Projects Development
Japan provides US$23 million for the expansion of the water supply system in Cambodia
The Japanese government has decided to provide more than US$23 million in grant aid for a project expansion of the Phum Prek Water Supply System in Cambodia. The signing ceremony of the grant was held on November 12 under the presidency of Samdech Techo Hun Sen, Prime Minister of Cambodia, and visiting Japanese Prime Minister HE Kishida Fumio. The project to expand Phum Prek Water Supply Sys...
Read MoreCambodia Approves US$3.5 Billion in Investment Projects in 10 Months
The Council for the Development of Cambodia (CDC) has approved 161 investment projects with a total investment of US$3.5 billion in the first 10 months of 2022. According to the CDC, investment projects in the first 10 months increased by 15 projects compared to the same period last year, while investment capital increased by about 1.3%. Industry and infrastructure have the largest share, wi...
Read MoreKH, VN Agree on Multiple Deals Boosting Cross-Border Infrastructure & Transport Systems
Cambodia and Vietnam have discussed multiple matters aiming to strengthen cross-nation infrastructure and transport sectors. During a bilateral meeting between the Minister of Public Works and Transport of Cambodia and the Minister of Transport of the Socialist Republic of Vietnam on 8 November, five major topics were discussed including: 1) Cross-border Transportation: The two parties si...
Read MoreCambodia Approves US$3.5 Billion in Investment Projects in 10 Months
The Council for the Development of Cambodia (CDC) has approved 161 investment projects with a total investment of US$3.5 billion in the first 10 months of 2022. According to the CDC, investment projects in the first 10 months increased by 15 projects compared to the same period last year, while investment capital increased by about 1.3%. Industry and infrastructure have the largest share, wi...
Read MoreConstruction of New US$60m Interior Ministry HQ 60% Complete
The construction of the new Ministry of Interior administrative building has been completed 60% as of early November and is scheduled to be completed as planned in August 2023. Deputy Prime Minister and Minister of Interior Samdech Sar Kheng provided the progress update during the construction site inspection on 3 November. "The new administrative building is being built in current the Mini...
Read MoreCambodia to Build Three More Deep-Sea Ports to Boost Trade with US & Europe
Cambodia is planning to build three more deep-sea ports in the Kingdom, aiming to boost direct freight access to and from the US and European nations. The plan was confirmed by HE Minister Sun Chanthol in a press conference on 27 October 2022. "The first port is the expansion of Sihanoukville port to 14.5m by 2026. We are also studying to build two more ports, one 16.50m and the other 17.50m...
Read MoreJICA Launches Three Campaigns for Siem Reap Smart City Project
The Japan International Cooperation Agency (JICA) has been working with the Cambodian government to transport Siem Reap into a smart city, with three major action plans set for 2022 to 2025. According to discussions at an official meeting on 31 October, the second phase of the project will be implemented from May 2022 to March 2025, and implement three activities, including: 1). Establishmen...
Read MoreCambodia’s First Wildlife & Aquarium Park Open in November
ANGKOR WILDLIFE & AQUARIUM, a park with “rare” fish, other animals and various species in Cambodia officially opened on 1 November 2022. The park is located along NR6, in Kbon village, Khchas commune, Sot Nikum district, Siem Reap province. The park complex covers more than 10,000 sqm and feature freshwater and marine fish species that already exist in Cambodia and some imported from abr...
Read MoreGov’t Plans to Spend Approx. US$1.8 billion on Public Investment Projects in 2023
In 2023, the government plans to spend over US$1.8 billion to develop public investment projects, or equivalent to 5.89% of GDP, an increase of 25.2% compared to the 2022 budget. According to the draft law on finance for management in 2023, the expenditure plan will focus on four key areas including: -Construction and rehabilitation of roads, bridges, sewers, and the reconstruction of flood-...
Read MoreSouth Korea to Help Establish Food Processing Centre in Cambodia
The Korea Food Research Institute plans to help establish a food processing task center (FTC) in Cambodia to boost food production and contribute to reducing imports. The project was discussed during a recent meeting between HE Cham Prasidh, Senior Minister and Minister of Industry, Science, Technology, and Innovation, and Mr. Kim Young-chan, Project Manager of the Korea Food Management Institu...
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