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Renovation of NR33 to Begin Soon
The renovation of NR33 connecting Kampot to Chrak Lok will begin soon, while the Ministry of Public Works and Transport has already completed the design plan. Speaking during the inspection of NR33 on 25 October, Secretary of State of the Ministry of Public Works and Transport HE Pal Chandara said that the technical team had already inspected NR33 and was ready to begin their work. “During t...
Read MoreMOE vows to fully support renewable energy development projects
The Ministry of Environment has expressed its full support for the development of renewable energy and the promotion of energy efficiency in Cambodia. This was stated by HE Eang Sophalleth, Secretary of State of the Ministry of Environment in the program "Towards Energy Efficiency and Renewable Energy in the Garment Industry in Cambodia" on October 25, 2022. The event was organized by the Globa...
Read MoreExpressway company decides to reduce truck fee
The Phnom Penh-Sihanoukville Expressway Investment Company has decided to reduce the cost of using the road for container trucks after the private sector raised concerns over the bit-costly price of using the road. The Ministry of Public Works and Transport and China Road and Bridge Cooperate discussed the toll fee, and the company decided to reduce the cost of the expressway to container truck...
Read MoreThree Investment Projects Worth US$14.1m Approved for SHV & Kandal
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest US$14.1 million in establishing three factories in Sihanoukville and Kandal province. The first firm is CHENG ZHEN YONG INDUSTRY CO., LTD, which will invest US$5.2 million to establish a shoe accessories factory located in Chak village, Bek Chan commune, Ang Snoul district, Kandal province. The sec...
Read MorePestech’s Subsidiary Disposes of Transmission System Project in Cambodia
Pestech International Bhd’s subsidiary is disposing of a transmission system project in Cambodia for US$118 million, reported the Edge Market. Pestech said its 60% indirect-owned subsidiary Diamond Power Ltd (DPL) has signed an agreement with Cambodian Transmission II Co Ltd (CTL II), a wholly-owned subsidiary of Leader Transmission Ltd, to dispose of the 230kV Kampong Cham-Kratie transmission sy...
Read MoreChinese Company wants to set up an electric car assembly plant in Koh Kong
China Matrix Technology Group-Horche Intelligent Automobile aims to invest in industrial technology by setting up a factory and assembling electric vehicles in Koh Kong province. This is according to the meeting through the online system on October 22, 2022. The meeting focused on building good relations so that Chinese investors can come to understand the land cooperation policy, human resourc...
Read MoreTwo Ring Road Constructions Worth US$140m Planned for Siem Reap
The Cambodian government plans to build two ring roads in Siem Reap city, the northern ring road and the southern ring road, to facilitate traffic in Siem Reap province. The study of the two ring roads has been recently completed, and the construction will proceed under a concessional loan from development partners, Prime Minister Samdech Hun Sen, said at a get-together meeting with the locals ...
Read MorePM: No charge for electricity connection fee in Run Ta Ek & Peak Snaeng Development Zone
Prime Minister Samdech Hun Sen has ordered Electricité du Cambodge (EDC) to not charge the electricity initial connection fee to the people living in the Run Ta Ek and Peak Snaeng developments to help ease the expense of moving to a new place. Speaking at the third meeting with local people on 21 October, PM Hun Sen said that EDC has already built the electricity infrastructure at a cost of US$...
Read MoreCambodia Urges Chinese Firm to Expand Real Estate Investment in Cambodia
The Ministry of Commerce has asked Sunwah Property (Cambodia), a subsidiary of Hong Kong-based Sunwah Group, to expand its investment in the real estate sector in Cambodia besides other successful businesses the firm operating in Cambodia. The request was made by HE Kem Sithan, Permanent Secretary of State of the Ministry of Commerce, in a meeting with the delegation of Sun Wah Property (Cambod...
Read MoreCambodia-Korea Friendship Arey Ksat Bridge in Phnom Penh to be Built in 2023
The Cambodia-Korea Friendship Bridge crossing the Mekong River from the night market to Chroy Changva and Arey Ksat, is set to begin construction in 2023, according to HE Khuon Sodary, Second Vice President of the National Assembly. HE Khuon Sodary said during a meeting with a delegation from Kyungyu, Republic of Korea, on 19 October that construction of the new Cambodia-Korea Friendship Bridge...
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