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MISTI Cooperates with IBC to Establish Water Technology Training Institute
The Ministry of Industry, Science, Technology and Innovation (MISTI), in collaboration with the International Business Chamber of Cambodia (IBC), and Max Syndicate (representing EZE Asia) are to establish a water technology training institute in Cambodia. This is according to the signing ceremony of a Memorandum of Understanding between (MISTI) (IBC) on 6 May 2022. Both parties will also coo...
Read MoreDeputy Prime Minister Chea Sophara Works to Prevent Beach Violations
Deputy Prime Minister HE Chea Sophara, Minister of Land Management, Urban Planning and Construction, and Chairman of the National Committee for Coastal Management and Development has instructed the four governors of coastal provinces to jointly maintain the coastline and prevent the construction encroachments of beaches. HE Chea Sophara made the remarks at the ground-breaking ceremony for the ...
Read MoreCambodia Requests ADB to Speed Up Census of Wastewater Treatment Sites in Phnom Penh
The Ministry of Public Works and Transport (MPWT) has requested the Asian Development Bank (ADB) in Cambodia to accelerate the census of wastewater treatment sites in Phnom Penh as soon as possible in order to find ways to address the common impact of the shortage of a drainage network in Phnom Penh. The proposal was presented at a workshop on wastewater and slush management in Phnom Penh on 5 ...
Read MoreUS-ASEAN Business Council to Mobilise US Energy Companies to Invest in Cambodia
The US-ASEAN Business Council will mobilize more US energy companies to invest in Cambodia as Cambodia develops rapidly in the energy sector, including in oil and gas. The remarks were made by HE Michael W. Michalak, Senior Vice President and Regional Managing Director of the US-ASEAN Business Council, during a meeting with HE Suy Sem, Minister of Mines and Energy on 5 May. During the meetin...
Read MoreISUZU assemble plant in Kampong Speu province starts construction
K (Cambodia) Co., Ltd, a distributor of ISUZU vehicles in Cambodia, has started building an assembly factory for ISUZU vehicles in Kampong Speu province. Kampong Speu Governor HE Vy Samnang said on Friday that the construction started in late April after Khmer New Year. He did not detail the construction project. “There is nothing changed. The process is run smoothly as planned,” he sai...
Read MoreAMK Invests US$1m in CAIC Bond to Support Techo International Airport Construction
AMK Microfinance Institution Plc. invested US$1 million on 6 May 2022 in the Techo International Airport Guaranteed Bond through private placement. The funds raised from Techo International Airport Guaranteed Bond will be used for the construction and development of Techo International Airport in Kandal province. The coupon rate of CAIC bond is 5.5% per annum with 3-year tenure and guarantee...
Read MoreGov’t Approves Six Investment Projects Worth Over US$150m in PP, Kandal, Kampong Speu, Takeo & Sihanoukville Provinces
The Council for the Development of Cambodia (CDC) has approved private investments of more than US$152.6 million to establish five factories and a business center in Phnom Penh, Kandal, Kampong Speu, Takeo, and Sihanoukville. According to the Prakas of the Council for the Development of Cambodia on 5 May 2022, there are six companies that the Cambodian Investment Committee of the Council for th...
Read MoreMinistry of Mines and Energy urges to convert coal-fired power plant to LNG power plant
The Ministry of Mines and Energy has been pushing for the conversion of coal-fired power plants into LNG-fired power plants, in line with Cambodia's commitment to fighting climate changes. The remark was made by HE Suy Sem, Minister of Mines and Energy in a meeting with HE Jyri Jarviaho, the new Ambassador of Finland to Cambodia on 5 May. Cambodia will not continue to provide coal-fired powe...
Read More6,000-Metre Avenue in Kep National Park Officially Inaugurated
A 6,000-meter-long concrete avenue named "Bopha Prasidh Avenue" around the Kep National Park has been officially inaugurated, which will serve the tourism sector in Kep province. The inauguration ceremony was held on 4 May in the presence of HE Say Sam Al, Minister of Environment, HE Cham Nimol, Secretary of State of the Ministry of Commerce, HE Som Piseth, Governor of Kep Province, and the par...
Read MoreGround Broken on US$1.5 billion International Port in Kampot Province
Construction began on an international deep-sea port in Kampot province on Thursday 5 May 2022 with an investment of US$1.5 billion, which will be a major connection for Cambodia's maritime transport. The ground-breaking ceremony for the international deep-sea port was held on 5 May under the auspices of Deputy Prime Minister HE Chea Sophara, Minister of Land Management, Urban Planning and Cons...
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