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ខ្មែរ Projects Development
Construction Starts on Aeon Mall Multifunctional Logistics Centre
- 12 May 2022
The ground has been broken on the multifunctional logistics centre of Aeon Mall (Cambodia) Co Ltd in Sihanoukville SEZ, according to the official website of the Preah Sihanouk Provincial Administration, published from the opening ceremony of Krong Pali on 11 May 2022. Aeon Mall will operate this centre equipped with the necessary licenses required for cross-border E-commerce businesses includin...
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CDC Approves Four Investment Projects Worth Over US$13M in PP, Kandal, Kampong Speu & Takeo
- 11 May 2022
The Council for the Development of Cambodia (CDC) has given permits to 4 private firms to invest in 4 projects worth US$13.9 million in Phnom Penh, Kandal, Kampong Speu and Takeo. The first company is GLORY LIGHT (CAMBODIA) INTERNATIONAL CO., LTD., investing US$3.2 million in building a factory to produce kitchen and office materials (made of cloth and paper) in Phnom Penh. The second compan...
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Mlech Water Treatment Facility in Kampot Worth Over US$2M Officially Inaugurated
- 11 May 2022
The Mlech water treatment facility located in Bak Nim Village, Chres Commune, Chum Kiri District, Kampot province, and worth over US$2.66M was officially inaugurated on 10 May 2022. Construction on the water treatment and water supply system as well as other infrastructures began on 24 December 2018 and completed the water production test process on 9 June 2020. This facility has the capacit...
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US-ASEAN Business Council to Mobilise US Energy Companies to Invest in Cambodia
- 7 May 2022
The US-ASEAN Business Council will mobilize more US energy companies to invest in Cambodia as Cambodia develops rapidly in the energy sector, including in oil and gas. The remarks were made by HE Michael W. Michalak, Senior Vice President and Regional Managing Director of the US-ASEAN Business Council, during a meeting with HE Suy Sem, Minister of Mines and Energy on 5 May. During the meetin...
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Japan to Loan the Philippines US$2.2bn for Metro Manila Rail Project
- 6 May 2022
The Japanese government, via the Japan International Cooperation Agency (JICA), has agreed to loan $2.2bn to the Philippine government for the first phase of its Metro Manila subway rail scheme, reported GCR. The project will include 15 underground stations and around 27km of track between Valenzuela City in the north of Metro Manila and Pasay City in the south. As well as the stations and the...
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Gov’t Approves Six Investment Projects Worth Over US$150m in PP, Kandal, Kampong Speu, Takeo & Sihanoukville Provinces
- 5 May 2022
The Council for the Development of Cambodia (CDC) has approved private investments of more than US$152.6 million to establish five factories and a business center in Phnom Penh, Kandal, Kampong Speu, Takeo, and Sihanoukville. According to the Prakas of the Council for the Development of Cambodia on 5 May 2022, there are six companies that the Cambodian Investment Committee of the Council for th...
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Ground Broken on US$1.5 billion International Port in Kampot Province
- 5 May 2022
Construction began on an international deep-sea port in Kampot province on Thursday 5 May 2022 with an investment of US$1.5 billion, which will be a major connection for Cambodia's maritime transport. The ground-breaking ceremony for the international deep-sea port was held on 5 May under the auspices of Deputy Prime Minister HE Chea Sophara, Minister of Land Management, Urban Planning and Cons...
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Hong Lai Huat to Sell Up To US$50m Worth of D’Seaview Units in Cambodia
- 4 May 2022
Hong Lai Huat, on 4 May, announced that it has entered into a term sheet with Fabi Capital, where it will grant the latter the right to purchase up to US$50 million worth of residential and commercial units in D’Seaview. D’Seaview is the company’s upscale mixed-use development project located in Cambodia’s Sihanoukville province. It comprises 737 residential units and 67 commercial units and si...
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Gov’t Approves Three Investment Projects Worth Over US$18m in PP & Kampong Speu
- 3 May 2022
The Council for the Development of Cambodia (CDC) has given permits to 3 private firms to invest in 3 projects worth US$18.8 million in Phnom Penh and Kampong Speu. The first company is ORIENT HONGYE (CAMBODIA) KNITTING CO., LTD., investing US$3 million in building a garment factory in Phnom Penh. The second company is KYLIN (CAMBODIA) SPORTS CO., LTD., investing US$5.3 million to establish ...
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Construction of First Phase of Bak Kheng Water Treatment Plant 60% Complete
- 3 May 2022
The construction of the Bak Kheng Water Treatment Plant, Phase 1, is now 60% complete and is scheduled to be completed as planned, according to an announcement by the Phnom Penh Water Supply Authority on 2 May. The Phnom Penh Water Supply Authority said that by the first quarter of 2022, the first phase of the project with a production capacity of nearly 200,000 cubic meters per day is 60% comp...
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