Projects Development
Cambodia Attracts US$ 54.8M Investment with Establishment of Nine New Factories in Six Provinces
The Council for the Development of Cambodia (CDC) has granted registration certificates to nine prominent companies for the establishment of large-scale factories. With a combined investment of US$ 54.8 million, these ventures are expected to generate approximately 13,849 job opportunities for local residents across six provinces and cities in Cambodia. The CDC’s announcement on 26 […]
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Construction Sector Flourishes with Approved Projects Worth US$1.2 Billion in First Quarter
The construction industry in Cambodia has experienced a remarkable surge, as evidenced by the approval of an impressive 1,023 construction proposals in the first quarter of this year. This figure represents a significant year-on-year increase of 22 percent, highlighting the robust growth and investment in the sector. The Ministry of Land Management, Urban Planning, and […]
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Grand Opening of Koh Kong Tourist Port Ushers in a New Era of Coastal Connectivity for the Province
The much-anticipated inauguration of the splendid Koh Kong Tourist Port, also known as Dang Tong Port, took place on 23rd June 2023, graced by the esteemed presence of HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport, alongside Lok Chumteav Phu Thong Mithona, Governor of Koh Kong Province. This architectural marvel stands […]
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Cambodian Islands Connected: Submarine Transmission Line Sparks New Era of Development and Accessibility
In a significant milestone for island residents and the region’s burgeoning investment landscape, the official launch of a submarine transmission line connecting the islands off the coast of Sihanoukville and Koh Kong provinces has taken place. This transformative project establishes a medium voltage network that seamlessly integrates island communities with the national grid, providing access […]
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CDC Greenlights 27 Non-SEZ Investment Projects, Fueling Economic Growth and Job Creation
In a remarkable display of economic resilience and investment potential, the Council for the Development of Cambodia (CDC) has granted approval for 27 fixed asset projects outside the special economic zones (SEZs) in the first quarter of this year. These projects, with a cumulative investment value of US$193 million, bear testimony to Cambodia’s robust business […]
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Cambodia Welcomes US$33.3m Investment as Government Approves Establishment of Five New Factories Across Five Provinces
The Council for the Development of Cambodia (CDC) has granted registration certificates to five visionary companies. These companies are set to embark on the establishment of five state-of-the-art factories, collectively investing a total of US$33.3 million. This significant announcement was made public through the CDC’s official publication on 19th June 2023, affirming the government’s commitment […]
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Elvin Sou (Cambodia) International Shoe Factory Launches in Kampong Speu to Serve US Market
Elvin Sou (Cambodia) International Standard Shoe Factory (Cambodia) has marked its official opening in Samrong Tong District, Kampong Speu Province. The factory, which boasts a substantial investment of US$6.4 million, was inaugurated in the esteemed presence of HE Dr Ith Sam Heng, Minister of Labor and Vocational Training, on June 19, 2023. As a prominent […]
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PM: Cambodia’s Oil Resources Await Study and Investment
Prime Minister Hun Sen has urged for comprehensive studies to be conducted on Cambodia’s untapped petroleum reserves beneath the Khmer seabed and the Tonle Sap, signaling the country’s readiness for investment in the oil sector. Speaking at the inauguration of the Bakheng Water Treatment Plant Phase I on June 19, Prime Minister Samdech Techo Hun […]
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US$95 million cement plant to be built in Battambang soon
The Board of Investment of Cambodia of the Council for the Development of Cambodia (CDC) has decided to issue a registration certificate to a private company to build a large cement factory under an investment of US$95 million in Battambang province. This is according to the publication of the CDC on June 19, 2023. The […]
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Bakheng Water Treatment Plant with a capacity of 195k cubic meters per day inaugurated
The official inauguration of the Bakheng Water Treatment Plant Phase 1 marks a significant milestone in enhancing the water supply capacity of Phnom Penh and Takhmao city in Kandal province. With a remarkable daily capacity of 195,000 cubic meters, the plant’s opening ceremony was graced by the presence of Samdech Hun Sen, Prime Minister of […]
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