Projects Development
115ha 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...
Read MoreMPWT Minister Meets with Korean Ambassador & Related Firms to Accelerate NR2 & 22 Construction
The Minister of Public Works and Transport HE Sun Chanthol has met with a delegation from the Republic of Korea and other stakeholders to resolve issues and accelerate the implementation of the long-delayed NR2 & 22 renovation project. The meeting was held on 6 October with the participation of the Ambassador of the Republic of Korea to Cambodia HE Park Heung-Kyeong, Director of EDCF Ms. Mi...
Read MorePM to Establish Another Development Zone in Peak Snaeng District in Addition to Run Ta Ek
Prime Minister Hun Sen has ordered Land Minister HE Chea Sopara to start preparing another new development area in Peak Snaeng commune on top of the newly Run Ta Ek zone for the people relocating from Angkor Park. Talking on 6 October, PM Hun Sen emphasized that the new Peak Snaeng development area will have all the necessary infrastructure as in Run Ta Ek. “Now that there are only 200 plots...
Read MoreGov’t Enforces New Guideline for Small-Scale Ecotourism Projects in Two Protected Zones
The Ministry of Environment (MoE) and related partners have announced the implementation of guidelines for small-scale ecotourism development projects with an area of fewer than 10 hectares in two protected zone—protected forests and biodiversity corridors. MoE Secretary of State HE Rath Virak said on 3 October that the technical guidelines are necessary to effectively manage procedures, prepar...
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