Projects Development
By 2022, Cambodian Government Implementing 19 Water Projects Worth Over US$747m
The Cambodian Ministry of Industry, Science, Technology, and Innovation has been busy implementing 19 water projects with a total budget of USD 747.49 million, according to a recent progress report on the ministry's work activities. The total budget comprises US$ 129.49 million in grant financing and US$ 618 million in concessional financing. Among the 19 water projects, 14 are infrastructur...
Read MoreChinese Company Invests US$200m to Build New Tyre Plant in Kratie
Qingdao Double Star Group, a Chinese car tyre manufacturer, has announced plans to invest US$210 million in a new greenfield tyre manufacturing plant in Cambodia. The company will partner with local mining company UBE Development Co. Ltd. to establish a subsidiary, Double Star (Cambodia) Tire Co. Ltd., for the investment. The new plant will be located in Kratie province's special economic zon...
Read MoreCambodia’s Industrial Sector Begins to Bounce Back Post Pandemic
Cambodia's industrial sector has continued to show promising growth, with 1,982 manufacturing factories operating in 2022 and producing a total output of $15,834 million. This represents an impressive 83% increase from the previous year. HE Cham Prasidh, Senior Minister and Minister of Industry, Science, Technology and Innovation, revealed these figures at the annual meeting to review and set o...
Read MoreNew Oddar Meanchey Hospital Building Worth Over US$2m Inaugurated
The new Oddar Meanchey Provincial Referral Hospital building, valued at over US$2 million, was officially inaugurated on 1 March 2023. The inauguration ceremony was presided over by Minister of Health HE Professor Mam Bun Heng. The hospital's opening is expected to address the shortage of healthcare facilities and improve the healthcare system in Oddar Meanchey province. “This new achievemen...
Read MoreMaster Plan of Multi-Purpose Special Economic Zone Development in SHV 50% Complete
Preah Sihanouk province in Cambodia is moving closer to its goal of becoming a multi-purpose model special economic zone, with the completion of 50% of its master plan, according to Long Dimanche, Deputy Governor of Preah Sihanouk province. The update was shared by the official on his Facebook page on 27 February. “The preparation of the master plan for the development of Sihanoukville into a ...
Read MoreUS$4.6m Japanese-Aid Container Freight Station in SPSEZ Officially Inaugurated
The Sihanoukville Autonomous Port Special Economic Zone (SPSEZ) has inaugurated a new container freight station, which was constructed under the “Economic and Social Development Program” of Japan. The program provided a grant of US$4.6 million to Cambodia, in response to a request made by the Cambodian Government in 2019. “The new warehouse, along with the AEON warehousing project, will help at...
Read MoreThree Ministries to Talk with ADB on Restoring Canal Connecting to Kampot Tourist Port
The launch of the Kampot tourist port project has been delayed due to water depth issues although the construction has been completed. Three ministries, including the Ministry of Economy and Finance, the Ministry of Tourism, and the Ministry of Public Works and Transport, are currently negotiating to secure a budget to restore the canal that connects to the port. HE Sun Chanthol, Senior Ministe...
Read MoreFeasibility Study Agreed for Phnom Penh-Battambang-Poipet Expressway
The Ministry of Public Works and Transport has granted permission to a private firm to conduct a feasibility study on the construction of an expressway linking Phnom Penh, Battambang, and Poipet, announced HE Sun Chanthol, Minister of Public Works and Transport, during his site inspection of the Third Ring Road construction on 28 February 2023. “Although National Road No. 5 has been expanded fr...
Read MoreRing Road 3 Construction Reaches 90% Progress, Completed in May 2023
The first phase of the Ring Road 3 construction project, which connects National Road No. 4 to National Road No. 1, is reported to have reached a completion rate of almost 90% as of 25 February 2023. According to HE Senior Minister Sun Chanthol, Minister of Public Works and Transport, who inspected the site on 28 February, the road is expected to be completed in May 2023, which is ahead of the ori...
Read MoreUS$5m Electronic Compliance Factory Officially Opened in Pursat
An electronic products assembly plant in Pursat's Krakor district was officially launched 26 February. The inauguration was held by Director General of Electricite du Cambodge (EDC) HE Keo Rattanak, Pursat Governor HE Khoy Rida and CEO of Precise Electric Manufacturing Amorn Daengchot. Built with an investment of US$5 million, the factory is located in Toteung Village of Anlong Thnout Comm...
Read More