Projects Development
CDC Approves Two Major Projects Worth US$14.3million in Kampong Speu & Kandal Provinces
The Council for the Development of Cambodia (CDC) has approved private investment of US$14.3 million to build two factories in Kampong Speu and Kandal provinces. MILANNA LEATHERWARE M.F.Y (CAMBODIA) Co is investing US$9.2 million to establish a factory producing belts and bags in Krabei Tram village, Chung Ruk commune, Kong Pisey district, Kampong Speu province. […]
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MLMUPC approves 1,679 construction projects with an investment value of US$950 million in H1
The number of 1,679 construction projects received construction permits from the Ministry of Land Management, Urban Planning and Construction in the first half of 2022, down 150 projects compared to the same period last year. The report on socio-economic trends of the Ministry of Economy and Finance showed that the total project cost was US$952 […]
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KOICA to Support New National Paediatric Hospital Building worth US$16 Million
The Republic of Korea will provide US$16 million in aid to the National Paediatric Hospital to construct new infrastructures, purchase medical equipment, and build capacity for hospital staff, which will be conducted from 2022 to 2027. These projects were agreed upon via a Record of Discussion of the Strengthening Capacity of the National Paediatric Hospital […]
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Japanese LED Light Factory Helps Cambodia Reduce Electricity Costs by About US$1 Million a Year
Japanese company Minebea Mitsumi produces 100% LED lamps in Cambodia and also exports to worldwide markets. So far, the company has installed 18,880 LED lights, which has reduced electricity consumption and CO2 emissions by about US$1 million a year. Mr. Yoshihisa Kanuma, CEO of Minebea Mitsumi reported on these statistics during a meeting with Samdech […]
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Cambodia Attracts Almost US$3 billion in Investment Projects in H1 2022
The Council for the Development of Cambodia has approved new investment projects and production expansion projects with a total investment of US$2,998 billion, an increase of 23.4% over the same period last year. According to the report of the Council for the Development of Cambodia, of all the new investment projects, domestic investments ranked first, […]
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JICA Launches Smart City Approach to Solve Urban Problems in Siem Reap
The Japan International Cooperation Agency (JICA) has decided to implement a three-year project to implement a smart city approach to address urban issues in Siem Reap from May 2022 to May 2025, according to the meeting on reviewing and commenting on the pilot project of the Smart City project in Siem Reap province on 21 […]
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Fifth Largest Bottle Manufacturer in the World Invests to Expand Market in Cambodia
Swire is a leading brand of beverage bottles in the United States and the fifth largest producer of Coca-Cola bottles in the world. Swire in Hong Kong recently announced a US$1.01 billion investment to expand the Coca-Cola market in Cambodia and Vietnam, according to Nikkei Asia on 18 July 2022. “This expansion of territories is […]
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Construction of Siem Reap-Angkor International Airport 70% Complete by End 2022
The Angkor International Airport Investment (Cambodia) (AIAI) expects 70% of work to be complete on the Siem Reap-Angkor International Airport by the end of 2022. The company confirmed this in the third quarterly meeting to monitor the implementation of the project held on 11 July. HE Tekreth Samrach, Minister Delegate to the Prime Minister and […]
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Battambang Clean Water Supply Plant Set After MISTI Signs Construction Contract
The Ministry of Industry, Science, Technology & Innovation (MISTI) signed a contract for the construction of a water plumbing station, water treatment plant, and water supply system in Battambang Province with China Civil Engineering Construction Corporation (CCECC) on 18 July 2022. This project is a part of the Provincial Water Supply and Sanitation Project (PWSSP) […]
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162 kW Solar Project Officially Inaugurated
A 162-kW small-scale solar power supply project was inaugurated by HE Keo Rattanak, Minister Delegate to the Prime Minister, on 18 July 2022. The project is located in Koh Russey village, Prolay Meas commune, Kampong Leng district, Kampong Chhnang province, and was built with the support of Snetech Group and Chin Group. This solar power […]
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