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The Council for the Development of Cambodia has approved a final registration certificate for Cart Tire Co Ltd’s $15 million tyre factory in QiLu Bavet Special Economic Zone in Svay Rieng province’s Bavet town. CDC
Tyre factory rolls out hopes for rubber sector
Mon, 22 February 2021
The Council for the Development of Cambodia has approved a final registration certificate for Cart Tire Co Ltd’s $15 million tyre factory in QiLu Bavet Special Economic Zone in Svay Rieng province’s Bavet town.
General Directorate of Rubber director-general Pol Sopha welcomed the project, saying it will absorb a great deal of the Kingdom’s unprocessed rubber, which is mostly exported.
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Japanese-LED Asian Development Bank (ADB) has approved a $16.4 million loan for a new 60MW alternating-current solar farm in Kampong Chhnang province’s southwestern district of Teuk Phos.
Heng Chivoan
ADB okays $16M loan for solar farm
Thu, 18 February 2021
Japanese-led Asian Development Bank (ADB) has approved a $16.4 million loan for a new 60MW alternating-current solar farm in Kampong Chhnang province’s southwestern district of Teuk Phos.
This comes after the Council for the Development of Cambodia’s (CDC) on February 5 gave nod to the project, which the council noted had capital investment of $37.4 million and would be developed and operated by a Thai special purpose vehicle named Prime Road Alternative (Cambodia) Co Ltd.
Kingdom-Japan trade slips 8% in 2020 phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.
Onion Mobility Co Ltd’s auto-rickshaw will be more affordable than their petrol-powered counterparts, says MVL TADA Cambodia general manager Chim Poly. FRESH NEWS
PHNOM PENH (The Phnom Penh Post/ANN): Locally-assembled electric auto-rickshaws could hit the Cambodian market as soon as early in May after the Council for the Development of Cambodia (CDC) gave the greenlight to an investment project at the weekend.
According to a CDC press release, it will issue a final registration certificate to Onion Mobility Co Ltd’s $20 million electric motorbike and auto-rickshaw assembly plant in Kandal province’s Suvannaphum Special Economic Zone (SSEZ), which is expected to generate 380 jobs.
Cambodia to manufacture electric auto rickshaws investvine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investvine.com Daily Mail and Mail on Sunday newspapers.