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ខ្មែរ Projects Development
Construction of Ring Road 3 Over 76% Complete as of July
- 1 August 2022
Construction of Ring Road 3 around Phnom Penh was 76.87% complete by 25 July 2022, with the completion date delayed to September 2023. The update was provided by Heang Sotheayuth, a spokesman for the Minister of Public Works and Transport on 01 August. With ground broken in January 2019, Ring Road 3 has a total length of 105.9km and is costing approximately US$273 million, which is a loan fr...
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US$1.5bn Kampot Port Listed as Largest Port Project Initiated Globally in Q2 2022
- 1 August 2022
The newly announced US$1.5 billion international port in Kampot province has become the largest port project initiated globally in Q2 2022, according to GlobalData. In 2022, there are five giant port projects, of which the Cambodian port ranks first. The 5 port projects are as: Kampot Logistics & Multipurpose Port– US$ 1.5 billion With a total investment of US$1.5 billion, the port is...
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India Provides Loan of Over US$35 Million to Develop Stueng Svahab Reservoir in Kampong Speu
- 1 August 2022
The Republic of India has provided approximately US$36.92 million in loans for the implementation of the five-year Stueng Svahap Water Resources in Kampong Speu, according to a Kick-off Meeting on 30 June 2022. The meeting reviewed and discussed the five-year WAPCOS-PMC project management action plan, including: Preparation of a DPR detailed study report. Engineering procurement arrange...
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Tbong Khmum Customs & Excise Office Officially Inaugurated
- 30 July 2022
The administrative building, residential building, and infrastructure at the Customs and Excise Offices in Tbong Khmum province were officially inaugurated on 28 July 2022. The ceremony was presided over by HE Aun Porn Moniroth, Deputy Prime Minister, Minister of Economy and Finance, accompanied by HE Cheam Chansophoan, Governor of Tbong Khmum province. That Customs and Excise Office is loca...
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New US$300-million Tyre Production Factory to Be Built in 2023 in Sihanoukville SEZ
- 29 July 2022
SIHANOUKVILLE SPECIAL ECONOMY ZONE CO., LTD plans to build a new tyre production factory worth over US$300 million in H1 of 2023 in Sihanoukville SEZ, according to a meeting between Minister of Ministry of Labour and Vocational training, HE Ith Samheng and Mr Chhin Chien Kang, Chairman of the Board of Directors on 28 July 2022. HE Ith Samheng expected that the establishment of this large tyre f...
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Korea to Support Cambodia with Smart Water Management Technology Equipment in Phnom Penh
- 29 July 2022
Well-known Korean company Greentech Inc. has shown strong cooperation to develop intelligent technology to manage the water supply sector as an initial first step with the Phnom Penh Water Supply Authority. The cooperation was discussed during a meeting between HE Cham Prasidh, Minister of Industry, and the delegation of Greentech Inc Korea on the project to equip smart technology for the water...
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State to Establish 15 and Upgrade 7 Medical Facilities Nationwide
- 28 July 2022
The Ministry of Health and Ministry of Interior has decided to establish 13 new health centres, 1 new referral hospital, 1 new health post, upgrade 2 referral hospitals and 5 health posts to be health centres throughout the country, according to the Inter-Ministerial Prakas No. 031 dated 26 July 2022. The 13 new health centres will include: Dey Krahorm Health Centre in Oddar Meanchey provi...
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As of June 2022, Singapore Invests in 127 Projects Worth about US$1.53 Billion
- 27 July 2022
As of June 2022, Singapore has invested in 127 major projects worth about US$1.53 billion in areas such as infrastructure, tourism, manufacturing, and other sectors, according to the workshop on Understanding Cambodia: Understanding Business Opportunities in Cambodia on 26 July 2022. Singaporean Ambassador to Cambodia HE Teo Lay Cheng said Singapore was among Cambodia's five largest foreign inv...
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CDC Approves Two Major Projects Worth US$14.3million in Kampong Speu & Kandal Provinces
- 27 July 2022
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. BEST BEAUTY COMPANY LIMITED...
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MLMUPC approves 1,679 construction projects with an investment value of US$950 million in H1
- 27 July 2022
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 million, down 59.5 percent compared to the same pe...
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