Projects Development
KOICA to Support New National Paediatric Hospital Building worth US$16 Million
The Republic of Korea will provide US$16 million in aid to the National Paediatric Hospital to construct new infrastructures, purchase medical equipment, and build capacity for hospital staff, which will be conducted from 2022 to 2027. These projects were agreed upon via a Record of Discussion of the Strengthening Capacity of the National Paediatric Hospital which was signed between KOICA and the ...
Read MoreJapanese LED Light Factory Helps Cambodia Reduce Electricity Costs by About US$1 Million a Year
Japanese company Minebea Mitsumi produces 100% LED lamps in Cambodia and also exports to worldwide markets. So far, the company has installed 18,880 LED lights, which has reduced electricity consumption and CO2 emissions by about US$1 million a year. Mr. Yoshihisa Kanuma, CEO of Minebea Mitsumi reported on these statistics during a meeting with Samdech Techo Hun Sen on 26 July 2022. Mr. Kanu...
Read MoreCambodia Attracts Almost US$3 billion in Investment Projects in H1 2022
The Council for the Development of Cambodia has approved new investment projects and production expansion projects with a total investment of US$2,998 billion, an increase of 23.4% over the same period last year. According to the report of the Council for the Development of Cambodia, of all the new investment projects, domestic investments ranked first, accounting for more than 53% orUS$1,595 ...
Read MoreJICA Launches Smart City Approach to Solve Urban Problems in Siem Reap
The Japan International Cooperation Agency (JICA) has decided to implement a three-year project to implement a smart city approach to address urban issues in Siem Reap from May 2022 to May 2025, according to the meeting on reviewing and commenting on the pilot project of the Smart City project in Siem Reap province on 21 July 2022 This three-year implementation plan has three main objectives: ...
Read MoreFifth Largest Bottle Manufacturer in the World Invests to Expand Market in Cambodia
Swire is a leading brand of beverage bottles in the United States and the fifth largest producer of Coca-Cola bottles in the world. Swire in Hong Kong recently announced a US$1.01 billion investment to expand the Coca-Cola market in Cambodia and Vietnam, according to Nikkei Asia on 18 July 2022. "This expansion of territories is part of a broader strategy to expand the global scale, volume, ...
Read MoreConstruction of Siem Reap-Angkor International Airport 70% Complete by End 2022
The Angkor International Airport Investment (Cambodia) (AIAI) expects 70% of work to be complete on the Siem Reap-Angkor International Airport by the end of 2022. The company confirmed this in the third quarterly meeting to monitor the implementation of the project held on 11 July. HE Tekreth Samrach, Minister Delegate to the Prime Minister and AIAI Chairman of the Board of Directors, starte...
Read MoreBattambang Clean Water Supply Plant Set After MISTI Signs Construction Contract
The Ministry of Industry, Science, Technology & Innovation (MISTI) signed a contract for the construction of a water plumbing station, water treatment plant, and water supply system in Battambang Province with China Civil Engineering Construction Corporation (CCECC) on 18 July 2022. This project is a part of the Provincial Water Supply and Sanitation Project (PWSSP) financed by a US$119.17 ...
Read More162 kW Solar Project Officially Inaugurated
A 162-kW small-scale solar power supply project was inaugurated by HE Keo Rattanak, Minister Delegate to the Prime Minister, on 18 July 2022. The project is located in Koh Russey village, Prolay Meas commune, Kampong Leng district, Kampong Chhnang province, and was built with the support of Snetech Group and Chin Group. This solar power supply project has been built in response to the needs ...
Read MoreCDC Approves 4 Major Projects Worth $US96.8million
The Council for the Development of Cambodia (CDC) has approved four private companies to invest a total of approximately US$96.8 million in In Kratie, Svay Rieng and Sihanoukville provinces. 1- "L-Q New Energy Co., Ltd." will build a solar panel factory located in the UBE Snoul Special Economic Zone, Kratie province, with an investment of US$84.5 million, creating about 1,000 jobs. 2- “Eastc...
Read MoreMore than 1,000 Unfinished Buildings in Sihanoukville
Long Dimanche, Deputy Governor of Sihanoukville Province, said on 14 July that the departure of Chinese investors due to the closure of online games and the COVID-19 crisis over the past three years has left unfinished constructions scattered in Sihanoukville. "At the meeting that day, we observed that new investors who want to invest, such as real estate companies from Singapore. They took not...
Read More