Projects Development
Sihanoukville Ready for US$40 Million Steel Plant Investment
In a significant move that promises to reshape Sihanoukville’s economic trajectory, the Council for the Development of Cambodia (CDC), has granted an investment project registration certificate to “HUALE STEEL (CAMBODIA) CO., LTD.” The company is embarking on a transformative journey to establish a versatile steel plant within the Sihanoukville Port Special Economic Zone, according to […]
Read More
Chinese Firm Eyes Over 300 Hectares for Chemical Fertiliser & Pesticide Production in Cambodia
A prominent Chinese investment company based in Anhui province is seeking to acquire more than 300 hectares of land to establish chemical fertiliser and pesticide production facilities. This initiative follows a productive meeting held on 19 September 2023, between HE Chea Vuthy, Secretary General of the Cambodian Investment Commission, and a delegation from the Chinese […]
Read More
Grants Concessional Loan to Build Tonle Bassac Bridge Connecting Chak Angre Krom & Prek Pra
Cambodia and China have come together to sign a concessional loan agreement for the construction of the grand Tonle Bassac Bridge, creating a vital link between Chak Angre Krom and Prek Pra. This momentous agreement was officially announced through a press release from the Royal Government’s spokesperson on 17 September 2023. The signing ceremony took […]
Read More
Stueng Bot-Ban Nong Ean International Border Checkpoint Nears Completion at 91.26%
The Khmer-Thailand International Border Gate project, commonly known as the Stueng Bot-Ban Nong Ean International Border Checkpoint, has reached an impressive 91.26% completion as of 14 September 2023. This significant progress was inspected by the Minister of Public Works and Transport HE Peng Po on 13 September 2023. The governments of Cambodia and Thailand have […]
Read More
Vietur Consortium Wins Bid to Construct US$1.5 Billion Long Thanh International Airport Terminal
The Airports Corporation of Vietnam (ACV) has awarded the construction of the US$1.5 billion terminal at Long Thanh International Airport, located near Ho Chi Minh City, to the Vietur Consortium. This consortium, led by the seasoned Turkish contractor IC Içtas, boasts the participation of nine Vietnamese companies alongside IC Içtas itself. Notably, this selection follows […]
Read More
Koh Kong to Welcome Zhejiang SEZ’s Ambitious Expansion: 1,000Ha to Boost Foreign Investments
Koh Kong province in Cambodia is gearing up to expand foreign direct investment with the expansion of the Zhejiang Special Economic Zones (SEZs) into a strategic new location in Koh Kong province, encompassing a sprawling 1,000 hectares of prime land. This promising development took centre stage during the recent visit of HE Sun Chanthol, Deputy […]
Read More
US$16m Sewerage & Wastewater Treatment Plant Inaugurated in Stoeung Sen
Stoeng Sen City in Kampong Thom province has celebrated the official inauguration of the Stoeng Sen Sewerage & Wastewater Treatment Plant Project, a remarkable initiative valued at over US$16 million. The facility was inaugurated by HE Peng Po, Minister of Public Works and Transport, on 15 September 2023, signifying a significant stride towards modernising and […]
Read More
Cambodia’s Investment Landscape Grows: Six Projects Worth US$34.6 Million Approved
The Council for the Development of Cambodia (CDC) has given the green light to six ambitious projects. These projects, with a combined investment of US$34.6 million, are set to not only contribute significantly to the country’s economic growth but also generate 7,584 employment opportunities in Kampong Speu, Takeo, and Phnom Penh. The CDC announcement on […]
Read More
Chinese Giant DANONG Partners with Four Firms to Cultivate Cambodia’s Agricultural Potential
DANONG Agricultural Development Group, a major Chinese company, has inked agreements with four strategic partners for substantial agricultural investments in Cambodia. The signing ceremony took place on 12 September 12023. The esteemed collaborators joining forces with DANONG are the Cambodia Agriculture Cooperative Alliance (CACA), Agri Bank Construction Land, Panagri International Farm Co., Ltd., and Century […]
Read More
Japan’s Strategic Investment Plans: Advancing Cambodia Through High-Tech Raw Materials Processing
Japanese investors have expressed keen interest in bolstering small and medium enterprises (SMEs). Their vision includes harnessing cutting-edge Japanese technology to process Cambodian raw materials into high-quality finished products, primed for export. This initiative holds the potential to not only boost the Cambodian economy but also impart crucial skills to its workforce. The announcement came […]
Read More