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ខ្មែរ Projects Development
Nearly 700 Factories, Enterprises & Handicrafts Operating in Takeo Province in Sign of Economic Development
- 7 March 2023
Takeo province, located in southern Cambodia, is home to nearly 700 small and medium enterprises and handicrafts, according to HE Ouch Phea, Governor of Takeo province at a press conference on "Success in the past 5 years of Takeo Provincial Administration" on 2 March 2023. The governor emphasised that, in addition to agriculture, industry is also a core sector of the province’s economic develo...
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Construction of Siem Reap Angkor International Airport is 86% Complete
- 7 March 2023
Siem Reap Angkor International Airport is nearing completion, with the construction work currently 86% finished, according to a meeting held between Prime Minister Hun Sen and Yunnan Investment Group on 6 March 2023. The CEO and Vice Chairman of the Board of Directors, Mr Liu Minglin, confirmed that the airport is expected to undergo a trial run in June, with the official launch scheduled for O...
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Lao Company Mulls to Build 80m-Tall Buddha Statue in SHV
- 6 March 2023
Data Technology Lao Sole company has announced its plans to build an impressive 80-metre Buddha statue in Preah Sihanoukville Province, Cambodia, to attract national and international tourists to the country. The announcement was made during a meeting between Wei Qianjiang, CEO of Alpha Data Technology Lao Sole Co., Ltd, and Thong Khon, Minister of Tourism of Cambodia, on 3 March 2023. Accordin...
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Construction of US$38m Koh Pic-Koh Norea Bridge 62% Complete
- 5 March 2023
The construction of the Koh Pich-Koh Norea cable-stayed bridge is now 62% complete as of 4 March 2023 according to Phnom Penh's Department of Public Works and Transport. With a budget of US$38 million, the bridge is expected to be completed by the end of 2023, and it will serve as an important gateway connecting the centre of Phnom Penh to National Road No. 1. This new infrastructure will help ...
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Sports Village is Ready for Official Inauguration on 20 April
- 5 March 2023
The 2023 SEA Games Village at the Moradok Techo National Stadium in Cambodia is set to be inaugurated on 20 April 2023, in preparation for the upcoming Southeast Asian (SEA) Games. The announcement was made by HE Vath Chamroeun, Secretary General of the National Organising Committee for the 2023 SEA Games and ASEAN Para Games (CAMSOC-CAMAPGOC), following a visit by Samdech Pichey Sena Tea Banh, De...
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Trusts Register with Total Capital of US$730m as of February 2023
- 5 March 2023
Cambodia's Trust Regulator (TR) has reported that 492 trusts have been registered as of 23 February 2023, with a combined capital of US$735 million. The Commercial Trust sector has the largest number of trusts, accounting for 66% of the total registered capital at US$492 million, followed by Financial Trust at US$174 million and Public Trust at US$64 million. According to HE Sok Dara, TR Direct...
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ADB Lends Laos PDR US$692.5m to Build Largest Wind Power Plant in Southeast Asia
- 4 March 2023
The Asian Development Bank (ADB) has signed a financing package worth US$692.55 million with Monsoon Wind Power Company Limited (Monsoon) to construct a 600-megawatt wind power plant in the Sekong and Attapeu provinces of southern Laos PDR. The project, called "Monsoon," will be the largest wind power plant in Southeast Asia, consisting of 133 wind turbines, and the first in Laos to export and ...
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US$2.4-million Water Treatment Plant Breaks Ground in Kambol District
- 3 March 2023
A new US$2.4 million water treatment plant, with a capacity of 5,000 cubic metres per day, has broken ground in Phnom Penh's Kambol district. The groundbreaking ceremony was held on 3 March with HE Cham Prasidh, Senior Minister, Minister of Industry, Science, Technology and Innovation, presiding over the event. This Boeung Thom Water Treatment Plant is expected to be operational in October 2023...
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Feasibility Shows ‘Okay’ to Bassac – Kampot Waterway
- 3 March 2023
The Ministry of Public Works and Transport (MPWT) has announced that the feasibility study of the Tonle Bassac waterway and logistics project has been completed, with no major technical, environmental, or legal issues found. The study was conducted by CCCC Water Transportation Consultants Co., Ltd, and its progress was discussed at a meeting between the ministry’s General Department of Water ...
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Booyoung Group Expresses Investment Interest in Infrastructure & Transportation in Cambodia
- 3 March 2023
Booyoung Group, a leading South Korean conglomerate, has expressed its interest in investing in Cambodia's infrastructure and transportation sectors. The announcement was made during a meeting between the Booyoung delegation and H.E. Sun Chanthol on February 28, 2023. As Cambodia continues to develop its infrastructure and transportation networks, foreign companies like Booyoung Group are keen...
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