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		<title>Cambodia&#8217;s Infrastructure Surge: A $6 Billion Investment in the Future</title>
		<link>https://estatedia.com/cambodias-infrastructure-surge-a-6-billion-investment-in-the-future/</link>
					<comments>https://estatedia.com/cambodias-infrastructure-surge-a-6-billion-investment-in-the-future/#respond</comments>
		
		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Fri, 09 Aug 2024 03:11:13 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=16556</guid>

					<description><![CDATA[<p>PHNOM PENH: The Royal Government of Cambodia is undertaking a massive infrastructure development initiative, with four key projects totaling over $6 billion. This ambitious plan aims to transform the country&#8217;s transportation and trade landscape, fostering economic growth and improving connectivity. Phnom Penh-Bavet Expressway Launched in June 2023 under the leadership of former Prime Minister Hun&#8230;&#160;<a href="https://estatedia.com/cambodias-infrastructure-surge-a-6-billion-investment-in-the-future/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia&#8217;s Infrastructure Surge: A $6 Billion Investment in the Future</span></a></p>
<p>The post <a href="https://estatedia.com/cambodias-infrastructure-surge-a-6-billion-investment-in-the-future/">Cambodia’s Infrastructure Surge: A $6 Billion Investment in the Future</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: The Royal Government of Cambodia is undertaking a massive infrastructure development initiative, with four key projects totaling over $6 billion. This ambitious plan aims to transform the country&#8217;s transportation and trade landscape, fostering economic growth and improving connectivity.</p>
<div class="nv-iframe-embed"><iframe title="Cambodia’s Infrastructure Surge: A $6 Billion Investment in the Future" width="1200" height="675" src="https://www.youtube.com/embed/99qlK6XqBFc?start=81&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
<p><strong>Phnom Penh-Bavet Expressway</strong></p>
<p>Launched in June 2023 under the leadership of former Prime Minister Hun Sen, the $1.35 billion <a href="https://estatedia.com/tag/phnom-penh-bavet-expressway/">Phnom Penh-Bavet Expressway</a> is a crucial link between the capital and provinces like Kandal, Prey Veng, and Svay Rieng. This highway is expected to significantly boost cross-border trade with Vietnam, stimulating the Cambodian economy.</p>
<img data-recalc-dims="1" fetchpriority="high" decoding="async" class="alignnone wp-image-16557" src="https://i0.wp.com/cdn.estatedia.com/2024/08/estatedia.com.jpg?resize=1008%2C530&#038;ssl=1" alt="" width="1008" height="530" />
<p><strong>National Road 1 to Lvea Em Bridge</strong></p>
<p>A vital component of the overall infrastructure development, the bridge connecting <a href="https://estatedia.com/tag/national-road/">National Road 1</a> to Lvea Em in Kandal province is set to revolutionize transportation in the region. With a budget of over $200 million, this project will replace the ferry system, reducing travel time and improving accessibility for residents of Lvea Em and surrounding areas.</p>
<img data-recalc-dims="1" decoding="async" class="alignnone wp-image-16558" src="https://i0.wp.com/cdn.estatedia.com/2024/08/estatedia.com-1.jpg?resize=1012%2C674&#038;ssl=1" alt="" width="1012" height="674" srcset="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/08/estatedia.com-1.jpg?w=900&amp;ssl=1 900w, https://i0.wp.com/estatedia.com/wp-content/uploads/2024/08/estatedia.com-1.jpg?resize=768%2C512&amp;ssl=1 768w" sizes="(max-width: 1012px) 100vw, 1012px" />
<p><strong>Techo International Airport</strong></p>
<p>Cambodia is poised to enter a new era of aviation with the construction of the <a href="https://estatedia.com/tag/techo-international-airport/">Techo International Airport</a>. This $1.5 billion project, scheduled for completion in mid-2025, will enable large-scale flights, connecting Phnom Penh to global destinations. By eliminating the need for transit through neighboring countries, the airport will significantly enhance Cambodia&#8217;s connectivity and attract international travelers and businesses.</p>
<img data-recalc-dims="1" decoding="async" class="alignnone wp-image-16559" src="https://i0.wp.com/cdn.estatedia.com/2024/08/estatedia.com-cambodias-infrastructure-surge-a-6-billion-investment-in-the-future.jpg?resize=1019%2C678&#038;ssl=1" alt="" width="1019" height="678" srcset="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/08/estatedia.com-cambodias-infrastructure-surge-a-6-billion-investment-in-the-future.jpg?w=900&amp;ssl=1 900w, https://i0.wp.com/estatedia.com/wp-content/uploads/2024/08/estatedia.com-cambodias-infrastructure-surge-a-6-billion-investment-in-the-future.jpg?resize=768%2C511&amp;ssl=1 768w" sizes="(max-width: 1019px) 100vw, 1019px" />
<p><strong>Funan Techo Canal</strong></p>
<p>Officially inaugurated on August 5, 2024, by Prime Minister Hun Manet, the <a href="https://estatedia.com/tag/funan-techo-canal/">Funan Techo Canal</a> is a landmark project with a price tag of $1.7 billion. This massive waterway will connect Cambodia&#8217;s freshwater ports to deep-sea ports, facilitating trade with regional and international markets. The project is a joint venture between two state-owned Cambodian companies, a local private enterprise, and a Chinese state-owned company (CBRE).</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-16560" src="https://i0.wp.com/cdn.estatedia.com/2024/08/estatedia.com-cambodias-infrastructure-surge-a-6-billion-investment-in-the-future-1.jpg?resize=1000%2C748&#038;ssl=1" alt="" width="1000" height="748" srcset="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/08/estatedia.com-cambodias-infrastructure-surge-a-6-billion-investment-in-the-future-1.jpg?w=1000&amp;ssl=1 1000w, https://i0.wp.com/estatedia.com/wp-content/uploads/2024/08/estatedia.com-cambodias-infrastructure-surge-a-6-billion-investment-in-the-future-1.jpg?resize=768%2C574&amp;ssl=1 768w" sizes="(max-width: 1000px) 100vw, 1000px" />
<p>These four infrastructure projects collectively represent a substantial investment in Cambodia&#8217;s future. By improving transportation networks, expanding trade opportunities, and enhancing connectivity, the Royal Government aims to position Cambodia as a regional economic hub.</p>
<p><strong>Editor&#8217;s opinion:</strong></p>
<p>Cambodia&#8217;s ambitious infrastructure overhaul signals a bold bet on the country&#8217;s future economic prosperity. By pouring billions of dollars into transportation and trade networks, the government is making a strategic move to transform Cambodia from a regional backwater into a dynamic player on the Southeast Asian stage.</p>
<p>The focus on improving connectivity, both domestic and international, is particularly noteworthy. The new expressway, bridge, airport, and canal are not just infrastructure projects; they are catalysts for growth, promising to attract foreign investment, create jobs, and enhance the quality of life for Cambodians.</p><p>The post <a href="https://estatedia.com/cambodias-infrastructure-surge-a-6-billion-investment-in-the-future/">Cambodia’s Infrastructure Surge: A $6 Billion Investment in the Future</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">16556</post-id>	</item>
		<item>
		<title>Cambodia&#8217;s Infrastructure Transformation: A Look at 5 Key Projects in 2024</title>
		<link>https://estatedia.com/cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024/</link>
					<comments>https://estatedia.com/cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024/#respond</comments>
		
		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Sun, 26 May 2024 23:38:28 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=15443</guid>

					<description><![CDATA[<p>PHNOM PENH- Buckle up, Cambodia! The Southeast Asian nation is witnessing a remarkable infrastructure boom, with several colossal projects transforming its landscape in 2024. These ambitious endeavors promise to revolutionize transportation, trade, and tourism, propelling Cambodia towards a brighter future. One of the most captivating projects is the Funan Techo Canal. Envision a 180-kilometer waterway&#8230;&#160;<a href="https://estatedia.com/cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia&#8217;s Infrastructure Transformation: A Look at 5 Key Projects in 2024</span></a></p>
<p>The post <a href="https://estatedia.com/cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024/">Cambodia’s Infrastructure Transformation: A Look at 5 Key Projects in 2024</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH- Buckle up, Cambodia! The Southeast Asian nation is witnessing a remarkable infrastructure boom, with several colossal projects transforming its landscape in 2024. These ambitious endeavors promise to revolutionize transportation, trade, and tourism, propelling Cambodia towards a brighter future.</p>
<p>One of the most captivating projects is the <a href="https://estatedia.com/tag/funan-techo-canal/">Funan Techo Canal</a>. Envision a 180-kilometer waterway carving its path between the mighty Mekong River and the Tonle Sap, the lifeblood lake of Cambodia. This engineering marvel is poised to become a game-changer, boosting trade within the region, improving irrigation for agriculture, and attracting a surge of tourism.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-15054" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/04/estatedia.com-government-not-to-mobilise-funds-from-citizens-for-funan-techo-canal-project.jpg?resize=1000%2C500&#038;ssl=1" alt="" width="1000" height="500" />
<p>Next, we have the much-anticipated <a href="https://estatedia.com/tag/phnom-penh-bavet-expressway/">Phnom Penh-Bavet Expressway</a>. This 136-kilometer highway slices through the Cambodian countryside, dramatically reducing travel times between the bustling capital, Phnom Penh, and the Vietnamese border. This vital artery strengthens Cambodia&#8217;s position as a key player in regional connectivity.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-15444" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/05/estatedia.com-cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024.jpg?resize=994%2C583&#038;ssl=1" alt="" width="994" height="583" />
<p>Taking to the skies, the <a href="https://estatedia.com/tag/cambodia-techo-international/">Techo International Airport</a> emerges as a major international gateway. Located just 70 kilometers south of Phnom Penh, this state-of-the-art facility boasts the capacity to welcome 2.5 million passengers annually. The arrival of this airport signifies a new era for Cambodian air travel.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-9804" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2023/07/estatedia.com-construction-of-techo-international-airport-over-50-percent-completed-1.jpeg?resize=1001%2C666&#038;ssl=1" alt="" width="1001" height="666" />
<p>Meanwhile, on the coast, the Dara Sakor International Airport takes center stage in Koh Kong province. This project isn&#8217;t just about planes; it&#8217;s about unlocking the region&#8217;s eco-tourism potential. The airport serves as a cornerstone for a comprehensive development plan, aiming to transform Koh Kong into a haven for sustainable tourism.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone wp-image-15445" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/05/estatedia.com-cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024-1.jpg?resize=998%2C706&#038;ssl=1" alt="" width="998" height="706" />
<p>Finally, paradise beckons with the <a href="https://estatedia.com/2023s-first-mega-project-worth-300-million-signed/">Koh Rong International Airport</a>. Nestled on the idyllic resort island of Koh Rong, this new airport promises to transform accessibility. No more long ferry rides! Visitors will soon be able to touch down directly on this tropical gem, further propelling Koh Rong&#8217;s popularity as a tourist destination.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-15446" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/05/estatedia.com-cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024-2.jpg?resize=1000%2C568&#038;ssl=1" alt="" width="1000" height="568" />
<p>While some projects are still under construction, their completion promises to redefine Cambodia&#8217;s infrastructure landscape. These mega-projects are testaments to Cambodia&#8217;s unwavering commitment to growth, showcasing the nation&#8217;s soaring ambitions for the future. So, get ready to experience a Cambodia transformed – a Cambodia connected, a Cambodia thriving.</p><p>The post <a href="https://estatedia.com/cambodias-infrastructure-transformation-a-look-at-5-key-projects-in-2024/">Cambodia’s Infrastructure Transformation: A Look at 5 Key Projects in 2024</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">15443</post-id>	</item>
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		<title>Funan Techo Canal symbolises common spirit of Cambodians</title>
		<link>https://estatedia.com/funan-techo-canal-symbolises-common-spirit-of-cambodians/</link>
					<comments>https://estatedia.com/funan-techo-canal-symbolises-common-spirit-of-cambodians/#respond</comments>
		
		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Sun, 05 May 2024 23:13:19 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=15124</guid>

					<description><![CDATA[<p>PHNOM PENH: Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet this afternoon mentioned that the Funan Techo Canal project has built a big nationalism in Cambodia. At a get-together and solidarity dinner with some 5,000 media practitioners on the occasion of the World Press Freedom Day 2024, Samdech Thipadei Hun Manet expressed thanks to&#8230;&#160;<a href="https://estatedia.com/funan-techo-canal-symbolises-common-spirit-of-cambodians/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Funan Techo Canal symbolises common spirit of Cambodians</span></a></p>
<p>The post <a href="https://estatedia.com/funan-techo-canal-symbolises-common-spirit-of-cambodians/">Funan Techo Canal symbolises common spirit of Cambodians</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet this afternoon mentioned that the Funan Techo Canal project has built a big nationalism in Cambodia.</p>
<p>At a get-together and solidarity dinner with some 5,000 media practitioners on the occasion of the World Press Freedom Day 2024, Samdech Thipadei Hun Manet expressed thanks to the media for reporting the citizens’s support to this historical project.</p>
<p>Regarding to this project, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia H.E. Sun Chanthol said this project had been thoroughly studied by a group of nearly 50 experts.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-15125" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/05/estatedia.com-funan-techo-canal-symbolises-common-spirit-of-cambodians.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" />
<p>Speaking at a press conference this morning, after a meeting with foreign diplomatic corps, including Vietnam, H.E. Sun Chanthol said that the Funan Techo Canal has negative impact less than that of the Phnom Penh-Sihanoukville Expressway and Phnom Penh-Bavet Expressway.</p>
<p>The Funan Techo Canal project has very little impact, while the economic analysis and evaluation show that it will provide great benefits for the areas of trade, tourism, urban planning and construction and so on, he underlined.</p>
<p>According to the project’s feasibility study, the US$1.7 billion Funan Techo Canal project, which will be broken ground for construction at the end of 2024, is 180 kilometres long and 100 metres wide upstream and 80 metres downstream with two navigation lanes. The construction would take around four years to complete.</p>
<p>The canal will link Prek Takeo of Mekong River to the sea in Kep province crossing four provinces: Kandal, Takeo, Kampot and Kep with a total of 1.6 million people living on either side of the waterway.</p><p>The post <a href="https://estatedia.com/funan-techo-canal-symbolises-common-spirit-of-cambodians/">Funan Techo Canal symbolises common spirit of Cambodians</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">15124</post-id>	</item>
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		<title>China’s Sunwah Group eying investment in some key areas in Cambodia</title>
		<link>https://estatedia.com/chinas-sunwah-group-eying-investment-in-some-key-areas-in-cambodia/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Mon, 08 Apr 2024 23:11:43 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
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		<guid isPermaLink="false">https://estatedia.com/?p=14742</guid>

					<description><![CDATA[<p>PHNOM PENH: Hong Kong-based Sunwah Group has been seeking investment in some key fields such as technology, green economy, electrical vehicle (EV) charging stations, waste recycling project using high technology, and renewable energy. The intention was revealed by Dr. Jonathan Choi, Chairman of Sunwah Group while he was paying a courtesy call on H.E. SUN&#8230;&#160;<a href="https://estatedia.com/chinas-sunwah-group-eying-investment-in-some-key-areas-in-cambodia/" rel="bookmark">Read More &#187;<span class="screen-reader-text">China’s Sunwah Group eying investment in some key areas in Cambodia</span></a></p>
<p>The post <a href="https://estatedia.com/chinas-sunwah-group-eying-investment-in-some-key-areas-in-cambodia/">China’s Sunwah Group eying investment in some key areas in Cambodia</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: Hong Kong-based Sunwah Group has been seeking investment in some key fields such as technology, green economy, electrical vehicle (EV) charging stations, waste recycling project using high technology, and renewable energy.</p>
<p>The intention was revealed by Dr. Jonathan Choi, Chairman of Sunwah Group while he was paying a courtesy call on H.E. SUN Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), at the CDC headquarters here late last week.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-14744" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/04/estatedia.com-chinas-sunwah-group-eying-investment-in-some-key-areas-in-cambodia-1.jpg?resize=1000%2C612&#038;ssl=1" alt="" width="1000" height="612" />
<p>Mr. Dr. Jonathan Choi also took the opportunity to invite H.E. SUN Chanthol to preside over Cambodia-Guangdong-Hong Kong-Macao Business Partnership Forum to be held tomorrow (April 9) with the participation of investors from about 70 companies.</p>
<p>For his part, H.E. SUN Chanthol expressed welcome to the above-said investment plans and reassured the provision of the CDC’s facilitation for all investment projects in the Kingdom.</p>
<p>Earlier on the same day, the Cambodian DPM also received visiting Mr. Song Xiaoguo, Senior Counselor of Chongqing Municipal People’s Government. On the occasion, H.E. SUN Chanthol mentioned investment cooperation in Cambodia’s large infrastructure development projects such as Phnom Penh-Sihanoukville Expressway, Phnom Penh-Bavet Expressway project, Phnom Penh-Siem Reap-Poipet Expressway project to name a few.</p><p>The post <a href="https://estatedia.com/chinas-sunwah-group-eying-investment-in-some-key-areas-in-cambodia/">China’s Sunwah Group eying investment in some key areas in Cambodia</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">14742</post-id>	</item>
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		<title>Cambodia meets with China telecom construction company on infrastructure projects</title>
		<link>https://estatedia.com/cambodia-meets-with-china-telecom-construction-company-on-infrastructure-projects/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Fri, 29 Mar 2024 03:19:31 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=14594</guid>

					<description><![CDATA[<p>PHNOM PENH: Cambodia&#8217;s former Prime Minister, Samdech Techo Hun Sen, met with a delegation from China Telecom Construction Company (CCCC) in March 2024. The delegation was led by Mr. Chen Zhong, a member of CCCC&#8217;s senior management. The meeting took place on the sidelines of the 2024 Boao Forum in Hainan Province, China. CCCC, the&#8230;&#160;<a href="https://estatedia.com/cambodia-meets-with-china-telecom-construction-company-on-infrastructure-projects/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia meets with China telecom construction company on infrastructure projects</span></a></p>
<p>The post <a href="https://estatedia.com/cambodia-meets-with-china-telecom-construction-company-on-infrastructure-projects/">Cambodia meets with China telecom construction company on infrastructure projects</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: Cambodia&#8217;s former Prime Minister, Samdech Techo <a href="https://estatedia.com/tag/hun-sen/">Hun Sen</a>, met with a delegation from China Telecom Construction Company (CCCC) in March 2024. The delegation was led by Mr. Chen Zhong, a member of CCCC&#8217;s senior management. The meeting took place on the sidelines of the 2024 Boao Forum in Hainan Province, China.</p>
<p>CCCC, the parent company of China Road and Bridge Corporation, is currently involved in several major infrastructure projects in Cambodia. These include the completed Phnom Penh-Sihanoukville Expressway, the under-construction <a href="https://estatedia.com/tag/phnom-penh-bavet-expressway/">Phnom Penh-Bavet Expressway</a>, and feasibility studies for the Phnom Penh-Siem Reap Expressway and the <a href="https://estatedia.com/tag/funan-techo-canal/">Funan Techo</a> Canal.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-14596" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/03/estatedia.com-16.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" />
<p>During the meeting, Mr. Chen briefed Samdech Techo Hun Sen on the progress of these projects. He emphasized the importance of the Funan Techo Canal for Cambodia, and Samdech Techo Hun Sen concurred. Mr. Chen pledged CCCC&#8217;s commitment to realizing the project according to the recommendations of both Samdech Techo Hun Sen and the current Prime Minister, Hun Manet.</p>
<p>The discussion also covered road projects. CCCC has completed studies for two roads: National Road 50C connecting Kampong Thom and Kampong Chhnang, and a 20-kilometer stretch of National Road 3 from Kampot to Veal Rinh. Mr. Chen requested Samdech Techo Hun Sen&#8217;s support in encouraging Chinese partners to contribute funding for the construction of these roads, given CCCC&#8217;s past maintenance work on them.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-14595" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/03/estatedia.com-15.jpg?resize=1000%2C665&#038;ssl=1" alt="" width="1000" height="665" /><p>The post <a href="https://estatedia.com/cambodia-meets-with-china-telecom-construction-company-on-infrastructure-projects/">Cambodia meets with China telecom construction company on infrastructure projects</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">14594</post-id>	</item>
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		<title>UK supports Cambodia’s initiative to establish Green Special Economic Zone</title>
		<link>https://estatedia.com/uk-supports-cambodias-initiative-to-establish-green-special-economic-zone/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Thu, 08 Feb 2024 02:56:02 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
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		<guid isPermaLink="false">https://estatedia.com/?p=13772</guid>

					<description><![CDATA[<p>PHNOM PENH: The United Kingdom has expressed its intention to cooperate with Cambodia in the establishment of Green Special Economic Zone to support environmental protection for sustainable development. The intention was raised by H.E. Dominic Williams MBE, British Ambassador to Cambodia, in a meeting with H.E. Sun Chanthol, Deputy Prime Minister and First Vice President&#8230;&#160;<a href="https://estatedia.com/uk-supports-cambodias-initiative-to-establish-green-special-economic-zone/" rel="bookmark">Read More &#187;<span class="screen-reader-text">UK supports Cambodia’s initiative to establish Green Special Economic Zone</span></a></p>
<p>The post <a href="https://estatedia.com/uk-supports-cambodias-initiative-to-establish-green-special-economic-zone/">UK supports Cambodia’s initiative to establish Green Special Economic Zone</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: The United Kingdom has expressed its intention to cooperate with Cambodia in the establishment of Green Special Economic Zone to support environmental protection for sustainable development.</p>
<p>The intention was raised by H.E. Dominic Williams MBE, British Ambassador to Cambodia, in a meeting with H.E. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), at the CDC’s headquarters in Phnom Penh early this week.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-13773" src="https://i0.wp.com/estatedia.com/wp-content/uploads/2024/02/estatedia.com-uk-supports-cambodias-initiative-to-establish-green-special-economic-zone.jpg?resize=1000%2C608&#038;ssl=1" alt="" width="1000" height="608" />
<p>H.E. Ambassador also shared his optimism in support of Cambodia&#8217;s national infrastructure and promotion of development programs in various areas like education by focusing on girls’ education, economy, health, security, and safety.</p>
<p>For his part, H.E. Sun Chanthol welcomed the UK’s intention to collaborate with Cambodia in the creation of a Green Special Economic Zone in contribution to global environmental protection.</p>
<p>The Cambodian DPM took the opportunity to thank the British ambassador for supporting the preparation of Cambodia&#8217;s national infrastructure and informed him of main infrastructure projects to connect Cambodia to her neighboring countries, such as the National Road No. 5 expansion project, Phnom Penh-Sihanoukville Expressway, Phnom Penh-Bavet Expressway project, Phnom Penh-Siem Reap-Poipet Expressway project, and Funan Techo Canal which will become a historic waterway project in Cambodia.</p>
<p>Besides, the CDC&#8217;s first vice president also mentioned his planned visit to foreign countries around the world, including the UK, to attract more investors in invest in Cambodia.</p><p>The post <a href="https://estatedia.com/uk-supports-cambodias-initiative-to-establish-green-special-economic-zone/">UK supports Cambodia’s initiative to establish Green Special Economic Zone</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">13772</post-id>	</item>
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		<title>Sihanoukville Master Plan: New meeting paves way for Southeast Asian hub</title>
		<link>https://estatedia.com/sihanoukville-master-plan-new-meeting-paves-way-for-southeast-asian-hub/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Wed, 24 Jan 2024 02:44:36 +0000</pubDate>
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		<guid isPermaLink="false">https://estatedia.com/?p=13485</guid>

					<description><![CDATA[<p>PHNOM PENH:  The 6th meeting of the Inter-Ministerial Technical Working Group on Sihanoukville&#8217;s development took place on January 22nd, marking significant progress towards transforming the coastal city into a multi-purpose special economic zone. Led by H.E Koy Sodany, Permanent Secretary of State at the Ministry of Public Works and Transport (MPWT), the meeting saw active&#8230;&#160;<a href="https://estatedia.com/sihanoukville-master-plan-new-meeting-paves-way-for-southeast-asian-hub/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Sihanoukville Master Plan: New meeting paves way for Southeast Asian hub</span></a></p>
<p>The post <a href="https://estatedia.com/sihanoukville-master-plan-new-meeting-paves-way-for-southeast-asian-hub/">Sihanoukville Master Plan: New meeting paves way for Southeast Asian hub</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH:  The 6th meeting of the Inter-Ministerial Technical Working Group on Sihanoukville&#8217;s development took place on January 22nd, marking significant progress towards transforming the coastal city into a multi-purpose special economic zone.</p>
<p>Led by H.E Koy Sodany, Permanent Secretary of State at the Ministry of Public Works and Transport (<a href="https://estatedia.com/tag/mpwt/">MPWT</a>), the meeting saw active participation from relevant technical working groups and was chaired by H.E. Dr. Phan Phalla, Secretary of State at the Ministry of Economy and Finance.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-13487" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2024/01/estatedia.com-sihanoukville-master-plan-new-meeting-paves-way-for-southeast-asian-hub-1.jpg?resize=1000%2C750&#038;ssl=1" alt="" width="1000" height="750" />
<p>The session focused on two key objectives: reviewing the draft master plan in Khmer and updating the composition of the working group. Beyond the prescribed format, Her Excellency highlighted eight crucial points for consideration, including consistent technical terminology, accurate spelling, alignment with government strategies, and integration with the national transport and logistics plan.</p>
<p>Discussions revealed ambitious goals for Sihanoukville: becoming a renowned city in Southeast Asia, embracing smart technologies, prioritizing environmental sustainability, and fostering high-value-added industries.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-13488" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2024/01/estatedia.com-sihanoukville-master-plan-new-meeting-paves-way-for-southeast-asian-hub-2.jpg?resize=1000%2C660&#038;ssl=1" alt="" width="1000" height="660" />
<p>The Ministry of Public Works and Transport presented its comprehensive transport plan, outlining three main corridors and three sub-corridors to connect Sihanoukville seamlessly with other key regions. Those are, Phnom Penh-Sihanoukville, Phnom Penh-Bavet, Phnom Penh-Poipet, and three sub-corridors: Koh Kong-Kep, Phnom Penh-Stung Treng, Poipet-O&#8217;Yadao</p>
<p>This productive meeting signifies a positive step towards realizing Sihanoukville&#8217;s transformation into a vibrant economic hub, attracting investment and propelling Cambodia&#8217;s growth.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-13486" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2024/01/estatedia.com-sihanoukville-master-plan-new-meeting-paves-way-for-southeast-asian-hub.jpg?resize=894%2C540&#038;ssl=1" alt="" width="894" height="540" />
<p>&nbsp;</p><p>The post <a href="https://estatedia.com/sihanoukville-master-plan-new-meeting-paves-way-for-southeast-asian-hub/">Sihanoukville Master Plan: New meeting paves way for Southeast Asian hub</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">13485</post-id>	</item>
		<item>
		<title>Preliminary feasibility Study of Phnom Penh-Siem Reap-Poipet expressway project Set to complete next year</title>
		<link>https://estatedia.com/preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Thu, 14 Dec 2023 02:46:46 +0000</pubDate>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">https://estatedia.com/?p=12766</guid>

					<description><![CDATA[<p>PHNOM PENH: China Road and Bridge Corporation (CRBC) is conducting a preliminary feasibility study, with plans to complete the Phnom Penh-Siem Reap section in February and the Siem Reap-Poipet section in May 2024. This information was mentioned in the first meeting of the Inter-Ministerial Commission of the Phnom Penh-Siem Reap-Poipet Expressway Infrastructure Project held on&#8230;&#160;<a href="https://estatedia.com/preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Preliminary feasibility Study of Phnom Penh-Siem Reap-Poipet expressway project Set to complete next year</span></a></p>
<p>The post <a href="https://estatedia.com/preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year/">Preliminary feasibility Study of Phnom Penh-Siem Reap-Poipet expressway project Set to complete next year</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: China Road and Bridge Corporation (CRBC) is conducting a preliminary feasibility study, with plans to complete the Phnom Penh-Siem Reap section in February and the Siem Reap-Poipet section in May 2024.</p>
<p>This information was mentioned in the first meeting of the Inter-Ministerial Commission of the<a href="https://estatedia.com/mou-on-phnom-penh-siem-reap-poipet-expressway-signed/"> Phnom Penh-Siem Reap-Poipet Expressway</a> Infrastructure Project held on Dec. 13 at the Council for the Development of Cambodia (CDC).</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-12767" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2023/12/estatedia.com-preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" srcset="https://i0.wp.com/estatedia.com/wp-content/uploads/2023/12/estatedia.com-preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year.jpg?w=1000&amp;ssl=1 1000w, https://i0.wp.com/estatedia.com/wp-content/uploads/2023/12/estatedia.com-preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year.jpg?resize=768%2C511&amp;ssl=1 768w" sizes="(max-width: 1000px) 100vw, 1000px" />
<p>H.E. Sun Chanthol, Deputy Prime Minister, First Vice President of the CDC, and Chairman of the Inter-Ministerial Commission, chaired the meeting with the participation of H.E. Peng Ponea, Minister of Public Works and Transport, and members of the Inter-Ministerial Commission and many relevant officials.</p>
<p>The meeting was held to promote the implementation of the expressway infrastructure project connecting Phnom Penh-Siem Reap-Poipet after signing the Framework Agreement on June 7, 2023.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-12768" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2023/12/estatedia.com-preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year-1.jpg?resize=1000%2C666&#038;ssl=1" alt="" width="1000" height="666" srcset="https://i0.wp.com/estatedia.com/wp-content/uploads/2023/12/estatedia.com-preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year-1.jpg?w=1000&amp;ssl=1 1000w, https://i0.wp.com/estatedia.com/wp-content/uploads/2023/12/estatedia.com-preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year-1.jpg?resize=768%2C511&amp;ssl=1 768w" sizes="(max-width: 1000px) 100vw, 1000px" />
<p>The Phnom Penh-Siem Reap-Poipet Expressway Infrastructure Project is the third expressway project in Cambodia after the first Phnom Penh-Sihanoukville Expressway, which was put into service more than a year ago, and the second Phnom Penh-Bavet Expressway project which started construction on June 7, 2023.</p>
<p>The third expressway stretches over 400 kilometers, passing through Phnom Penh, Kandal, Kampong Cham, Kampong Thom, Siem Reap, and Banteay Meanchey.</p><p>The post <a href="https://estatedia.com/preliminary-feasibility-study-of-phnom-penh-siem-reap-poipet-expressway-project-set-to-complete-next-year/">Preliminary feasibility Study of Phnom Penh-Siem Reap-Poipet expressway project Set to complete next year</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">12766</post-id>	</item>
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		<title>China’s BRI contributes to Cambodia’s economic development: DPM Sun Chanthol</title>
		<link>https://estatedia.com/chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Wed, 25 Oct 2023 02:33:28 +0000</pubDate>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">https://estatedia.com/?p=11950</guid>

					<description><![CDATA[<p>PHNOM PENH: China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia&#8217;s economic growth, creating more new opportunities for development in Cambodia, said H.E Sun Chanthol, Deputy Prime Minister of Cambodia. He made the remark at the International Symposium to commemorate the 10th Anniversary of China’s Principle of Amity, Sincerity, Mutual Benefit, and Inclusiveness&#8230;&#160;<a href="https://estatedia.com/chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol/" rel="bookmark">Read More &#187;<span class="screen-reader-text">China’s BRI contributes to Cambodia’s economic development: DPM Sun Chanthol</span></a></p>
<p>The post <a href="https://estatedia.com/chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol/">China’s BRI contributes to Cambodia’s economic development: DPM Sun Chanthol</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: China-proposed <a href="https://estatedia.com/benefits-of-cambodias-membership-in-belt-and-road-initiative/">Belt and Road Initiative</a> (BRI) has contributed enormously to Cambodia&#8217;s economic growth, creating more new opportunities for development in Cambodia, said H.E Sun Chanthol, Deputy Prime Minister of Cambodia.</p>
<p>He made the remark at the International Symposium to commemorate the 10th Anniversary of China’s Principle of Amity, Sincerity, Mutual Benefit, and Inclusiveness in Neighborhood Diplomacy held on Oct. 24 in Beijing, People’s Republic of China.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-11951" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2023/10/estatedia.com-chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol.jpg?resize=1000%2C620&#038;ssl=1" alt="" width="1000" height="620" />
<p>The exact valuable achievements from the above-said initiative include Siem Reap Angkor International Airport, the under-construction of the new Phnom Penh International Airport, the Phnom Penh-Sihanoukville Expressway, the under-construction of Phnom Penh-Bavet Expressway connecting the Vietnamese border and other infrastructures, he said.</p>
<p>“China’s Belt and Road initiative has enormously helped the Cambodian people, rapidly reducing poverty and promoting Cambodia&#8217;s socio-economic development towards becoming a high-economic country by 2050,” said H.E <a href="https://estatedia.com/tag/sun-chanthol/">Sun Chanthol</a>, who is also the First Vice-President of the Council for the Development of Cambodia.</p>
<p>The main positive results of the diplomatic relations between Cambodia and China are based on the four principles of friendship, honesty, mutual benefit, and inclusion under the BRI initiative proposed by Chinese President H.E Xi Jinping, he added.</p>
<p>The Cambodian Deputy Prime Minister also encouraged both sides -Cambodia and China to continue their healthy relations and cooperation for the common benefit of the two peoples.</p><p>The post <a href="https://estatedia.com/chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol/">China’s BRI contributes to Cambodia’s economic development: DPM Sun Chanthol</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">11950</post-id>	</item>
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		<title>Cambodia encourages BYD to build an EV assembly plant</title>
		<link>https://estatedia.com/cambodia-encourages-byd-to-build-ev-assembly-plant/</link>
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		<dc:creator><![CDATA[Mr Lee]]></dc:creator>
		<pubDate>Mon, 23 Oct 2023 03:27:20 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
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		<guid isPermaLink="false">https://estatedia.com/?p=11902</guid>

					<description><![CDATA[<p>PHNOM PENH: On Friday, October 20, 2023, H.E. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC) met with Mr. Kading Liu, Deputy Director of BYD Co. Ltd., a leading Chinese electric vehicle manufacturer. During the meeting, the H.E. Deputy Prime Minister expressed his appreciation and&#8230;&#160;<a href="https://estatedia.com/cambodia-encourages-byd-to-build-ev-assembly-plant/" rel="bookmark">Read More &#187;<span class="screen-reader-text">Cambodia encourages BYD to build an EV assembly plant</span></a></p>
<p>The post <a href="https://estatedia.com/cambodia-encourages-byd-to-build-ev-assembly-plant/">Cambodia encourages BYD to build an EV assembly plant</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>PHNOM PENH: On Friday, October 20, 2023, H.E. Sun Chanthol, Deputy Prime Minister and First Vice President of <a href="https://estatedia.com/cambodia-licensed-over-53-million-investment-projects-2/">the Council for the Development of Cambodia</a> (CDC) met with Mr. Kading Liu, Deputy Director of BYD Co. Ltd., a leading Chinese electric vehicle manufacturer.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-11904" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2023/10/estatedia.com-9.jpg?resize=1000%2C667&#038;ssl=1" alt="" width="1000" height="667" />
<p>During the meeting, the H.E. Deputy Prime Minister expressed his appreciation and encouragement for BYD to participate in the installation of more electric charging stations in Cambodia and to study the feasibility of building a car assembly line factory in the country. He noted that Cambodia has a young and highly productive population, making it an ideal location for such a factory.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-11905" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2023/10/estatedia.com-10.jpg?resize=1000%2C667&#038;ssl=1" alt="" width="1000" height="667" />
<p>Deputy Prime Minister also briefed the company on a number of infrastructure projects that the Royal Government of Cambodia is developing, such as the Phnom Penh-Sihanoukville Expressway, Siem Reap Angkor Thmey Airport, and the Phnom Penh-Bavet Expressway, which would make it easier to transport and distribute BYD&#8217;s vehicles throughout the region.</p>
<p>In order to encourage more investment in electric vehicles, the Deputy Prime Minister also instructed the company to provide input on the standards that they have successfully implemented in the past in the field of electric vehicles (EV) in Cambodia. This input would be used to draft legal documents related to investment in the electric vehicle sector in Cambodia.</p>
<p>BYD expressed its commitment to the Cambodian market and its plans to build two service centers and two showrooms in 2023, with a new showroom in Siem Reap planned for 2024.</p>
<p>The company also plans to introduce new types of cars to the Cambodian market, citing the country&#8217;s political stability, economic potential, growth of social infrastructure, and increasing electric vehicle traffic.</p>
<img data-recalc-dims="1" loading="lazy" decoding="async" class="alignnone size-full wp-image-11903" src="https://i0.wp.com/cdn0.estatedia.com/uploads/2023/10/estatedia.com-8.jpg?resize=1000%2C667&#038;ssl=1" alt="" width="1000" height="667" /><p>The post <a href="https://estatedia.com/cambodia-encourages-byd-to-build-ev-assembly-plant/">Cambodia encourages BYD to build an EV assembly plant</a> first appeared on <a href="https://estatedia.com">Estatedia | Economy & Real Estate Media in Cambodia</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">11902</post-id>	</item>
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