Projects Development
Vietnam Launches Ambitious USD 8.4 Billion Wonder City Project in Can Gio
Vingroup, a prominent Vietnamese conglomerate, has officially broken ground on a groundbreaking modern tourist development titled Vinhomes Green Paradise in Can Gio, a coastal area located about 50 kilometers southeast of Ho Chi Minh City. The project, which represents an investment of over 217.05 trillion VND (approximately USD 8.44 billion), aims to create a world-class urban area whil...
Read MoreAEON Breaks Ground on USD 46 Million Shopping Mall in Vietnam
In a strategic move amidst the global economic downturn, Japanese retail giant AEON is strengthening its presence in Vietnam with the groundbreaking of a new shopping mall. On April 19, 2025, AEON Vietnam commenced construction on the AEON HAI DUONG shopping mall in Hai Duong province, located just north of Hanoi. The project has an investment of VND 1.18 billion (approximately USD 45.61...
Read MoreBay of Lights: A Bold Step Forward in Cambodia’s Coastal Transformation
Sihanoukville, Cambodia – April 21, 2025 – Breaking ground in 2022, the $16 billion Bay of Lights coastal development is rapidly taking shape along the scenic shores of Ream Bay in Sihanoukville. Spanning over 934 hectares, this ambitious project combines innovation, progress, and community impact, positioning Sihanoukville as the Next Southeast Asia’s next major economic and cultural destination....
Read MoreInterContinental Hotels & Resorts to Open USD 300 Million Landmark in Sihanoukville, Marking Grand Return to Cambodia
InterContinental Hotels & Resorts will make its return to Cambodia with a USD 300 million luxury property in Sihanoukville, scheduled to open in 2028 as part of the expansive Peninsula Bay Integrated Resort. The announcement coincides with a notable revival in Cambodia’s tourism industry, which saw a 23% increase in international arrivals in 2024, exceeding pre-pandemic levels by 1.4%, driven ...
Read MorePrime Minister Unveils Ambitious Plan to Transform Stung Treng’s Agriculture Sector
In a significant move aimed at revitalising the agricultural landscape of Stung Treng province, Prime Minister Hun Manet has announced the re-zoning of 6,000 hectares of investment land to a private company to establish an agro-industrial zone. This ambitious initiative was unveiled during the official inauguration of National Road 71c on 12 April 2025. During the announcement, Prime Minister H...
Read MoreGovernment Launches Investment Program for North-eastern Provinces
Prime Minister Hun Manet has announced a special investment program targeting Kratie, Stung Treng, Ratanakiri, and Mondulkiri from 2025 to 2028. The initiative aims to attract private investment in agriculture, agro-industry, and tourism, leveraging the region's rich natural resources and tourism potential. Key features of the program include tax and customs incentives, attractive financing opt...
Read MoreQ1 2025 Sees Total Investment Capital from China to Cambodia Reach 56.23%
In the first quarter of 2025, Chinese investment in Cambodia has reached a remarkable 56.23% of total registered capital, amounting to USD 2.5 billion across 172 ambitious projects. This impressive influx includes six expansions of existing production facilities, which are anticipated to create nearly 120,000 jobs nationwide, significantly contributing to the country’s economic growth. Among th...
Read MoreKampong Thom Set to Become Hub for Cashew Production as Chinese Company Eyes Warehouse Development
Kampong Thom province is on the brink of significant agricultural development. Sinomac Hainan Development Co., Ltd., a leading Chinese state-owned agricultural enterprise, is studying the feasibility of constructing a state-of-the-art warehouse and drying yard dedicated to cashew nuts. This initiative aims to enhance Cambodia’s agricultural export potential, particularly in the burgeonin...
Read MoreFour Major Companies Plan to Make Further Investments in Cambodia’s Automotive and Electronics Sectors
Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on 31 March 2025. During the visit, HE Chea Socheat and his team toured the facili...
Read MoreChina Unveils Plans for Cambodia’s First & Largest Oil Refinery
In a ground-breaking initiative for Cambodia's energy sector, Chinese company Guanzun Energy Investment Co., Ltd. is set to construct the country’s first and largest oil refinery in Kampot Province. The ambitious project, estimated at up to USD 3.5 billion, was announced by the Kampot provincial administration and covered by Cambodian national television. Spanning an impressive 234 he...
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