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ខ្មែរ Projects Development
Booming Industrial Landscape: US$59.8M Invested in 10 New Projects across Kampong Speu, Takeo & Phnom Penh
- 30 August 2023
In a resounding stride towards industrial expansion, the Council for the Development of Cambodia (CDC) has endorsed 10 pioneering companies to establish factories, infusing a collective investment of US$59.8 million. This catalytic initiative is poised to breathe life into the economies of Kampong Speu, Takeo, and Phnom Penh, generating growth and employment for the country. The CDC's decision ...
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New Government Allocates US$100M to Boost Agriculture, Focuses on Irrigation Enhancement
- 29 August 2023
In a resolute move to bolster Cambodia's agricultural sector, the newly formed government has earmarked a substantial budget of US$100 million. This strategic allocation, unveiled by PM Hun Manet during a gathering with 18,000 factory workers from 13 establishments in Phnom Penh's Por Sen Chey district on the morning of 29 August 2023, underscores the administration's commitment to fortify farming...
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CDC Approves 12 New Projects Worth US$167.9m to Build 5-Star Hotel & New Factories in Six Provinces
- 28 August 2023
The Board of Investment of Cambodia, operating under the CDC, has given the green light to a number of companies to establish a five-star hotel in the heart of Phnom Penh and to set up a series of expansive factories across the nation, strategic investments totaling US$167.9 million. This surge in investment is poised to not only invigorate Cambodia's economy but also create a staggering 22,788 em...
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Chinese Firm to Build US$258m Cement Plant in Kampong Speu Province
- 28 August 2023
Chinese company CONCH KT CEMENT (PHNOM PENH) COMPANY LIMITED has been granted a registration certificate from the Council for the Development of Cambodia (CDC), underscoring an audacious US$258 million investment in a cement manufacturing facility nestled in the Oral district in Kampong Speu province. The validation was confirmed by an official announcement by CDC on the 25 August 2023. This ne...
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US$3bn Buddhist Peace Culture Centre to be Built in Siem Reap
- 24 August 2023
An awe-inspiring project that embraces serenity, spirituality, and global unity is set to grace the vibrant landscapes of Siem Reap province in December this year. Spanning an expansive 288 hectares with an estimated budget of approximately US$200 million, augmented by ancillary infrastructure investments reaching a sum of US$3 billion, the Buddhist Peace Culture Centre's inception heralds an inve...
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Charting a Transit Revolution: Siem Reap’s Light Rail Dream Gains Feasibility Study Momentum
- 23 August 2023
The grand vision of introducing a modern light rail system to Siem Reap inches closer to reality as the project advances into the crucial phase of data collection and impact assessment. A consultative meeting held on 23 August 2023, between Siem Reap provincial authorities and China Metro, a Chinese infrastructure company, marked another milestone in the journey toward revolutionizing the city's t...
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Save The Lives to Build Sustainable Plastic Cement Brick Factory in Siem Reap
- 23 August 2023
A groundbreaking initiative poised to redefine waste management and environmental sustainability is taking shape in Siem Reap. Save The Lives (Cambodia) Co., Ltd, a trailblazing entity in the realm of social responsibility, is set to establish an innovative urban solid waste recycling plant on over 5 hectares of land. The vision to convert waste into plastic cement bricks is gaining momentum, alig...
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Thai Energy Giant Set to Invest US$100 Million in Cambodian Oil Depot
- 19 August 2023
A well-known Thai gas company SET-Listed PTT Oil and Retail (OR) is poised to infuse approximately US$100 million into the construction of a substantial oil depot in Cambodia. This bold venture, announced by Chairman and CEO Disathat Panyarachun, comes as a testament to OR's commitment to both Cambodia's economic resurgence post-pandemic and its overarching expansion strategy. The genesis of th...
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Samrong Blvd. Sets to Redefine Urban Connectivity Upon Inauguration on 21 August
- 18 August 2023
The eagerly awaited Samrong Boulevard is preparing for an official inauguration. Spanning an impressive 5.2km, this meticulously crafted concrete thoroughfare is destined to become the iconic new face of the northern reaches of the city. With a breadth of 30 meters and flanked by spacious 9-meter lanes on either side, Samrong Boulevard is poised to seamlessly link NR 5 to the Third Ring Road throu...
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US$1m Landfill in Svay Rieng City Handed Over to Svay Rieng Provincial Administration
- 18 August 2023
Marking a profound investment in a cleaner and greener future, a cutting-edge solid waste landfill, valued at over US$1 million and spanning an expansive 4 hectares, has been entrusted to the stewardship of Svay Rieng Provincial Administration. The new facility was officially opened and handed over by HE Sao Sopheap, Secretary of State of the Ministry of Environment, on 17 August 2023. HE Seng ...
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