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ខ្មែរ Projects Development
Royal Railway and Three Companies Sign MOU to Develop Land Along Railway Line
- 3 May 2023
Royal Railway Cambodia PLC, a subsidiary of Royal Group, has signed a Memorandum of Understanding (MOU) on April 28 with Samaiden Energy (Cambodia) Co., Ltd., Management Venture Asia (Cambodia) Ltd., and Panna Energy Sdn. Bhd. to conduct a feasibility study on the potential for renewable energy and other sustainable economic activities along the unused land along the railway line from Poipet to Si...
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GOV’t Plans to Develop Seabed War Museum on Takeav Island
- 3 May 2023
Sihanoukville provincial authorities are planning to establish a Seabed War Museum on the Takeav archipelago near Ream, according to HE Long Dimanche, Deputy Governor of Sihanoukville. The proposed Submarine War museum will showcase the remnants of World War II that have plunged into the seabed and will be a significant attraction for both national and international tourists. The provincial adm...
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Single Portal for Business Registration Attracts Nearly US$2 Billion in Construction and Real Estate Investments
- 3 May 2023
The govt's efforts to streamline business registration processes and improve the country's investment climate have paid off. The Online Business Registration platform, a single portal for registering new businesses, has received a total of 24,466 applications as of April this year, with a combined investment value of US$7.42 billion. The construction sector accounted for the largest share of in...
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Cambodia launches US$53m power expansion projects with concessional loans from Japan
- 2 May 2023
Cambodia has officially launched two major power expansion projects worth over US$53 million under the framework of concessional loans and grants of the Royal Government of Japan. These projects aim to strengthen the power supply capacity in Phnom Penh and the southern economic corridor of Cambodia. The inauguration ceremony was presided over by HE Suy Sem, Minister of Mines and Energy, and HE UEN...
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Svay Rieng Province Flourishes with 12 Special Economic Zones and 264 Factories
- 1 May 2023
Svay Rieng Provinc has emerged as a thriving business hub with the establishment of 12 special economic zones since 2005. According to HE Men Vibol, Governor of Svay Rieng Province, nine locations are currently operational, hosting a total of 264 factories, enterprises, and establishments, providing employment to over 94,000 workers. Of these, 146 factories are operating within the SEZ, providi...
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Korean Auto Parts Manufacturer YURA Harness Plans to Establish a Research and Development Center in Cambodia
- 29 April 2023
Korean auto parts manufacturer YURA Harness (Cambodia) Co., Ltd. is set to establish a research and development center in Cambodia, following the successful inauguration of its wiring assembly plant in Kampong Speu province. This development was announced during a meeting between the delegation of YURA Harness (Cambodia) Co., Ltd. and the Minister of Industry, Science, Technology and Innovation...
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PP-SR Expressway Runs Through 5 Cities-Provinces while the feasibility study will end in May
- 28 April 2023
The Cambodian government is moving forward with the Phnom Penh-Siem Reap Expressway project, which will connect the two cities by crossing five provinces, according to a feasibility study set to be completed by the end of May. Senior Minister of Public Works and Transport, HE Sun Chanthol, recently confirmed the progress of the project, stating that a meeting was held on April 25, 2023, to disc...
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Gov’t Approves 7 Investment Projects Worth Over US$ 60M in Kampong Speu, Kandal and Phnom Penh
- 28 April 2023
The Investment Committee of Cambodia of the Council for the Development of Cambodia (CDC) has announced its approval of seven investment projects worth over US$60 million. The projects will establish factories in Kampong Speu, Kandal, and Phnom Penh, and are expected to create 11,867 new job opportunities for Cambodian people. Among the approved companies is “CAMBODIAN GOLDEN FRUIT TRADING CO.,...
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Chinese Investors Eyeing Cambodian Agriculture, Plans $400 Million Investment on 300K hectares
- 28 April 2023
Chinese investors are looking to invest $400 million in Cambodia's agricultural sector, requiring 300,000 hectares of land, according to a recent meeting between a Chinese investment delegation and the governor of Kampong Thom province on 27 April 2023. HE Duong Dara, Samdech Hun Sen's personal assistant and Secretary of State of the Council of Ministers, expressed interest in Kampong Thom as a...
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FACT to Develop Two Projects as Community Tourism Destination around Tonle Sap Lake
- 27 April 2023
Fisheries Action Coalition Team (FACT) has launched two new projects to promote the rights of local communities towards the sustainability of fisheries resources in the Tonle Sap Lake and to conserve biodiversity and climate change in the area. The organization aims to develop Kampong Thom, Kampong Chhnang, and Pursat provinces as a community tourism destination by building floating markets, bunga...
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