Projects Development
Prey Veng Province’s Investment in Real Estate and Services Nears US$ 200M Over 5 Years
Prey Veng Province has invested almost 200 million dollars in real estate and other services from 2018 to 2022, according to HE Chea Somethy, Governor of Prey Veng Province, in a statement on March 22, 2023. The governor emphasized that the province had attracted national and international investors in the past five years, significantly increasing […]
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Bokor National Park Now Connected to NR No. 4
A new road connecting Monivong Bokor National Park to NR No. 4 is now only 9 kilometers away from completion. As of March 18, 2023, the 61-kilometer road has been cleared for 52 kilometers, according to an inspection by Oknha Sok Kong. The road connecting Bokor Mountain to NR at km 158 + 200, which […]
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International aviation flight center officially launches in Cambodia
Lanmei University of Cambodia has recently launched an international aviation flight simulator center, equipped with a $10 million Airbus A320 full flight simulator (FFS) for training. The center, located near the Phnom Penh International Airport, aims to build human resources in the aviation industry in Cambodia. The launching ceremony on March 21 was attended by […]
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KOJIMA HOLDINGS Plans to Build Cassava-Based-Bio Ethanol Plant in Cambodia
KOJIMA HOLDINGS Co., Ltd, a Japanese-based company, has expressed interest in investing in the production of ethanol made from cassava using modern technology and equipment in Cambodia. This move is aimed at reducing carbon dioxide emissions in the country. The company has submitted a proposal for the “Cassava Based-Bio Ethanol Production Plant in Cambodia” to […]
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CDC Approves US$18.2m Investment in Cambodia’s Manufacturing Sector
The Council for the Development of Cambodia (CDC) has recently given the go-ahead for four new investment projects in the country’s manufacturing industry, with a total worth of US$18.2 million. These ventures are set to create thousands of job opportunities across Kandal, Svay Rieng, and Phnom Penh. According to the CDC, the first company to […]
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Chinese Experts Conduct Feasibility Study for High-Speed Rail Project in Cambodia
Chinese infrastructure firm, CHINA METRO GROUP, has sent representatives to Cambodia to study the country’s transportation infrastructure development plans, particularly in the city. The visit followed a request made by Samdech Hun Sen Prime Minister of Cambodia to study the feasibility of two high-speed light rail projects in Phnom Penh and one in Siem Reap […]
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Khmer-Thai Stueng Bat International Border Checkpoint Nears Completion Despite Delays
The construction of the Stueng Bat-Ban Nong Ean border checkpoint, a joint project between the governments of Cambodia and Thailand, is nearing completion, according to a recent site inspection by His Excellency Minister Sun Chanthol, Minister of Public Works and Transport. As of March 20, 2023, the project was reported to be 82% complete, with […]
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Battambang Province Unveils US$ 6M Landfill to Boost Sanitation Development
Battambang has officially inaugurated a US$ 6,283.747 million landfill project in a bid to improve the sanitation development of the area. The handover ceremony took place on 20 March, 2023, as the project was completed after 12 months of construction. The landfill, located in Poi Svay village, Ta Kream commune, Banan district, Battambang province, covers […]
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General Tire Technology (Cambodia) Co., Ltd. Unveils US$ 300 Million Tire Factory in Sihanoukville
General Thai Technology (Cambodia) Co., Ltd. has officially launched its US$ 300 million tire factory in the Sihanoukville Special Economic Zone. The factory, covering 180,000 square meters, will have a production capacity of 5 million small tires and 900,000 truck tires per year. The company aims to export the majority of its production to the […]
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US-Based Corp VISA to Bolster E-Commerce and Digital Payments in Cambodia with Increased Investment
US-based corporation VISA has revealed plans to expand its investment and cooperation with Cambodia’s Ministry of Commerce to promote e-commerce and digital payments in the country. During a formal meeting with Minister of Commerce HE Sorasak Pan on 16 March, Chris Clark, executive vice president and regional president for Asia Pacific, announced the company’s intention […]
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