Projects Development
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 ...
Read MoreKampong 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 Transmission Co., Ltd. Mr Prak Vuthy, President of KLPT Tra...
Read MoreConstruction 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 the impact study. The PP-Bavet E...
Read MoreIndia 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 time between the country’s two biggest cities in half, to 1...
Read MoreConstruction on New US$60m Interior Ministry HQ 65% Complete
Construction on the new Ministry of Interior headquarters is over 65% complete and is scheduled to be final completion in July 2023, according to the announcement of the Ministry of Interior on 10 February. The new Ministry of Interior building is 9 floors high with a total area of 105,545 sqm. The construction began in November 2021 with a budget of US$60 million. (Read more) The new buil...
Read MoreChinese Firms Jointly Provide US$4.5m to Build Two Major Infrastructure Projects in Cambodia
Three major Chinese companies have jointly provided more than US$4 million in grants to Cambodia to construct two major infrastructure projects, according to the meeting between PM Samdech Hun Sen and three Chinese companies during his trip to China on 9 February. The three significant investors are China Road Bridge Corporation, Beijing Urban Construction Group, and China Metro Group. The...
Read MorePM Requests China to Study Feasibility of High-Speed Railways in PP & SR
Prime Minister Samdech Hun Sen has asked China Metro Group Limited to study two high-speed light rail projects, one in Phnom Penh and another in Siem Reap, to reduce traffic congestion. This is according to a meeting between PM Hun Sen and three major Chinese companies on 9 February during an official visit to the People's Republic of China. Three major Chinese investment companies, includ...
Read MoreAustrian Firm Studies Feasibility of Building Cable Car System in Phnom Penh
The Austrian company Doppelmayr Group has been studying the possibility of a “Cable Car” project in Phnom Penh. In the past, the company has expressed interest in investing in transportation using cable cars to promote public transport in Phnom Penh, Cambodia. (Read more) In a meeting with the Permanent Secretary of State of the Ministry of Public Works and Transport Mr Touch Chankosal on 7...
Read MoreIFAD Provides US$194m to Support Cambodia’s Rural Economy & Agricultural Trade
The International Fund for Agricultural Development (IFAD) has provided US$194 million to support Cambodia's rural economy and trade in agricultural products. The financing agreement was signed by the President of IFAD Mr Alvaro Lario and the Permanent Secretary of the Ministry of Economy and Finance Mr Vongsey Vissoth on 7 February. Of the US$194 million fund, US$47.9 million is a concess...
Read MoreJapan Mulls Investing in Cashew-to-Energy Processing Plant in Cambodia
A Japanese company has expressed interest in establishing a factory that processes cashew nuts and cashew nut shells into fuel in Cambodia, according to a meeting between the Minister of Agriculture and Forestry and the CEO of Top Planning Japan Co., LTD on 7 February. HE Dith Tina, Minister of Agriculture, Forestry and Fisheries, said that this Japanese company plans to set up a factory in Ca...
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