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ខ្មែរ Projects Development
Groundbreaking Ceremony Marks Commencement of US$138 Million Tire Factory Construction in Kratie
- 9 May 2023
In a momentous occasion for the industrial landscape of Kratie province, the construction of NEWBUSTAR (Cambodia) Tire Co., Ltd's state-of-the-art car tire factory, with a staggering investment of US$138 million, officially commenced on 9th May 2023. The auspicious groundbreaking ceremony, graced by the presence of HE Wat Thorn, the esteemed Governor of Kratie Province, and Mr. Chhay Yon Son, P...
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Dyson Unveils Ambitious US$3.4 Billion Project with Launch of Cutting-Edge Battery Plant in Singapore
- 9 May 2023
In a groundbreaking move to enhance its engineering and manufacturing capabilities, renowned British technology firm Dyson has announced the opening of a state-of-the-art proprietary battery plant in Singapore. The news, as reported by CNA on 3rd May 2023, highlights Dyson's commitment to innovation and solidifies its position as a global leader in the industry. The upcoming battery plant, stra...
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Bak Kheng Water Treatment Plant Nears Completion: Phase I Accomplished, Phase II Progresses
- 9 May 2023
Significant strides have been made in the construction of the Bak Kheng Water Treatment Plant, with Phase I reaching an impressive completion rate of 100%, while Phase II stands at an impressive 70% progress. The esteemed Phnom Penh Water Supply Authority has announced the successful conclusion of Phase I construction for the Bak Kheng Water Treatment Plant. With a remarkable daily production c...
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Darasakor International Port, inaugurate in this year, Set to Transform Koh Kong’s Maritime Landscape
- 9 May 2023
Amidst great anticipation, the inauguration of an internationally acclaimed seaport in Koh Kong province is fast approaching, with plans to commence operations in the middle of this year. The private-owned port, built to impeccable global standards, is set to revolutionize maritime activities in the region, bolstering trade and commerce. Led by Deputy Governor of Koh Kong Province, I Narynet, a...
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Quanta, Apple’s Manufacturing Partner, Invests $120 Million in State-of-the-Art Plant in Vietnam
- 8 May 2023
Renowned Taiwanese contract manufacturer, Quanta, responsible for producing MacBooks for tech giant Apple, has recently entered into an agreement with Vietnamese authorities to construct a remarkable factory worth $120 million. The primary purpose of this state-of-the-art facility will be to supply crucial components to Apple's diverse product lineup. Situated within the expansive 22.5-hectare ...
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Gov’t Greenlights Two Thriving Investment Projects Worth US$10.14 M, Boosting Economic Growth
- 8 May 2023
The Investment Committee of Cambodia, under the esteemed Council for the Development of Cambodia (CDC), has unveiled its endorsement of two promising investment ventures, totaling an impressive sum of over US$10.14 million. These ventures will usher in the establishment of factories in the vibrant provinces of Kampong Speu and Phnom Penh, as officially announced by the CDC on May 5, 2023. The f...
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China Secures Global Dominance with Unmatched Number of Nuclear Power Units Under Construction
- 6 May 2023
China's unwavering commitment to nuclear power has propelled it to the forefront of global energy leadership, as confirmed by the latest blue book issued by the China Nuclear Energy Association (CNEA) on Wednesday. The report reveals that China currently leads the world with an impressive 24 nuclear power units under construction, boasting a staggering total installed capacity of 26.81 million ...
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Chinese Firm Granted Approval to Build State-of-the-Art Multi-Purpose Port in Kampot Province
- 5 May 2023
Kampot province is set to witness the development of a cutting-edge multi-purpose port as China Harbour Engineering Company Ltd (CHEC), a renowned Chinese firm, has been granted permission to construct the Kampot multi-purpose port. Following a year of meticulous soil analysis and infrastructure preparation, the signing ceremony of the construction contract took place on May 5 under the auspices o...
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Australia Collaborates with Cambodia to Establish Groundbreaking Agri-Food Industrial Park for Enhanced Competitiveness
- 5 May 2023
In a groundbreaking partnership, Australia is teaming up with Cambodia to establish the country's first Agri-Food Industrial Park (AIP) with the aim of enhancing market competitiveness. The Australian Embassy officially announced this significant collaboration on 3 May 2023 through their official Facebook page. The Agri-Food Industrial Park will serve as a hub for Agri-Food processing, research...
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US$165M Hong Kong -Phnom Penh Submarine Cable to Complete in 2024
- 4 May 2023
The Hong Kong-Phnom Penh submarine fiber-optic cable project, valued at over US$165 million and spanning 2,715 kilometers, is set to be completed in 2024, addressing Cambodia's increasing demand for reliable internet access. This significant development was announced by Minister of Post and Telecommunications, Chea Vandeth, during the signing ceremony of the Memorandum of Understanding for Coopera...
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