Uncategorized

Australia to Provide US$65million Grant Aid for Three Priority Sectors in Cambodia

Australia plans to provide US$65 million in grant aid to Cambodia for the development of three priority sectors for a five-year period from 2022 to 2027. According to a meeting between the Minister of Economy and Finance and the Australian Ambassador to Cambodia on 31 March 2022, this grant will support the development of sectors such as agriculture, trade and investment, and infrastructures su...

Read More

Over 200 Korean Investment Projects Worth US$5bn Registered in Cambodia as of February 2022

The Council for the Development of Cambodia (CDC) has registered 219 Korean investment projects worth a total of US$5 billion as of February 2022, a large part of which are construction and real estate projects. The figures were presented during a meeting between CDC Secretary-General HE Sok Chenda Sophea and South Korea’s Minister of Government Policy Coordination HE Koo Yun-cheol on 30 March....

Read More

Two New Investment Projects Worth US$5.4 million Approved for PP & K. Speu

The Council for the Development of Cambodia (CDC) has given permits to two private firms to invest in two projects worth US$5.4 million in Phnom Penh and Kampong Speu province. According to a CDC announcement on 31 March, Top Ningbo Fashion Co Ltd will invest US$2.4 million in building a garment factory located in Kampong Speu province’s Chbar Mon district. The factory can generate up to 603 jo...

Read More

New US$60m Ministry of Interior Headquarters 20% Complete

Construction of the new Ministry of Interior headquarters worth US$60 million is now 20% complete, with the entire project set for completion on schedule in August 2023, according to Minister of Interior Samdech Sar Kheng on 31 March 2022. The new building is 9 floors high, excluding the ground floor and parking that can accommodate 330 cars. The architectural layout is a classic Khmer style...

Read More

Landowners in 3 villages of Banteay Srei district told to present legit doc to prove ownership

Banteay Srei district and the Department of Land Management, Urban Planning, Construction and Cadastral Affairs of Siem Reap Province have required all landowners in three villages to present their legit documents to prove ownership. According to the letter dated 17 March, the order applies to landowners in Prai, Khnar, Sanday village of Banteay Srei District, while the deadline is set for befo...

Read More

SHV multi-purpose SEZ development master plan phase-I concluded

The draft study result of the master plan to transform Sihanoukville into a multi-purpose special economic zone (SEZ) Phase 1 has been completed, while the inter-ministerial team is currently evaluating and commenting on it. Held on 30 March, the evaluation meeting on the draft report was chaired by HE Aun Porn Moniroth, Minister of Economy and Finance, and attended by representatives of the Ur...

Read More

Cambodia extracts over 2.2 tons of gold ore as of March

Renaissance Mineral Limited (Cambodia) has extracted 2,275 kilograms of gold ore in nine months since the start of operation in June last year at the Mondulkiri. The gold ore refinery amount was announced by Prime Minister Samdech Hun sen at the inauguration of the Chom Chao flyover and underpass on 31 March. "In a nine-month period, we produced 2,275 kilograms of gold, but when we turned it...

Read More

US$22-million Chom Chao flyover and underpass officially inaugurated

Chom Chao flyover and underpass were officially inaugurated on 31 March to facilitate the flow of increasing traffic. The inauguration ceremony was held under the presidency of Samdech Hun Sen, Prime Minister of Cambodia. Cost of US$2 million in construction, the Choam Chao flyover and underpass took 33 months to be built by the Overseas Cambodian Investment Company (OCIC). The constructi...

Read More

Aeon Sen Sok has largest rooftop solar system among other malls in Cambodia

Japanese firm Aeon Mall (Cambodia) earlier this year added 2.19MWp solar panel to the existing 1.03MWp system on the rooftop of its Aeon Sen Sok, making the mall having largest rooftop solar power system among shopping malls in Cambodia. The total 3MWp solar panel covers 10,490 sqm on the staffs parking lot, cinema roof, main sandwich roof, TV studio roof, and customer motorbike parking lot. ...

Read More

S. Korea agrees to provide Cambodia US$1.2bn new loan package for priority projects

The government of South Korea has pledged to provide additional concessional credit packages through a new Framework Arrangement of about US$1.2 billion to Cambodia from 2022 to 2026. The new concessional loan package was announced at a meeting between Minister of Economy and Finance HE Aun Porn Moniroth and Korean Minister of Government Policy Coordination HE KOO Yun Cheol, on March 29, 2022. ...

Read More