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2,235 Construction Projects Worth Over US$2.5 billion Approved in H1, Down by 28% Y-O-Y
During the first half of 2021, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) issued permits for a total of 2,235 construction projects with an estimated investment value of US$2.5 billion, down by 28 % compared to the same period last year. MLMUPC Secretary of State HE Lao Tipseiha confirmed the numbers with PNN TV broadcast on Monday 23 August. He added said that...
Read MoreSihanoukville Selected as ASEAN Tourism Forum 2022
The government has decided to select Sihanoukville as the venue for the 40th ASEAN Tourism Forum in 2022, and the government has also pledged to continue upgrading and improving the infrastructure system in the province, according to Tourism Minister HE Thong Khon during a site inspection on Monday 23 August. According to the plan, the 40th ASEAN Tourism Forum will be held at Sokha Hotel in Sih...
Read MoreMPWT Speeding Up Prep Work on NR33 Upgrade Project Connecting Kampot to VN Border
The Ministry of Public Works and Transport and the Ministry of Economy and Finance are speeding up the review and evaluation work for the NR33 rehabilitation project connecting downtown Kampot to the Prek Chak Vietnamese border, with construction expected to begin soon. Secretary of State of the Ministry of Public Works and Transport (MPWT) HE Pal Chandara said during an inter-institutional mee...
Read MorePower Plants, Livestock Farms & Factories Worth Over US$63m Approved for 5 Provinces
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$63.5 million in building a power plant, solar park, livestock farm, and several other factories in Kandal, Kampong Thom, Sihanoukville, Takeo and Kampong Speu. According to a CDC announcement on Monday 23 August, those seven companies include: 1. Ethan Metal Manufacture Co., Ltd., which...
Read More7-Eleven store opening in Phnom Penh delayed to year’s end
The plan to open Cambodia’s first 7-Eleven store has been delayed due to the surge in the community outbreak, with a new opening date expected to be by year’s end, according to CP All Chief Financial Officer Kriengchai Boonpoapichart. CP All (Cambodia) Plc, the master franchisee of 7-Eleven Cambodia, set an initial plan to open the first branch this July at the Prek Phnov PPT gas station by Jun...
Read MoreNR48 Renovation Project to Begin in November; Construction Agreement Signed
The Korean-funded NR48 renovation project connecting NR4 to Koh Kong province is scheduled to begin construction on 1 November, as the construction agreement contract has been already signed between the relevant parties. The signing ceremony was held on the morning of 23 August via ZOOM under the chairmanship of Minister of Public Works and Transport HE Sun Chanthol and joined by the representa...
Read MoreChinese Firm Requests Cooperation with OCIC on Four Major Development Projects
A Chinese firm owned by a millionaire investor is requesting cooperation with Canadia Group and OCIC on four major development projects in Cambodia including the new Phnom Penh Airport, Koh Norea Boeung 500, and an industrial park project along NR51; citing millions of dollars being prepared to inject into Cambodia. The joint venture proposal and negotiation was facilitated by a local firm LSCG...
Read MoreNew 50-hectare Wastewater Treatment Plant Planned for Kampong Chhnang
The Kampong Chhnang Provincial Administration is demarcating a 50-hectare land plot in the Boeung Thom area to prepare for the construction of a standardised wastewater treatment plant in Kampong Chhnang town soon, according to a stakeholder meeting on Sunday 22 August. Kampong Chhnang Deputy Governor HE Born Sophy said the plant will be on a large scale and will be built with high technical st...
Read MoreAng Snoul District Attracts 10 Investment Projects Worth Over US$36 million in First 8 Months
During the first eight months of 2021, Ang Snoul district in Kandal province has attracted at least 10 investment projects approved by the Council for the Development of Cambodia (CDC) worth more than US$36.5 million. The latest project was approved by CDC last week, which is a US$2.5-million garment factory investment by Auspicious Bag & Shoes Accessories Co., Ltd. According to CDC, thi...
Read MoreWorld Bank to Fund Construction of New Standard Landfill in Kandal Province
The Kandal Provincial Administration has selected the Prek Reang area in Saang district, Kandal province to establish a standardised landfill to improve solid and plastic waste management throughout the province. Director of the General Administration Department of the Ministry of Interior HE Prak Sam Oeun and Kandal Governor Kong Sophoan co-inspected the site on Friday 20 August. According ...
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