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OCIC & Malaysian Association Expand Cooperation in Boosting Construction & Real Estate Sector
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...
Read MoreKampong Spue Stadium Officially Inaugurated
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...
Read MoreLong-Term Foreign Residents Get Free Visit to Angkor
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...
Read MoreFive Investment Projects Worth Over US$82m Approved for Kandal, Kep, K. Thom & PP
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...
Read MorePM: Governors Must be Accountable for Public Infrastructure, Not Overly Rely on MPWT
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 ...
Read MorePM leans towards subway construction over skytrain for Phnom Penh mass transit
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...
Read MoreMOISTI signs contract to build a large water treatment plant in Kampong Cham
The Ministry of Industry, Science, Technology, and Innovation (MOISTI) has contracted with Beijing Urban Construction Group Co., Ltd (BUCG) to build a raw water pumping station, water treatment plant and water supply network in Kampong Cham province. This is according to the signing ceremony on August 29, 2022. When this project is completed, the new water treatment plant will have a production...
Read MoreSamdech Techo Hun Sen Break Ground For US$46 million Flyover Construction
Samdech Techo Hun Sen, Prime Minister of Cambodia breaks ground on August 31 for the construction of two flyovers with a total cost of $46.7 million. The groundbreaking ceremony for the flyover is held on Samdech Techo Hun Sen Boulevard, well-known as 60 meters street. One of the flyovers is located at the intersection of Samdech Techo Hun Sen Boulevard, Preah Monivong Boulevard, and Royal C...
Read MoreMoE urges to establish a seabed national park in Kep province
The Ministry of Environment (MoE) is studying the establishment of a seabed national park in Kep to become a new tourist resort and attract more tourists, as Cambodia already has two seaside national parks. This was stated by HE Net Pheaktra, Secretary of State and Spokesperson of the Ministry of Environment on August 30, 2022. He said that at the request of the Kep Provincial Administration, t...
Read MoreIndia Builds Gigantic Religious Monument, Larger Than Cambodia’s Angkor Wat
The International Society for Krishna Consciousness (ISKCON) has announced the opening of the world's largest religious monument worth about US$100 million in 2024, according to the Economic Times on 29 August 2022. Named the Temple of Vedic Planetarium, the temple is located in Mayapur, West Bengal. When completed, it will be bigger than the St. Paul's Cathedral located in the Vatican, the Taj...
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