Projects Development
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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China Spends US$10bn to Dig Massive New Canal to Ease Trade Flow with ASEAN
Recognizing that the eastern port where goods pass through the port near Taiwan looks unstable and is under US surveillance, China has invested a staggering US$10.3 billion (equivalent to 72.7 billion yuan) to carve out the sprawling Pinglu Canal. Stretching over 134 kilometers, this monumental waterway links the Xijin Reservoir near Guangxi’s vibrant capital city, […]
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Cambodia Inks Landmark Agreements with Chinese Corporate Giants on Three Transformative Projects
The Cambodian government has forged pivotal agreements with Chinese corporate giants on three transformative development projects. These monumental partnerships, unveiled during the “Third Belt and Road Forum” in Beijing, promise to reshape Cambodia’s technological landscape and boost its economic prowess. Under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia signed a […]
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Gov’t Allocates 1,000 Hectares for Airport City Development Near New Siem Reap Airport
Siem Reap Angkor Airport Investment brings forth exciting prospects for the development of the Siem Reap Angkor International Airport. An impressive 1,000 hectares of prime land have been earmarked for an industrial and economic zone, heralding a new era in airport city growth. The announcement was officially made by HE Vongsey Visoth, Permanent Deputy Prime […]
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Siem Reap’s New Airport Welcomes Inaugural Commercial Flight
In a historic moment for Cambodia, the Siem Reap Angkor International Airport officially embraced its inaugural commercial aircraft on 16 October 2023, marking a transformative leap for the country’s aviation infrastructure. The momentous inauguration ceremony was presided over by HE Vongsey Visoth, Deputy Prime Minister overseeing the Office of the Council of Ministers, Mr Mao […]
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