Projects Development
WANLI Tire Breaks Ground on New Factory in Svay Rieng, Promising Jobs and Economic Growth
In a move poised to boost Cambodia’s economy significantly, WANLI Tire has officially begun construction on a state-of-the-art tire manufacturing facility in the Sin Bavet Special Economic Zone. The groundbreaking ceremony was led by HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, marking a pivotal […]
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Techo International Airport Crowned as World’s Leading Architectural Marvel for 2025
In a remarkable accolade for Cambodia, Techo International Airport has been named one of the 11 most spectacular architectural creations in the world by CNN, marking a significant achievement for the nation as it forges ahead into the future of aviation. This prestigious recognition was announced on 1 January 2025, positioning the airport at the […]
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Peninsula Bay Investment Announces Ambitious USD 1 Billion Expansion in Sihanoukville
In a bold move to transform Sihanoukville’s landscape, Peninsula Bay Investment Co., Ltd has unveiled plans to invest an additional USD 1 billion to develop new hotels, shopping malls, and entertainment venues. This announcement was made during a recent project update, revealing the company’s commitment to enhancing the vibrant coastal province of Preah Sihanouk. Project […]
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Cambodia Sees Record-Breaking USD 6.9 Billion Investment in 2024
Cambodia has achieved a remarkable milestone in 2024, with the Council for the Development of Cambodia (CDC) approving 414 investment projects worth a total of USD 6.9 billion. This marks a 54% increase in the number of projects compared to 268 in 2023 and a 40% rise in investment capital from USD 4.927 billion in […]
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SHV Multi-Purpose Economic Zone Targets USD 20 Billion Investment to Transform the Province
Sihanoukville’s ambitious multi-purpose economic zone development project is set to attract over USD 20 billion in investments from private sector investors and international development partners over the next 15 years. This transformative initiative, championed by the Cambodian government, aims to revitalize the province’s economy, elevate local incomes, and establish Sihanoukville as a leading logistics hub […]
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Darasakor International Airport Opens, Ushering in a New Era for Koh Kong Province
Koh Kong Province celebrated a landmark achievement with the inauguration of a USD 200 million Darasakor International Airport on 26 December 202. This state-of-the-art facility, invested by the Chinese company Union Development Group, spanning 218 hectares in the Botum Sakor district, is poised to transform the region’s connectivity and catalyze economic and tourism growth. The […]
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Nearly 19 Hectares of Landfill Inaugurated in Kampong Cham City
A state-of-the-art landfill spanning 18.67 hectares in Koh Roka village, Koh Roka commune, Kampong Siem district, Kampong Cham province, was officially inaugurated on 24 December 2024. This modern garbage disposal site, constructed as part of the Greater Mekong Subregion Corridor Development Project, Phase 4, was funded by a concessional loan from the Asian Development Bank […]
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ADB Commits USD 403 Million to Catalyse Cambodia’s Development Across Six Strategic Sectors
The Asian Development Bank (ADB) has approved USD 403 million in loans and grants to support six transformative development projects in Cambodia, focusing on education, gender equality, business, water management, and rural development. This commitment, announced by ADB Country Director Ms. Jyotsana Varma during a signing ceremony on 17 December 2024, aligns with the ADB’s […]
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61-Kilometre Road Connecting NR No. 4 to Bokor Mountain Completed with 7 km of Concrete Poured
The construction of a new 61-kilometer road linking NR No. 4 to Bokor Mountain has reached a significant milestone, with 7 kilometers of concrete pouring completed as of 19 December 2024. This update was shared by Sokha Real Estate on their official Facebook page that same afternoon, marking steady progress in this transformative infrastructure project. […]
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Shangri-La Phnom Penh Sets a New Benchmark in Luxury with USD 580 Million Investment
A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its USD 580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivaled comfort and sophistication. The hotel held its temporary inauguration on 15 […]
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