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ខ្មែរ Projects Development
MOND Unveils New Building Construction Project in Phnom Penh
- 26 January 2024
The Ministry of National Defence (MOND) officially initiated the groundbreaking ceremony for a visionary project—the construction of a new 9-storey General Command building spanning over 74 hectares in the Boeung Ta Mok (Kob Srov) area, located in Sangkat Kork Rokar, Khan Prek Pnov, Phnom Penh. The auspicious ceremony, presided over by HE General Tea Seiha, Deputy Prime Minister, and Minister of N...
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Blue Circle Eyes Potential 100MW of Wind Power Generation in Cambodia with Plans for Future Expansion
- 20 January 2024
Blue Circle, a global leader in wind power generation, is eyeing significant opportunities for wind energy investment in Cambodia. During a courtesy meeting with Samdech Hun Manet, Prime Minister of Cambodia, in Paris on 15 January, France, Olivier Duguet, President and CEO of Blue Circle, expressed optimism about the country's potential for sustainable wind power initiatives. Mr Duguet, detail...
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Apsara Authority Unveils New Bicycle Bridge for Seamless Touring Enhancing Angkor’s Charm
- 19 January 2024
The Apsara Authority has completed the construction of the Ta Keo Temple Bicycle Road Bridge to elevate the cycling experience for tourists exploring the magnificent Angkor resort. This latest addition aligns with the ongoing efforts since 2020 to establish a dedicated bicycle lane spanning over 23 kilometres including four bridges across the river within the Angkor area, complete with strategical...
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10 new projects worth more than US$ 60M to be established in 4 provinces in Cambodia
- 19 January 2024
Within 15 days, the Council for the Development of Cambodia has recently granted certificates for the registration of 10 pioneering investment projects, collectively valued at over US$60 million. This transformative wave is anticipated to yield 12,695 employment opportunities, underscoring Cambodia's commitment to robust economic growth, according to CDC’s Press release on 17 January 2024. Kamp...
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Mondulkiri Provincial Referral Hospital Unveils US$90k Ophthalmology Building
- 16 January 2024
A significant milestone in healthcare was celebrated with the official inauguration of the ophthalmology building at Mondulkiri Provincial Referral Hospital, valued at nearly US$90,000. The momentous occasion took place during a ceremony presided over by HE Dr Ly Chhuong, Secretary of State of the Ministry of Health, on 15 January 2024. Dr Tuy Sros, the Director of Mondulkiri Provincial Referra...
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VinFast Accelerates Global Expansion with US$2bn Investment Plan in India
- 14 January 2024
In a strategic move to penetrate the dynamic Indian automobile market, Vietnamese electric vehicle manufacturer VinFast Auto Ltd. has inked a landmark agreement with the southern state of Tamil Nadu, outlining a substantial investment of up to US$2 billion. This visionary step places VinFast at the forefront of India's burgeoning electric vehicle landscape, aiming to capture a significant share of...
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Majestic 45-Metre-Tall Buddha Statue Soars as Construction Commences in Kep Province
- 10 January 2024
The construction of the awe-inspiring 45-metre-tall "Buddha of Forgiveness" has commenced in Kep province. The groundbreaking event was presided over by Samdech Men Sam An, Personal Adviser to the King of the Kingdom of Cambodia which was held on 9 January 2024, marked the initiation of this monumental project, situated in Kep village, Sangkat Kep, Kep city. The Buddha statue, set atop a mounta...
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Bay 19 Golf Worth US$41m Elevating Golfing Excellence on Cambodia’s Coastal Horizon
- 9 January 2024
A groundbreaking ceremony marked the commencement of the first international standard Bay 19 Golf Course project, an extraordinary venture with a US$41 million investment, situated on Ream Beach in Sihanoukville as part of the Bay of Lights development project. The launch, held on 29 December 2023, was inaugurated by HE Kouch Chamroeun, Governor of Sihanoukville, Mr. Seng Meng Hong, Secretary of S...
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Cambodia’s Economic Surge: 2023 Witnesses 44% Spike in Approved Investment Projects
- 4 January 2024
The Council for the Development of Cambodia (CDC) gave the green light to 268 investment projects in 2023, marking a substantial 44% increase compared to the previous year. This surge in projects includes 247 new ventures and 21 expansions, reflecting a dynamic and expanding business landscape within the country. The total investment capital for these approved projects stands at an impressive U...
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CDC Invites Chinese Companies to Invest in Designated 1k Hectare of Land Near New Siem Reap Airport
- 2 January 2024
A senior official of the Council for the Development of Cambodia (CDC) is paving the way for Chinese investment giant Yunnan Construction Group to establish a special economic zone near the cutting-edge Siem Reap Angkor International Airport. This strategic initiative, anticipated to unfold in 2024, holds the promise of catalysing investments and fostering cross-border economic cooperation. The...
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