Projects Development
Construction Begins on China’s 3,300km East-West Power Transmission Line
Construction has officially begun on China’s fourth mega power transmission pipeline project that will transport natural gas from the east to the west side of the country. With a total length of 3,340 km, the pipeline runs from Wuqia County in northwest China’s Xinjiang Uygur Autonomous Region to Zhongwei City in Ningxia Hui Autonomous Region, […]
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Eight Investment Projects Worth US$89m Approved for Kep, Kandal, K. Speu, K. Cham and PP
The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 89m to build two hospitals, Develop Koh Tbal Island, and establish five factories in Kep, Kandal, Kampong Speu, Kampong Cham and Phnom Penh. These private companies include: The first firm […]
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Germany Provides Over US$670 million in Financing to Cambodia as of 2021
As of 2021, Germany has provided a total of US$670 million in financing to Cambodia, equivalent to 2.6% of the total funding provided by development partners to Cambodia. The figure was shown during a meeting between Secretary-General of the Cambodian Rehabilitation and Development Board HE Chhieng Yanara and German Ambassador to Cambodia HE Stefan Anton […]
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Four Investment Projects Worth US$23.9m Approved for Sihanoukville & Svay Rieng Provinces
The Council for the Development of Cambodia (CDC) has given permits to four private companies to invest a total of US$23.9 million to establish four factories in Sihanoukville and Svay Rieng province. The first firm is HOME STYLE LIVING CO., LTD, which will invest US$6.6 million to establish a furniture and mattress factory in Sin […]
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Gov’t Establishes Inter-Ministerial Committee for PP-Bavet Expressway Development Project
The Cambodian government has set up an inter-ministerial committee to accelerate the Phnom Penh-Bavet expressway project. According to the statement dated 16 September, the expressway connecting Phnom Penh to Bavet has been proposed for investment by China Road and Bridge Corporation under a basic framework of build-operate transfer. HE Sun Chanthol, Senior Minister, Minister of […]
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Japan Urges Cambodia to Further Ease Japanese Investment in Cambodia
Japanese Prime Minister Kishida Fumio has asked his Cambodia’s counterpart Samdech Hun Sen to continue supporting and easing Japanese investment in Cambodia, as to date, Japanese private investment value in the kingdom has reached nearly US$3 billion. HE Kishida Fumio said during a meeting with Samdech Hun Sen on 28 September in Tokyo that besides […]
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Construction of Vietnam’s Largest Airport Set for Completion in 2025
The construction work on the runway for Vietnam’s largest airport Long Thanh is set to begin in December, almost two years after the project’s ground-breaking ceremony, reported GCR. Nguyen Van Hung, an official at the Airports Corporation of Vietnam (ACV), said tenders had been launched to find a contractor to build the airport’s runways, taxiways, […]
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Gov’t Approves 75 New Non-SEZ Investment Projects Worth US$2.4 billion in H1 2022
From January to June 2022, the Cambodian government approved 75 private investment projects outside of special economic zones (SEZ) with a total investment of US$2.4 billion, an increase of 159.3% compared to the same period in 2021. These newly approved 75 projects created about 62,000 new jobs, an increase of 65.9%, according to a report […]
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PM Orders MPWT to Prioritise Subway Train in PP & High-Speed Railways
Prime Minister Samdech Hun Sen has ordered the Ministry of Public Works and Transport (MPWT) to speed up the progress of feasibility study and fund seeking for the subway train project in Phnom Penh capital as well as the project to upgrade two existing railways to high-speed lines. According to MPWT Minister HE Sun Chanthol […]
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Feasibility Study of New Waterway Connecting PP to Kep to be Finalised in November
The detailed feasibility study of a project to build a new water transport system along the Bassac River connecting Phnom Penh Port to Kep, Kampot, and Sihanoukville Ports is scheduled for completion in November. According to the speech of the Minister of Public Works and Transport HE Sun Chanthol on 21 September, after the study […]
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