Projects Development
Kampot to Build New 2,000m Beachfront Public Park in Tuek Chhou District
Kampot Provincial Governor HE Mao Thanin unveiled a project to build a new beachfront public park, stretching over 2,000 meters long at Kampong Bay canal in Teuk Chhou district. HE Mao Thanin said during the site inspection on 18 October that the Kampot Provincial Administration has been studying the project, which is a new achievement of the province. According to the plan presented by the ...
Read MoreAEON Mall 3 Set to Open Soon
The under-construction AEON Mall 3 located in the southern part of Phnom Penh is expected to open soon, as construction is reaching 100% completion. The firm has not officially announced the opening date but has begun hiring staff with urgent status on the recruitment document. Located in Chak Angre commune, Meanchey district, this project is being built with an investment of US$290 million ...
Read MoreTwo Investment Projects Worth US$11.3m Approved for K.Speu, and Kandal province
The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 11.3m to establish two factories in Kampong Speu and Kandal province. These private companies include: The first firm is J-STAR GARMENT (CAMBODIA) CO., LTD, which will invest US$5.8 to establish a garment factory located in Ang Rong villa...
Read More115ha on Ta Prom Island to be Transformed to Mixed-Use Development
The Council of Ministers has given a permit to Ta Prohm Investment Co., Ltd. to develop 116 hectares of land on Ta Prohm Island in Sangkat Prek Eang, Khan Chbar Ampov into a new development zone. According to letter No. 821 of the National Assembly dated 23 September 2022, the company will develop Ta Prom Island into a mixed economic zone, a residential area, and a satellite city. The Phnom ...
Read MoreMPWT Vows to Complete Study on New Waterway Connecting PP-Kampot in Early 2023
The Ministry of Public Works and Transport (MPWT) has pledged to complete the feasibility study on a new waterway connecting Phnom Penh to Kampot through Tonle Bassac by 2023. MPWT Minister HE Sun Chanthol said on 14 October that the Tonle Bassac Navigation and Logistics Study Project is under review and discussion with the China Bridge and Road Corporation (CRBC) and the experts of CCCC Water ...
Read MoreVietnam, Cambodia Speeds Up Study on Railway Connecting Phnom Penh & Ho Chi Minh
Vietnam has urged Cambodia to speed up the feasibility study of a direct railway connecting Phnom Penh and Ho Chi Minh City. The discussion on this project was raised during the meeting between MPWT Minister HE Sun Chanthol and Vietnam Ambassador to Cambodia HE Nguyen Huy Thang on 12 October. The meeting was held to strengthen ties and cooperation in the field of transport infrastructure to ...
Read MoreTecho International Airport Construction 40% Complete While Five Banks Invest US$23m
The construction of Techo International Airport (TIA) is now 40% complete as of October as the work is scheduled to finish in 2024. The Cambodia Airports Investment Corporation (CAIC) updated the construction process at the signing ceremony of TIA guaranteed bond investments on 14 October. (Read more) Cambodia Airports Investment Corporation (CAIC) is a joint venture between the Royal Govern...
Read MoreCambodia-Korea MPWT Research Lab Inaugurated
The Cambodia-Korea Techo Sen Public Works and Transport Laboratory was officially inaugurated on Thursday 13 October. The inauguration ceremony was presided over by Minister of Public Works and Transport HE Sun Chanthol and Ambassador of the Republic of Korea to Cambodia HE HE Park Heung-kyeong. The objective of establishing this laboratory is to contribute to the development of road infra...
Read MoreFive Investment Projects Worth US$29.2m Approved for Svay Rieng, Takeo and PP
The Council for the Development of Cambodia (CDC) has issued registration certificates for five investment projects with a total capital of US$29.2m to establish five factories in Svay Rieng, Takeo, and Phnom Penh. These private companies include: The first firm is "GORGEOUS LIGHTS CO., LTD", which will invest US$8.1m to establish a factory to produce lamps, lamps, and lamp accessories, loca...
Read MoreMLMUPC Approves Over 2,800 Construction Proposals in Eight Months
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) approved 2,811 construction proposals in the first eight months of this year, a decrease of 90 construction proposals compared to the same period last year. The approved construction proposals were valued at US$1.6 billion, a decrease of 56.7 %, according to the Ministry of Economy and Finance’s Socio-Economic Trend repo...
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