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ខ្មែរ Uncategorized
US$4-million Investment Project Approved for Kampong Speu
- 19 October 2021
The Council for the Development of Cambodia (CDC) has recently given a permit to a private firm to invest US$4 million in building a garment factory in Kampong Speu province. The firm, Garment (Cambodia) Co., Ltd, will establish a garment factory in Serey Phat village, Po Angkor commune, Bor Seth district. According to the CDC, the project will help create 1,034 jobs for local people. Dur...
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US Firm Fluence to Equip 3rd SHV Water Treatment Plant with Latest Technology
- 18 October 2021
US-headquartered Fluence Corporation has secured a US$8.5 million contract to equip its MABR technology at a wastewater treatment plant in Sihanoukville, Cambodia. The company has signed a contract with the Ministry of Land Management, Urban Planning and Construction for US$8.5 million, the firm said in a recent announcement. Under the contract, Fluence Corporation will equip three MABRs, us...
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Chinese Firm’s Studies on Mondulkiri Airport Project Disrupted Due to COVID-19
- 16 October 2021
The study of the Mondulkiri Airport project by a Chinese company is behind schedule due to COVID-19. State Secretary of Civil Aviation (SSCA)’s spokesman HE Sin Chansereyvutha said on Thursday 14 October that a team of Chinese companies could not visit and evaluate the site due to the required measures related to COVID-19. "The study has been affected. Experts have not been able to travel to...
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Siem Reap 38-Road Renovations 80% Complete
- 14 October 2021
Despite the ongoing COVID-19 restrictions in Siem Reap, the construction of the 38-road renovation project remains on track, and now over 80% complete, according to a progress update meeting on Wednesday 13 October. Siem Reap Deputy Governor Pin Prak said during the meeting that the entire project could reach final completion by the end of the year and be officially inaugurated for public usage...
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Cambodia Establishes Digitalised Manufacturing Centre
- 14 October 2021
The Japanese government, through the Embassy of Japan in Cambodia, has provided approximately US$4.5 million to support the operation of a digitalised manufacturing centre, located at the Royal University of Phnom Penh. The grant was announced at a press conference on 14 October under the chairmanship of RUPP Chair of board HE Dr Mey Kalyan, Japanese Ambassador to Cambodia HE Mikami Masahiro, a...
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CDC Approves 134 Investment Projects Worth US$3.3bn in First Three Quarters of 2021
- 13 October 2021
During the first three quarters of 2021, the Council for the Development of Cambodia (CDC) has approved a total of 134 investment projects worth over US$3.3 billion, according to a CDC report published in Freshnews. The report added that the number of projects decreased by 24.7% while the investment also dropped by 48%, compared to the same period last year, but have generated over 85,572 jobs ...
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ADB to Provide US$100 billion in Climate Financing to Developing Countries
- 13 October 2021
The Asian Development Bank (ADB) announced on 13 October 2021, that it is ready to provide US$100 billion in climate financing to developing member countries including Cambodia for 2019-2030.The increased financial ambitions are an important part of ADB's efforts to support its developing member countries (DMCs), according to a press release.Climate change mitigation projects, including energy ...
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EU Provides US$17 million for Cambodia’s Rural Infrastructure Development
- 13 October 2021
The European Union through the Europe Investment Bank (EIB) will provide a €15 million grant aid (approximately US$17 million) to Cambodia for rural infrastructure development. The grant is part of the project to accelerate the implementation of the Sustainable Assets for Agriculture Markets, Business and Trade (SAAMBAT), according to a press release issued on 4 October. SAAMBAT is a US$120 ...
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Draft Master Plan to Digitalise Cambodia’s Transport Sector on Track
- 13 October 2021
Work on drafting a master plan to digitalise Cambodia’s public works and transport sector is on track, as a special working group of the Ministry of Public Works and Transport (MPWT) is accelerating the progress. MPWT Secretary of State HE Chhuon said during the follow-up meeting with relevant officers on 12 October that to date the working group has already achieved the collection of documents...
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Construction of ADB-funded landfill in Kep 90% complete
- 12 October 2021
Construction of an 8-hectare landfill in Prey Thom commune of Kep city has been over 90% completed as of September 2021, while the completion date will be delayed from October this year to early next year. According to a report from the Kep Provincial Administration, the landfill project is being built under an ADB loan under the ADB’s Greater Mekong Sub-region Tourism Infrastructure for Inclus...
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