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ខ្មែរ Uncategorized
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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Major New Road in Stung Treng Officially Inaugurated
- 7 September 2022
A newly built major road in Borey O’Svay Senchey district in Stung Treng province was officially inaugurated under the presidency of Governor Svay Sam Eang on Tuesday 6 September. This road is a DBST type with a length of over 10km and a width of 7m (Provincial Road No. 379A). The road is equipped with over a hundred drains to prevent flooding. The road was built in two phases, 4.4km of whic...
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OCIC & Malaysian Association Expand Cooperation in Boosting Construction & Real Estate Sector
- 6 September 2022
Overseas Cambodian Investment Corporation (OCIC) and Malaysia Retail Chain Association (MRCA) have signed more MoUs to boost their respective lines of business in Cambodia. According to the OCIC announcement on 5 September, the cooperation will help expand both parties' businesses including shopping centers, aviation, satellite city development, real estate development, construction and constru...
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Kampong Spue Stadium Officially Inaugurated
- 6 September 2022
Kampong Speu Provincial Stadium was officially inaugurated on 6 September under the presidency of the Deputy Prime Minister and the Minister of Land Management, Urban Planning and Construction HE Chea Sophara. Located in Ta Mol Village, Sangkat Chbar Morn, Chbar Morn City, Kampong Speu Provincial Stadium is a standardised size stadium spreading over 4 hectares of land. HE Chea Sophara said t...
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Long-Term Foreign Residents Get Free Visit to Angkor
- 2 September 2022
The Angkor Enterprise has announced a new scheme allowing long-term foreign residents to apply for a visit to the Angkor and Koh Ker temples complex once a year, free of charge. The scheme is to promote domestic tourism as well as provide incentives to foreigners staying in Cambodia. “All foreigners who have been staying in the Kingdom of Cambodia – Diplomats, investors, international organi...
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Five Investment Projects Worth Over US$82m Approved for Kandal, Kep, K. Thom & PP
- 1 September 2022
The Council for the Development of Cambodia (CDC) has given permission to private firms to invest US$82.7 million in building five factories in Kandal, Kep, Kampong Thom, and Phnom Penh. The first firm is KITATSU SOLAR (CAMBODIA) CO., LTD, which will invest US$23.4 million to establish a solar panel factory along NR5 in Tumnup Thom village, Ponhea Leu district, Kandal province. The second fi...
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PM: Governors Must be Accountable for Public Infrastructure, Not Overly Rely on MPWT
- 31 August 2022
Cambodian Prime Minister Samdech Hun Sen has strongly ordered provincial and district governors to be responsible for public infrastructure development and maintenance and not overly rely on the Ministry of Public Works and Transport (MPWT). Said during the ground-breaking ceremony of two flyovers on 31 August, PM Hun Sen also warned that the government position is not created to be there as a ...
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PM leans towards subway construction over skytrain for Phnom Penh mass transit
- 31 August 2022
Cambodian Prime Minister Samdech Hun Sen is leaning toward subway construction over the skytrain option for the long-awaiting Phnom Penh mass transit project, emphasizing subway cause less impact. Speaking at the groundbreaking ceremony of two new flyovers in Phnom Penh on 31 August, PM Hun Sen said that the subway option could be better than others. “If we take the US$1.8-billion AGT projec...
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