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Three Investment Projects Worth US$15.7million Approved for K. Speu & Phnom Penh
The Council for the Development of Cambodia (CDC) has approved the plans of three private firms to invest US$15.7 million in building three factories in Kampong Speu and Phnom Penh. The first firm is JADE FASHION (CAMBODIA) GARMENTS COMPANY LIMITED, which will invest US$5.3 million to establish a garment factory in Chung Ruk village, Sangkat Trapeang Krasaing, Khan Por Senchey, Phnom Penh. T...
Read MoreMISTI Drafting Law on Water Supply Management
The Ministry of Industry, Science, Technology, and Innovation (MISTIC) is drafting a law on water supply management in line with the growing demand and development of Cambodia. MISTI Secretary of State HE Heng So Kong announced the update of the new draft law in the press conference on 11 August 2022. “At this stage, in order to manage the water sector more efficiently with better quality an...
Read MoreCambodia Becomes World’s 5th Largest Bicycle Exporter, Top in Europe
Cambodia currently has 13 bicycle factories with a total investment of US$112 million as of June 2022, becoming the top bicycle exporter to European and ranking as the fifth largest bicycle exporter in the world According to a report from the Ministry of Industry, Science, Technology, and Innovation, there are 12 bicycle factories in Svay Rieng province and one factory in Kandal province. Ca...
Read MoreMISTI Registers 1,900 Factories & 43,000 SMEs in Last Five Years
During the last five years, the Ministry of Industry, Science, Technology, and Innovation (MISTI) has registered a total of 1,947 factories, creating 1,044,226 jobs, according to MISTI Secretary of State HE Heng SoKong on 11 August. Cambodia currently has 13 industrial parks with 85 factories. Those parks have a total investment of US$403 million and created 62,626 jobs. Meanwhile, in the la...
Read MoreConstruction experts share tips to build high-quality yet affordable roof structure
Construction experts from ISI Steel will share tips and technics on how to build high-quality and affordable roof structures in the flagship ‘Cambodia Construction Today’ Program this upcoming Saturday. The lead expert for this week is SOMPOP SUVANHONGKUL, Business Development & Construction Consultant, where he shared his experiences from designing, fitting, choosing material, and installi...
Read MoreAustralia Provides Over US$75m to Invest in Agricultural Infrastructure through CAP-RED
Australia has pledged a fund of approximately US$75 million to support Cambodia’s economic recovery through investing in infrastructure and increasing resilience in the agriculture sector, agricultural processing, and trade. The fund was discussed during the meeting between the Minister of Agriculture, Forestry and Fisheries HE Veng Sakhon and Australian Ambassador to Cambodia HE Pablo Kang on ...
Read MoreMultinational Firm Arup Mulls Building MRT Transport System in Cambodia
Multinational firm Ave Arup Limited has expressed interest in cooperating with the Cambodian government to build an MRT transport system. Arup representatives in Cambodia, Vietnam, Thailand, and the United Kingdom met with the Ministry of Public Works and Transport (MPWT) last week to discuss the matter. The firm stated in the meeting that they wish to learn more and be involved in the devel...
Read MoreMines Ministry Issues Sand Dredging Licenses in Rivers & Streams for Over 2,000ha to Date
The Ministry of Mines and Energy has clarified that sand mining businesses along rivers and streams are carefully monitored and studied before getting their licenses issued while revealing that to date licensed sand mining activities cover an area of over 2,000ha. HE Ung Dipola, Director-General of the General Department of Mines and spokesman for the Ministry of Mines and Energy, acknowledged ...
Read MoreConstruction Begins on Major New Road in Prey Veng Province
Construction has officially begun on a new 10km road in Prey Veng province, with the road being upgraded to DBST and concrete. The road connects Chi Poch village to Pra Hear village in Mesang district, Prey Veng province. This project is being built under the National Restoration of Rural Productive Capacity Project (NRRPCP) 2021-2023 with a total budget of US$67 million US dollars, of which...
Read MoreNew Gold Mining Firm Starts Trial Operation; Over 20kg Extracted
Another private company, Delcom Campuchea PLC Ltd, started a trial operation on gold production in Preah Vihear province in early August and to date has extracted over 20kg of gold. HE Ung Dipola, Director General of the General Department of Mineral Resources, Ministry of Mines and Energy, provided this figure at a press conference on 09 August. “Cambodia has a new company, Delcom, which is...
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