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ខ្មែរ Uncategorized
MEF: Cambodia’s Economic Growth Projected at 4.8% in 2022
- 17 August 2021
The Ministry of Economy and Finance has forecasted the kingdom’s economic growth in 2022 at 4.8% due to the gradual positive recovery signs driven by the effective vaccination campaign. Speaking at the seminar on the macroeconomic policy framework and public finance 2022 on the morning of Tuesday 17 August, Minister of Economy and Finance HE Aun Pornmoniroth expected that 2022 will be a better ...
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Gov’t Approves Further US$100-million Financial Support Scheme for SME Sector
- 17 August 2021
The Ministry of Economy and Finance (MEF) has approved a financial support scheme for the SME sector Phase II with a budget of US$100 million after the first phase was successfully implemented, according to a press release on Monday 16 August. The project aims to provide low-interest loans to SMEs in prioritised sectors such as industry and services to support their businesses amid the impact o...
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Construction of National Laboratory Phase II Complete, Officially Handed Over
- 16 August 2021
Construction of the Science, Technology, and Innovation National Laboratory (STINL) building Phase 2 (Building B), located along NR2 in Sangkat Chak Angre Leu has been completed, with the handover ceremony held on 16 March. The handover ceremony was chaired between the Minister of Industry, Science, Technology and Innovation (MISTI) HE Cham Prasidh and the construction firm Ly Chhuong Construct...
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Gov’t Officially Approves Mondulkiri Tourism Development Master Plan
- 16 August 2021
The Cambodian government has officially approved the Mondulkiri Tourism Development Master Plan for 2021-2035, identifying Mondulkiri as an international eco-tourism destination and a crucial supply hub for flowers, vegetables, fruit and meat for both domestic consumption and export. Cambodian Prime Minister Samdech Hun Sen stated in a letter dated 12 August 2021that the Mondulkiri tourism sect...
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MPWT Establishes New Laboratory Centre to Strengthen Local Engineering Capability
- 16 August 2021
Minister of Public Works and Transport HE Sun Chanthol this morning broke ground on a new laboratory centre building within the Techo Sen Institute of Public Works and Transport. The project costs US$580,000, co-funded by the South Korean Ministry of Land, Infrastructure and Transport; the Korea Expressway Corporation; and Korea’s Institute of Civil Engineering and Building Technology. The l...
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MLMUPC to Reorganise & Issue New Land Usage Policy in SHV
- 16 August 2021
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has set up a technical working group to reorganise land usage and issue a new land-use policy in Sihanoukville. The establishment of this team is part of the government’s master plan to transform Sihanoukville into a multi-purpose economic zone. According to decision letter No. 037 issued on 13 August 2021, the working...
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Gov’t Approves US$20-million SHV’s Third Large-Scale Water Treatment Station
- 16 August 2021
The Cambodian government has officially approved the construction of a third large-scale water treatment station project in Sihanoukville, which is expected to cost approximately US$20 million obtained from the national budget for tourism development. The approval was revealed in the press release of The National Committee for Coastal Management and Development (NCCMD) published on Friday 13 Au...
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Gov’t Approves Proposed New Public Beach Resort Development in Kep
- 14 August 2021
The Cambodian government has officially approved a project to transform a 2.7-kilometre-long section of muddy beach from the Crab Market to a mangrove forest zone in Phum Thmey village in Kep province into a public beach resort. The approval was revealed in a press release by the National Committee for Coastal Management and Development (NCCMD) published on Friday 13 August. This public beac...
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Two Factories Worth Over US$5 million Approved for Kandal & Takeo
- 14 August 2021
The Council for the Development of Cambodia (CDC) approved two investment projects on Friday 13 August worth US$5.5 million for Kandal and Takeo provinces. The first investment permit has been granted to Collaboration Packaging Material Products Co., Ltd to invest US$4.1 million to build a bag and shoe accessories factory in Angk Snuol district in Kandal province. The second is Chasefire Out...
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SHV Autonomous Port Posts 455% Net Income Increase in H1 2021
- 13 August 2021
Sihanoukville Autonomous Port posted an H1 net profit increase of 455% y-o-y as it considers building additional infrastructure to meet the demand of service and economic growth. The port stated in its Second Quarterly Report issued on 12 August that the January-June net profit was 14,075 billion riels (approximately US$12.48 million), a year-on-year increase of 455%. The increase in income ...
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