Projects Development
Japan Grants Cambodia Over US$1 Billion to Construct Techo Santepheap Museum in Siem Reap
The Cambodian government is set to construct the illustrious Techo Peace Museum in Siem Reap, with the generous backing of the Japanese government contributing over US$1 billion. This extraordinary initiative seeks to illuminate Cambodia’s rich history, its struggles with war, and the precious gift of peace. The Director General of the Cambodian Mine Action Center, […]
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Gov’t Greenlights 7 New Factories Worth US$40.8 Million in Kandal, Kampong Speu & Phnom Penh
In a resounding endorsement of Cambodia’s economic prospects, the Council for the Development of Cambodia (CDC), has recently given its approval to seven companies to establish cutting-edge factories with an impressive combined investment of US$40.8 million. These strategic endeavors are set to create over 11,000 job opportunities for residents in Kandal, Kampong Speu, and Phnom […]
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Three Provinces Celebrate Pchum Ben with Big Investment Gifts
The Council for the Development of Cambodia (CDC) has given the green light to three prominent companies to establish manufacturing plants with a total investment of US$12.8 million. This strategic move is expected to generate over 2,200 jobs, benefiting local communities in Svay Rieng, Banteay Meanchey, and Sihanoukville provinces. The trio of enterprises slated to […]
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ThaiBev to Establish a US$108 Million Beverage Powerhouse in Cambodia
Thai Beverage (ThaiBev), a prominent ASEAN food and beverage conglomerate listed in Singapore, is poised to make a significant mark in Cambodia with a staggering investment of 4 billion baht (equivalent to US$108 million). Their grand plan includes the construction of a state-of-the-art beverage and beer factory, as reported by the Bangkok Post on 4 […]
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Siem Reap Angkor International Airport Triumphs in Non-Commercial Flight Test, Gearing Up for Commercial Operations
Siem Reap Angkor International Airport has successfully concluded a comprehensive airport flight demonstration, clearing the way for the launch of commercial aircraft operations set for mid-October. On 5 October 2023, the airport marked this achievement with the participation of three prominent airlines: Sky Angkor Airlines from Phnom Penh International Airport, Cambodia Airways departing from Sihanoukville […]
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CDC Approves 74 Projects Worth Over US$760 Million in Q2
Cambodia’s investment climate continues to improve as the Council for the Development of Cambodia (CDC) has given the green light to 74 new investment projects in the second quarter of 2023. This surge represents a remarkable 45% increase compared to the same period last year. According to a recent report from the Ministry of Economy […]
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Cambodia Welcomes US$11.3m Investment for Two New Factories in Kampong Speu & Svay Rieng
The Council for the Development of Cambodia (CDC) has given the green light to two companies set to invest a total of US$11.3 million in establishing two factories. These ventures are expected to generate a total of 1,289 job opportunities, benefitting residents of Svay Rieng and Sihanoukville. The CDC announcement on 28 September 2023, highlighted […]
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New Port Facility in Koh Kong Province Inaugurated & Initially Tested
In a significant stride toward bolstering both tourism and international trade, the inauguration of the Koh Kong Port in Koh Kong province marked a pivotal moment in Cambodia’s coastal development. This grand ceremony, presided over by Mrs. I Neari Net, Deputy Governor of Koh Kong Province, on 25 September 2023, signified the opening of new […]
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Japan Commits US$430 Million to Transform Sihanoukville Port into ASEAN’s Largest by 2028
The Japanese government has pledged a substantial investment of US$430 million for the expansion and enhancement of Sihanoukville port. This transformative endeavour, set to be realised by 2028, aspires to position Sihanoukville as “the largest port in ASEAN.” This announcement was made by HE Ueno Atsushi, the new Ambassador of Japan to the Kingdom of […]
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Cambodia’s Gold Refineries Shine: 8 tons of Gold Ore Processed, Generating US$13 Million in Royalties
In a glittering testament to Cambodia’s burgeoning gold industry, six prominent companies engaged in gold refinery production have collectively processed a remarkable 8,334 kilograms of gold ore as of 25 September 2023. According to a report released by the Ministry of Mines and Energy, the grand total equates to an impressive 922 gold bars, reflecting […]
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