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ខ្មែរ Uncategorized
MOI Requests ADB to Build New Water Treatment Plants in Rural Areas
- 9 September 2022
The Minister of Industry has requested the ADB to help build new water treatment plants to supply clean water to people living in rural areas. According to the meeting on 7 September 2022, the proposal was made by HE Cham Prasidh, Minister of Industry at a meeting to review the progress of ADB projects. The request to build small water treatment plants is for people living in rural or remote...
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Three Investment Projects Worth Over US$16.5m Approved for Kampong Spue province & PP
- 9 September 2022
The Council for the Development of Cambodia (CDC) has decided to issue investment registration certificates with a total capital of more than 16.5 million US dollars to establish three factories in Kampong Speu and Phnom Penh. These private companies include: The first firm is CHINA TING (CAMBODIA) FASHION CO., LTD which will invest US$5.6m to establish a garment factory located in Trapeang ...
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Gov’t to Amend PP & SHV Airport Management Contracts
- 9 September 2022
The Cambodian government has set up a new inter-ministerial committee to review and amend the existing investment agreements of Phnom Penh and Sihanoukville International Airports. According to the announcement dated 7 September, the new inter-ministerial committee is chaired by Deputy Prime Minister Chea Sophara with HE Mao Havannal as the deputy chairman. The committee is responsible for r...
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Five Investment Projects Worth Over US$44m Approved for SHV & PP
- 8 September 2022
The Council for the Development of Cambodia (CDC) has given permission to private firms to invest US$44.4 million in establishing five factories in SHV province, and Phnom Penh. The first firm is Toyota Tsusho Manufacturing (Cambodia) Co., Ltd, which will invest US$36.7 million to establish an assembly plant in the Royal Group Phnom Penh Special Economic Zone. The second firm is WCFO (Cambod...
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CDC Approves 149 Japanese Investment Projects as of August 2022
- 8 September 2022
The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment of about US$2.9 billion as of August 2022. The report was presented at the 24th Meeting of the Cambodia-Japan Joint Committee held on 7 September. The event was co-chaired by CDC Secretary-General HE Sok Chenda Sophea and Japanese Ambassador to Cambodia HE Masahiro Mikami w...
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New Phnom Penh Police Commissariat Buildings Worth Over US$14m Inaugurated
- 8 September 2022
Two new Phnom Penh Police Commissariat Buildings worth over US$14 million were officially inaugurated under the presidency of Deputy Prime Minister and Minister of Interior Samdech Sar Kheng on 8 September. The first building is an administrative building that is 40m wide and 50m long with a total area of 20,000sqm and 10 floors. The second building is a three-story meeting hall that is 30...
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NR48 Expansion Project 10% Complete as of August
- 8 September 2022
The renovation and expansion of NR48 connecting Sre Ambel district and Khemarak Phoumin city in Koh Kong province is over 10% complete after multiple months of construction since early 2022. Heang Sotheayuth, a spokesperson for the Ministry of Public Works and Transport, confirmed on 8 September that by the end of August, the construction to expand and improve the quality of NR48 was 10.17% com...
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CSX: Royal Railway Eligible to Apply for Bond Listing
- 7 September 2022
The Cambodia Securities Exchange (CSX) has approved in principle that Royal Railway Plc, a subsidiary of the Royal Group, is eligible to apply for bond listing. However, to complete the bond listing process, Royal Railway must follow more conditions to get approval from the Securities and Exchange Regulator of Cambodia and meet further listing requirements of the CSX, read the press release iss...
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Cambodia Signs US$600m in New Concessional Loans in H1 2022
- 7 September 2022
The Cambodian government has signed new concessional loans with development partners worth approximately US$635 million in the first semester of this year, accounting for 30% of the ceiling permitted by law. 61% have been signed with bilateral development partners and 39% signed with multilateral development partners, according to the Cambodia Public Debt Statistical Bulletin issued by the Mini...
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Gov’t Approves Over 100 New Investment Projects Worth US$3.4bn in First 8 months of 2022
- 7 September 2022
In the first eight months of 2022, the Council for the Development of Cambodia (CDC) approved more than 100 investment projects worth approximately US$3.4 billion. According to the CDC’s reports obtained by Construction & Property News, these projects help create over 63,000 jobs for people in the areas where the projects are located. Those projects are in different sectors ranging from ...
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