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ខ្មែរ Uncategorized
ThaiBev to Establish a US$108 Million Beverage Powerhouse in Cambodia
- 6 October 2023
Thai Beverage (ThaiBev), a prominent ASEAN food and beverage conglomerate listed in Singapore, is poised to make a significant mark in Cambodia with a staggering investment of 4 billion baht (equivalent to US$108 million). Their grand plan includes the construction of a state-of-the-art beverage and beer factory, as reported by the Bangkok Post on 4 October 2023. Thapana Sirivadhanabhakdi, CEO ...
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Japanese Investors Forge Path to Develop Construction Technical Training School in Cambodia
- 6 October 2023
Japanese investors have unveiled ambitious plans to establish a state-of-the-art construction technical training school in Cambodia, marking a significant stride in the realm of skill development and bilateral cooperation. This exciting revelation came to light during a high-level meeting held on 4 October, where former Japanese Minister of Justice, Iwaki Mitsuhide, along with representatives f...
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Siem Reap Angkor International Airport Triumphs in Non-Commercial Flight Test, Gearing Up for Commercial Operations
- 6 October 2023
Siem Reap Angkor International Airport has successfully concluded a comprehensive airport flight demonstration, clearing the way for the launch of commercial aircraft operations set for mid-October. On 5 October 2023, the airport marked this achievement with the participation of three prominent airlines: Sky Angkor Airlines from Phnom Penh International Airport, Cambodia Airways departing from ...
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CDC Approves 74 Projects Worth Over US$760 Million in Q2
- 5 October 2023
Cambodia's investment climate continues to improve as the Council for the Development of Cambodia (CDC) has given the green light to 74 new investment projects in the second quarter of 2023. This surge represents a remarkable 45% increase compared to the same period last year. According to a recent report from the Ministry of Economy and Finance issued on 25 September, the cumulative investment...
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Unveiling Marum Estate: A Visionary Landmark in Cambodia
- 5 October 2023
Phnom Penh, Cambodia - October 4, 2023 - In the heart of Cambodia's rapidly transforming and burgeoning Kandal province, Sir Stamford Raffles (Cambodia) Co. Ltd. set another milestone with the groundbreaking ceremony for its multiple award-winning township and mixed-use development, Marum Estate. Beyond marking the inauguration of construction works, the groundbreaking was a celebration of the ...
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Cambodia’s Construction Material Imports Reach US$921 Million in H1
- 5 October 2023
In the first half of this year, Cambodia imported construction materials worth an impressive US$921 million, signalling a robust market for development, according to a dynamic report from the Ministry of Economy and Finance revealing that 1,849 construction permits have been approved. While this figure reflects a 6.3% decrease from the same period in the previous year, other statistics tell a c...
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Cambodia Welcomes US$11.3m Investment for Two New Factories in Kampong Speu & Svay Rieng
- 3 October 2023
The Council for the Development of Cambodia (CDC) has given the green light to two companies set to invest a total of US$11.3 million in establishing two factories. These ventures are expected to generate a total of 1,289 job opportunities, benefitting residents of Svay Rieng and Sihanoukville. The CDC announcement on 28 September 2023, highlighted these forthcoming industrial endeavours. The f...
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US$ 19m Siem Reap Referral Hospital 100% Completed: A New Dawn in Healthcare Beckons
- 3 October 2023
The brand-new Siem Reap Referral Hospital's surgical service center, with an investment of US$19 million, has reached its pinnacle of development with 100 percent complete and is scheduled to be officially inaugurated soon. This state-of-the-art healthcare facility, realized through generous grants from the Japanese government, is poised to revolutionize healthcare services in the province. The...
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Cambodian Banks and Microfinance Inject $57 Billion in Loans into the Economy in H1 2023
- 3 October 2023
During the first half of 2023, Cambodia witnessed a remarkable surge in financial support to the economic sector. Banks and microfinance institutions disbursed an impressive sum of $57.8 billion (equivalent to 238.7 trillion riels), signifying an impressive year-on-year increase of 10.5%. This financial injection has been instrumental in driving various sectors of the economy. These substantial...
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Okhna Mong Reththy to Build 10km Trunk Road Project for Agro-Tourism Resort in Kampong Speu
- 2 October 2023
Okhna Mong Reththy has unveiled plans for a 10-kilometre trunk road within the Mong Reththy Sen Chey agro-tourism development resort. This visionary project is poised to draw national and international tourists, as announced on Mong Reththy’s official Facebook page on 29 September 2023. The proposed lorry road will stretch for a total of 10,000 metres (equivalent to 10 kilometres), with the roa...
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