Projects Development
SSEZ Import & Export Value in H1 at US$1.4 billion, Up 28% Y-o-Y
During the first half of 2022, the export and import value at the Sihanoukville Special Economic Zone (SSEZ) was recorded at US$1.4 billion, an increase of 38% compared to the same period last year. According to SSEZ President Chen Jiangang, his firm is currently expanding e-commerce activities and Silk Road development to attract more technology-related […]
Read More
Government Signs US$760 million in New Grants & Concessional Loans in H2 2022
The Royal Government of Cambodia has signed new grants and concessional loans totalling approximately US$762 million while financing under the framework for infrastructure development projects and other priority projects totals approximately US$524 million. The new agreements, signed in the first half of 2022, are for the implementation of 18 projects or development programs, according to […]
Read More
Construction of Ring Road 3 Over 76% Complete as of July
Construction of Ring Road 3 around Phnom Penh was 76.87% complete by 25 July 2022, with the completion date delayed to September 2023. The update was provided by Heang Sotheayuth, a spokesman for the Minister of Public Works and Transport on 01 August. With ground broken in January 2019, Ring Road 3 has a total […]
Read More
US$1.5bn Kampot Port Listed as Largest Port Project Initiated Globally in Q2 2022
The newly announced US$1.5 billion international port in Kampot province has become the largest port project initiated globally in Q2 2022, according to GlobalData. In 2022, there are five giant port projects, of which the Cambodian port ranks first. The 5 port projects are as: Kampot Logistics & Multipurpose Port– US$ 1.5 billion With a […]
Read More
India Provides Loan of Over US$35 Million to Develop Stueng Svahab Reservoir in Kampong Speu
The Republic of India has provided approximately US$36.92 million in loans for the implementation of the five-year Stueng Svahap Water Resources in Kampong Speu, according to a Kick-off Meeting on 30 June 2022. The meeting reviewed and discussed the five-year WAPCOS-PMC project management action plan, including: Preparation of a DPR detailed study report. Engineering procurement […]
Read More
Tbong Khmum Customs & Excise Office Officially Inaugurated
The administrative building, residential building, and infrastructure at the Customs and Excise Offices in Tbong Khmum province were officially inaugurated on 28 July 2022. The ceremony was presided over by HE Aun Porn Moniroth, Deputy Prime Minister, Minister of Economy and Finance, accompanied by HE Cheam Chansophoan, Governor of Tbong Khmum province. That Customs and […]
Read More
New US$300-million Tyre Production Factory to Be Built in 2023 in Sihanoukville SEZ
SIHANOUKVILLE SPECIAL ECONOMY ZONE CO., LTD plans to build a new tyre production factory worth over US$300 million in H1 of 2023 in Sihanoukville SEZ, according to a meeting between Minister of Ministry of Labour and Vocational training, HE Ith Samheng and Mr Chhin Chien Kang, Chairman of the Board of Directors on 28 July […]
Read More
Korea to Support Cambodia with Smart Water Management Technology Equipment in Phnom Penh
Well-known Korean company Greentech Inc. has shown strong cooperation to develop intelligent technology to manage the water supply sector as an initial first step with the Phnom Penh Water Supply Authority. The cooperation was discussed during a meeting between HE Cham Prasidh, Minister of Industry, and the delegation of Greentech Inc Korea on the project […]
Read More
State to Establish 15 and Upgrade 7 Medical Facilities Nationwide
The Ministry of Health and Ministry of Interior has decided to establish 13 new health centres, 1 new referral hospital, 1 new health post, upgrade 2 referral hospitals and 5 health posts to be health centres throughout the country, according to the Inter-Ministerial Prakas No. 031 dated 26 July 2022. The 13 new health centres […]
Read More
As of June 2022, Singapore Invests in 127 Projects Worth about US$1.53 Billion
As of June 2022, Singapore has invested in 127 major projects worth about US$1.53 billion in areas such as infrastructure, tourism, manufacturing, and other sectors, according to the workshop on Understanding Cambodia: Understanding Business Opportunities in Cambodia on 26 July 2022. Singaporean Ambassador to Cambodia HE Teo Lay Cheng said Singapore was among Cambodia’s five […]
Read More