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ខ្មែរ Projects Development
Tonle Sap Environmental Improvement Project in Pursat Phase 1 Officially Inaugurated
- 3 June 2024
The first phase of the Tonle Sap Environmental Improvement Project, featuring the construction of a sewer system and a wastewater treatment plant in Pursat, has been officially inaugurated. This milestone was marked by an inauguration ceremony led by HE Ros Vanna, Secretary of State of the Ministry of Public Works and Transport, on 2 June 2024. Located in Sangkat Phteah Prey, Pursat city, Pursa...
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Stung Prek Tnaot Rehabilitation Project Nears Completion with 95% Progress
- 27 May 2024
The Stung Prek Tnaot Rehabilitation Project in the lower part from the east of National Road 3 has reached an impressive 95% completion and is on track to be finished by June or July this year. This update was shared on the official Facebook page of the Ministry of Water Resources and Meteorology on 25 May 2024. The Stung Prek Tnaot Irrigation and Flood Protection Project encompasses four major...
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Kampong Speu Province to Welcome Four New Factories with US$25m investment, Creating Over 1,200 Jobs
- 25 May 2024
The Cambodian investment landscape is buzzing with new developments in Kampong Speu province. The Council for the Development of Cambodia (CDC) recently greenlit four investment projects with a combined value of nearly US$25 million. These new factories are expected to generate significant employment opportunities, creating over 1,200 new jobs for the local workforce. The official approval came...
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Thai Transport Minister Unveils Ambitious US$27bn Land Bridge Project to Chinese Investors
- 23 May 2024
Thailand’s Transport Minister, Suriya Jungrungreangkit, recently promoted a US$27 billion land bridge project to Chinese investors in Beijing, aiming to alleviate congestion in the Malacca Strait, the world's busiest sea corridor. The Nation newspaper reports that the proposed plan involves constructing two deepwater ports on either side of the Thai isthmus, connected by a 100km railway and motorw...
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Significant Boost in Phnom Penh’s Telecommunication Infrastructure with 74 New Antenna Towers
- 22 May 2024
To enhance telephone service quality, 74 new antenna towers have been installed, and 157 antenna stations are now operational in Phnom Penh, as announced on 7 May 2024 during a progress review meeting led by HE Chea Vandeth, Minister of Posts and Telecommunications (MOPT). During the meeting, it was detailed that the special task force in Boreys had successfully erected 74 "common antenna tower...
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Chinese Company YIG Eyes SEZ Opportunity Near Siem Reap Angkor International Airport
- 20 May 2024
In a move that could significantly bolster Siem Reap's economic landscape, YIG, a major Chinese investment firm, has expressed interest in developing a special economic zone (SEZ) near the newly constructed Siem Reap Angkor International Airport. This interest was conveyed during a meeting on 17 May 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and a YIG dele...
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Kampot Unveils Plans to Enchant Tourists with Floating Market & Beach Developments
- 18 May 2024
In a bid to solidify Kampot's position as a premier tourist destination, provincial authorities have unveiled a series of captivating projects, including a floating market and pristine beach developments, according to the Ministry of Information on 17 May 2024. These initiatives aim to broaden Kampot's tourism offerings, catering to both domestic and international visitors. Inspired by the well...
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MinebeaMitsumi to Invest Over US$320m in Expanding Operations in Cambodia & Thailand
- 14 May 2024
Japanese electronics supplier MinebeaMitsumi has announced plans to invest 50 billion yen (US$321 million) to build a new factory in Cambodia and expand a solar power plant in Thailand. This report was published by NIKKEI ASIA on 10 May 2024. MinebeaMitsumi will allocate 32 billion yen (over US$205 million) to construct a new factory in Cambodia, scheduled to commence operations early next year...
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Cambodia Attracts US$309m in Investments with 22 New Projects in April
- 11 May 2024
In April 2024, Cambodia witnessed a surge in investment activity as the Council for the Development of Cambodia (CDC) greenlit 21 fresh investment ventures alongside one expansion project, collectively valued at an impressive US$309 million. This influx of investment is poised to generate approximately 23,000 employment opportunities, marking a significant boost to the country's economic landscape...
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Virak Buntham Unveils Ambitious Plan to Transform Koh Sneh Beach into Premier Tourist Destination
- 10 May 2024
Virak Buntham, a prominent player in Cambodia's tourism sector, has announced a significant investment in the development of Koh Sneh Beach, located in Khemarak Phoumin City, Koh Kong province. The company aims to elevate the beach into the premier tourist destination in the province, unveiling plans for extensive resort development and recreational facilities. Neak Oknha Sour Virak, General Di...
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