Projects Development
CDC Approves Nearly US$300M in Investment Projects in Q1 2023
The Council for the Development of Cambodia (CDC) has announced the approval of 39 new investment projects and investment expansion projects in the first quarter of 2023, with a total investment capital of approximately US$294 million. According to the report, these projects are expected to create around 47,000 job opportunities for local people. The majority […]
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JKD Packaging Co. LTD Receives Approval for $5.3 Million Manufacturing Investment in Cambodia
The manufacturing sector in Cambodia is set to receive a boost with the recent approval of a new investment project by the Council for the Development of Cambodia (CDC). JKD PACKAGING CO., LTD has been given the green light to establish a factory for the production of cardboard boxes and packaging materials, located on Lum […]
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Japan grant US$18M to Cambodia to develop water supply system in southwest of Phnom Penh
Cambodia has received a loan of 2,482 million yen (approximately US$ 18.24 million) from Japan for the implementation of the second phase of the project to improve and rehabilitate Phnom Penh’s southwestern irrigation and drainage system. The loan agreement was signed between His Excellency Prak Sokhon, Deputy Prime Minister, Minister of Foreign Affairs and International […]
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Chinese Mining Company to Launch Gold Production in Mondulkiri Province
Rong Cheng Industrial Investment Co., Ltd., a Chinese-based company, is set to commence gold exploration and refining in Mondulkiri province after completing its production infrastructure. According to HE Sorn Sarun, Deputy Governor of Mondulkiri Province, the company has been granted a legal license to explore gold ore in the province, and has already conducted test […]
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AEON 3 Mall worth US$290 million officially opened
AEON (Cambodia) Co., Ltd. has opened its third shopping mall, AEON Mall Meanchey, located on Samdech Techo Blvd. in Phnom Penh. The grand opening ceremony was held on 7 April 2023, with HE Dr HUN Manet in attendance. After four months of trial operation, the mall is officially open to the public. The AEON 3 […]
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Prince Group Announces Plans for 88-Meter-High Buddha Statue in SHV
Canopy Sands Development Co Ltd, a subsidiary of Prince Holding Group, has announced plans to build an 88-meter-high Buddha statue in Ream Commune, Preah Sihanouk Province. The statue, which will be the third project of its kind, is part of the company’s ongoing efforts to promote Khmer culture and architecture in Cambodia. This 88-meter-long Buddha […]
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Rattanakiri Province Attracts 27 Private Companies for ELC Investment, 85% Vietnamese based
Rattanakiri province, with its favourable geographical and climatic conditions, has attracted a total of 27 private investment companies in the past five years to invest in economic land concessions (ELC), covering over 110,000 hectares. Over 85% of these companies are Vietnamese-based, according to Rattanakiri Provincial Governor HE Nhem Samoeun. Director of the Provincial Department of […]
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Cambodia Produces 6 Tons of Gold from Mondulkiri So Far
Cambodia’s first commercial gold miner, Renaissance Minerals (Cambodia) Ltd, has so far refined a total of 6,000 kg of gold ore in the Okvau area of Mondulkiri province’s Keo Seima district, according to HE Sorn Sarun, Deputy Governor of Mondulkiri Province. In a press conference on “Success in the past 5 years” of Mondulkiri Provincial […]
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The Gov’t plans to build a large water treatment plant to supply three provinces in eastern Cambodia
China Civil Engineering Corporation (CHINA CIVIL ENGINEERING CONSTRUCTION CORPORATION) is currently studying the feasibility of building a large water treatment system to supply three major provinces in eastern Cambodia and will be completed by the end of May, according to the meeting between His Excellency Senior Minister Cham Prasidh and the delegation of CCECC on […]
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Cambodia, Laos jointly studies two priority locations to open a new border crossing
Cambodia and Laos have announced plans to open a new border crossing that will connect Phu Vong district in Attapeu province of Laos to Vern Sai district of Ratanakkiri province in Cambodia. The two countries are currently studying two possible locations for the crossing, according to HE Nhem Sam Oeun, Governor of Ratanakkiri Province 4 […]
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