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NBC, National Institute of Statistics Oofficially Launches Residential Property Price Index

The National Bank of Cambodia and the National Institute of Statistics of the Ministry of Planning have officially launched the Residential Property Price Index, which is measure and determines specific real estate and construction appraisals as a basis for banking institutions to avoid risks. The launching ceremony of the Residential Property Price Index was held on June 6 in the presence of H...

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Cambodia, World Bank Discusses Strategy to Reduce Logistics Costs in Cambodia

The Ministry of Economic and Finance and the World Bank discussed developing strategies to reduce logistics costs and create a more efficient transportation and logistics system in Cambodia. The discussion took place in a meeting between HE Vongsey Visoth, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Economy and Finance, and Cordula Rastogi, World Bank’s Se...

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SHV’s Third Large-Scale Water Treatment Plant 50% Complete

As of today, the construction of the third large-scale water treatment in Sangkat 4 in Sihanoukville is 50% complete, according to Sihanoukville Provincial Administration on 02 June 2022. The construction has been divided into two phases: the first phase is field construction, which finishes before Khmer New Year in 2023. The second phase is the construction of the mechanical system, which w...

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German Promises to Provide EUR30M in Loan Concession for Rural Energy Development II

German has promised to provide EUR30 million (over US$31 million) in loan concession for Energy Efficiency in Rural Supply II Project. This is according to the signing ceremony of the cooperation financing agreement between the Royal Government of Cambodia and the Government of the Federal Republic of Germany on May 31, 2022. This loan will be applied to the strengthening of energy efficienc...

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The US Seeking To Invest In Transport Infrastructure In Cambodia

US investors are looking for investment opportunities in transport infrastructure in Cambodia, as the Royal Government of Cambodia said welcomes all foreign investors who wish to invest in the transport infrastructure in Cambodia. In a meeting held on June 1 with HE Koy Sodany, Secretary of State for the Ministry of Public Works and Transport, Mr Moses An, Economic/Commercial Officer at US Amba...

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Cambodia to fill and package Sinovac Kovid-19 vaccine domestically

The Ministry of Health signed a Memorandum of Understanding (MoU) on Cooperation for filling and packaging Covid-19 Inactivated Vaccines with China’s Sinovac Life Sciences and Cambodian Pharmaceutical Enterprise, the move will enable Cambodia to package vaccines. The signing MoU ceremony was held on June 1, under the presence of HE Mam Bunheng, Minister of Health, with HE Wang Wentian, Chinese ...

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US$10-million Hospital Complex in Kandal 36% Complete

The construction of Techo Sen Koh Thom Hospital is 36% complete according to HE Sun Chanthol, Minister of Public Works and Transport, during the inauguration ceremony of Prek Chrey Commune Health Centre in Koh Thom district, Kandal province on 31 May 2022. HE Sun Chanthol said that the Techo Sen Koh Thom Hospital will be equipped with modern medical equipment in accordance with international st...

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Gov’t Approves Four Projects Worth Over US$17 million in Phnom Penh & Kandal Province

The Council for the Development of Cambodia (CDC) on 31 May 2022 approved the investment of US$ 17.1 million by private companies to establish four new factories in Kandal and Phnom Penh. According to the investment proposal of the companies, the Investment Committee of the Council for the Development of Cambodia decided to issue investment project registration certificates to the following com...

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New Port SHV Terminal Project Phase I to Start Construction at End 2022

The first phase of the new port terminal project in Sihanoukville will begin construction by the end of 2022, which will enable to handle ships carrying more than 4,000 containers. Thay Rithy, Deputy Director-General of Sihanoukville Autonomous Port, said that in recent years, Cambodia's waterway transport activities have expanded significantly, especially the loading and unloading of goods at ...

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PM Hun Sen: China Contributes Importantly to Developing Transport Infrastructure & Power

Cambodian Prime Minister Samdech Techo Hun Sen said that China is the major contributor to the development of transport infrastructure and the electricity sector in Cambodia. Speaking at the Forum on Future of Asia held on 27 May, Samdech Techo Hun Sen said that more than 3,000 km of roads and large-scale bridges have​ been built under Chinese financial support. Chinese-invested hydropower p...

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