Land

Public land lease

China’s BRI contributes tremendously to Cambodia’s economic, social development

China’s Belt and Road Initiative (BRI) has contributed tremendously and timely to Cambodia’s economic and social development, with achievements enjoyed by the government and people of the Southeast Asian country, Cambodian Deputy Prime Minister Aun Pornmoniroth has said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501372819/chinas-bri-contributes-tremendously-to-cambodias-economic-social-development/

CDC approves investment of $256.56 million, ‘27K new jobs’

The Council for the Development of Cambodia (CDC) approved 26 private ventures in September, totalling an investment of $256.65 million, projected to create 27,262 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-investment-25656-million-27k-new-jobs

SEZs drive $26B exports since 2011

Cambodia has 24 special economic zones (SEZ) operating from 2016 to the end of the first half of 2023, with capital investment of $8.1 billion, mainly in sectors such as garment, footwear and travel products, auto parts, electronics, car tyre manufacturing, automotive and bicycle assembly. ...

May Kunmakara
https://www.phnompenhpost.com/business/sezs-drive-26b-exports-2011

Land sales spur revenue increase for PPSP in Q2

Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties.​ ...

May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2

Land sales spur revenue increase for PPSP in Q2

Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...

May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2

Government gives 9,968 hectares in Botum Sakor National Park to Royal Group

Tycoon Kith Meng’s Royal Group company received 9,968 hectares inside Botum Sakor National park in Koh Kong province, according to a January 25 sub-decree signed by Prime Minister Hun Sen and published earlier this month. ...

Runn Sreydeth and Phon Sothyroth
https://cambojanews.com/government-gives-9968-hectares-in-botum-sakor-national-park-to-royal-group/

Stimulating FDI to strengthen Cambodia’s economy

Despites the ongoing Covid-19 crisis and geopolitical tensions, foreign direct investment (FDI) inflows to Cambodia remain stable, attracting $3.6 billion last year, a senior official said on Friday. ...

Prak Chan Thul
https://kiripost.com/stories/stimulating-fdi-to-strengthen-cambodias-economy

Sihanoukville Special Economic Zone, a platform for cross-border investment along the BRI

After graduating from college, Yue Xiduo, a man born in the 1990s, joined a tire company in the Sihanoukville Special Economic Zone, Preah Sihanouk Province, Cambodia. The man said he chose to work here because the special economic zone is an important project for a ...

Khmer Times Staff
https://www.khmertimeskh.com/501331324/sihanoukville-special-economic-zone-a-platform-for-cross-border-investment-along-the-bri/

China’s BRI flagship project in Cambodia injects momentum to growth, improving livelihoods

The Sihanoukville Special Economic Zone (SSEZ), a flagship project in Cambodia under China’s Belt and Road Initiative (BRI), has not only injected impetus into the kingdom’s economic growth, but also importantly contributed to improving livelihoods of tens of thousands of locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/501295175/chinas-bri-flagship-project-in-cambodia-injects-momentum-to-growth-improving-livelihoods/

PPSP back in black in Q1’23 with $5.7m net profit

A surge in land sales has helped tycoon Kith Meng’s Phnom Penh SEZ Plc (PPSP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-ppsp-back-in-black-in-q123-with-57m-net-profit

Chamber of commerce calls for additional SEZ incentives

Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...

Van Socheata
https://www.phnompenhpost.com/business/chamber-commerce-calls-additional-sez-incentives

More than 50 hectare forest land in economic concession cleared

More than 50 hectare of forest land in an economic concession planted with pine trees, which was cleared by unknown people for the purpose of fencing in the area to claim  ownership, has been inspected by the joint authorities of Mondulkiri province. ...

Khmer Times Staff
https://www.khmertimeskh.com/501258524/more-than-50-hectare-forest-land-in-economic-concession-cleared/

Container freight station aided by Japan opens in Cambodia’s SPSEZ

A container freight station built with aid from Japan was inaugurated recently at Cambodia’s Sihanoukville Port Special Economic Zone (SPSEZ). ...

Khmer Times Staff
https://www.khmertimeskh.com/501252036/container-freight-station-aided-by-japan-opens-in-cambodias-spsez/

Preah Sihanouk master plan reaches halfway mark

The work on the master plan to develop Preah Sihanouk province into a multi-purpose model Special Economic Zone has reached the halfway mark and has now entered the stage of review and recommendations at the technical level, according to Long Dimanche, the Deputy Governor of ...

Manoj Mathew
https://www.khmertimeskh.com/501247134/preah-sihanouk-master-plan-reaches-halfway-mark/

PPSP’s profits decline in Q4 last year, but rise on annual basis

The consolidated net profits after tax of the Royal Group Phnom Penh Special Economic Zone (PPSP) of the conglomerate Royal Group of Companies have decreased 95.21 percent to about $0.18 million in the last quarter of 2022 compared to over $3.82 million in the same ...

Kang Sothear
https://www.khmertimeskh.com/501240205/ppsps-profits-decline-in-q4-last-year-but-rise-on-annual-basis/

More than 700 families in Oddar Meanchey province request the ministry to return their land after the company goes bankrupt

Citizens have land dispute with former sugar company in Oddar Meanchey province urges the Ministry of Land Management, Urban Planning and Construction to settle land dispute and give them back the title after the company goes bankrupt and withdraws from the economic land concession, which ...

Khut Sokun
https://www.vodkhmer.news/2023/01/27/families-in-oddar-meanchey-request-ministry-to-return-their-land-after-company-bankrupt/

Preah Sihanouk special economic zone policy draft approved

The Council of Ministers on January 13 examined, discussed and agreed to the draft policy on land management and use to convert Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone” with planning to that end from 2022-2038. ...

Post Staff
https://www.phnompenhpost.com/business/preah-sihanouk-special-economic-zone-policy-draft-approved

Construction begins ‘soon’ on 1M sqm Kampong Cham SEZ

An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...

May Kunmakara
https://www.phnompenhpost.com/business/construction-begins-soon-1m-sqm-kampong-cham-sez

Big $0.3B tyre plant finished ‘by May’

Construction work on a massive tyre factory in Sihanoukville Special Economic Zone (SSEZ) is expected to be completed by May, according to Preah Sihanouk Provincial Administration spokesman Kheang Phearom on January 3. ...

May Kunmakara
https://www.phnompenhpost.com/business/big-03b-tyre-plant-finished-may

In protected Prey Lang forest, communities pushed out but mining companies welcomed in

Kampong Thom’s Sandan district: Snang An village chief Sok Heng proudly displays a photo of his new home, constructed in July 2021, as his phone’s background image. But Late Cheng Mining Development, a gold mining firm with ties to Prime Minister Hun Sen’s bodyguard unit, ...

Khuon Narim and Jack Brook
https://cambojanews.com/in-protected-prey-lang-forest-communities-pushed-out-but-mining-companies-welcomed-in/

Mondulkiri solves its biggest land dispute

An outside the court settlement was made in the biggest land dispute in Mondulkiri province had seen since 2019. Bousra commune chief Yeut Savin said yesterday that land disputes involving three companies – Varanasi Economic Land Concession Company, Socfin-KCD Company, Kovipama Company – and indigenous ...

Chhun Sunly
https://www.khmertimeskh.com/501178068/mondulkiri-solves-its-biggest-land-dispute/

Prey Lang community asks government to revoke economic land concessions from companies

Prey Lang Community Network calls on the government to revoke the economic land concessions of companies in the Prey Lang Wildlife Sanctuary and the role of civil servants involved in crime and to strictly enforce the law to prevent crimes in this protected area, after ...

Khan Leakhena
https://www.vodkhmer.news/2022/10/20/prey-lang-community-asks-govt-to-revoke-economic-concessions-from-companies/

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