Projects Development
Gov’t Greenlights Four New Factories with US$13m Investment, Paving the Way for 782 New Jobs in Svay Rieng & SHV
The Council for the Development of Cambodia (CDC) has given its stamp of approval for four new dynamic companies to establish factories, with a total investment of US$13 million. This bold move is set to open the gateway to economic prosperity in Svay Rieng and Sihanoukville provinces. The CDC made this announcement on 27 October […]
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Majestic Roundabout and King Kan Statue Near Completion in Tbong Khmum at 90% Progress Mark
An architectural marvel is nearing completion in Tbong Khmum, as the roundabout and the awe-inspiring 13.35-meter-high copper statue of King Kan near the 90% milestone. This significant achievement was confirmed by the Tbong Khmum Provincial Administration on the 23rd of October, 2023. Situated at the juncture of National Road No. 7, precisely at km 157+210, […]
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US$380k Cutting-Edge Storage Facility Officially Unveiled at Phnom Penh Autonomous Port
An impressive addition to Cambodia’s logistical infrastructure is now officially in operation as the Phnom Penh Autonomous Port (PPAP) unveiled its brand-new temporary customs warehouse. Valued at US$380,000, this state-of-the-art facility boasts a substantial storage capacity, capable of accommodating approximately 8,640 tons of cargo. The inauguration of this cutting-edge warehouse was a momentous occasion, opened […]
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Giant Chinese Tyre Producer Conducting Feasibility Study to Set Up a Car Tyre Factory in Cambodia
Cambodia is gearing up for a promising partnership as one of China’s tire manufacturing giants, Wanli Tires, explores the prospect of establishing a tire factory within the kingdom. The stage was set for this transformative opportunity during a high-profile meeting between Cambodia’s Deputy Prime Minister and First Vice President of the Council for the Development […]
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BYD to Construct Two Electric Vehicle Service Centres to Revolutionise Cambodia’s Automotive Landscape
BYD, a renowned automotive company is making substantial strides in Cambodia, with the construction of two service centers underway, firmly establishing the brand’s foothold in the nation. This promising endeavor was discussed during a significant meeting between Cambodia’s Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, HE Sun […]
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Cambodia Greenlights Over US$4bn in New Projects, Shows Remarkable 186% Surge in Eight Months
Cambodia is experiencing a remarkable surge in construction activities, as the Ministry of Land Management, Urban Planning, and Construction recently unveiled an astounding approval of more than US$4 billion for over 2,367 new construction projects. This phenomenal achievement represents an impressive 186% increase compared to the corresponding period in 2022, underlining the nation’s resolute commitment […]
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Transforming Koh Tonsay: Tourism Port Reaches the Halfway Mark on the Road to Progress
The enchanting allure of Koh Tonsay Island, nestled more than 4 kilometers off the shores of Kep province, is on the brink of transformation. The construction of the much-anticipated tourist port on this pristine island has reached a significant milestone, with completion now standing at an impressive 50%, marking remarkable progress since the project commenced […]
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Chinese Bicycle Company Commits to Expanding Cambodian Factory to Match Shenzhen Headquarters in China
SHENZHEN XIDESHENG Bicycle Co., Ltd. (XDS), a leading Chinese bicycle manufacturer, has revealed ambitious plans to expand its Bavet-based factory, matching the scale of its headquarters in Shenzhen. This exciting news emerged during a pivotal discussion between Cambodia’s Deputy Prime Minister and first Vice President of the Council for the Development of Cambodia, HE Sun […]
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Four New Factories Worth Nearly US$26m Set to Catalyse Growth in Kampong Speu & Takeo Provinces
The Council for the Development of Cambodia (CDC), has given the green light to four forward-thinking companies, marking a significant infusion of nearly US$26 million in investments. These strategic initiatives are poised to create 5,613 job opportunities, benefiting residents in Kandal, Kampong Speu, and the capital city of Phnom Penh. The CDC announcement, made on […]
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Chinese firm Commits $3 Billion Investment in Cambodia’s Energy Development
In a remarkable leap towards Cambodia’s energy sector development, China Machinery Engineering Corporation (CMEC) has unveiled a groundbreaking plan to co-invest approximately $3 billion in Cambodia’s burgeoning gas energy industry. This momentous decision was announced following a high-level meeting between His Excellency Hun Manet, Cambodia’s Prime Minister, and Mr. Wang Bo, Chairman of the Board […]
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