inaugurates NR58 connecting Banteay Meanchey to Oddar Meanchey
- 26 February 2020
Cambodian Prime Minister Samdech Hun Sen and the Chinese Ambassador to Cambodia Wang Wentian on 26 February together presided over the inauguration ceremony for the official opening of the National Road No. 58 connecting Banteay Meanchey to Oddar Meanchey. National Road No. 58 is 174km long connecting Samrong city in Oddar Meanchey to the National Road 5 in Poipet city in Banteay Meanchey provi...
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CDC approves three major development projects worth over US$600 million
- 25 February 2020
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently given permits to three firms to invest a total of US$662 million in establishing a hospital, a shopping mall, and a multipurpose resort in Phnom Penh and Siem Reap. The first project is an investment of approximately US$478 million by Royal Cambodian Hospital Co Ltd in constructing and operating a ...
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PM Hun Sen vows to speed up oil production by 2020
- 25 February 2020
Prime Minister Samdech Hun Sen has pledged to accelerate the first oil production in Cambodia from the Apsara oil field by 2020 but has yet to provide a specific date. Samdech Hun Sen made the statement during a press conference regarding the latest updates in Cambodia on 24 February. "I have not yet announced the specific time for extracting the first drop of oil, but we have to speed up th...
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Government to expand NR1 from Phnom Penh to Neak Loeung
- 24 February 2020
Some sections of National Road 1 from Phnom Penh to Neak Loeung will be expanded to reduce traffic congestion and accidents, according to the Minister of Public Works and Transport H.E Sun Chanthol. During the press conference on "Progress and Continuing Direction of Ministry of Public Works and Transport on 21 February, H.E. Chanthol stated that National Road 1 is divided into two sections, wi...
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Construction of Stueng Trang-Krouch Chmar Bridge finished by December
- 24 February 2020
The Cambodia-China Friendship Bridge (CRC) is 84% complete, according to HE Sun Chanthol, Minister of Public Works and Transport at a press conference on "Progress and Continuing Direction of Ministry of Public Works and Transport organised by the government spokesperson's office at the Council of Ministers on 21 February 2020. Linking Stung Trang (Kampong Cham) to Krouch Chhmar (Tbong Khmum), ...
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Stamp duty tax exempted for property worth under US$70,000
- 24 February 2020
Stamp duty tax for property worth less than US$70,000 will be exempted for a year, starting from February 2020 to January 2021, according to Prime Minister Samdech Hun Sen. The exemption will be applied for those property developers who registered at the Ministry of Economy and Finance and the Department of Economy and Finance while the purpose of doing so is to reduce the housing price as low ...
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Government to construct three more national roads next year
- 24 February 2020
The government plans to build three national roads next year including N.R. 41 connecting from N.R. 4 to N.R. 3, N.R. 31 connecting from Bek Kous to Kampong Trach, and N.R. 33 connecting from Kampot to Kep. The Public Works and Transport Minister H.E. Sun Chanthol announced this master plan during the press conference on the progress and future direction of the Ministry of Public Works and Tran...
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Government receives US$20 million loan from China to expand Phnom Penh port
- 22 February 2020
The government has received a US$20 million loan from China to expand the Phnom Penh port, according to Minister of Public Works and Transport H.E. Sun Chanthol. H.E. Sun Chanthol made the announcement during a press conference on the progress and future direction of the Ministry of Public Works and Transport at the Council of Ministers on 21 February. “The project will be divided into four ...
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