PHNOM PENH: Dr. Hor Sereyvath, President of the Association of Investors, Innovation, and Development (IDI) and Chairman of the Board of ID Capital Plc. (IDC), hosted the 6th meeting on… Read More »IDI meets IDC to discuss CP ALL cooperation and other investments
PHNOM PENH: According to the Ministry of Tourism’s most recent forecast, Cambodia will receive 1.5 million to 2 million international tourists in 2022. Cambodia received approximately 1 million international tourists… Read More »International tourists increased nearly 600% in 8 months
PHNOM PENH: On August 31, 2022, the Cambodia Development Council (CDC) approved five investment projects totaling approximately US $ 82.7 million, which could result in the creation of hundred jobs.… Read More »5 investment projects worth nearly $100 million approved by CDC
PHNOM PENH: Chief Tower, an international mixed-use business center, is preparing to finish its planned construction by bringing an international hotel brand to Phnom Penh. Chief Tower is owned by… Read More »Phnom Penh to see a new 40th-floor high mixed-used building
PHNOM PENH: On the morning of August 31, 2022, Samdech Techo Hun Sen officiated at the groundbreaking ceremony to construct two new flyovers in Phnom Penh. On that occasion, Samdech… Read More »Another $60 million bridge project on the Bassac River to begin next year
PHNOM PENH: Over the weekend, approximately 50 Japanese investors led by the President of the Japan Business Association in Cambodia met with successful Cambodian business people to learn about the… Read More »A big group of Japanese investors pays a visit to Kingdom
PHNOM PENH: The country’s political stability and social security in while development in all fields, both domestic and foreign investment in the construction sectors has been strong and has contributed… Read More »Cambodia’s construction investment reached $31 billion in five years
ASIA: Beijing Daxing International Airport (PKX), also known as Beijing New Airport, is the world’s largest. The mega-airport hub is capable to handle up to 45 million passengers per year… Read More »The world biggest airport capable to serve 100 million passengers
AKP Phnom Penh, August 24, 2022 —
The Ministry of Land Management, Urban Planning and Construction has issued 2,000 construction permits with a total investment value of US$1,206 million in the first half of this year.
The registered construction sites covered a total area of 2.8 million square metres, according to the ministry’s report released at a press conference held here on Wednesday by the Royal Government Spokesperson Unit.
China is the leading investor in construction and real estate sectors in Cambodia, followed by South Korea, Japan, and Thailand, said the ministry’s Secretary of State H.E. Ly Rasmey.
Political stability and social security in Cambodia have made significant progress in the construction sector which has played an important part in the economic development, fulfilling the basic objectives of social development by creating a lot of jobs for the people, he said.
“The construction sector has significantly contributed to the country’s economic development,” he said.
Construction is one of the four pillars supporting the Kingdom’s economy. Three other sectors are garment export, tourism and agriculture.
According to the Ministry of Land Management, Urban Planning and Construction, from 2000 to June 2022, Cambodia had granted licences to 57,590 construction projects across the country with a total investment capital of US$66.2 billion.Read More »US$1.2 Billion-Worth Construction Projects Approved In H1
PHNOM PENH: Chairman of Thai company CP ALL, owner of 7Eleven, discusses with Chairman of ID Investors Association and ID Capital Plc. Expand the market for Cambodian products and increase… Read More »IDI and CP ALL to expand Cambodian products in Thailand consuming market
PHNOM PENH, Cambodia (August 25, 2022) – Hyatt Regency Phnom Penh is nurturing the next generation of Khmer hospitality personnel via a new collaboration with Cambodia’s National Institute of Entrepreneurship… Read More »Hyatt Regency Phnom Penh Helps Nurture next generation of Hospitality Stars
