US$20-million Electric Motorcycle Assembly Plant in Kandal Province Launched

Inion Mobility Co., Ltd. launched officially its motorcycle and tricycle assembly plant on 24 May 2022, becoming the first electric vehicle assembly plant in Cambodia. Located in Sovannaphum Special Economic Zone, Kien Svay district, Kandal province, the motorcycle, and electric tricycle assembly plant has a total investment of over US$20 million. The investment is for building infrastructur...

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New Kompong Popil Market in Prey Veng Worth Over US$1M Officially Inaugurated

Samdech Krolahom Sar Kheng, Minister of Interior, officially inaugurated the new Kompong Popil Market worth about US$1.47 million in Kompong Popil commune, Pea Reang district, Prey Veng province on 24 May 2022. Construction on the market began in February 2021 and was completed in April 2022 under the support of Samdech Sar Kheng and other donors and replaced the old market which was destroyed ...

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Ministry of Public Works, World Bank Discuss Infrastructure Development

The Ministry of Public Works and Transport and the World Bank have discussed road infrastructure development projects and wastewater treatment plants in Cambodia. The discussion was held on 24 May between the Acting Minister and Secretary of State HE Touch Chan Kosal and Benedict L.J Eijbergen, World Bank Transport Manager. During the meeting, the two sides discussed the installation of EV c...

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SSEZ’s export-import amount increase by 50 percent in four months

The value of the import-export value of Sihanoukville Special Economic Zone has increased significantly in the first four months of 2022, reflecting the strong development and activities in the zone. The report of the Sihanoukville Special Economic Zone shows that the total import and export volume​ amounted to US$930 million in the first four months this year, increasing by 50 percent compared...

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308-hectare eco-tourism development investment project receives in-principle approval

The relevant authorities approved a 308-hectare eco-tourism development investment project in Sre Ambel district, Koh Kong province, while the project owner was requested to prepare a details investment and business plan and submit it to the Ministry of Environment for review and decision. Relevant officials led by a senior official at the Ministry of Environment, department of environment, and...

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Gov’t Approves Two Investment Projects Worth $US6M in Takeo and Kampong Speu

The Council for the Development of Cambodia (CDC) on May 20, 2022, approved a private company to invest in a total of 6.1 million US dollars in the construction of two factories in Kampong Speu and Takeo provinces. According to the investment request of the company, the Investment Committee of Cambodia of the Council for the Development of Cambodia decided to issue the investment project regist...

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India Plans to Connect to Cambodia by Highway

The Royal Government of Cambodia and the Government of India have discussed the implementation of the India-Myanmar-Thailand Expressway project and the expansion to Cambodia, Laos, and Vietnam. The discussions were held between Cambodian Prime Minister Samdech Techo Hun Sen and his Indian counterpart HE Narendra Modi via an online video on 18 May. During the meeting, the two sides stressed t...

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U.S. Makes US$150 Million Commitment to ASEAN

The United States has promised to spend US$150 million on Southeast Asian infrastructure, security, pandemic preparedness, and other efforts. The information was announced by U.S. President Joe Biden at the start of a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in Washington. Biden’s administration hopes the efforts will show the countries that Washington...

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Ministry Urges Anco to Implement 333-Hectare Project Quickly

The Ministry of Environment has requested Anco Water Supply Co Ltd to prepare a clear legal procedure and business plan for a 333-hectare water supply business investment project in Kirisakor district, Koh Kong province. According to the report on work review in 2021 and set objectives in 2022 of the Koh Kong provincial administration, the Ministry of Environment has approved in principle inves...

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Singapore Plans to Invest $US540M in Sustainable Energy in Vietnam

SP Group, a Singaporean state-owned electricity and gas distributor, has pledged an investment of S$750 million (US$540 million) for sustainable energy in Vietnam. The company will support the country's transition to green energy by providing solutions for both the public and private sectors, its CEO Stanley Huang said at a press conference VN Express reported on 13 May. In 2021, the company...

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