Cambodia projects a robust economic growth in 2024
PHNOM PENH: Cambodia's economy is expected to achieve a 6.6 percent growth rate in 2024 thanks to the continued good tendency of the industry, service, and agriculture sectors, the main…
Cambodia to create over 2,200 jobs with three new investment projects
PHNOM PENH: The Council for the Development of Cambodia (CDC) yesterday approved three new investment projects worth US$12.8 million, which are expected to create over 2,200 jobs for locals. The…
6 new investment project worth over $30M create new 7600 jobs
PHNOM PENH: Six new investment projects with a total capital of $34.6 million were approved by the Council for the Development of Cambodia (CDC) last week. According to a CDC's…
MLC to sponsor Cambodia’s 9 cooperation initiatives this year
PHNOM PENH: Cambodian foreign minister Prak Sokhonn, and Chinese ambassador to Cambodia, Wang Wentian, will co-sign the Agreement on the Cooperation on Projects of the Mekong-Lancang Cooperation (MLC) Special Fund…
New Kep province $10.5M coastal road underway
PHNOM PENH: The construction of over 11 kilometers of coastal road that links Koh Tonsay Port in Kep Province to Angkor Beach is underway and is currently about 60 to…
A historic navigation road project requires $1.7 billion investment
PHNOM PENH: The Inter-Ministerial Commission for the Study and Implementation of the Tonle Bassac Navigation and Logistics System Project has estimated that the ambitious project will cost approximately $1.7 billion…
Multi-million dollars Le Basacc Condominium remains in limbo
PHNOM PENH: Despite being inaugurated, the Le Bassac Condominium project has remained stagnant without any updates or progress for several years, much to the frustration of interested parties. This high-profile…
Shanghai Baoye secures contract for 26-story Norodom Business Center
PHNOM PENH: Exciting news for Shanghai Baoye as they have won yet another construction contract overseas. The Norodom Business Center project will be located in Phnom Penh, Cambodia, specifically on…
$30 million tourism resort project in Koh Kong province approved
PHNOM PENH: A tourism resort development investment project has received the green light from the Council for the Development of Cambodia (CDC). With an investment capital of US$30 million, the…
Japan provides over fund to support two projects in three Cambodian provinces
PHNOM PENH: The Government of Japan will provide US$209,197 in total to support a bridge construction in Kampong Thom province and to strengthen the poultry value chain in Kampong Chhnang…
Japan’s SMBC interests in Cambodian multibillion projects
PHNOM PENH: Japan-based Sumitomo Mitsui Banking Corporation (SMBC) currently is looking for opportunities to collaborate with the Royal Government of Cambodia, including two multibillion-dollar Cambodian projects. The commitment was made…