China Invests US$250 Million for Sino Plaza Construction Project

11 January 2016

Chinese investors have planned to invest around US$250 million to build an integrated complex in Phnom Penh called “Sino Plaza” in Chamcar Mon district. The Sino Plaza project includes a five-star hotel, movie theatre, office buildings, trade and service buildings, shopping mall, restaurants, and residential buildings.

Source:

http://www.akp.gov.kh/?p=74766

Positive growth has ports upbeat

11 January 2016

Cambodia’s two international ports – the Phnom Penh Autonomous Port (PPAP) and Sihanoukville Autonomous Port (SAP) are reported increases. The SAP reached 390,000 20-foot equivalent, a cargo capacity unit, up 17%, with PPAP recording 144,800 TEUs, which was an increase of 8%.

Source:

http://www.phnompenhpost.com/business/positive-growth-has-ports-upbeat

Rice warehouses are put back on the table in talks with China

5 January 2016

The Ministry of Commerce announced last week a $400 million proposal by three Chinese firms to build state-run rice warehousing facilities to increase the Kingdom’s storage capacity. Lacking such capacity is the issue to reaching the 1-million-ton rice export target. A warehouse with dried paddy stock would help increase exports across different markets.

Source:

http://www.phnompenhpost.com/business/rice-warehouses-are-put-back-table-talks-china

New player joins busy telecom market

5 January 2016

Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months with capital investment of more than $140 million. It will at first provide high-speed internet using fiber-optic services, in collaboration with Huawei and Cambodia Fiber Optic Communication Network.

Source:

http://www.phnompenhpost.com/business/new-player-joins-busy-telecom-market

Thailand Trade Fair 2016 To Take Place in January in Siem Reap

2 January 2016

Thailand is going to hold its annual trade expo in Siem Reap cultural province from 9-15 Jan, 2016. Some 120 companies will take part in the week-long event to display their products ranging from construction materials, electronic device to food and beverage, clothes, cosmetics, and utensils on 150 booths.

Source:

http://www.akp.gov.kh/?p=74296

Vehicle Imports Up 27% in First 11 months of 2015

2 January 2016

The first eleven months of 2015, the number of imported vehicles, both new and used ones, rose to 61,894, up about 27% compared to the same period last year. Most of the vehicles were imported from the United States, Japan, China and Korea.

Source:

http://www.akp.gov.kh/?p=74147

China To Invest Some US$400 Million in Rice Warehouse Project in Cambodia

2 January 2016

China’s three major companies are planning to invest some US$400 million in the construction and operation of a state rice warehouse project in Battambang, Pursat and Kampong Thom provinces. It will contribute to boosting Cambodia’s rice export to the international markets, including China.

Source:

http://www.akp.gov.kh/?p=74313