Projects Development
Infrastructure Construction in Run Ta Ek & Peak Sneng 100% Complete
The construction of necessary infrastructure at the Run Ta Ek and Peak Sneng villages, including a 165km road and water supply network, has been 100% completed. According to the Ministry of Rural Development on 7 February, 28 red gravel road projects, with a total length of 165km in Run Ta Ek natural village and in […]
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Construction of US$58m Water Supply Project in Siem Reap Set for Completion in April 2023
The construction of a water treatment plant in Siem Reap province is scheduled to be completed in April 2023, according to the Minister of Industry, Science, Technology, and Innovation Cham Prasidh on 8 February. Located in Bos Angkanh village, Sangkat Chreav, Siem Reap city, the plant will be able to produce 60,000 cubic metres of […]
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SHV Sees Over 1,000 Investment Projects & 500 Completed in Past 5 years
To date, Sihanoukville has a total of 1,186 investment projects, of which 595 have been completed, according to a press conference on 15 February. The government has also provided investment permits on islands and beaches to 27 companies with a total investment capital of over US$8.9 billion. Currently, the province has a total of 1,006 […]
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CDC Approves Investment Projects Worth US$18.3 million in PP, K. Speu
The Council for the Development of Cambodia (CDC) has given permits to two private firms to invest a total of US$18.3 million in establishing two factories in Phnom Penh and Kampong Speu. “LIN WEN CHIH SUNZEAL ENTERPRISES CO., LTD” will invest US$13.2 million to establish a shoe and footwear factory located at Street 44, Taing […]
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China to Help Accelerate Establishment of Economic Corridors in Cambodia
China has pledged to help Cambodia establish two more major economic corridors, including the “Industrial Development Corridor with Sihanoukville as its centre” and the “Fish and Rice Corridor in the Northwest region”. HE Wang Wentian, Chinese Ambassador in Cambodia, said on 16 February that China is willing to provide assistance to build the two projects […]
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IFC backs two private firms to establish smart logistics hub in Cambodia
The International Finance Corporation (IFC) has backed two of the region’s leading logistics companies –WorldBridge Group and YCH Group – to establish a world-class logistics complex in Cambodia. The agreement was signed in February in Singapore by IFC, WorldBridge, and YCH Group, according to a press release. The Cambodia SuperPortTM or the Phnom Penh Logistics […]
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Germany Mulls Investing in Car & Construction Machinery Factory in Cambodia
The German business delegation has expressed interest in investing in several key sectors in Cambodia including automobiles, machinery, construction equipment, wastewater treatment system, technology, and renewable energy. According to a meeting with Cambodia Prime Minister Samdech Hun Sen on 15 February, the German business delegation also expressed satisfaction with the business environment in Cambodia and […]
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Kampong Chhnang Set for 100ha Multi-Purpose Port & Logistics Centre
A new 100-ha multi-purpose port & logistic centre is set to be built in Kampong Leng district in Kampong Chhang province to help promote water transport, provide jobs, and improve livelihoods in the Tonle Sap area. Located in Keng Ta Sok village, Kampong Hao commune, Kampong Leng district, the project will be developed by KLPT […]
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Construction of PP-Bavet Expressway Set to Begin in June 2023
The construction of the Phnom Penh-Bavet Expressway project is set to begin in June 2023, according to the Ministry of Public Works and Transport (MPWT) on 15 February. MPWT Minister HE Sun Chanthol said that the Phnom Penh-Bavet Expressway project would officially start construction in June 2023, while technicians and stakeholders are currently speeding up […]
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India Invests US$13bn to Build Country’s Longest Highway Connecting New Delhi & Mumbai
India officially broke ground on the first stage of its longest expressway, a route linking Delhi and Mumbai, as it makes a concerted infrastructure push to catch up with its geopolitical rival China. The expressway project is a new 1,386-kilometre four-lane road with a total budget of US$13bn which will eventually cut the road travel […]
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